| By
Jeanette Joy Fisher
Many home sellers list and sell their
homes in haste. Sometimes they get lucky and pick a great listing
agent to help them. Knowledgeable agents guide the home seller
through the process to a successful sale. On the other hand, some
home sellers get talked into listing their home by a high-pressure
agent or the home seller lists with well-meaning family member or
friend who plays at real estate.
To get the most from your home sale--in
profits, protection, and yes--enjoyment, avoid these mistakes that
can lose you money.
Mistake #1 - Listing your
home without making a marketing plan. Your home is most likely your
most valuable asset. Think of your property like a business
investment. "Market" your home like a business. Write out a business
plan for your home sale.
Mistake #2 - Listing your
home before you get it ready to show. Too many home sellers make a
snap decision to sell and immediately list their home before they
prepare the property for selling. Besides deep cleaning and
decluttering, you must make your home stand out so home shoppers
choose your home over competing homes for sale.
Mistake #3 - Accepting a
listing agent's market evaluation without checking your competition.
Don't accept the first agent's market evaluation without doing your
homework. Sometimes the best selling agent gets that distinction
because they list houses low. If you hear "My listings always sell
right away," that could be a warning sign that the agent under
values the selling price. Of course, under-priced houses sell right
away!
Mistake #4 - Signing a six
month listing. Most houses go up in value. If your home sits on the
market, it might need more sizzle or aggressive advertising to
generate offers. A long listing gives agents too much time and takes
the pressure off.
Mistake #5 - Letting the
agent talk you into lowering your sales price or accepting an offer
for a lot less than asking price. Just because your home didn't sell
right away doesn't automatically mean that the price is too high.
Remember, it only takes ONE buyer to fall in love with your
home.
Mistake #6 - Letting agent's
show your home without staging the setting. If you can't be home to
turn on the lights, air the home out, and make sure everything is
perfect, make sure you choose an agent willing to follow your list
of things to do prior to showing and that the agent will open the
home for showing. Just letting other agents use a lock box can cost
you lost dollars.
Mistake #7 - Selling the
home without proper legal protection. You or your listing agent must
understand all the disclose statements, contracts, and
contingencies. Some savvy real estate agents even hire another
listing agent just to protect themselves with all the complex
documents. You don't want to be a party to a lawsuit and lose money
after your home is sold.
Copyright © 2006 Jeanette J.
Fisher
Go beyond the basic home staging methods
with Design Psychology methods for a top-dollar sale. Learn how to
profile your prospective buyer and make your home "simply
irresistible" with interior design secrets. Jeanette Fisher offers
free home staging tips http://homestaging.us and
how to sell your home fast information. http://sellfast.info
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