How Home-selling myths are misleading you!
The moment you put your home up for sale, everyone around you out of the blue becomes the property masters, including your friends, family and colleagues. They start bashing you and forcing you to listen to their opinions about how you should sell your home, what is the right time to sell your home, what the price should be set and all the nonsense. Before you consider any of their or anybody else’s home selling tips you must yourself be aware of the myths that roam around selling a home.
Listening to other people’s stories, experiences, or facts you might end up in a big slump, but believe us selling a house is not that complicated as it may seem but rather is a very smooth process if done properly. The right information to lead towards you and to uncover all the false myths and stories behind the Home-selling process, we have compiled a list of factors and statements you must not believe while selling your home. Continue reading to find out more!
- Consulting a Real Estate Agent as a waste of the money and time!
A constant debate you will encounter on the topic of home selling is that consulting a real estate agent is a complete waste of money. Think of it as connections you will have to make to sell your property to the people who are interested. How would you find the right local home buyers to discuss the property prices? On what basis would determine the right value of your property.
Real estate agents are well-acquainted with the local markets and possess high knowledge to determine the right value of your property. This is why consulting a real estate agent is not a waste of money or time but it is actually a first step to take before putting your property on sale.
- No need to repair the damages before you sell your House.
People with high intellect will tell you to not repair the damages of your property right before you sell the property as it will waste your money and also because it is your buyer’s job to do so. But ask yourself would you consider buying a property with no proper doors or ventilation system? Do you think wall paint that is tearing out will appeal to you? Of course not.
If someone is considering buying your property it is because they want it to be well furnished and favourable for their living conditions. So it is your duty to look out for substantial damages and fix them before you get money in your hands. And fixing house damages before selling instead, comes with additional benefits as it increases the curb appeal letting you quote a better price.
- Sell your house in Spring as it is the best time to sell your house.
Majority of people believe spring to be the ideal season for house selling, however this is a myth because seasonal changes do not impact the rates of your property in any way. Instead, the economical season and fluctuations might do.
To deal with the price fluctuations, consult an experienced real estate service and study your local market to set prices rationally.
- Set the price bar high.
People will tell you to set a higher rise in order to get the price you actually want, however, this is not the case in reality. There might be the chance that setting higher prices may discourage the local home buyers and distract them from your property, leading your property’s value to go down irrationally.
The only advice will be to consider a good professional and study the fluctuations in your market properly and list for fair market price.
- Give your property a longer marketing time.
This is the most falsely created myth by totally random people who do not even know about how things work in the real estate market. A property on the market list for a longer time in the real estate world can quickly become worthless.
It is a fact that you should not take the first price offer that has come to you, but that does not make the statement, time is the devil in disguise any less true.
Conclusion
Now is the time to get past these myths and focus on finding the right expert real estate agent to determine the absolute value of your property and take home a good price.
