3 Things to Absolutely Avoid Doing When Selling a House

July 17, 2017 - By 

If being a first time home buyer is an exciting first step to building a life, being a first time home seller is a new and stressful event you might have never expected.

Selling a house involves a lot of stress and considerations. Because of that, it’s easy to make small mistakes.

But even small mistakes can add up. And some of them can stop you from ever selling your house for what it’s worth.

The sooner your house is sold, the sooner you can focus on moving into your new house and starting your new life.

That means you absolutely cannot afford to delay. Every decision needs to be the right one.

So if you’re putting your house on the market, you need to remember these tips.

Don’t Mess Up Your Presentation

If your focus is selling a house fast, that means you should do everything you can to entice future buyers of your home.

Presentation is absolutely essential to making a sale. People don’t want to buy a house if during the tour they see it as beat up, filled with old furniture, and foul smelling.

And though you may think some of the clutter in your kitchen shows that your house is lived in, the human mind is more simple.

When you’re trying to sell your house, remember to make it look and smell perfect.

That means moving old furniture into the garage, showing your house’s storage potential to buyers, and using scents like vanilla and citrus to make people happy the moment they set foot in your house.

Don’t Get Killed on Commission

If you’re selling your house for $200,000, you probably want the full $200,000 for it.

But the average real estate broker will make that difficult with the high commission rates that have become standard in the industry.

With the average 6 percent rate given to brokers, the sale of a house for $200,000 will net you a less-than-impressive $188,000.

Look for companies that will buy your house or help you sell without demanding high commission or fees.

Organizations like Global Citizens HQ provide a platform that connects home sellers and investment property buyers without demanding a commission fee.

Don’t Celebrate Selling a House Until It’s Over

When your house is under contract, it’s easy to celebrate having made a sale right away.

Unfortunately, being under contract doesn’t mean you’re going to close.

Although 75% of homes under contract make it to closing, that still means a quarter of all houses under contract are not closed upon in that deal.

There are a number of reasons for this. Bank issues, problems with your timeline, or property issues that are out of your hands can all torpedo your deal.

This doesn’t mean you’re going back to square one. Often times these disputes can be resolved over time. But celebrating prematurely can leave you unprepared for the coming weeks or months in your home.

So keep your head on straight and remember: it ain’t over ’till it’s over.

 

Posted In:  Real Estate