Mistakes to Avoid when Selling Home

You might be thinking of selling home while moving to another destination. You might also be aware of the basic things to do that will fetch you a handsome cost for your real estate deal. But hold on, did you ever thought of avoiding certain mistakes while selling home? If not, you must do this. Certain mistakes can result in missing on a profitable deal with a potential buyer. Read on to know what mistakes to avoid when selling home.

Don't try to sell home when it is not ready- You must prepare your house before you offer it to the buyers. Do whatever is needed to bring home in shape- in a good shape. This may mean cleaning, painting, repairing and even remodeling. A little investment here will bring you a value for your house and a good money too!

Don't set an unrealistic price for your house- Whatever you are doing to improve your home, do not set a selling price that is not appropriate for it. A much higher asking price will deter the buyers from offering to buy home at the first place. A right price of home (or even a slightly higher price than fair market value) will at least send them the message for negotiating about the deal.

Don't overdo while remodeling home- Your home should not look like 'something out of place' from your neighborhood. If upgrading home, do it in such a way that it adds to the beauty of surroundings and does not put off the buyers at the very first sight of it.

Don't be emotional while hiring a real estate agent- Hire a realtor simply on business rules. A professional real estate agent who knows and deals house sales in you neighborhood is the appropriate one to be hired. You can go for your friends or relatives who are realtors but only if they fulfill your requirements and have sound business knowledge.

Don't try to hide the problem areas- If your basement leaks or the heating system is not working right, repair them before filling up the property disclaimer form. Simply filling the form cannot deter the buyer from suing you later when the problem is found out!

Don't try to sell home fast- Last but not least, don't ever try to sell home quickly or in a hurry. Real estates are something to be pondered upon, to be planned and to be given time for getting the right price. Being in hurry means making yourself weak while negotiating for the house price.

These were only some don'ts to be kept in mind while selling your home but the million dollar question is what you should do to sell your house in a way that you get the maximum possible profit from it?

by Deepa Roy

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Burchard No complaints on this end, smilpy a good piece. read more... 08/10/2011 Read all comments: 1