Thursday 3 July 2014

Home selling mistakes and what to do



Home selling mistakes


Selling a home isn’t as simple as planting a sign in the ground any more. It involves preparation, timing and strategic advice. If you don’t do all of the above, do not be surprised when your home does not sell while others in the area are doing so.

Here are some of the common mistakes people make when putting their home up for sale:

1. Good photos matter             
More and more, buyers are being introduced to properties online. Pictures and videos matter. Before you take any picture, make sure your home has been properly de-cluttered, inside and out, and consider staging tips that will make the rooms appear larger. 

2. An MLS listing isn’t enough
In addition to the MLS, your home needs to be marketed on social media and should be directly advertised to other real estate agents, here and abroad, who are more likely to bring a buyer to your home. Foreign investors want Canadian real estate, as they view it as a safe investment. You need to reach every potential buyer.

3. The price isn’t right
A home is likely to attract the most interest within the first two weeks it is listed for sale. If the home is overpriced, buyers will move on. Be realistic when you set a sale price. Check out the competition and see what recent sales have been in the area. Remember, the longer a house sits on the market, the more likely that people will start asking whether something is wrong with it.

4. Buyers can’t get in to have a look
You never know when a potential buyer will want to see it. It might be late in the evening or at other times that are not convenient for you. If you say no, the buyer will typically just move on to the next home for sale, where the owner is more accommodating.

5. Your timing is wrong
Most buyers like to close before the beginning of the school year, to avoid too much disruption. Since closing usually happens 60 days after the offer is signed, you want to try to time your sale to happen between April and June. People generally go on vacation in the summer. So good and a realistic asking price are among the factors that will ensure your house sells in a timely fashion.

6. The house has a stigma
Sometimes two homes look similar, but one backs on to a ravine and the other to a hydro line. Make sure your agent asks for feedback from people who have seen your home but have decided not to put in an offer. If there is something outside the home that is bothering buyers, either figure out how to address it or adjust your price. If your neighbours know about prior problems with your home, be upfront and tell buyers in advance. They are going to ask the neighbours anyway, as part of their due diligence.

7. You have the wrong agent
As you think about selling your property, you may realize that you face many choices. There are many different companies, hundreds of salespeople and different commission rates. When you interview agents, it should never be about choosing the one with the cheapest price. Whether you are selling your first property or if you have previous experience, you should set high standards when selecting the person who will represent you. 

As a full time salesperson, I work hard every day to serve my clients needs and provide my sellers with insights into pricing, marketing and negotiations that are invaluable. By offering consumers a choice of commission plans and a complete range of services, I provide my clients with high quality services at a fair price. If you are thinking about selling your property, contact me for a free consultation. I can provide you with exceptional services and market your home, condo or commercial building to its fullest potential.

I offer you:

Unique Online Marketing System:  information accessible 24-hours a day, responds immediately and directly to each and every prospective buyer. Prospective buyers can access my site 24 hours a day and view your property listing! Your listing will be sent by e-mail to every prospective buyer in my database, where your home meets their criteria. Plus it will be e-mailed automatically to future prospective buyers as well.

Traditional Marketing: As soon as you list your home with me, I will enter your home in the Multiple Listing Service (MLS) database. Other agents can immediately access your property information by computer. Plus, your property will be included in the Re/Max Rouge River Realty magazine 'Inventory of Homes'.

Pricing Your Home: I will help you price your home competitively to attract qualified buyers. A Comparative Market Analysis (CMA) report will show you a range of prices being paid for homes in your area. You can complete my online form to get a feel for your home's market value.

Remember, I will be working for you every step of the way to make sure that you get the highest possible price for your home in the shortest period of time. Contact me today!

Randy Miller
Sales Representative
Re/Max Rouge River Realty Ltd., Brokerage
905-668-1800 or 905-427-1400
randy@randymiller.ca
http://whitbybrooklinhomes.com

Whitby Brooklin Real Estate


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