Let's take a look at some if the biggest mistakes that home sellers make when putting their home on the market. These situations happen all the time and should be avoided and any cost.
The biggest mistake that home sellers make is overpricing their home. Sellers don't normally understand that not everyone values their home as much as they do. And that's OK. Seller's should have pride in their home. However, that doesn't mean that it is worth what they believe it is. When the seller sets the price too high there are a number of situations that can occur. For instance, the home can sit on the market for too long and not receive any offers. Bad for someone who needs to sell quick. If your home is on the market for 180 days and it doesn't sell then the market can soften and the seller can lose out on good money because it was priced it too high. The market changes quick and a homes value can either increase or decrease within months. Don't make this mistake!
Sellers will have to be flexible when it comes to selling your home. This means letting people view the home during hours that sellers might not want to show their home. If a serious buyer has an agent pitch them a home on 5 o clock on a Wednesday night and your about to start cooking dinner, sellers should consider letting them view your property. Being available and flexible is key to selling a home quick. The more exposure and people that view a listed home the better chances there are at selling it.
Removing personal items such as pictures, guns, jewelry, weapons is essential to selling a home. These types of items need to be stored away so the home can be properly shown to buyers who are coming in and trying to visualize themselves living in the property. Make sure to clean your home and de-clutter any space that has unnecessary items. The less you have out in the open the more attractive and spacious your home will look, which is a good thing.
Unwilling to Negotiate
Selling a home is a negotiation. There will be some terms that the buyers decide to throw in such as keeping the refrigerator or that they want you to pay for closing costs etc. This doesn't mean that you have to comply with what the buyer writes in an offer. However, you should at least play the field. What that means is you should have a strong agent who is good at negotiation and who can help you get the terms that you want. Simply saying no will not cut it and it will most definitely not get your home sold.
Not everyone is a pet lover. Dogs and cats can leave some pretty stank smells. You wouldn't notice it if you were living in it but a potential buyer will absolutely smell it. It's best to keep pets outside or in the garage. Purchase some air fresheners or some Fabreeze to help alleviate some of those unwanted odors.
Wont Make Repairs
A professional inspection will often reveal items in need of repair that the seller didn’t know about. When that happens, an amendment to the contract requesting that the seller make specific repairs is usually proposed. However, the seller is not obligated to accept the amendment to make repairs. It really depends on what types of repairs need to be made. If the roof is caving in and will fall within months then that is something that the seller will HAVE to repair because no one will purchase that house and if they do it will be at an extremely discounted price considering that the roof will need to be repaired in the very near future.