Common mistakes made by home sellers
A time comes in a person’s life when he/she has to sell their old house in order to move to a new house.
Remember! Selling a home is a big deal. If you are selling a house, then it won’t be long before you acquire a sweet pile of money for your house. However, selling a home is not as simple as it looks. Messing it up will drop a bomb on your financial goals. So try to avoid these by familiarizing yourself with common house-selling mistakes.
If you are selling your house, then you must require a new place to crash in. Luckily, there are plenty of House for sale in Islamabad where you can easily find your ideal flat. All you have to do is to visit the Gharbaar website and search for your required flat.
Okay, you’re selling your house, right? Plenty of people will be interested in buying your house. So there is no need to prepare yourself for this sale? Big Mistake!
You will get caught in plenty of additional expenses while trying to sell your house.
In order to avoid any surprises, always be aware of the following costs;
- Agent commissions
- Closing costs
- Home inspection repairs
- Staging costs
- Seller concessions
Upon adding all these above-mentioned expenses, the total can seem overwhelming. Therefore, it is highly necessary for you to prepare yourself for these costs.
Selling it by yourself
One of the biggest mistakes a seller makes is trying to sell the house by himself/herself. You don’t have to do that by yourself. Not using a real estate agent is a massive home-selling mistake.
According to a research, the houses that were sold by owners were 10 to 15 percent cheap as compared to those that were sold by an agent. You are not completely aware of the current prices of your house and location. Therefore, it is recommended to hire an agent so you may not miss the chance to make a whole lot more money. The majority of sellers already know about the importance of an agent.
Pricing it Wrong
Sellers usually make mistake while pricing their houses. Sometimes they price their house too low and sometimes too high. If you price your house too low, then you would definitely miss the chance of making more money. However, if you price it too high, then you would probably turn away many potential buyers who are seriously interested in buying a property.
Don’t trust the internet in this regard. You have to seek help from a real estate agent to price your house through proper comparative market analysis. It will help you understand the real price of your house.
Home Inspection
It is one of the major mistakes that sellers usually make. Hiding any major repair and expecting that your buyer will not notice that is completely insane. Remember! If your buyers are paying so much for your house, then they would probably inspect it. During the inspection, if a major problem comes up, then it would ultimately terminate your deal or delay your closing date. To avoid this, you have to consider paying for a home inspection in order to avoid any surprises later. If you are willing to sell your house at once, then you must look into your home inspection earlier.
If you are looking for a place to settle after selling your house, then Flat for sale in Islamabad should visit the website of Gharbaar. It will help you to find plenty of available houses and apartments for both rent and sale in Islamabad.