When it comes to selling a home, sabotage – especially self-sabotage – is the worst thing that can happen. Luckily, if you know what to look out for, sabotage is largely avoidable.
Let’s look at some of the main things that sabotage a home sale.
- Not knowing the local market.
Without comparable properties to price your home, you may overprice or underprice it. So it could either sit for long periods of time or pull in less money than it could have if priced properly. When you work with our team, we’ll keep track of the neighborhood stats for you.
- Overlooking easy fixes before an appraisal.
When you proactively fix issues, you don’t need to rush when it’s home inspection or appraisal time. Making low-cost updates throughout your home, and keeping a record of all renovations can have a big impact.
- Holding on to clutter.
If you’ve been horrified by the TV show hoarders, you probably have a good idea of what others might feel seeing your home cramped with clutter and junk. It’s not a pretty picture. Donate and get rid of as much clutter as possible.
- Poor quality photography.
Photos give buyers their first impression of your home. Professional photography is hands-down the best way to give a positive first impression.
- Weak marketing strategy.
Unless you’re working with a Realtor who has a strong online presence, you’re missing out on reaching tens of thousands of potential buyers. Add to that professional video and drone footage, and you’re better suited to reach not just local buyers, but buyers out of town/province.
- Selling your home yourself.
Without the help of an agent, FSBO sellers are blind in a lot of ways. They have no clue how to price their home, no market insight, no idea how to do the paperwork or negotiate. Homes sold using a realtor make back more money than FSBOs and cover commissions at the same time. That’s less work for you and more money in your pocket.
It could be buyers getting cold feet or having a change of heart, or some unexpected life event happens. In any case, the seller has minimal control over these things and most of the responsibility is on the buyer.
The great thing is, that most of these things that sabotage the sale of your home actually are under your control. Start your selling process off right by giving our team a call today!