Sell Your Home Fast!: 6 Mistakes That Could Slow Down the Process
Did you know that the average listing time for a home is 46 to 55 days? Even in a hot market, it can be nerve-wracking to sell your home if there’s no guarantee that it will be sold fast. Even worse, there are frequent mistakes that sellers mistake that can even sabotage their attempts at getting their home sold for the right price.
From not doing enough research to leaving your home dirty and cluttered, there are a variety of ways that home sellers are getting in the way of their own success when listing.
With this in mind, we’re here to help. Read on to learn the top six mistakes to avoid in order to sell your home fast!
1. Setting the Wrong Price
When it comes to tips for selling your home fast in Nashville, this is our top one because it makes a huge impact on how long it will take to get your home sold. If you don’t do any research and set an unrealistic price, most buyers and agents will be turned off immediately and won’t even give it a chance.
Instead, do your research on how many homes are selling for that are a comparable size as yours. They should also have similar features and be located within the same area. These comparable sales are known as “comps,” and real estate agents are efficient at doing this research.
2. Not Prepping Your Home
Homeowners that want to sell their home fast also make the mistake of underestimating how important home prep is. Keep in mind that buyers will be browsing Zillow, Redfin, the MLS, and similar sites in order to see which house is worth touring.
If you leave your home cluttered, dirty and use amateur photos, fewer people will be interested in your home overall. Even worse, the appearance of your home may devalue it, meaning that buyers may make offers that are low compared to the actual value of the home.
Instead, take some time to reduce clutter, store unwanted furniture, and have it professionally cleaned. You’ll also want to hire a professional photographer in order to present your home in its best light.
Don’t forget to spruce up the exterior a little by getting the lawn cut, the driveway power washed, and new flowers planted. This can greatly enhance the curb appeal of your home.
3. Not Embracing Inconveniences
Selling your home for the first time is one of the most stressful experiences you can go through. It can also be inconvenient because buyers may want to view your home at a time that’s not the greatest for you.
However, if you’re determined to sell your home as fast as possible, you need to embrace these inconveniences. Enlist friends and family to help show the house when you’re at work. Remember to tidy up before each showing.
With the goal in mind, this will make these disturbances in your daily life worth it.
4. Hiding Major Repairs
If your home needs a lot of repairs, but you still want to sell it fast, you may be tempted to hide them for the buyer to deal with later. Not only is this unethical, but these repairs will likely come up when the buyer gets an independent home inspection.
If major damage comes up during the inspection, this can delay your closing date or even end the deal. For this reason, make sure you’re transparent about all of the repairs needed to your home. If you can’t make those repairs, this will impact how much you can sell the house for.
However, investors and homebuyers will be purchasing your home with all the information they need, and the closing date won’t be delayed.
5. Taking Things Personally
Even if you want to sell the home fast, if you’ve lived in the property for years, it’s natural to be attached to it. For this reason, it can be stressful if you start taking people’s critiques of your home personally and even offers that are lower than you expected.
If you’ve done research on similar homes in the area, you should be well aware of what your home needs to sell for. Remember that at the end of the day, selling your home is a business transaction. If you don’t agree with the price they’re offering, you still have the option of negotiating.
6. Forgetting About Lighting
Even if you’ve cleaned, staged, and professionally photographed your home, one thing that you can forget about is lighting. Before every showing, make sure that most of the lights are on and curtains are opened.
Not only does ample light make your home appear more welcoming, but buyers will also have a better idea of what the space looks like and how to work with it. Dark rooms will appear smaller than they actually are.
Sell Your Home Fast: Avoid These Mistakes
From hiding major repairs to not cleaning and staging your home properly, there’s a lot that homeowners can do to sabotage their own success with these home selling mistakes. If you want to sell your home fast, you still need to put in some work in order to present it in its best light.
More importantly, you need to do research on other homes in the area in order to arrive at a reasonable price. A price that’s too high will be sitting on the MLS for too long, making buyers believe that something is wrong with it. On the other hand, a price that’s too low will be selling yourself short.
Finished reading home selling tips and are ready to pull the trigger to sell your home fast? Get a cash offer for your home today!