Whether property values are rising in your town or you just want to expand your family in a different place, selling your house could be a vital part in reaching your overall goal. However, if this is the first piece of property you're selling, it's natural that you may not know all the ins and outs of the process. You could even be making some of the following mistakes that could delay a sale.
Pricing Too High
One reason you may be eager to sell the house you live in is because you've been noticing in the paper that other houses in the neighborhood are selling for really high prices and you think you can command the same. This can be even more true when you've made upgrades or think that your house is better than others nearby.
The truth, however, is that it can be difficult to set a price without having adequate knowledge of the market and specific information about the properties that have sold near your house. You may not have that particular information. For instance, you may think that the two bedroom house around the corner sold for an exorbitant amount, but what you may not realize is that it has a fully furnished basement that has another bedroom in it, boosting its value. You might think that the overall market is getting better but it's getting worse. You may not realize that recent sales have been sitting on the market for years.
That's why it's vital to enlist the help of professional realtors and to take their advice when setting a price. If not, your house could sit unsold for a long time.
Not Getting Serious about Open House Events
It's easy to think that there's no reason to do much to prepare for an Open House: surely people know that you live there and expect to see your belongings. This is true, but only to a point. Anyone walking into your house would like to picture their own family there. Visualizations can be difficult if they are turned off by your garish wall colors or strange home collections. While you needn't empty out your house completely in order to impress those coming over for Open House events, it's a good idea to talk with your realtor about what should be changed in order to better attract serious buyers.
If you're making some of the mistakes here and want to avoid others, it's smart to ask more questions of the local realtors you're working with. Not only do they have expert knowledge of the area that can make a sale easier, but they can also help you do everything to make a quicker sale more likely.