Selling your house can be emotionally challenging and time-consuming, especially if you are doing it for the first time. Having strangers come into your home and criticize your home or poke around your cabinets and closets is a feeling which is difficult to reconcile. Along with this, they will also haggle for the price which you have set and will try to decrease it as much as they can.
First time sellers don’t have experience but they do have an emotional and complex transaction on their hands. As such, it’s easy to make mistakes which might cause you a lot of money. So there are some mistakes which you should avoid while putting your houses for sale in Auckland or anywhere else in the world:
- Taking it personally: Once you have set your mind on selling your home, it will be better if you begin thinking of yourself more like a business person rather than a homeowner. Looking at the whole transaction from a purely financial perspective will help you a lot. It will help you distance yourself from various emotional aspects of selling the property which must have a lot of your memories. Try to think back to how it felt when it was you who was shopping for that house. If you can keep in mind that you are selling an image and make the necessary staging and remodeling efforts, then you can get a good price for your house.
- Not hiring or looking for an agent: Even though real estate agents do command a pretty huge commission, but even then it’s not advised that you try to sell your house on your own. It is even a bigger no-no if you haven’t done it before. A good agent will aid you in setting up a competitive and fair selling price for your property which should ideally help you in improving the odds of a quick sale. A reliable agent will also help in toning down the emotional stakes involved in the process by interacting with the buyers. This will ensure that you don’t have to go through the process of elimination. An agent will also surely have more experience negotiating for home sales than you will.
- Assuming that you Must Hire an Agent: There are people who do successfully sell off their homes all by themselves. But you will need to pull up your socks and carry out research on various factors. These factors involve your area’s recently sold properties and more so that you can set an attractive selling price. Along with this, you will also have to market your own house and show it too. Keep in mind that it can be emotional, stressful and time-consuming.
House selling is a stressful affair even with an agent and being emotionally detached from the process. You have to do your own research and learn from others so that you don’t end up falling into traps of bad agents or having to sell your house for less.