5 Home Selling Tips That You Should Ignore

Tell someone you’re thinking about selling your home, and get ready for all the unsolicited advice. Some of it will be helpful, and some of it will be just wrong or outdated.

Here are a few home selling tips that you might hear, but we recommend always ignoring.

Selling For Sale By Owner (FSBO) will save you money.

Listen, we have wallets and budgets and homes too! Everyone wants to get the most money they can from the sale of their home, so it can be tempting to sell on your own and avoid paying a commission.

However, selling a home is about a lot more than placing a sign in your yard. Because we’ve been doing this for a while, we can help you put the right pieces in place so that you sell your home quickly and for the most money.

Things like small home improvements, staging advice, and professional photography can help you get more for your home. We are also advocates for you in the negotiation process, will market your home to the right people, and make sure all our I’s are dotted and T’s are crossed in the contract.

Only a small part of selling a home is getting eyes on it— the real job is getting to the closing table. That’s where the help of a true professional comes in.

Spring is the best time to sell.

The truth is, every season has buyers. In the spring, there might be more buyers by the numbers, but there are also more sellers, so the competition to sell is much higher. Spring buyers also typically have more time to shop compared to buyers at other times of the year that may have a bit more urgency.

In short, there’s no need to wait until spring if you’re ready to sell now! A good Realtor will market your house so you can match with the right buyer no matter the season.

Home Improvements are a waste of money.

Making changes to your home before selling is a mixed bag. Often there are a few improvements that can help you get more money for your home. Again, this is where selecting an agent with experience and knowledge of the market can really pay off!

Improving your home before selling doesn’t have to mean huge changes or anything outside of your timeline or budget; however, a few sensible changes can sometimes mean thousands of dollars in your pocket.

Work with your Realtor to determine which improvements can net the most ROI for your house and the current market.

Price your home high because you can always reduce it later.

You always want to price your home right the first time. When your home sits on the market or goes through a price reduction, buyers notice that and can start to wonder if something is wrong with the home. Plus, a home that sits on the market can cost you a lot of money on things like storage fees, multiple mortgage payments if you’ve already bought a home, and professional cleaning services.

Our team will do their best to get your home priced right the first time. Would you believe it’s actually better to slightly undervalue the home because the market will correct it with multiple offers?

Think about what the market could be like in a year.

Sure, we can guess what might happen a year from now, but no one really knows. Just be aware of anyone giving you advice to hold out and wait. Odds are that with homes selling quickly and mortgage rates still very low, there’s little room for any improvement in the market.

 

Questions, or want to connect?

Send us a message and we’ll get right back to you!

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