There are three common mistakes that home sellers make over and over again in hopes of selling their home quickly for the most money possible.
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Buying a home? Search all homes for saleThere are three common mistakes that people make over and over again when selling their house:
- Incorrectly pricing the property: Everyone wants to get the highest price for their house, but the truth is that the more accurately you price your house, the faster it will sell for and for more money by creating more urgency. If you come out of the gates priced accurately to sell in the Southern California market, you’ll create immediate interest, potentially generating multiple offers and bidding up the price. Most sellers want to price high to leave room to negotiate, but we’ve found over the last 40 years that overpriced homes will take longer to sell and net you less money in the long run.
- Not making the home accessible and easy to show: I know it’s hard to accommodate showings when you have a family living in the house, but you want to make the house as accessible and have as much exposure as possible. We have a lot of relocation buyers in our market who might only be able to fly in for a week or a weekend, so notice is short for showings. The more accessible the home, the more exposure it will get.
- Wanting to be a secret seller: These sellers don’t want a for sale sign and they want to be hush-hush about the sale. Statistics show that this hurts your ability to sell for the most money possible. We want the most exposure possible. If your neighbors know, they’ll probably want another great neighbor to move in and they can help you find a buyer.
