money in the long run.
Un-rushed High Pricing
Even if you’re not in a hurry to sell, it’s not a wise move to test the market by listing your home at a high price to “see how it goes.” Serious home shoppers may take months to find a new home. They are continually looking for new listings — not ones that have been languishing on the market. Thinking that the market will turn in your favor may not be reliable, either. If prices in your area are dropping, you may lose money. By pricing your home based on current market values, you can sell your home more quickly and for more money.
Price Dropping
Another pricing trap to avoid is listing your home far above other homes in the area, with the intention of dropping the price if it does not sell after a certain amount of time. That could potentially work out but usually is not the case. Most of the time the home stays on the market leading buyers to assume that something is wrong with the property. You may be forced to reduce the price deeply to gain the appropriate interest. Price competitively from the beginning. Do not hesitate to reevaluate your local market. Work with your real estate agent to determine the fair market value of your home.
OTHER SELLERS’ MISTAKES
Zillow has compiled a list of “Don’ts” to help people avoid the pitfalls of an otherwise successful sale.
Selling Before Getting Qualified Yourself
Entering a contract to sell your home before you get qualified to
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