Boston Real Estate FAQs / Selling /
What are some of the worst mistakes home sellers make?
Votes: 0
Overpricing can keep your house from selling, even after the price is reduced. Buyers are most attracted to homes that are new to the market. If a property hasn't sold after a while, many buyers won't be interested because they feel that "something must be wrong with the house or it would have sold by now."
Restricting your forms of marketing can be very detrimental to the sale of your property. Be sure your home has the most exposure possible to the marketplace in order to attract the best, most qualified buyers.
Over-improving a property can cost you valuable time and money. Be careful not to overextend yourself on repairs before selling. Too often a homeowner will invest huge amounts of time and money in repairs just to realize that much of that money will not be recouped in a higher sale price . It is very important before you do any repairs to be sure that the money you spend will be reflected in equity .
Not listening to a professional's advice can keep your home from selling quickly. As a licensed agent, I know how the real estate market works. I've been trained in determining what will make a property sell quickly, and give you the most return.
Restricting your forms of marketing can be very detrimental to the sale of your property. Be sure your home has the most exposure possible to the marketplace in order to attract the best, most qualified buyers.
Over-improving a property can cost you valuable time and money. Be careful not to overextend yourself on repairs before selling. Too often a homeowner will invest huge amounts of time and money in repairs just to realize that much of that money will not be recouped in a higher sale price . It is very important before you do any repairs to be sure that the money you spend will be reflected in equity .
Not listening to a professional's advice can keep your home from selling quickly. As a licensed agent, I know how the real estate market works. I've been trained in determining what will make a property sell quickly, and give you the most return.
Others in this Category
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- Explain the difference between a "Buyer's market" and a "Seller's market."
- How can I sell my house in a slow market?
- Is taking pictures of the inside of my house a security risk?
- How do I get my home ready for showings?
- Whose obligation is it to disclose information about a property?
- Is a pre-approved buyer better than a pre-qualified one?
- Are verbal offers legally binding?
- What happens when a buyer makes an offer?
- What if the offered price isn't what we wanted?
- What contingencies are usually put in an offer?
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- What is a mortgage contingency?
- What is seller financing?
- Am I obligated to disclose the terms of other offers to a prospective buyer?
- What is an "earnest money" deposit?
- Who pays the fee of a buyer's agent?
- What is a Purchase and Sale Agreement?
- What if I decide I want to change something in the contract?
- What happens if the appraisal is too low?
- What happens if the buyer's loan is not approved by the deadline in the contract?
- What happens if the buyer's loan is denied?
- Should I keep making my mortgage payments if I'm selling my home?
- What is a final walk-through?
- What does the closing attorney do?
- Who does the closing attorney represent?
- What happens at the closing?
- What do I need to bring to the closing?
- What documents should I leave in the house for the new owner?
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