Southfield Home Sellers Must Avoid THESE When Selling Your Home
July 9, 2018
Southfield home sellers want to make as much money as they can off of their property. But sometimes real estate logic gets mixed up with the desire to make a profit. There are certain mistakes that a number of Southfield home sellers make with the intention of saving a quick dollar that end up costing them thousands in the final sale price.
Southfield home sellers can avoid making these mistakes and ensure that you are getting as much as possible for your home by avoiding the following mistakes.
Selling your home as is
While this sounds great – avoiding the hassle and expense of sinking in the extra money to make any repairs – Southfield home sellers are potentially costing yourself tens of thousands of extra profit that you could have made had the buyer seen these issues in good condition. It’s also likely that any major repairs such as roof damage or air conditioning issues will have to be fixed before the home inspection is approved anyway. So if you are looking to sell your Southfield home for top dollar, you may as well make the repairs at your convenience rather than in a last-minute rush.
But sometimes, Southfield home sellers need to sell their home ASAP. And this can mean that you don’t have the time or money to make repairs or updates. The good news is we can help. We buy Southfield homes as is for cash. So if you are need in a quick sale, contact our team today to see how we can help.
Refusing to negotiate with a potential buyer
For whatever reason, maybe you have decided that the price you listed is the price you want and you refuse to accept any lower offers. These are the Southfield homes that tend to sit on the market for a long time, just waiting for the perfect buyer that may or may not ever come. Your willingness to negotiate as Southfield home sellers – even in the slightest – can result in a deal that satisfies both parties.
Not making a full disclosure
Every little fact will likely come up by the time the closing is ready to happen. For this reason, Southfield home sellers should be sure that any liens against the house, disrepair issues, etc. are all disclosed. Failing to do so can result in a last- minute fall-out.
Overpricing or underpricing
Listing your Southfield home wrong can enter it into a marketing category where it doesn’t belong. When this happens, you are competing with houses that are not comparable. To avoid this, take the time to research the Southfield market in order to understand where you home stacks up.
Forgetting to plan for extra expenses
Expenses can quickly add up. Which means some Southfield home sellers are left unprepared. To avoid this situation ask for a list of closing costs, fees and other expenses prior to closing so that you can consider these in your budget.
Not taking care of appearances
While too much clutter is a definite buyer turn-off (this approach does not allow them to see the true potential of your home), selling a house empty does not appeal to the emotional side of the sale. Buyers want to picture living in your home with their family, and an empty house is not conducive to that.