sell after three months on the market, youmight decide to lower the price. That’s okay in a stable or increasing market, but if the market in your area is declining, you could be forced to reduce the price even more to catch up to the falling market. Price competitively from the start. Don’t hesitate to reevaluate your local market. Work with your real estate agent to determine the fair market value of your home. NOT OBTAINING REPAIR ESTIMATES Whether you plan to repair any faults in the house before listing or leave undone, obtain estimates for necessary or desirable repairs, and get them from more than one source. This will give you leverage in negotiations since you know exactly how much the repairs will cost. SHUTTING OFF UTILITIES Keeping utility services on will prevent weather damage. Additionally, a house without lights is difficult to show and gives buyers the impression that the house needs more repairs than it really does. Keeping utilities on will make it more comfortable for anyone seeing the house. VIEWING HOME STAGING AS AN EXPENSE RATHER THAN AN INVESTMENT What you spend on staging your home can actually boost the sale in terms of time on the market and price received. It can help you make more money. A typical home-staging expenditure might range from 1-3% of the listing price of a home. On the other hand, it may result in selling the house for 5-10% more. Don’t underestimate the miraculous impact that staging can create.
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