Top 5 Biggest Mistakes of Home Sellers

In an article released today by Chris Seder, He outlines the biggest mistakes that you can make when selling your home. The following are some highlights, outlining the pitfalls to avoid if you are preparing to sell.

1. Neglecting the Fine Print in your Realtor Contract. Make sure that you go over the fine print of your contract with a real estate agent or lawyer to fully understand the conditions that you are selling your home under.

2. Jumping in with no research. For Sale by owner homes can be difficult, as you never know what to list at. Do some research, and understand what people in your area are buying homes for. The value you think your home has may not reflect in the market.

3. Failure to market your home. You really have to promote and market your property if you want it to sell – waiting for the buyers to come to you may not be the best way to go about selling.

4. Personal Home Staging. When potential buyers come to view your home, remove all personal items and family photos. You want to give the local buyers the idea that this could be their home, not that they are buying it from you. Also remove your home of clutter, as it can make your home for sale feel smaller.

5. No effort to “stand out”. If you are trying to sell in a fairly competitive housing season or market, prepare yourself by visiting other Boston homes for sale in your area. This gives you a great sense of the market, and what is being offered for what price. You can also list what you find appealing in these other homes, and try to apply something similar at your own open house.

(Read more seller “Don’ts” from the full source article here)

Friday, June 18th, 2010 Boston, Boston First-Time Home Buyers, Boston Homes for Sale, Boston Property Management, Boston Real Estate, Buying or Selling Homes, Real Estate News

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