Are you considering selling your Hawaii home? If this is your first time going through the selling process, you may be wondering just how things are going to go. Selling a home is usually a smooth process – there are thousands sold each day – but issues can arise if you're not careful. Let's explore four commonly made mistakes by first-time home sellers and how you can avoid them.
Trying To Sell Without Experienced Real Estate Agent Representation
A first-time seller's most significant mistake is going it alone. Selling a house can be an expensive and complicated task, which calls for licensed and experienced professionals who know what they're doing. Investing in such agents will give you the upper hand when selling your property!
Next, you'll want to always remember the selling process is just a business transaction. None of it is personal. Sometimes homeowners can become emotionally attached to their homes, which is certainly understandable. It's a place where many great things have happened. Kids have grown up in the house, it could be a couple's first home, etc. But once the decision is made to sell, it is a good idea to leave sentimentality behind.
Pricing Your Home Unrealistically
Asking too much – or too little! - for your home is a common mistake made by first-time home sellers. It's critical to understand that the local real estate market has an influence on how high of prices you should be aiming in order to sell quickly or sell for a nice profit. The recent listings of sales around similar properties will set ranges which buyers take into consideration before deciding what they'll offer, so it’s important not only watch those but ask professionals about them as well
Selling Your Home At The Wrong Time
If you want to sell your home, it's critical that the right environment is selected for listing. The local real estate market changes constantly and there are too many factors outside of one person's control when making this decision such as other listings in a similar area or interest rates at time of purchase; these things can influence how quickly buyers will come looking so make to know what the conditions are before deciding!
Selling your first home can be a daunting experience, but with the right frame of mind and professional representation, it will go smoothly. To learn more about the home selling process or to list your home for sale, contact us today. I'm happy to assist.
Photo by Zac Gudakov on Unsplash