Don't sell your home without a Realtor... here's 4 reasons why...

4 COMMON HOME SELLER MISTAKES

What You Don't Know Can Cost You!



If you're considering selling your home, congratulations on taking this exciting step. However, it's essential to be aware that navigating the home-selling process can be challenging, even for experienced homeowners. In today's blog post, we'll shed light on four common home seller misconceptions that can hinder a successful sale. Whether you're a first-time seller or have been through the process before, understanding these pitfalls will empower you to make informed decisions, maximize your profits, and streamline the selling experience. So, let's dive in and learn how to avoid these missteps to ensure a smooth and lucrative home selling journey.


1.  "If I price it a little higher, I can always come down." 

While technically true, know that you're actually costing yourself more by taking this approach. A listing gets the most attention in the first 30 days. Overpricing your home leads to a series of price 
reductions -- which leads not only to a loss of initial momentum but also creates doubt in buyers' minds as to why the home has been on the market so long. Today's savvy buyers know what fair market value is. Price your home right from the start, and you'll have a listing so attractive that you may even cause a bidding war -- earning you more money in the long run.  

2.  "I can make more by selling it on my own." 

While we certainly can appreciate wanting to save money, the truth is that the facts simply don't support this mindset. According to stats gleaned by the National Association of REALTORS®, the typical FSBO home sells for $184,000, compared with $230,000 for agent assisted home sales. Many consumers find that the time investment and lack of negotiating power leave them more frustrated than they ever imagined. Think of it this way: When your car needs repair, you take it to a professional. When you’re sick, you go to a professional. Even when your phone needs service, you take it to a professional. Shouldn't one of your biggest assets get the same professional attention?


3.  "I don't have to fix anything; I'll sell it as-is." 

The fact is, today's buyers are looking for move-in ready homes, and they're serious about subtracting potential repair costs from your bottom line. Those buyer-estimated costs are often far higher than what it would cost to have the repairs done beforehand. Little repairs left unchecked also raise questions about what big-ticket repairs may be required, leaving buyers uneasy about making an offer. You'll undoubtedly save time, money and frustration by repairing issues before listing your home.


4.  "I should get every dollar back from the improvements I've made." 

Unfortunately, what you deem as the perfect improvement may not work for the buyer. Over-improving your home in a market that simply won't bear up to comparable homes might leave you significantly upside-down on your investment. 


Are you ready to take the next step in selling your home? Don't let these common mistakes derail your selling experience. As an experienced realtor, I am here to guide you through the process and help you avoid these pitfalls. Let's work together to showcase the best features of your home, price it competitively, and attract qualified buyers. Contact me today to schedule a consultation and let's get your home listed. Together, we can ensure a successful and profitable sale. Don't miss out on this opportunity - take action now and let's make your home-selling journey a smooth and rewarding one!


Get your home's value here:  https://jasonwoods.exprealty.com/seller/valuation

See homes for sale here:  https://JasonWoods.eXpRealty.com



  JASON WOODS

   REALTOR | DRE#:01824283

  eXp Realty of California., Inc

  CALL OR TEXT:  916.470.8152

  EMAIL:  Jason.Woods@eXpRealty.com  

  WEBSITE:  www.JasonWoods.eXpRealty.com

  "Servicing all of Northern California!"






Location: Sacramento, CA, USA

Comments

  1. Jimmy JohnJune 13, 2024 at 6:14 PM

    Thanks for the helpful tips on selling your home in Sacramento. I liked your advice about the property. Those such tips to make a great first impression on potential buyers.

    ReplyDelete

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