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Common Mistakes Homeowners Make When Selling

Sale   |   October 2, 2023   |   Wright & Co Estate Agents

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There are lots of different stages in the process of selling your home and they are all equally important. From getting a valuation and taking marketing photos to negotiating offers, selling your house can be a time-consuming and lengthy process, and many homeowners don’t realise just how much there is to do to ensure a sale goes as smoothly as possible. In fact, many will make the same mistakes when deciding to sell their home. 

With so many hurdles to overcome, it can be beneficial to learn more about the common mistakes homeowners make when selling their house, so you know what not to do. Below we have looked into some of the mistakes people tend to make during the selling process. 

Not using a local estate agent 

It’s a common misconception that all estate agents are the same and sometimes, homeowners will pick an estate agent without much thought. However, choosing a local estate agent with many years of experience can be incredibly useful. They will have knowledge of the local area and what it has to offer prospective buyers, enabling them to sell your property during viewings. A local estate agent will be extremely well-placed to sell your home.

Setting the asking price too high 

Going into the process of selling your home with money at the forefront of your mind can be a big mistake. This often results in homeowners overpricing their home and an unrealistic asking price can be discouraging to prospective buyers. It’s essential to speak to an experienced valuer about the current market conditions to get a better understanding of how much your home is really worth before deciding on an asking price. 

Not staging each room for marketing photos 

When they’re busy trying to balance their professional and personal responsibilities, lots of homeowners will forget to stage their home before an estate agent comes over to take marketing photos. Your marketing photos are so important and they will help to ensure your home is giving off the best first impression, so always find the time to declutter before these photos are taken. Try to showcase the best parts of your home in these photos too. 

Investing in the wrong home improvements 

It isn’t uncommon for homeowners to make some home improvements before putting their house on the market and this can be beneficial. Lots of people will invest too much money in the wrong projects though, resulting in them not making this money back on their sale. Speak to an estate agent about the best improvements to make to increase the value and kerb appeal of your property, this will prevent you from wasting your time and your money. 

Being unavailable for viewings 

Again, when homeowners are busy, they can struggle to find time for viewings. But if prospective buyers can’t view the house, they won’t put an offer in. Ideally, you should try to be as flexible as possible to accommodate viewings and show prospective buyers around your home, even if the time they want to visit isn’t particularly convenient. There is a higher chance of you selling your house quickly when prospective buyers don’t have to wait to view it. 

Selling at the wrong time of the year 

Very few homeowners take into consideration the time of year when putting their house on the market, yet this can be more important than you realise. Some times of the year are quieter than others for the property market and if you want a quick sale, you should do some research into your target buyer and when is most suitable for them to move home. For example, for three-bedroom semi-detached family homes, spring/summer is a great time to sell. 

Underestimating how much a house sale costs 

Of course, there are several expenses associated with selling a house, but lots of homeowners underestimate how much the whole process will cost them. It’s important to assess your finances before you consider selling your home and this can help you to determine whether it’s the right thing to do at this moment in time. An estate agent will be able to tell you more about the costs associated with selling a house to assist you in this regard. 

Putting a house up for sale in Sheering

If you are wanting to put a house up for sale in Sheering and would like to speak to an experienced estate agent about the process of doing so in more detail, get in touch with the Wright & Co. team today. We are confident that we will be able to assist you with your house sale and we can prevent you from making the same mistakes as other homeowners. Since being founded back in 1981 we have gone above and beyond for our clients, and our results speak for themselves. We look forward to hearing from you.

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