As we look to enjoy every last hot day of summer here in London, ON, there’s no doubt that the back to school rush is just around the corner. And that also means it’s the same time that many homeowners start to realize that they only have a few months left before winter hits if they want to sell their home without it being covered in a blanket of snow. So, if there are a few projects you’ve been procrastinating on all summer but need to get done before you list your home for sale, you still have some time left.
With that in mind, I thought I would share the three biggest mistakes sellers can make when it comes to selling their home. Of course, using the right realtor is a great start, but it’s a well-rounded approach that sells a home, and there are a lot of factors that come into play before we get to slap that “sold” sticker on the sign.
A home needs to be priced right in order to sell. It sounds simple, but it’s more difficult than you may think. Plus, real estate may seem like it’s all about numbers, but sometimes it can be more about emotions. It’s understandable that you may be personally attached to your home and the upgrades you’ve made, but that doesn’t necessarily warrant listing it higher than other comparable homes in your area. On the other hand, sometimes under-pricing a home can result in multiple offers and get scooped up quickly, but if you price too low and don’t get any action, you could end up chasing the market down and selling for far less than you ever imagined. Pricing it a bit of a “Goldilocks” game: not too low, not too high, just right.
Homes that are in top condition sell faster. That’s just the way it is. If there are major repairs that need to be done, the price we list at will have to reflect that. With this in mind, if there are certain upgrades that will make your home more appealing to buyers and warrant a higher list price, it could be worth the investment to make these changes prior to listing. If you have any questions about which updates and upgrades will yield the best return, get in touch with me to discuss. The last thing you want is to spend a lot of money on is renovations that won’t necessarily give you a good return.
Marketing a home is more than just getting it listed. I offer a leading marketing approach to get your house sold. From professional photography to home staging, I have the right tools to showcase your home in the best light.
Are you thinking about putting your home up for sale? If so, let’s schedule a time to meet in person and discuss a strategy. I offer a free home evaluation and will walk you through all the marketing advantages I can offer to not just list your home, but to also get it sold. In the meantime, enjoy these dog days of summer!