The number of days a house remains on sale has decreased from 71 days in 2020 to 37 days in 2021. This is probably because home sellers are making fewer mistakes.
You’re planning to sell a house for a huge pile of money. Before you list your house on the market, you must know that this will be one of the biggest transactions in your life. If you make any mistakes, you’ll have regrets for the rest of your life.
Home sellers often make critical mistakes during the home sales process that scare away buyers. Here are some of these mistakes.
1. Setting the Wrong Price
Selling your house can look like a simple process, but it can come with difficult accounting tasks. For instance, you may forget to include the commission fee.
Most real estate agents require a 5% commission fee to sell your house. This is a huge chunk of your profit, and you may have to increase your selling price to pay the fee. In addition, the house may need some repairs and renovations.
2. Ignoring the Staging Process
The staging process can increase the price of your home and attract more buyers. Therefore, your house will stay longer in the market if you don’t stage it.
That’s because potential buyers won’t know how the house looks like. Home staging shows the best aspects of your house and provides visual proof of what you are advertising.
3. Failure to Take Professional Photos
You’ll extensively use photos for advertising your property online and through other channels. These photos are the first thing that potential buyers see. Poor quality photos will reduce your house’s appeal and hinder your selling efforts.
Since your desire is to present the house in the best way possible, you must arrange for professional photos. A professional photographer will take high-quality pictures and eliminate these mistakes.
4. Lacking Energy Efficiency
Nobody wants to move into a house where the energy bills are too high. As a result, an energy-efficient house will stand out and attract many buyers.
It’ll be a big mistake if you ignore the energy efficiency aspects of your house. For instance, buyers will avoid your house because it doesn’t have proper insulation. On the other hand, tankless water heaters and energy-efficient lighting can be a selling point.
5. Failure to Declutter
It’s difficult to appreciate the beauty of a house full of clutter. Buyers will be turned away by the mountains of paperwork on the table and children’s toys on the floor.
Before you invite people to view the house, you must clean every surface. Parking some items and storing them can also be a good thing.
Avoid Mistakes During the Home Sales Process
You definitely want your home sales process to happen without any issues. However, you may end up selling your house for a lower price and after a very long time. That’s why you must avoid the house selling mistakes that we have listed above.
For more practical home improvement tips, please read our other blogs.