Avoid Nasty Investors & Maximize Value
Overpricing: Setting your asking price too high is the top mistake. It significantly reduces the pool of qualified buyers and prolongs the time your house sits unsold on the market. On the other hand, a slightly below-market asking price can increase buyer interest and potentially lead to multiple offers that bring the final selling price closer to your desired amount.
Relying on Outdated Information: In a rapidly changing market, last year's or even last month's comparable sales may no longer be relevant. Focus on recent sales of properties similar to yours in terms of attributes and location, giving less weight to asking prices and more to actual recent sales.
Neglecting the Fine Print: Carefully review every document and seek clarification on any terms you find confusing. When it comes to contracts, there are no silly questions. Your real estate agent should be capable of providing clear explanations. If not, it may raise doubts about their ability to represent you effectively.
Underestimating "Online Curb Appeal": Today's tech-savvy buyers initiate their home search online, with photographs being their first point of contact. Ensure your property is presented clearly in photos. Attract buyers by showcasing one or two distinctive features that you believe make your home special.
Self-Representation: Some homeowners believe they can save money by listing their home for sale without a real estate agent's assistance. However, this often leads to increased stress, compromises security, and results in lower net proceeds compared to those who engage and pay for the services of a skilled agent.
Is it time to talk with a probate real estate professional? Have a look at our list of interview questions or learn more about The Kaur Gray Group.
Ready to sell now? Give The Kaur Gray Group a call at 951-543-4592.
