Placing the Wrong Price on your Property - The best way to price is NOT to list your property at an excessively high price.A high listing price will cause some prospective buyers to lose interest before even seeing your property or it may lead buyers to expect more than what you have to offer.As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.
Mistaking Re-Financing Appraisals for the Market Value - Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing.The market value of your home could actually be lower so ask your realtor for the most recent information regarding property sales in your community.They will give you an up-to-date and accurate estimate of your property value.
Failing to "Showcase" - When attempting to sell your home to prospective buyers, do not forget to make your home look as pleasant as possible.Make necessary repairs, clean and make sure everything functions and looks presentable.A poorly kept home in need of repairs will surely lower the selling price of your property and will even turn away some buyers.
Trying to "Hard Sell" While Showing - You should allow prospective buyers to comfortably examine your property as buying a house is always an emotional and difficult decision.Don't try haggling or forcefully selling.Instead be friendly and hospitable, pointing out any subtle amenities and be receptive to questions.
Trying to Sell to Lookers - A Prospective buyer who shows interest because of a "for sale" sign he saw may not really be interested in your property.Often buyers who do not come through a realtor are a good 6-9 months away from buying, may still have to sell their house or can't afford a house yet.Your realtor should be able to distinguish realistic potential buyers.
