Forest Hill Real Estate Inc., Brokerage*

Phone:
416-755-0123
Fax:
416-755-5536
Contact Us

Forest Hill Real Estate Inc., Brokerage*

Phone:
416-755-0123
Fax:
416-755-5536
Contact Us

3 Common Mistakes to Avoid When Selling a Home

Navigating through the world of real estate isn’t a walk in the park. It can be a tricky journey on a winding road, whether you’re up to buy your much-coveted dream home or sell your much-valued property. When it comes to selling your house, there are a few considerations to make sure it gets sold quickly at a reasonable price. The initial thing to do is to recognize some of the common mistakes made by inexperienced home sellers.

If you are planning to sell your home and want to earn a high return on your investment, here are three common selling mistakes you should avoid at all costs:

1. Incorrect listing price

Getting your house listed is one of the fastest ways to sell your property. While there is a handful of factors to consider in a property listing, the price plays a crucial factor. Some home sellers make the mistake of having an incorrect listing price. Either they go too high or too low just to get their properties sold. As homebuyers are highly critical these days, make sure to have the right listing price.

When coming up with a property price, factor in the market condition, your home’s actual condition, and your circumstances as a seller. Ensure that the property’s price is tantamount to the actual value of your property. A real estate agent can help you decide on the actual listing price of your property.

2. Low-quality, unappealing photos

Apart from pricing alone, the listing photos of your property play a vital role. They are the closest home buyers can get in your property during their initial stage of home-hunting. What many fail to realize is that low-quality, unappealing photos can shoo homebuyers away. Judging by the listing photos that you used, potential buyers may no longer decide to view the property in person.

For this reason, take good photos of your property for the listing. Make sure to highlight some of the best features of your property. Showcase your home in the best possible light, without going overboard with transparency. Hiring a real estate photographer can make all the difference. As the old adage says, a picture is worth a thousand words.

3. Poor staging of the property

For the uninitiated, home staging entails the preparation of your property for sale in the real estate marketplace. Unfortunately, some home sellers do not invest in staging their properties in the best possible way. A poor staging of your property can definitely drive customers away.

Remember that you’re not only selling the property, but you’re also selling the idea of a “home.” Staging your home helps you highlight the best features, reduce the worst, and give potential buyers some inspiration. Your goal is to ensure your house looks appealing to the highest number of prospective buyers. As a result, you’ll sell your property more swiftly and potentially for more money.

Conclusion

Knowing what mistakes to avoid when selling your home will help you get a great deal. Again, make sure to post the right listing price, utilize quality listing photos, and have a proper staging of your property. When you put all these in mind, you’ll be surprised at how quickly your property gets sold and at a better price than you initially expected.

Selling your home can be a bit tricky and quite challenging. If you need the help and assistance of a real estate brokerage agency to sell your house, get in touch with us today!

 

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At Forest Hill Real Estate Inc., Brokerage* we uphold an ongoing commitment to providing an elevated level of personal service. Our clients come first, and as a result, they are able to achieve more than they ever dreamed with their real estate investment.

Because we expect more from our associates, you can expect more from us when it comes to the important sale or purchase of your property. When it comes to your next move, we want you to experience the difference exceptional real estate service can make.

Contact us today, for free real estate advice, to find your nearest sales associate or to find your dream home!