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10 Mistakes to Avoid When Selling Homes for Cash

By Al Twitty | August 29, 2018

Whether you’re giddy about letting your home go or still trying to hold onto it for as long as you can, there’s no better way to say goodbye to your beloved home by getting the highest value for it. But a little slip-up can cause a major letdown (to your home too) when it comes to pricing; you want to get as much profit as you can for your home because the sentimental value is just - priceless!

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If you’re still in a pickle about how to sell your home fast, read these top 10 mistakes to avoid when selling homes for cash and you can be sure you’ll be able to sleep better at night thinking; you did a bang-up job!

1. Taking Lousy Photos

With the rise of technology and online platforms, the first thing people are going to search is the internet. Don’t miss an opportunity for potential buyers, make a good first impression (online) prior to viewing. If you’re inept in photography (No, not Instagram selfies), hire a professional photographer or at least try to use a high-quality camera. Good pictures have more chances of attracting viewers!

2. Hiring Incompetent Agents

Don’t try to penny-pinch on choosing an agent. It can a bit tempting but you have to remember that these agents (next to you) are at the helm of this whole process. If you hire a cheap agent, you’re also compromising skill quality.

3. Wrong Marketing Methods

The most obvious mistake is when you ignore search engine optimization. SEO is probably the best form of marketing there is. And your property can stay on top of search engines if you stick to best SEO practices like choosing the right keywords and the right content. People from all around the world can literally see your property online, so don’t miss out on potential buyers!

4. Less Availability

Potential clients are probably juiced up on viewing the next possible house they can call their home. There’s nothing more disconcerting than being denied from viewing because you’re just too swamped with God knows what. Exert an extra effort in cleaning your home before staging. More viewers mean more likely buyers!

5. Not Calculating Costs Involved

What sellers sometimes fail to notice are the costs affiliated in selling properties such as property taxes, transfer payments, title fees and insurance, commissions, and whatnots. You may want to consult your agents regarding this. You don’t want to make rash decisions about final pricing without considering these factors.

6. Price Too Steep

Though your home may seem like it’s worth thousands of dollars to you, you also have to consider that there are probably others who have way better homes at more affordable prices out there. Asking too much might drive potential buyers away, make sure to check the current competition and pricing; and if these matters are way above your head, then that’s what you hired an experienced agent for (duh).

7. Home Doesn’t Look Appealing at All

You would probably want to capture the interested buyer at first glance. A good fresh paint always does the trick. But the interior is just as important as the exterior, try to do some repairs as much as you can.

8. Not Being Transparent with Problems

A potential buyer will appreciate your honesty. I know how much you want to sell the house at a high price but if you’re going to cheat your way into it, they’re probably going to find out about it anyway during the final inspection! Just tell them what they’re in for; it’s not like the house is going to crumble into pieces (you won’t be selling it if it was the case in the first place)!

9. Not Personalizing

You probably don’t want to get too attached to your home by now but the new homeowners are ecstatic to make great memories in it. Put some personal touches on it, a simple flower pot or a beautiful lamp on a corner might urge them in buying.

10. Selling During the Wrong Season

It’s best to sell your property during the spring or summer season. Selling during the winter is a no-no because this is the slowest time for property disposals. A little patience will go a long way!

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