Here are seven deadly mistakes that sellers must be careful to avoid when putting their homes on the market.

Today I’ll share the seven deadly mistakes that, unless home sellers are careful to avoid them, could completely derail or destroy a transaction:
 
1. Overpricing. As a seller, pricing is so important, even in today’s hot market. If you’re priced a little bit over the market—even just 5%—your home will sit on the market. Our current buyers can quickly tell if a home has been overpriced.
 
2. Not preparing the home for the market. If your home is prepped and staged, it will sell 88% faster and you’ll get up to 10% more for it. That’s a good reason to make sure all your spaces are clean, inviting, and decluttered.
 
3. Limiting the number of showings you permit. As a seller, it’s in your best interest to allow a buyer to see your home on short notice (which is another good reason to keep it clean).
 
4. Underestimating your selling costs. In any transaction, there’s a little give and take, but it’s important to understand that you may encounter some unexpected costs, so expect the unexpected. If you don’t have money on hand to do a quick repair that comes up on the inspection, we can always try to negotiate on your behalf.
 

"Be sure to review all your offers with an open mind." 



5. Being close-minded. Oftentimes, sellers can get upset over small details in an offer that closes them off to the possibilities of accepting it. Be sure to review all your offers with an open mind. If there’s an aspect that doesn’t work for you, we can help negotiate on your behalf, but don’t just shut down an offer over some little thing; one that could, in the grand scheme, end up being the best one you see.
 
6. Failing to understand the selling process. There are so many individuals involved in the home selling process, including Realtors, appraisers, mortgage lenders, buyers, title officers, surveyors, and more. Having a good understanding of the process (including what can go wrong in a deal) is really beneficial to you.
 
7. Choosing the wrong Realtor. You want to choose a Realtor you can work with, someone who has a fair knowledge of the market and can walk you through the property to give you tips about what’s going on. More importantly, you need someone you can trust. There are many different Realtors out there who all offer different levels of service, so make sure you’re working with someone who will work with you.
 
If you have any questions about selling your home or about the selling process generally, don’t hesitate to reach out. I’m always here to help.