Selling your home is one of the most important financial decisions you can make, and even small mistakes can dramatically affect your bottom line. Understanding these and how to avoid them will ultimately allow you to make the most amount of money from your home!
Improper preparation: Some sellers put their home on the market without properly preparing the home first. This is fine if you’re looking for a quick sale or willing to accept less than the highest value potential for your home. I take the time to coach you on how to maximize the potential value in the eyes of the buying public, and guide you through how to present your home in the best light possible. Coupled with outrageous professional photography, you are able to make the biggest splash when hitting the market. Give me a call to get your free consultation started.
Inaccurate pricing: Making the mistake of pricing your home too high is obvious, but believe it or not, some sellers are also pricing too low. There is a proven method to determine the specific point at which to price a home in order to receive maximum value. Let’s review the market conditions and establish your “Goldilocks” price.
Hiring an inexperienced realtor: All realtors are not created equal. Recently there has been a flood of newbie agents who are learning valuable lessons at your expense. When you interview a realtor, ask how long they’ve been in business and how many homes they’ve sold. I’ve been practicing real estate since 2004 and have sold hundreds and hundreds of homes and because of this, I’ve established an arsenal of strategies and tactics to save you thousands of dollars.
Accepting an offer too soon: The biggest mistake I see sellers make most often is accepting an offer too soon. An offer to purchase comes with strict timeframes and deadlines, but there are plenty of ways to buy time in order to maximize competition, and thus a better price…and of course there are right and wrong ways to accomplish this. Call me, let’s talk strategy!
Overpaying commission: Don’t let anyone tell you there’s a “standard commission” to sell your home. Real estate commissions have always been and will always be negotiable. I offer flexible and creative commission structures to save you money, and even offer considerations for Military Vets & Senior Citizens!
Call me, text me, email me, and let’s talk about your home. I’m not a slick or pushy salesman, just a nice guy who knows a thing or two about selling real estate in Southeast Wisconsin!
Ben Mullikin, Broker/Owner of M3 Realty
414.305.5863 | ben@m3realty.com
Wonderful tips for home buyers to avoid mistakes and make the right choice. You have explained so well. Very informative. Keep sharing such top notch content
I really like that you touched on the standard commission that realtors will sometimes ask for and how you should really avoid something like that. A lot of times there are fees that you don’t really know that you are paying for when purchasing a home. My spouse and I want to get a new home this year so we need to find a trustworthy realtor to work with.
Indeed suggestions are very good and also the comments are very helpful.
I just came across your blog post and must say you have done a fantastic job with this. Thanks for sharing I admire your blog. Keep the content coming
My uncle plans to sell his home so he’d have enough money to live overseas. Your advice on how he should hire an experienced realtor that has sold several houses is a great idea. I’ll recommend that he reach out to a realtor before doing anything else.
Great Article! Selling a home is equally complicated as buying a home. In order to sell home fast we should always consider to these major mistakes that we often do. One of the other mistake is when we didn’t want to leave your home for showings. The purchasers will not trust us if we do not allow our home to be shown.
Unfortunately, I’ve made these exact mistakes when selling a house. However, the good thing is that now, I know to avoid all this. Better late than never.