4 Common Mistakes Home Sellers Make When Selling a House

To save time or money, homeowners make choices that they learn all too late were mistakes. Whether you list with a real estate agent or sell as an FSBO on your own, or sell directly, we’ve gathered the information on your behalf to help you avoid these missteps and the consequences, which can negatively impact your real estate transaction. Check out this article to discover the four most common mistakes home sellers make when selling a house.

Pricing

Setting a price for your listing isn’t a simple matter; pricing too high or too low is a costly mistake home sellers make selling their property. An error in either direction can leave your listing lingering while the bills keep rolling in. In the past, sellers set an above-market price to counter lower offers. However, because tech-savvy buyers conduct initial home searches via online listings, they just scroll by if the price is too high. While most buyers are seeking move-in-ready properties, some buyers will gladly scoop up lower-priced properties if they can get a steal of a deal. To help you make an informed decision on what is best for your circumstance when you work with a professional buyer like those at Global Abundance LLC, they will provide you with the details on how much you’ll profit from all of your selling options. 

Inspection

Failure to have a pre-inspection is one of the more common mistakes home sellers make when they’ve considered selling. Unless you’re selling a new home, it’s worth taking the time to have a pre-inspection, so you’ll know what to expect in time and expenses for any necessary repairs. Otherwise, you may find yourself weeks into a contract with your buyer trying to qualify for a mortgage from a lender, only to have the deal fall apart when the property doesn’t pass the inspection. You can leave any concerns about the inspection and making repairs behind by selling directly to a professional buyer like those at Global Abundance LLC; we buy houses as-is. 

Prepping

Often motivated by saving money, skipping steps in prepping is yet another one of the mistakes home sellers make, which only delays the home’s sale in the long run. Suppose you’re trying to sell on your own… In that case, consider a fresh coat of paint and updates to flooring and appliances, and don’t forget the importance of lighting for professional digital images and during showings. You should also arrange to have all signs of your pet easily removed from the sight of buyers and somewhere to take family members and pets during showings. Sellers should also pack away any possessions of a personal nature, such as family photos or team memorabilia. Closets and other built-in storage should be only half full to show ample space and extra items stored off-site, along with larger pieces of furniture which may make rooms appear smaller. Or, work with a professional buyer like us and skip the prepping!

Emotions

Regrettably, home sellers make a truly critical mistake allowing their emotions to rule during negotiations. While conducting business, it is best to set aside one’s feelings. However, this can be difficult, for example, when you feel insulted by an offer that comes in significantly below the asking price. On the other hand, you can feel confident knowing that you’ve priced your home right for listing when you work with a professional buyer from Global Abundance LLC, or you can accept our cash offer that you will both agree is a win-win.

Don’t make the mistakes home sellers often make when selling a property; let the pros at Global Abundance LLC help you make the best choice for your situation instead. Contact Global Abundance LLC at (800) 953-2124.

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!

Access Investment Property Deals Nationwide...

Handyman Properties - Fixer Uppers - High Equity. *These are not on the MLS - Many are below $100k.
  • This field is for validation purposes and should be left unchanged.