Vinny Steo
Vinny Steo

5 Worst Mistakes When You Try to Sell a House in Parkville

If you need to sell a house in Parkville, it can be a complicated process. Especially if you are not familiar with the details of it or have the right guidance. There are many factors to consider and things to keep in mind that must be done before you can sign the closing papers with your home buyer. If these are not taken care of, it could cost you thousands of dollars in profits from the sale of your home.

For this reason, it is essential that you work with an experienced realtor who is happy to help you through the process and ensure that all necessary paperwork and other items are completed before the sale gets far enough along to complicate the process more. Our team at Your Home Sold Guaranteed Realty - Vinny Steo has the experience, expertise, and knowledge to guide you through the home selling process and guarantee that you are able to complete your home sale in Parkville fast and for the highest price possible.

In this report, you will find the top 5 worst mistakes that many home sellers make that often result in a major loss in profits and/or an extended period of time on the market. Our realtors will guarantee that you never have to deal with the consequences of the following mistakes:

Not Making a Budget

While you may not think that you will need to spend any money since you are selling a home, this will cause you to neglect the need for making a budget. Unfortunately, this can be a serious mistake because there are things that you actually do need to pay for during the process, namely the bulk of the closing costs and the commissions for all realtors involved (yours and your home buyer’s). 

You will also need to factor into your budget the costs of renovations, upgrades, and home prep prior to the sale. If you invest in these types of projects, you can find yourself with the ability to set a much higher selling price and feel confident that you would get it. 

Lastly, keep in mind that you will likely be needing to buy a new home because you are selling your current home. This means you will have those expenses of buying a home, including packing and moving your belongings.

Choosing a Realtor without Research

Hiring a realtor to sell a house in Parkville is one of the most important aspects. Your realtor can be the reason that your home sells fast or lingers for far too long. That is why you need to hire an experienced and skilled realtor, not just the first one you see an advertisement for. Your realtor should be ready, willing, and able to do everything possible to get the process completed for you.

You should always interview several realtors to ensure that you are making a well-informed decision. During these interviews, you should ask them the tough questions and find out 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 make a well-informed decision.

Refusing to Improve Your Home’s Appearance

Your home needs to make a great first impression with home buyers because that will be the thing that home buyers remember most. Rather than selling a home as-is to ensure it sells quickly (and more cheaply), making repairs and renovations to the home can result in a much higher price and, usually, a very quick sale. 

It is fortunate because you will not usually have to renovate the whole 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.

You can also rest assured that you will stand out among all of the other available homes. Renovations are always a great selling point, especially with older homes, so be sure to thoroughly consider the option before you list your home. Remember, home buyers are also looking at new construction homes, so yours needs to be able to compete.

Choosing an Amateur Photographer

Photographs for a home will definitely be one of the most important ways to sell a home, so it is vital that those photos are professionally taken and made with care. Home buyers are looking through hundreds of listings, and the professional photos will ensure that your home stands out compared to other resale homes as well as new home construction. Amateur photographers cannot make this level of photo or help you sell a home fast.

Frequently, realtors 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.

Letting Your Emotions Run Away with You During Negotiations

Last but not least, a major mistake that many home sellers must avoid is to become emotional during negotiations. Getting a lowball offer from home buyers is common, so home sellers need to be able to react without emotions. 

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 in Parkville Fast and for Top Dollar with Our Realtors

When you and your family are ready to sell a house in Parkville, you very likely want to get the absolute highest price and sell quickly. In order to be successful, you need a clear and comprehensive marketing strategy along with a pricing plan. Achieving your goals requires time, effort, planning, and knowledge, and that is where our team at Your Home Sold Guaranteed Realty - Vinny Steo plays an essential part in your home selling process.

Our real estate team has years of experience helping home sellers in Parkville 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 Parkville, 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 Parkville, 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!