The 7 Most Common Mistakes Made When Selling a House Quickly
If you’ve decided to put your house on the market, it’s easy to feel anxious and impatient. You’re after selling your house fast and you want to know how long it takes to sell a home. You look at others and wonder how they could sell their home so effortlessly. A lot has changed in recent years and the way people are selling their property in 2017 has certainly changed.
But the housing market is challenging. Everyone wants a fast house sale. However, this often results in costly mistakes that many inexperienced home sellers make. Read on to find out why you should learn about the most common mistakes associated with selling your house fast.
1. Skip The Marketing
Your house doesn’t sell by itself. If you only put a “For Sale” sign in front of your front porch, chances are you’ll not likely to find a good buyer. When it comes to listing your home, there are no shortcuts. You have to try marketing different options to get your house out there.
Take advantage of the Internet. Invest in a good camera or photography service to snap the details of your home. If you have a realtor, make sure to give them a good few months of lead time. This way they can do their due diligence and help you better prepare for the process.
2. Going It Alone
Many first-time sellers make this costly mistake. Unless you know exactly what you’re doing or have bought and sold many houses successfully, it’s a bad idea to sell your home on your own. Let a professional take care of the work. Selling a house is a huge decision. You’re putting a lot of money at stake when going it alone.
You might think that not hiring a realtor will save you money. However, think about the negation process, laws and documents, market knowledge, and experience. Unless you’re an experienced in the ins and outs of the housing market, seek professional help.
3. Getting Too Emotionally Involved
Yes, it’s your home. There are a lot of memories attached to it. We understand the sentimental value you have for your home.
That said, never let your emotions cloud your judgement. Remember, you want to be selling your house fast! Your feelings are not the criteria for how much your home is worth. Rather, the market dictates its price. Listen to the market.
4. DIY Renovations
A home with things that need immediate repair won’t charm a buyer. As a result, it makes sense to fix what’s broken before you put your house on the market. The problem is that many homeowners decide to do the renovations by themselves.
We get it that you want a fast house sale and to save some costs. But Home DIY is tricky. When it’s good, it’s real good. But when it goes wrong, it can ruin your property value. Plus, home renovation is time-consuming. You might end up having more work than you bargained for.
5. Setting An Unrealistic Price
Figuring the right price for your house is one of the most important things for selling your house fast. When you don’t invest a good amount of time and effort in researching, it’s easy to come up with an unrealistic price.
Your home value should reflect what the market wants. The UK housing market is seasonal and fluctuates from time to time. While overpriced houses don’t attract potential buyers, under-priced ones aren’t good for sellers, either. This is why it’s so critical to stay connected with the market.
6. Hiring An Under-Qualified Realtor
There is a huge pool of real estate agents out there. When you rush the process, it’s easy to land on an agent that is not qualified for the job. Again, finding a good realtor takes time and research. Tap into your own network for potential contacts.
Visit a few real estate agents before you decide to settle with one. In addition, have a quality backup realtor available if needed. The right agent will make the whole process easier for you. They can come up with a form of communication that most fits you. They keep you on top of everything. They have good connections with other professionals in the area. And of course, they have a well of experience and knowledge about the field.
7. Not Preparing Your Home for Sale
Beside DIY renovation, another serious mistake that home sellers tend to make is not thoroughly preparing their home for the sale. A buyer can tell from pictures of the state of your home. How can you make a good first impression if you don’t clean your home? Or de-clutter your home?
Have your agent walk through the house to assess any areas that need work. Sometimes fixing a broken door knob or putting a new coat of paint is all it takes to keep a buyer’s interest. But don’t do this only for the pictures. Make sure every room in your house is actually clean. Get rid of any bad odours. Shampoo your carpets. You could even hire a professional cleaning service if needed.
The Bottom Line
Selling a home is a complex process. It requires time and thorough research. If you desire a fast house sale, it’s important to be aware of those costly mistakes. When you skip things, you stand a higher chance of missing out on a good deal. Be prepared and be patient.
Looking for an easy way of selling your house fast in the UK? You’ve come to the right place. Regardless of your situation, we can help put you in touch with trusted cash buyers. For more information on how we can be of assistance, contact us today and we’ll be in touch.