Ways to Mess Up Selling Your St. Louis Home
Selling your St. Louis home is an opportunity to maximize the profit on your investment. Although anyone can sell their home, there are ways that you can maximize your investment and there are ways you can hurt your profit.
Here are some mistakes that home sellers will want to avoid when selling your St. Louis home.
Pricing Your Home Out of the Market
Many St. Louis sellers will attach sentimental value to their home consciously or unconsciously and will price their home over market price. Additionally, the market for your home can constantly shift. This is why sellers must stay emotionally detached informed and on top of the local market conditions.
You must understand that your home is only worth what the St. Louis market will bear, not what you feel it is worth.
Skipping or Bare Minimum on Listing Photos
Even if your St. Louis home has great curb appeal and is updated and looks great on the inside, buyers haven’t seen it yet. In today’s market, most buyers will not even come to look at your house unless they have seen photos of it online. Your house is competing online with all of the other listed houses in that price range.
That means that you have to take the listing photos seriously. Instead of snapping a few photos with a phone and considering the job done, sellers should consider investing in a real estate photographer when selling your home. Most real estate photographers are actually affordable and can range from approximately $100-$300.
Studies have shown that this is a worthwhile investment when selling your home. Homes that have been professionally photographed sell quicker and for a larger amount than similar homes that used a simple point and shoot camera for their pictures.
Home Repairs Were Done DIY
Before most St. Louis homes are listed there are a few updates or repairs that will need to be made. To save money, many homeowners will try to do these things themselves.
This can take time and in the end can cost more money if not done correctly. Getting your home ready for prospective buyers to see it is worth paying someone who knows what they are doing.
Make Potential Buyers Uncomfortable
Sticking around for showing or open houses makes buyers uncomfortable. The best way to handle showings is for you to not be there. Let your agent deal with all potential home buyers and trust them to handle the process.
Your Pride Gets in the Way
When offers come in below your asking price, you do not need to be insulted and turn down the offer immediately. If you are serious about selling your St. Louis home be willing to counteroffer and see if you can come to an agreement with the prospective buyers.
A St. Louis home that sits on the market for over 30 days begins to make buyers wary, as they wonder what is wrong with the house. Take advantage of any opportunity with an offer and negotiate to try to make the deal work for both you and the buyer!
While there are just a few ways to sell your St. Louis home fast, there are an infinite number of ways to screw up your home sale. When selling your St. Louis home, be sure to do as many things correctly as possible. Some may require an upfront investment, but this can be worth it if you sell your home fast.