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Damian Gerard Realty Group13615 Mason Meadows
St. Louis, MO 63131
Top 10 Sins of Selling
Top 10 Sins of Selling
1. Not hiring a professional.
Trying to sell your house by yourself is a very good way to sell if for far less. You are vulnerable to be taken advantage of, and because you lack the expertise and links to marketing you will lose far more than the amount of a commission.
2. Neglecting necessary repairs prior to sale.
If it is broken fix it! Get your house in tip top condition PRIOR to listing it for sale. Poor or no repairs are going to cost you offers and dollars.
3. Refusing to remove clutter and junk prior to sale.
Once your house is on the market, it should be free of all clutter and junk. They take up space and reduce your asking price.
4. Selling your house empty.
Empty homes do not inspire buyers. The rooms look smaller, colder and all the minor imperfections in the walls and flooring are twice as noticeable.
5. Mispricing your home.
Only an experienced Realtor can guide you to price your home accurately. It used to be that you could price it at your ‘wish price’ and if it didn’t sell right away, you would grudgingly reduce it a little. We are in a Buyer’s Market today, and buyers are fickle, demanding and powerful. If you do not price your home correctly, it will still be sitting there in another year’s time. It will be considered a stale property, and buyers will wonder what is wrong with it.
6. Not setting the ‘stage’ for showings.
You only get one chance to WOW the buyer.
7. Letting your ego get in the way when negotiating.
This is a great way to lose a deal!
8. Neglecting to be fully honest when completing Disclosures.
Whatever you think you can get away with by not disclosing fully will leave you open to expensive repairs to try to keep the sale, lawsuits if it is after the sale, and the chance of losing the sale altogether.
9. Timing the sale for maximum Tax Benefits.
Days can cost you dollars. Get the facts from your Realtor and tax advisor.
1o. Failing to review the Closing Statement.
Your title company will send you a copy of your final Statement (HUD) usually the day prior to closing. Review it thoroughly and be aware of what you are paying for.