Chris Carr Test Seller Mistakes to Avoid

Chris Carr Test Seller Mistakes to Avoid

The real estate market conditions in Denver are currently leaning heavily in favor of sellers, so if you are planning to sell your home soon, it will probably sell itself, right? Well, not necessarily. Even in a hot seller’s market like Denver’s, it’s still possible to sabotage your own sale if you make some of these mistakes:

1. Pricing your home incorrectly

 

A lot of first time home sellers make the mistake of pricing their homes too high, not wanting to miss out on a possible big payday and thinking they can always reduce the price later on if there aren’t any takers. The problem with this mindset is that buyers know that sellers in hot real estate markets don’t negotiate much, since they tend to get multiple offers and can afford to choose. If you overprice your home, most buyers who find it beyond their budget will most likely move on instead of making an offer or trying to negotiate, thinking they would just be wasting time. Your home may take longer to sell, and you may end up having to reduce the price anyway.

It’s best to price your home correctly and work closely with an experienced and knowledgeable real estate agent who can provide a comparative market analysis and factor in other aspects to help you determine the right price for your home. You can get an estimate of your homes value by visiting http://www.homevaluerps.com/

2. Neglecting your home’s exteriors

 

We’ve all been told not to judge a book by its cover, but when it comes to real estate, many, if not most potential home buyers do exactly that. They will often immediately decide whether your home is worth taking a look inside or not based on its outside appearance alone. First impressions count for a lot when it comes to selling your home, so you want to make sure your home’s exterior is at its best. You don’t have to do any major renovations or upgrades if you can’t afford to, but you do need to at least make sure your lawn is neat, clean and well-maintained, and that the grass is mowed and green. Cluttered driveways, weeds, wilting plants, peeling paint and rusty hardware are all things you can take care of relatively quickly and without breaking the bank.  

3. Failing to properly stage your home

Staging your home for sale can make a world of difference when showing it to buyers. Time and time again, studies and surveys have consistently shown that homes that are properly staged sell faster and for more money than homes that are not. Again, you don’t need to spend a lot to make sure your home is staged well. The most important things to do are to make sure your home’s best features are highlighted and offer plenty of visual cues to help your prospective home buyers visual your house as THEIR future home.‚Äč