5 Huge Mistakes People Make When Selling a Home in Franklin TN

Sun, 25 Feb 2018 15:21:04 GMT

Selling Your Home In Franklin, TN? Don't Make These Mistakes.

Whether you are looking to downsize, landed an out-of-town job or simply want some different scenery in your life, selling a home is a complex and sometimes drawn-out process. The fact that around 600,000 homes are sold each year , though, attests to the fact that it's not an impossible endeavor. Unfortunately, it is possible to make the process more difficult than necessary. If you're making these mistakes when selling a home, you're hurting your chances of an easy sale.

1. Trying to Sell on Your Own

Of the more than 600,000 homes sold each year, a full 88 percent of sellers enlist the help of a real estate agent. Of course, this still leaves tens of thousands of homes that are for-sale-by-owner (FSBO) sales. The idea behind taking the FSBO route is that the homeowner will get more money in the sale. Unfortunately, this isn't usually how it unfolds.

If you choose to sell your house on your own, you will avoid real estate agent fees. What many sellers come to realize, though, is that they can't get nearly the selling price that a professional real estate agent can. By trying to save the few percentage points that an agent receives, a seller can end up losing thousands of dollars.

2. Emptying the Home

Most of us have walked into an empty apartment prior to renting, but this can add difficulties when trying to sell a home. An empty house puts off a depressing vibe more than anything else. People want to see that the home has potential.

Fortunately, it is possible to move things out of your home and keep the bare essentials in order to do a proper staging. If all of your furniture is moved out, however, you may want to invest in a professional stager. Good real estate agents can help in this area also.

3. Choosing the Wrong Real Estate Agent

Hiring the right real estate agent to sell your home can ensure a successful sale. Choosing the wrong agent, however, may do more harm than good. There are an estimated 2 million active licensees in America, so there's no excuse to settle when finding the right agent.

You'll want to choose a real estate agent with plenty of experience, but there are additional considerations to find the "best of the best." Some agents, for instance, can schedule repairs, handle landscaping and even get drone footage to show potential buyers a bird's-eye view of the property. Don't settle for an agent that doesn't ensure your house is 100% ready for buyers to see!

4. Getting Too Involved in the Process

It's understandable that you may want to stay abreast of what's happening and even remain hands-on in your home's sale. You should definitely make a concession, though, when it comes to showings and open houses. Potential buyers could feel awkward if the seller is standing around during a showing.

Imagine that you were thrust into this situation. While you're looking around, the seller of the home appears to be looming over everyone and watching them. This doesn't create a comfortable environment, so it should be avoided at all costs.

5. Failing to Disclose Issues With Home

If you're working with a real estate agent, they'll make sure that all of the proper disclosures are taken care of. Of course, they can only do this if you inform them of prior issues with the home. Failing to do so can become very costly if the buyers later discover problems. The truth is that they'll discover issues with the home, so failing to disclose these won't work out in the long run.

There are countless mistakes you can make when selling a home, but the aforementioned are certainly some of the most common. Fortunately, the help of a professional real estate agent can minimize or negate these frequent issues. Selling a home is hard enough without adding any additional difficulties to your plate.

Ready to Sell Your Franklin, TN Home? Contact Joey Johnston today!

TN Sold Realty News Network

5 Huge Mistakes People Make When Selling a Home in Franklin TN

Selling Your Home In Franklin, TN? Don't Make These Mistakes.