- Overpricing - Home sellers are often tempted to price their home way above market value but this tactic usually backfires. The longer your home sits on the market, the more of a stigma it'll develop forcing you to repeatedly drop the price.
- Hanging Around - Owners should always leave before a showing so buyers can browse without distractions. You want buyers to make themselves at home and spread out on your couch so they can envision themselves living there.
- Restricted Access - It’s easy for buyers to skip your home if it's not easily accessible. It may also be impossible to get into the home if another agent has the key. Your agent's goal is to show your home to as many people as possible so make sure you use a lockbox.
- A No Show - Staging your home is critical. You may love the statement your pink bathroom makes but odds are it’ll sell faster and for more money with a neutral paint job. While you're at it, get rid of excess clutter and take care of any outstanding repairs to portray a pride of ownership.
- Going It Alone - While some are able to sell their home privately, most quickly regret their decision. Selling your home can be overwhelming, time consuming and costly. A real estate agent’s job is to expose your home to the masses so that they’re in the best possible position to negotiate the highest price in the shortest amount of time.
Your home is most likely your biggest asset. Don't put it at risk by repeating any of the common mistakes above. Start by viewing the sale of your home as a business transaction and put aside your emotional ties to the home. Avoid these mistakes and you'll be on your way to selling your home quickly, easily and for top dollar!