September 26, 2024
Hey there, sellers! The real estate market is shifting, and you don’t want to make these four common mistakes when selling your home. According to the latest data, we’re in a transitional market. So, if you're thinking about listing your home, here are four things you definitely want to avoid.
First, don’t ignore the small stuff! It’s tempting to leave minor repairs for the buyer, but in today’s market, buyers are searching for homes that are move-in ready. Even small visible issues can turn off a buyer, resulting in longer days on market, lower offers or demands for concessions.
Second, try to stay objective. Selling a home can be emotional, but letting your emotions guide decisions can hurt the process.
Third, stay flexible and be willing to negotiate. With more homes hitting the market, buyers have greater options, so if they don't think the seller will budge or work with them on repairs for example, they will look elsewhere.
Finally, be realistic with your pricing. Overpricing is a big mistake in this transitioning market. Homes with inflated prices are sitting longer, seeing price reductions, and may face appraisal issues. You want to attract buyers—not scare them off.
Connect with my team today, and let's strategize on how to sell your home for the best price in this changing market.
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