When you want to sell your house in Lenoir City, your goal is to sell it fast and to sell it for the most money possible. Isn’t that everyone’s goal, though? At least it should be! As a local homebuyer in Lenoir City, we wanted to touch on the most common mistakes we see homeowners make that prevent them from selling their house if they attempt to sell on their own or through an agent. But we also want to preface this article by letting Lenoir City homeowners know they can avoid every single one of these mistakes by selling their house directly as-is with an all cash offer. Selling direct isn’t for everyone, though, so we decided to help by providing the details on these common mistakes!
Overpricing Your House
It is human nature to want to get the most money possible when we sell something, and our homes are no different. When you sell your house in Lenoir City, the asking price will determine how quickly the home will sell most of the time. This mistake is a significant one too! How do you prevent overpricing your house? The first thing to do is lookup recent home sales in your area. You want to filter the results down to homes that are similar in build and type to yours. There isn’t an exact science to doing this, but just a general look will give you a “ballpark” to list your house for in Lenoir City. For example, let’s say all of the homes in your neighborhood are of similar build. 3 bedroom ranchers built around the same time period and have similar square footages. If most of those homes are selling for around $225,000, it wouldn’t make sense to try and sell your house for $250,000.
Selling Your House With Stuff Everywhere
When traditional buyers are looking for a house, they want to visualize themselves in the home. When things are scattered all around the house, it is often difficult for them to do this. Ideally, you want to either clean and organize your spaces, or hire a professional stager to come in and stage the house for you.
Trying To Sell An Outdated House
Outdated homes are usually more difficult to sell. Old paint, outdated appliances, old and damaged flooring, old cabinets, and old countertops have a significant impact on whether or not your home will sell fast and for the price you want it to. Failing to update the house prior to selling can cause the house to sit on the market for months and become “stale.” Traditional buyers are looking for homes that are ready to move into that don’t require a lot of updates. Updating a house can be a large financial investment, and that scares the majority of your buying pool away.
Not Getting An Inspection Before Selling Your House
Not getting an inspection before listing your house on the market is another mistake we often see. When you decide to list prior to getting an inspection, you will have no idea what is wrong with the house. More than likely, your home has issues that only a professional inspector will find. In addition, if your home does go under contract, it runs a high risk of the contract falling through if several things come back on the inspection report ordered by the buyer. By getting an inspection upfront, you can either disclose the known issues, or you can hire a licensed professional to come in and repair these things.
Not Understand The Costs Of Selling Your Home
Many homeowners are completely unaware of the financial impact selling their house can bring and are usually caught off guard. For example, let’s assume your potential buyer requests the electrical be updated in your home before they will close. An electrician is going to cost a lot of money. In addition to repairs, you will have marketing expenses (if selling by yourself), or commission fees if you are using a realtor. These costs can add up extremely quick and result in tens of thousands of dollars coming out of your pocket.
How Can You Sell Your House And Avoid These Mistakes?
Does the thought of hiring professionals to make repairs, trying to keep your house staged and clean 24/7, and paying for marketing or realtors sound overwhelming? You can avoid all of this by selling your house to a local cash buyer in Lenoir City. Shipwash Properties buys houses directly from homeowner as-is, in cash, and 100% free to the homeowner. You can skip the repairs, skip the cleaning, skip the showings, and skip the stresses of a traditional home sell by allowing us to buy your house direct. We promise to provide our best offer the first time to avoid the hassles of negotiating as well!
Selling can be stressful, especially if you attempt it on your own. Many homeowners make the mistakes listed above and it delays the sell of their home. Instead of stressing out, learn more about how we do business and contact us today!
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