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4 Mistakes That Plague First-Time Home Sellers and How to Avoid Making Them

Jun 27, 2023 | Uncategorized

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Are you thinking about selling your home? If this is your first time going through the selling process, you may be wondering just how well things are going to go. Selling a home is usually a smooth process – there are thousands sold each day – but issues can arise if you’re not careful. Let’s explore four mistakes that are commonly made by first-time home sellers and how you can avoid them.

Trying To Sell Without Experienced Representation

The first and most significant mistake that some first-time sellers make is to try to go it alone. Selling a house is a major financial and legal transaction and one where experience is crucial in getting things right. Invest in an agent who has a track record for quick, efficient sales and you’re going to have an advantage.

Choosing Emotion Over Reason

Next, you’ll want to avoid letting your emotions control how you react or respond during the selling process. Many homeowners become emotionally attached to their homes, which is fine while you’re living there but can be a problem when you’re selling. It’s important to let logic and reason guide the sale. Don’t let yourself get caught up emotionally or you may make a critical mistake.

Pricing Outside Of A Realistic Range

Asking too much – or too little! – for their home is another common mistake made by first-time home sellers. It’s critical to understand that the local real estate market has a lot of influence on the correct asking price for your home. Current listings and recent sales of similar homes in the area tend to set a price range in the minds of buyers, so these will need to be observed. Your real estate agent will be a big help in choosing the right sale price.

Selling At The Wrong Time

The final mistake we’ll cover today is listing your home for sale in the wrong environment. The local real estate market is in constant state of change due to a variety of factors. The seasons, other local home listings, interest rates, new home construction, local municipal zoning changes and all sorts of other factors can influence your sale. Unless you are under a time constraint, it’s best to let your agent advise you when it’s a good time to list your home.

Selling your first home can be a daunting experience, but with the right frame of mind and professional representation, it will go smoothly. To learn more about the home selling process, contact us today at (339) 203-1109 or email us at sold@marcfiorerealestate.com so we can provide you with a Fair Cash Offer on your Greater Boston & North Shore house.

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Recent Testimonial

  • Renee K

    Marc put a lot of work into his marketing which got great results! He was always helpful during the whole process from start to finish. I met Marc 3 years ago when I was going to sell and then decided not to. Marc kept in contact until I finally decided to put my house on the market this April. He never once was pushy, he just checked in whether it was on me, my parents, or my husband. Thanks Marc for all your help!

  • Albert B.

    From the first time I met Marc I enjoyed working with him. I highly, and happily, recommend Marc for anyone looking to sell or buy a property. I was very comfortable working with Marc. He is very personable, professional, patient, easy to work with, high skilled, motivated, responsive, organized, always willing to help, and always willing to go the extra mile for you. And Marc's broader support team were also pleasant and efficient to work. As the saying goes "the proof is in the pudding", and the pudding for me was the fact that Marc had an offer in front of me on the day before the first Open House was to be held. And that offer was so good I ended up accepting it (10% above asking price and 4% above my desired bottomline sale price. 😁 If you choose Marc as your Real Estate professional, when all is said and done I think you'll be happy you did!!

  • Richard H.

    Marc’s Knowledge of the the space and timing in the market was incredible to watch unfold. He not only hired solid contractors but also guided them in what the modern consumer wants / needs in their home. He made sure to keep them in line and within budget. Not only did he assist me in that overwhelming process but he had a stager set in place & 60 people showing up at my open house for 3 days in a row. He knows how to market his projects and himself incredibly. Doesn’t hurt that he got me over asking and closed in less than 30 days!