Today, I’ll share two major mistakes to avoid when selling your home.
There are two HUGE mistakes all sellers must avoid when listing their home.
1. Overpricing your home.Today’s market is hot, but if you price your home too high, it’s going to sit on the market for months at a time. When a house is on the market for months on end, typically it sells for less than true market value. The people who come through your listing within the first few weeks after it’s been listed are the ones who are most likely to make a purchase at market value (and above!). If you price your home correctly, you might even receive multiple offers, which is the best case scenario as a seller. With multiple offers, you’ll be in the best negotiating position to get the highest price for your house.
There are many problem areas that, if properly addressed, could help your home sell faster and for more money.
2. Not addressing problem areas in your house. Almost every home has problem areas, places in your house where repairing or updating will yield a positive return on investment (ROI) once the house sells. As a seller, the way to win in our market is by making strategic investments that will bring you a high ROI upon closing. There are a number of problem areas that, if properly addressed, could help your home sell faster and get you more money in pocket.
If you’d like some specific guidance on avoiding these two mistakes when listing your home, call us at (703) 350-2830, and one of our expert listing specialists will be happy to help!