1.Thinking your home is the exception:
It's natural to be emotionally attached to your home, especially if you've lived there a long time. But allowing this affection to obscure the realities of today's Goldendale real estate market is a serious seller mistake. If your local market is declining in value, you'll need to price your home at a compelling level. That will require a painful decision: to price the property at or below comparable homes in the area, even if the price point is less than what you think your home is worth. Overpricing a home because of an emotional attachment only makes selling it that much more difficult.
2. Not knowing the competition:
Another reason sellers might price a home too high is that they're simply unaware of the dynamics of Goldendale homes market. To sell your home, it's essential to have a firm grasp on the conditions in the area. Sellers should study the pricing trends and sales data in their local market. But the data tell only half of the story. To fully understand the market, sellers should get a first-hand look at the nearby homes that are also up for sale. Visiting open houses is a good way to go about this.
3. Not checking your agent's references:
An effective, experienced Goldendale agent can be a big help in selling your home in today's sluggish market. But finding such a broker may not be easy. A lot of agents think you can just put something on Craigslist and it can sell, and that's not how it works anymore. To ensure you're doing business with a solid professional, contact some of his or her previous clients and ask about their experience.
4. Not prepping the property:
Since buyers have many options these days, home sellers need to ensure that their property is in tip-top condition for showings. That means making any and all home repairs, ensuring that the indoor and outdoor portions of the property are immaculate, and removing clutter. Buyers want homes that look cared for.
5. Being present during open houses:
It's important for the sellers to be away from their Goldendale homes during open houses, as their presence can be unnerving to would-be buyers. Some sellers have the mistaken idea that they are the best people to sell their house, and that is typically not the case. If a seller remains at home during an open house, buyers will have an uneasy feeling, and that is the feeling that they will take away from the house.
6. Taking negotiations personally:
The negotiation process can be tough on sellers, as buyers may demand concessions such as price reductions or help with closing costs. Although such requests might be irksome, it's important that sellers consider them just another part of a business transaction. It is not meant to be personal; the buyer is looking to buy as carefully as they can and pay as little as they can.
7. blowing off low offers:
Even if you aren't crazy about a buyer's offer, don't dismiss it out of hand. You need to be willing to negotiate with anyone and everyone who puts in an offer, even if it is one of those low-ball offers. Don't ignore it, because those buyers might really want the property.
For more tips on selling your Goldendale WA real estate please contact us anytime. We have experts on hand to answer all your real estate questions.