Selling your home is not an easy job. It can be frustrating to see your house sit on the market for weeks without any activity at all. If you are having a hard time selling your property, you maybe doing something wrong. Luckily, we’re here to share the common mistakes most homeowners make and how you could possibly avoid them.
Selling at the wrong time
You should take note that timing is always important. Whilst you can sell your home any time you like, there are some months where buyer demand increases. It is ideal to put your house on the market during spring, around late February to mid-May, as most buyers often look for properties after the winter, when the weather is not too cold. Listing your home at the right time gives you a better chance of selling faster and closer to your asking price.
Overpricing your property
Determining the selling price of your home can be tricky as your fair judgement can sometimes be taken over by your emotions. In order to give an accurate listing price, you have to know the home’s fair market value. Identify properties similar to yours that were sold within the last six months in your neighbourhood. Take into consideration other factors such as the location, market strength, local demand as well as the home’s condition. Make sure that you do not overprice your home as it can discourage buyers. A home that is priced correctly is more likely to get legitimate offers.
Neglecting necessary repairs
Most buyers are looking for homes that are already suitable to move in to. As such, you have a better chance of closing a deal early if you have fixed the issues of your home prior to selling. Before listing your property, check any damages or issues and hire contractors who can repair it. From leaky faucets to loose doorknobs, make sure to get everything covered. Dealing with these issues head-on can help you sell the property at a reasonable price.
Failing to depersonalise
Potential buyers like to envisage themselves living in your home. However, it will be hard for them to make a personal connection if you have lots of personal photos hanging on the wall or if you have a heavily decorated bedroom. As such, you may want to make your space look more neutral and functional. Remove things that give personal touches to your home making it more appealing to a range of buyers.
You haven’t de-cluttered
Most buyers look for houses with enough space to accommodate their belongings. To cater for this, make your property look more spacious by minimising your overall clutter. Pack up the things you won’t be needing and store them in a storage unit. Get rid of as many items as you can to let the buyers see the assets of your home and its full potential living area.
Not hiring an agent
It can be difficult to sell your home on your own, especially if you don’t have enough knowledge of the process. So to make your life easier, consider getting the help of an agent. Property agents can minimise your stress by helping you price your home, look for potential buyers and handle all the paperwork involved. There are plenty of professional agents available that can suit your style and preferences.
Avoid the hassle of selling your home by hiring a professional. Kayabee let you choose and compare from a list of qualified estate agents. If you want to get a personalised quote and estimation, simply fill up this form. For more enquiries, you may call one of our friendly advisors at +44 203 291 1907.
