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September 30, 2019

Common Mistakes New Sellers Make

There are plenty of mistakes that sellers make on a regular basis, especially if it is their first time selling a home. The key is identifying these pitfalls so that you can avoid them and the hassles that they bring along. Each of these mistakes can be expensive, and cost you in both time and money. But once you learn each of these common mistakes, you’ll figure out how to avoid them in the future. Let’s take a closer look at the mistakes that new sellers usually make. 

Not Understanding The Costs Of Selling

Some new sellers don’t fully understand that there are costs to selling. For example, you may need to move out and rent a new place while you showcase your property to prospective buyers. Obviously, you’ll need to consider repairs and closing costs. Some have even estimated that the costs to sell can be 5-10 percent of the final sale price. That’s pretty steep, especially if you don’t have enough equity to be comfortable financially.

Not Being Willing To Move On Price

Fair market value may not be what you envisioned when you first thought about selling your home. Holding on to a price that doesn’t make sense is one of the worst things you can do as a seller. The longer your property stays on the market, the more prospective buyers will wonder if something is wrong with the property. You need to be willing to move on the price. Don’t be afraid to be flexible. 

Refusing To Make Repairs

If your home needs a long list of repairs, buyers can be scared off. Buyers are already making a major investment in your property, they want to move in and feel at home. They don’t want to also have to deal with expensive repairs. Make sure that you make sure your property’s structure is intact and that key appliances are all in working order.

Refusing To Make Accommodations On Showing Times

Selling your property is a process, and you need to be prepared to jump through some hoops. That means having to accommodate prospective buyers. Sometimes a buyer won’t be able to make it to an open house and may request a specific time to come see the property. If you aren’t able or willing to meet that request, then you could be missing out on a potential sale.  If you are frustrated with the traditional home sale process, you aren’t alone. Most people don’t enjoy going through the process of selling their property, especially with all of the hoops that are necessary to jump through. That’s why more and more sellers in the Maryland, DC, and Virginia areas are looking at 4 Brothers Buy Houses. 4 Brothers Buy Houses will provide you with a free, no obligation quote. That means you can sell your property and get the cash you need immediately, without having to wait for several months. Contact 4 Brothers Buy Houses today and get cash for your home when you need it.