For most people, their home is their largest asset, so they want to maximize that asset by getting top dollar when they sell. Here are a few reasons you might not get top dollar when you sell – and how to avoid them!
Selling At The Wrong Time
From early spring to late summer is home-buying season for most
people, especially those with children. Putting your house on the market
during this period is when you are likely to get top dollar for it.
Early fall is also a good time to list your home. Winter – especially
December – is the worst time to list. If you list your home outside of
prime selling season, you are likely to get less for it than you could
Not Staging Your Home Properly
Many people think of staging as simply rearranging the furniture or
changing curtains, but there is so much more to it, and not doing it
properly can mean less money for your home. To stage your home properly,
you must declutter, putting knick-knacks and family pictures away. You
also want to make sure your home is as clean as possible and that you
correct any defects such as holes in the wall or cracked window panes.
Another thing you should do as part of your staging routine is to paint
your walls in neutral colors and update cabinet hardware and light
fixtures that are out of date. These little changes can make a big
Not Paying Attention To Curb Appeal
You can spend all the time and money necessary to spruce up the
inside of your home, but if your lawn is a patch of dirt and your
gutters are falling down, all that work and money can go for naught. To
get top dollar for your home, you need to improve your curb appeal. This
includes seeding or sodding bare spots in your lawn, trimming trees and
shrubbery and fixing up home-related items such as broken concrete and
Not Getting The Price Right
You might think that to get the highest price out of your house, you
have to price it high. However, that’s not necessarily always the case.
If you price your house too high, it can make other similar houses that
are priced lower look like better deals. You should make sure to pay
close attention to what comparable homes are selling for in the area and
price your home accordingly.
Not Working With A Real Estate Agent
Many people think they can save a bundle selling their home by not
working with a real estate agent. While you do save on the real estate
commission, you can lose more than that amount by making mistakes in
pricing and marketing. A real estate agent will have access to resources
you don’t, such as information on buyers looking in your neighborhood.
An agent will market your home, make sure it is priced accordingly and
set up showings. It is worth your time and money to call an agent
experienced in selling homes in your neighborhood who can give you a