8 Top Home Selling Mistakes you Should Avoid

Real Estate Tips, Selling | June 30, 2022 | written by Corbin Chivers

When you’re selling your home, the process can be daunting and overwhelming. There are a lot of things to consider and it’s easy to make mistakes. Cloverdale has seen a significant uptick in home prices over the past year. If you’re looking to sell, it’s important to make sure you do everything right so you can maximize your return on investment. Avoid these top mistakes, and you’ll be well on your way to a successful sale!

Here are some of the most common mistakes you should avoid when selling a home:

Not considering the costs of selling

When you’re selling your home, it’s important to remember that there are costs associated with the process. From agent fees to repairs, there are many expenses to consider. Many home sellers underestimate these costs, and end up paying more than they anticipated.

Setting a price that’s unrealistic

One of the biggest mistakes that homeowners make when they’re trying to sell their home is setting an unrealistic price. Setting an unrealistic price on your home can lead to a lot of wasted time and energy. You may not get the right buyer, and you could even miss out on a sale altogether.

Taking the highest offer

It’s always a big decision to put your home on the market. Cloverdale homes are a hot commodity, and sellers are often tempted to simply take the highest offer they receive. However, there can be benefits to waiting for a little longer and seeing if a better offer comes along. In some cases, the extra time can lead to a higher sale price and more money in your pocket. 

Ignoring major repairs

As the old saying goes, “An ounce of prevention is worth a pound of cure.” This is especially true when it comes to home repairs. If you’re considering selling your home in Cloverdale, it’s important to be aware of any major repairs needed. Not addressing major repairs before selling your home may deter buyers from putting in an offer.

Not doing everything you can to prepare your home

Putting your house on the market without doing any work may result in a low offer from buyers. By preparing your home for sale, you can maximize its value and get the best price possible. If you plan to sell your home in Cloverdale sometime in the near future, you need to start preparing it now. Making a few small changes now can make a big difference when it comes time to list your home.

Selecting the wrong agent to sell your home

One of the biggest decisions to make when selling your home is whether to sell it yourself or use an agent. Given the unpredictability of the current Real Estate market, it might be best to contact an agent to discuss your options. The top realtors in Cloverdale at Corbin & Co can guide you through the entire process, making it easy and stress free.

You may also ask potential agents about:

  • Their marketing plan for your home
  • Whether you are required to sign a contract
  • Their negotiation style
  • How often they plan to communicate with you
  • Any current listings that might compete with yours

Keeping your showings limited

Most people think that they need to limit the number of showings on their home in order to get the best price. However, this may not be the case. Don’t be afraid to let as many people as possible see your home – you may be pleasantly surprised by the final price!

Not considering your broader financial situation

When it comes time to sell your Cloverdale home, there are some things you’ll want to take into account in order to get the best possible return on your investment. While price and condition of your home will undoubtedly be major factors in a sale, you’ll also want to consider how your broader financial situation impacts your ability to sell.

Ready to sell your home?

Our team of experts at Corbin & Co can work with you to create a selling plan to make sure you get the best price for your home in the least amount of time possible! We’ve helped to sell many homes in the Clayton Heights, Willoughby, and Cloverdale area. Contact us today to discuss your options!

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