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Oakland, CA – Mistakes to Avoid When Selling a House | Real Estate News

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BY: Your Name, Your Business

Are you thinking about selling your home?

Your home is your safe haven. It is the place where you’ve spent so many years of your life creating the most wonderful memories with your friends and family.  Your house is also the place that reminds you of how far you’ve come in your life.  You think about all the different ways you’ve transformed the place and made it your own over the years. This is why selling your home can definitely be an emotionally overwhelming experience.

Moreover, selling a house is a complex process that involves many steps. It doesn’t matter whether you’re selling your house because you want to move into a bigger place or simply because you’re relocating due to your job, the important thing is to do it wisely so that you have no regrets later on. Continue reading this article to find out the mistakes you should avoid when selling a house.

Miscalculating the Costs of Selling Your Home

The first major mistake most people make when they want to sell their homes is miscalculating the costs of selling.  The total cost of selling a home is often much greater than the 6% in agent commissions most homeowners are prepared to pay. It’s important for homeowners to be realistic and account for other expenditures that are part of the selling process. Expenses like repairs, closing costs, and concessions that buyers request are usually unavoidable. In the end, the total cost of selling a house comes close to 10% of the sale price which is significantly greater than the 5 or 6% that homeowners had predicted.

Setting an Unreasonably High Price

The next mistake you want to avoid when selling a house is setting an unreasonably high price. The price you want for your house and the price a buyer will be willing to pay are usually two very different things. A house seller must be able to determine the fair value of their house in the market. This will allow them to find a sweet spot between asking too little and asking too much. If you’re asking for a price too high then your house may sit on the market for a longer period of time. In this case, you must be prepared to patiently wait around for an offer to come your way.

Being Unprepared for House Showings

Another blunder people can make when selling their house is not being prepared for house showings. If you’re listing your home on the market for selling, you have to be fully prepared for showing it to prospective buyers. You must keep your home in its ideal condition during this time to create a positive first impression on all the potential buyers who come to view your property. Generally speaking, buyers will find your home far more appealing if it’s well-maintained and well-decorated during house showings. As a result, they would make higher offers for your house so it is always worth your time and effort to keep your house clean and clutter-free when it’s on the market for selling.

“Best Residential Real Estate Agent in Oakland, CA”

Top Rated Local Residential Real Estate Company / Brokerage / Agency

Alameda County: Oakland, , , , , CA

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“Best Residential Real Estate Agent in Oakland, CA”

Top Rated Local Residential Real Estate Company / Brokerage / Agency

Alameda County: Oakland, , , , , CA

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Oakland, CA – Mistakes to Avoid When Selling a House | Real Estate News