When you sell a Knoxville home, there are many ways you can sabotage the sale of your home.
If you’re currently struggling to sell your home, it may be time to ask yourself: are you sabotaging the sale of your Knoxville home?
Even in a seller’s market, there are still plenty of ways you can sabotage the sale of your home. In this post, we’ll take a closer look at how many sellers kill the sale of their home and why you avoid make the same mistakes.
Overpricing your Knoxville home from the start is one of the largest ways that sellers sabotage the sale of their home.
Oftentimes, a sellers will make the mistake of believing their home is worth more than it actually is. This is an easy mistake for many sellers to make. When you’ve lived in a home for so long and have all of the memories, emotions can cause you believe that your home is worth more than it really is.
Before making this critical mistake, it can be important to hear your realtor out when it comes to pricing your home. It is a realtor’s job to provide you with a clear picture of what your home is worth. As a seller, it is you who ultimately sets the price, but before you make this mistake, try to really think about what the data is telling you.
Why This Matters: Even in a competitive market, a buyer isn’t going to want to mess with a house that is overpriced. The first days that your home is on the market are the most critical, it is when your home will get the most attention. If you overprice your home from the start, it could take multiple price reductions to actually sell your home.
It’s important to get your home ready to sell prior putting it on the market. If you don’t, you may turn potential buyers off.
Before you list your home, take care of little repairs and take care of any cosmetic issues. Touch up chipped paint, fix the leaky faucet, change burnt our light bulbs, and fix the loose handrail. While these are relatively simple items to repair, they can do a lot to show that you’ve taken care of your home.
Why This Matters: Even in a competitive market, buyers don’t want to take on home that come with a lot of work or looks like it hasn’t been maintained. This can raise additional questions about what other issue the buyer cannot see.
Junk and clutter is another common way many sellers will sabotage the sale of their home.
A home filled with junk and clutter can be extremely distracting to buyers. When a home is filled wall to wall with family photos and other memorabilia, it can make your home feel smaller than it actually is. In addition, it can also make it hard for a buyers to picture themselves in your home.
Before listing your home, it can be important to go through your home and take down some personal items and de-clutter counter tops and shelves. It’s an easy way to get a head start on packing, anyhow.
Why This Matters: Clutter and junk don’t make a good impression. Even if it is neatly done, it can still be distracting.
Unfortunately, pets can be the cause of some very unpleasant odors, some of which many sellers become immune to. These nasty odors can drive potential buyers away.
In order to help tackle these odors, be sure to do deep clean of your home and keep your home clean when selling your home. It can also be helpful to get carpets cleaned to help remove any lingering pet odors. It is also important to be sure that your pets clean.
Why This Matters: No one wants to buy a home that reeks of pet odors, particularly when they’re not our own. Be sure to combat these odors before putting your home on the market.
Finally, many sellers will sabotage the sale of their homes in order to save a bit of cash.
While this may sound good in theory, selling your home yourself isn’t as easy as it may look. Do you feel comfortable enough to price your home? Are confident enough navigate issues when they arise? And, are you willing to take on the liability of selling your home alone?
If not, it is worth hiring a profession. Not to mention, according to Realtor.com, the typical FSBO home sold for $210,000 compared to $249,000 for agent-assisted home sales. This means that when you sell your home yourself, you’re actually losing money.
Why This Matters: Selling your home actually costs you money. It’s not worth the headaches and the potential liability. Save yourself the headache and hire yourself a professional.
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