If you are ready to list your Lewiston or Youngstown home for sale, set yourself up for success by avoiding these 5 common selling mistakes:
1. Putting your home on the market prematurely.
Presentation is everything when it comes to selling your home. So, before you place your home on the market, address any and all needed repairs, de-clutter, depersonalize and consider staging.
2. Improper pricing.
In many cases, homeowners choose to price their home above current market value. The sales price of your home will be determined by the current market value; in other words, what buyers in Lewiston or Youngstown are willing to pay for your property. To determine the fair market value of your home, check recent comparable properties and recent sales in the surrounding area. Working with an experienced real estate agent is key to setting the right price.
3. Lack of marketing.
Once your home is listed for sale, it is important to market the property to prospective buyers. This is where using a professional real estate agent really pays off as they are experts in marketing your home through special events, open houses, and professional photographs with descriptions listed on a variety of sites help to place your property in the best possible light, in front of the widest possible audience of buyers.
4. Hiring an inexperienced agent.
Don’t place one of your largest financial assets in the hands of an inexperienced real estate agent. Choose a professional with not only general experience, but someone familiar with your type of property and neighborhood.
5. Don’t go it alone.
While it is tempting to list your property yourself to avoid the costs and fees associated with hiring an experienced real estate agent, this decision could be costly. A local agent stays abreast of the current home market conditions, trends and laws that could affect the pricing and ultimately, the sale of your property. A mistake in the sales process can be very costly and time consuming.
Armed with this information, work to proactively avoid these common mistakes when you list your property for sale. If you’re thinking of selling and would like to discuss what you could get for your home, call us today.
Lewiston, NY 716-754-2550
Niagara Falls 716-285-8221
Visit us on the web at www.greatlakesrealestate.com to view all listings.