CHAPTER 9 Common Seller Mistakes
Selling a home can be a complex and stressful process, and it's easy to make mistakes that could cost you time and money. In this chapter, we'll discuss some of the most common seller mistakes and how to avoid them.
Pricing Mistakes
Pricing your home correctly is one of the most important steps in the selling process. If you price your home too high, it will sit on the market for longer and may not sell for as much as you could get. On the other hand, if you price your home too low, you could leave thousands of dollars on the table. Here are some common pricing mistakes to avoid • Guessing vs. Researching: Don't base your asking price on what the neighbor down the street listed his home for. The best way to price your home is to get a Comparative Market Analysis (CMA) from a real estate agent. • Hiring a Realtor from Highest-Price Suggestion: Don't choose a real estate agent simply because they suggested a higher price for your home than other agents. A good Realtor will know more about the market for your home than you do, and they will be able to price your home competitively. • Subjective Pricing: Avoid emotional attachments and
pricing your home based on personal memories or sentimental value. Rely on objective data and market
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