The thought of moving and selling your home is stressful, and it can be a very complicated process. There are a lot of things to take into consideration as well, from the timing of buying/selling to the finance and the transactions, and all the different players in mind. It’s easy to make a mistake.
Common Home Selling Mistakes
- Over or underpricing your home. Either way, you’ll lose money. When you are setting a sale price, it’s important to be realistic. If you overprice your home, it will sit on the market longer with no offers. The longer a home is on the market will make your potential buyers wonder if anything is wrong with it. If you underprice your home will make your home sell fast, but then you aren’t getting as much money as you could be.
- Minor repairs or updates left undone. When selling a home, you’d be surprised the difference in the cost of a new paint job, new carpet, or new updated fixtures vs. leaving all of those small details left undone. When these are done the perceived value of your home increases by more than the cost it was to upgrade.
- Investing in staging or photos. Remember, when selling your home you want your potential buyers to picture themselves in your home. It’s important to create the image of a blank slate but also look appealing and highlight the best parts of your space.
- The timing of the sell. This plays a huge role in the sale of a home, especially in a market like New England. Ideally, your home will sell at the same time you buy your new home and it will all work out perfectly. While in reality, this may not be the case and you may have to look at the timing aspect will more detail.
- Any disclosures. Ignorance is never bliss in the home buying section. Current homeowners may try and glaze over any problems that the home may have, with the hope that the buyer won’t notice.
If you are buying a home, don’t make these mistakes. The best way to save yourself time and money is to hire a professional and trustworthy home inspector. MGA home inspections pride themselves on their level of perfection to make every home buying process easy and leaving their customers with peace of mind after their home inspection. Let us know how we can help you today! For more information or to book an appointment you can contact us directly on our website or call/text us on 1 (978) 973 – 9783. Don’t buy a home with any surprises!