Selling your house? Avoid these common mistakes

by admin

Posted on April 10, 2017


Selling your house in Hawaii

Time-consuming and emotionally challenging, the process of selling your house in Hawaii is hard-hitting than expected. Committing a small mistake can result in severe loss and further complications. Listed below are some of the most common mistakes that sellers commit.

  • Quoting high or low- One of the costliest mistakes that a seller could commit is under pricing or overpricing a home. Even though it is difficult to understand your market, it is vital to stay updated to price it right. In order to be aware of the real estate market you need to become familiar with comps, the only way to determine the right list price is by comparing your home with other similar homes and purchasing a property in Tampa.  
  • Disregarding the services of a real estate agent- Attempting to do things on your own and disregarding the services of a professional real estate agent is also one of the biggest mistakes. Even though agents demand a commission of 5-6% of the sale price of your home, a good agent takes all measures to do the chores for you. He/she will help you prepare your home for sale, set a fair and competitive selling price that will scale up your odds of a quick sale, settle on a selling strategy and negotiate with buyers and much more. Having said all that, they will also help take out some of the high emotion out of the procedure by working together unswervingly with potential buyers, so you don't have to be concerned and most importantly do away with someone who appears to be attracted in buying something and asks a lot of questions but does not buy anything. The expertise of a real estate professional can be of great help to you.
  • Insufficient research and preparation- The importance of being prepared can’t be denied while selling your house in Hawaii. Because it involves a lot of procedures, insufficient preparation results in mess up. So it is very important to be on your stand with sufficient knowledge.
  • Failing to complete a full set of disclosures – A whole lot of sellers lose money mainly because they were anxious to reveal the imperfections of their home. No matter what, always be upfront of all your home’s issues, this will save money and time. Moreover, no buyer will be blind-folded when purchasing a property in Tampa; they will uncover all the issues.
  • Ignoring other expenses at the time of closing- A very lethargic attitude starts to show up at the time of closing and as a result, some people tend to ignore certain expenses at the final stage which is a bad thing. It is imperative to assess the closing cost statements with your real estate agent before you could hand over the keys.

 

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