Mistakes That Sellers Make (and how to fix them…)

If you’re thinking of putting your home on the market, there are several common seller pitfalls that you need to steer clear of. The first is pricing your home too high. No matter what you think your house is worth, you need to remember that you are emotionally attached to it in a way that a buyer won’t be. There are many ways to research home values, but remember your home is only worth what a buyer is willing to pay.

If you’re thinking of putting your home on the market, there are several common seller pitfalls that you need to steer clear of.  The first is pricing your home too high.  No matter what you think your house is worth, you need to remember that you are emotionally attached to it in a way that a buyer won’t be.  There are many ways to research home values, but remember your home is only worth what a buyer is willing to pay.  Many homes sit on the market for months, if not longer, because the sellers are holding out for the price they want rather than the one they are likely to get.  Second, avoid doing major renovation before selling.  Most renovation projects don’t bring any return on investment.  Small changes like a fresh coat of paint, updating cabinet and drawer hardware, updating light fixtures, and cleaning up your home’s curb appeal are more likely to make a big impact than a brand new kitchen or bathroom.  Lastly, many sellers hold off and wait until spring to list their homes for sale, but just because spring is historically the busiest time for real estate doesn’t mean that your home won’t sell if you list it at another time.  If you need to sell your home, do so, just be sure to showcase whatever features are most applicable to the given season.  For example, highlight your central air in the summer and your wood burning fireplace in the winter!  Of course, having the right team on your side can help your home sell even faster.  That’s why we’re here!  Give us a call at Cooper Realty Associates today and put us to work for you – 302-644-2266.

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