Are you selling a home for the first time? If so, you must be aware of some of the most common mistakes first-time home sellers make. In today’s market, when the information related to housing markers are easily available and accessible, sellers may have to spend more time and cash making their homes more desirable.
Here are four tips for you to follow a first-time home seller:
Price your home right
You must be fascinated by the concept of upselling and downselling in marketing, and it may lead you to believe that you should price your home too high in the beginning. But it will end up being your biggest mistake. Your largest number of showings will occur in the first two to three weeks. You should try to take advantage of the initial buzz by pricing the house competitively from the very beginning. If you have hired an agent, have him or her conduct a comparative market analysis (CMA) and price your home competitively. If you receive a lot of offers, the competition can help you sell above the asking price.
Market your property aggressively
Even if you are selling your home in a seller’s market, you should market your property aggressively. If you have hired a real estate agent, try to find out which sales tactics he or she will use. Apart from traditional methods of marketing, you need to focus on targeting your prospects in the virtual world. There are many websites offering free home listing services. You should list your property with beautiful photographs on these sites. However you market your house, you need a good number of clear, well-lit, professional-quality pictures that show your house at its best.
Sweeten the deal
If you want to close the deal quickly, you can throw in something extra. You can offer to pay the closing costs or pay for home inspection. These little incentives can help make your listing stand out in the crowd and hook prospects instantly. You can also make your house move-in ready to attract ‘lazy buyers’. You should actively advertise this fact in your listings.
Declutter your home
Keeping your house clean is important in every sale. But first-timers are likely selling smaller houses, and clutter can mean the difference between cozy and cramped. Get rid of unnecessary furniture to make the house feel more spacious. Kitchen and bathroom countertops are hot spot that many sellers forget to clear.