There are many things that you need to do when selling your house fast and for top dollar. However, there are many mistakes that sellers make that cost them both time and money.
Of the list below, the average seller makes half of these mistakes. If you want to have the best outcome possible when selling your house, avoid these nine missteps.
Not Making Repairs
Buyers are looking for houses that are move-in ready. When they walk through a house they don’t want to notice anything that needs to be fixed. If you try to hide something, the inspector will usually find it and even if he does not, you could be legally responsible for the issue down the road.
There are a couple reasons why de-cluttering is important. (1) Clean and organized houses look bigger. When you have stuff everywhere it looks like there is not enough room for storage. (2) De-cluttering allows you to pack up your personal items that would distract a buyer from seeing the house. You are trying to show off your house, not your stuff.
Selling an Empty House
Buyers have a hard time imagining what things would look like or what rooms could be used for. If you have already moved out of your house it is important to have it staged for the buyer.
Focus on the dining room, living room, and master bedroom. You don’t have to stage every bedroom because that allows buyers to think about rooms that could be used as either children’s bedrooms, spare bedrooms, or office space.
Choosing the Wrong Asking Price
This works in both directions. If you overprice your house it will be harder to sell and you will likely have to lower the price a few months later anyway. If you underprice your house you will lose money that could have potentially been in your pocket.
Not Being Showing Ready
On the day of a showing or open house your house needs to be spotless. Rooms should be cleaned from top to bottom including the closets. You do not want your house to look “lived in” when the buyer comes through.
Letting Your Emotions Get Involved
The majority of sellers think that their house is worth more than it really is. Do not allow your emotions to influence how you respond to offers that come in.
Not Begin Honest on the Disclosures
You need to include everything you know of on the Seller’s Disclosure. Not doing so could get you in hot water later on, both financially and legally.
Timing it Wrong
Not only do you want to pay attention to the season that you are trying to sell in, but also the day you are selling. One day can make the difference of how much of the taxes you are responsible for during the year.
Paying Extra Fees
Before closing you will be able to see a list of all the fees you are responsible for paying. Make sure to question and understand every item listed so you don’t end up paying something you didn’t need to.
There is a lot involved in selling your house. Chances are good you want to sell your house fast and you don’t want to lose money that could be yours. Avoid these nine selling mistakes to help achieve the best outcome possible.