5 Mistakes to Avoid When Selling A Home

Selling a home in Kansas City can be an overwhelming and time-consuming process, especially if it’s your first time. You may at times feel like your privacy is compromised when strangers start visiting your home and inspecting every room. Some may criticize the place you have called home for many years. Others may even offer less than what your home is worth.

Below are 5 common mistakes that homeowners make when selling a house, and how to avoid them?

1.    Getting emotional

Selling a house can be an emotional experience for many Kansas City homeowners. You likely spent a lot of time looking for the right house, then spent time, energy and money making it into a home. It’s obviously difficult to hear strangers criticize the place you associate with so many positive memories.

But when selling your home to cash home buyers Kansas City and beyond, consider yourself as a businessman instead of a homeowner. Try to look at the transaction from a financial perspective. This way, you can soften the emotional aspect that comes with selling a home.

2.    To hire or not to hire a real estate agent

It is true that real estate agents take a huge commission of about 6% of the property selling price. But still, it is advised against trying to sell the home on your own, especially if you have never sold a home in the past.

The work of real estate agents is to represent the homeowner in the transaction.  Their job is to increase the chances of a quick sale. A real estate agent can also reduce emotional stress by contacting cash home buyers Kansas City residents recommend on your behalf.

3.    Setting an unrealistic price

When we buy houses, Kansas City residents tend to look closely at the price and compare it to other houses on the market. This is why it is very important to come up with the right asking price. At times, you might think that your home is worth more based on the features it has. But it is still important to compare the prices of other homes in the area.

Overpricing a home could scare away potential buyers while under pricing could leave you dissatisfied with the transaction and eliminate any buyers who want to make an even lower offer.

4.    Skimping on listing photos

When we buy houses, Kansas City residents check online for available listings. Quality photos are a buyer’s first impression of your property and can increase traffic to your open houses and increase the amount of offers you get.

5.    Hiding major problems

Hiding major problems will only lead to disappointment when the issue is discovered during a home inspection.If there is a problem in the home that requires fixing, there are three things you can do:

  • Fix the issue before putting the house on the market
  • Price the home below the market value and sell as-is
  • List the home at a normal price and offer the buyer a credit to fix the issue

Source: We buy houses Kansas City.