Common Mistakes Realtor Companies See Sellers Make

Selling a home can be tough, and realtor companies see home sellers make all sorts of mistakes. From pricing a home incorrectly to rushing through the process, it’s easy to take a misstep that can cost thousands. Learn more about these simple mistakes (and how to avoid them) here.

5 Common Seller Mistakes Reported by Realtor Companies

1. Tackling the process alone

Selling a home is difficult, and it’s helpful to have the expertise of a qualified real estate agent on your side. In addition to ensuring you fetch a fair home price and streamlining communications with buyers, hiring a real estate agent also helps you avoid simple mistakes that can complicate the sale and make it more difficult to navigate the process effectively.

2. Pricing the home incorrectly

It’s just as dangerous to overprice a home as it is to underprice it, and property owners who fall into this trap are just leaving money on the table. Unfortunately, this is a very common mistake. Unless you hire a real estate agent or have a solid, working knowledge of what the housing market looks like around you, it’s difficult to get an accurate estimate of what your home is worth and what a fair asking price might be.

3. Refusing to complete needed repairs

Many homeowners believe that as soon as they list their home on the market, they’re done with it. Unfortunately, this isn’t always the case. It’s not uncommon for buyers to ask a seller to complete repairs or make improvements to the home before the deal is closed, and sellers who won’t do this are only complicating the process.

4. Forgetting to stage a home

Staging a vacant home makes it feel warmer and more approachable instantly, both of which can help contribute to a quick sale and a high purchase price. Think about it for a moment: would you want to move into a vacant house that felt cold and un-lived-in?

5. Failing to disclose a home’s imperfections

In addition to being disrespectful to buyers, failing to disclose a home’s imperfections is a good way to get sued down the road. With this in mind, always disclose everything you know about the home, even if it’s less than perfect.

Avoid These Simple Mistakes

Realtor companies have seen it all, and these simple mistakes can cost thousands. Streamline your home sale right away by avoiding them both now and in the future.