Pitfalls to avoid when selling (Pt.1)

Sunday, June 2, 2019

 

Making a mistake when it comes to selling your home could cost you a lot – either breaking a sale or resulting in selling at a lower price than you deserve. Don’t fall into any of these mistakes by planning how to prevent them.

Neglecting repairs. Failing to fix that broken light switch or leaky tap may result in a low offer or even no offer at all. Look around your home and make a list of all the necessary reparations, crossing them off one by one as you fix them. If you don’t patch up some of the problems, then potential buyers will begin to wonder what other problems you are trying to hide. If you don’t want to or can’t fix them, you should take the cost of repair off of the asking price.

Mis-pricing your home. Price your home too low and you’ll leave money at the drawing table but price it too high and you could miss out on offers. Some sellers believe that you should price your home with space to negotiate but this isn’t true. Price your home at its worth.

Being too emotionally attached. We get it – you’ve lived in your house for over 20 years and filled it with memories so when someone views it and criticises everything, it’s hard not to take it personally but don’t! Remember this is now a business transaction and by letting your ego get in the way, you could be missing out on a massive deal.

 

Keeping these common mistakes at the back of your mind will help you avoid them during the process of selling your home, hopefully resulting in a quick sale without any problems. If you have any questions about selling a property, then please get in touch with our Sales specialist Anthony Periera on 020 8954 0045