“Why is my home not selling?”
5 MISTAKES YOU ARE MAKING WHEN TRYING TO SELL YOUR HOME
POV: You’ve spent weeks with a duster in one hand and garden clippers in the other and your local supermarket has no cardboard boxes left to give you to dump your old junk into. Gorgeous, sunlit images of your home are finally being pumped out onto the Facebook feeds of strangers far and wide. You’re sitting pretty by the phone, waiting for the offers to come rolling in and then…. they just… don’t.
Don’t let it be you.
Read on for 5 big no-no’s to remember when prepping your home for sale:
1: “HEy big spender…” 🤑
Beware of spending major money on improvements that are purely cosmetic as you’re unlikely to see a market ROI that justifies the disruption, budget overspends, and general stress of dealing with remodeling.
That’s not to say that any upgrades are a bad idea, but it is crucial to research the current market to choose the ones that will boost your price tag rather than be money down the toilet.
2: OverPricing
In a hot sellers market, it’s easy to fall into the trap of wanting to squeeze the life out of your profit margin by overpricing.
However low inventory doesn’t mean buyers are going to pay well over the odds.
By being smart with your pricing strategy, and realistic about your home’s value, you create opportunities for multiple offers and bids rather than losing out on willing and able buyers.
3: Adding a sunroom
WE MEAN IT.
DON’T DO IT!
Yes, they look lovely and yes, they are wonderful spaces to enjoy if you are planning on sticking around but the upkeep costs are likely to decrease the market value of your home so if you want to sell then this is an addition to avoid.
If you want to give your home an injection of natural light to boost your home’s appeal then there are plenty of creative ways to maximize the sun’s rays all year round.
4: jumping on the latest trends
This ‘aint TikTok and jumping feet first into all the latest design trends could seeing you going viral for all the wrong reasons. Sticking to traditional colors and styles and spending time revitalizing your outdoor spaces is the safest bet when staging your home for sale.
3: skipping the sniff test
I’m sorry – I’m just gonna say it.
Get a second opinion.
Smell is the sense which is most closely linked to memory & emotional response so a home that smells fresh & inviting will invoke all the good feels we want in potential buyers. Conversely, odors from pets/nicotine/sweaty teens linger and we tend to become inconveniently desensitized to those around us so don’t risk getting caught out.
Key Takeaway:
With the right prep, selling your home can be a positive and smooth experience, but there are some common traps that are easy to fall into. Working with an experienced Real Estate professional who can guide you through the process from start to finish and keep you up to date with all the latest market news and information is the best way to streamline your selling experience and get you on your way to better things.
Thinking about getting started?
Get in touch with us today!
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TDO PROPERTIES 