Vinny Steo
Vinny Steo

5 Worst Mistakes When You Try to Sell a House in Bel Air

When you try to sell a house in Bel Air, the process is often challenging, frustrating, and overwhelming when the home sellers are not experienced or are not working with a skilled realtor. There are lots of factors that need to be considered and many things which need to be completed before a home seller and home buyer can sign the final closing papers. If these things are not done, home sellers could be at risk of losing thousands of dollars in profit at the conclusion of the sale.

That is why it is so essential to work with a skilled, knowledgeable, and experienced realtor who can walk you through the complicated process, give you the guidance you need, and ensure the sale is completed without any hiccups. At Your Home Sold Guaranteed Realty - Vinny Steo, our team has all of the needed experience and knowledge of the local real estate market to ensure that you are able to achieve all of your home selling goals. We guarantee your home sells quickly and for top dollar!

Below you will read details about the top 5 mistakes that home sellers often make which frequently result in serious losses. With our team, you will never have to worry about the following issues:

Thinking You Don’t Need a Budget

As a home seller, you may believe that you do not need to concern yourself with making a budget since you will be the one getting the money for the house. However, there are expenses associated with the home selling process that you will need to cover, so it is important to create a budget and stick to it. First and foremost, you will need to cover the bulk of the closing costs as well as the commissions of your realtor as well as the home buyer’s realtor.

Secondly, you will also need to consider making some much-needed renovations, repairs, and updates to the house in order to sell it more quickly and at a higher price. While investing in these projects may be a difficult choice, you will end up with the confidence of being able to sell it for a much higher price than you would have without the renovations. 

Finally, don’t forget that you will also be moving in the near future. This means you will need to buy a new home, pack up your belongings, and move. This all costs quite a bit of money, so you should be aware of how much that will cost in the long run.

Working with a Realtor You Know Nothing About

An important part of the real estate process is to work with a skilled and experienced realtor to help you achieve your home selling goals. An effective realtor can be the reason that your home sells quickly and gets top dollar rather than sitting on the market for months at a time. That means you need to find a realtor who suits your needs and is able to do everything necessary to complete the process for you.

We recommend that you interview several realtors to make sure you have all the resources you need to make a well-informed decision. In the interviews, be sure to pose the tough questions to these realtors and inquire about their experience, history in the area, marketing strategies, and track record, including selling speed, number of homes sold in the past 6 months, and average list-to-sale price ratio. Based on this information, you can choose the right realtor.

Not Taking Your Home’s Appearance into Consideration

When a home buyer initially sees your home, you want it to make the best possible first impression. It is this impression that home buyers will remember and take with them when making their purchase decision. Some home sellers will choose to sell the house as-is in order to make a fast sale, but this has the great potential of losing lots of money. It is wise to invest in repairs and renovations to improve the home’s overall appearance and be able to ask top dollar for the house.

Fortunately, you do not have to renovate the entire house, just the high-traffic areas like the kitchen, bathrooms, and living room. While the investment may be a bit high at first, it will be well-worth the money when you are able to list the home for a much higher asking price in the end.

Also, keep in mind that you will be competing with other homes on the market that are both resale and new construction. With renovations completed on your house, you can rest assured that you can stay competitive and get the interest of as many home buyers as possible. 

Opting for an Amateur Photographer

When sell a house in Bel Air, pictures are essential in the listing. They assist home buyers in making a decision to actually see the house in person or buy it outright (if they are buying from a distance). That means your photos need to be professional. 

Professional photography ensures that home buyers get to see the best aspects of the house in the most attractive way. These photographers can make your home stand out from the rest and get interest from many home buyers. 

Very often, the realtor you work with will have a go-to photographer that they frequently work with, and it is common for the realtor to actually cover the fees of the photographer through their commission. It is part of their marketing strategy. If you find your own photographer, be sure to examine their portfolio carefully to ensure that their work meets your expectations.

Allowing Yourself to Be Emotional During Negotiations

Finally, a major mistake that many home sellers must avoid is to become emotional during negotiations. This is especially true when you get a lowball initial offer from a home buyer (which is common). Home sellers need to learn that they should not react emotionally.

You can either accept the offer or stick firm to it. Home buyers are trying to find out if there is any wiggle room in your asking price, and this is your chance to give them a clear and concise answer. Remember, even if you don’t want to lower it, you can most certainly add some concessions to sweeten the deal in exchange for a price reduction. 

Be sure you are evaluating and responding to each offer in an objective manner and not take any offer personally.

Sell a House Bel Air Fast, We’ll Help!

Have you decided that now is the right time to try to sell a house in Bel Air? If so, you are probably hoping to sell quickly and get the highest possible price from the sale. To achieve these goals, you will need to develop a strong marketing plan as well as a reasonable pricing strategy. That is where our team at Your Home Sold Guaranteed Realty - Vinny Steo can be a great help to you.

Our real estate experts have years of experience helping home sellers in Bel Air get the most for their assets, and we have even developed one of the top selling speeds around. We are known for our selling speed and ability to get top dollar for homes. We can sell homes 2.8x faster than our competitors and get 3.1% more money! 

With over 12,000 home buyers waiting to buy homes from us in Bel Air, home sellers are sure to get the most for their houses. We always go the extra mile for our clients, and we even guarantee that your home sells through our home seller guarantees. This includes the Guaranteed Sale Program, which enables you to get your home sold in your preferred time frame. If we don’t, we will buy it ourselves. 

If you are interested in learning more about our home selling process, our home seller guarantees, or the best way to get started on your real estate journey in Bel Air, be sure to give us a call at 410-220-0016 or fill out the form on this page with the requested information. One of our expert realtors will send you a detailed response as soon as possible. 

We look forward to hearing from you!