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08 March 2024

Tips For Buyers or Sellers

5 Common Home Selling Mistakes You Should Avoid

Posted By: Sarah Schwartz

5 Common Home Selling Mistakes You Should Avoid 

Selling your St. Johns home is not as simple as it seems. It goes beyond putting up for sale and waiting for offers. A lot is involved in reality, from staging to preparing for inspections, welcoming potential buyers, and negotiating offers.  

First-time sellers or sellers with little experience can find the entire process overwhelming. To make things easier, we have identified the common crucial mistakes St Johns homeowners make when trying to sell their homes. 

Let’s take a look at them.

5 Home Selling Mistakes You Should Avoid

There is no exhaustive list of mistakes associated with the sale of a home, but here are some of the biggest ones;

1. Leaving out home-selling costs. 

Putting up your Silverleaf St Johns homes for sale does not absolve you of home-selling expenses. Identifying and preparing for these costs is better than letting them catch you unawares. Everyday home-selling expenses include agent commission (for the buyer’s agent and yours), closing costs (sales tax, a title transfer fee, attorney fees, and others), staging costs, and home inspection repairs. You should also factor in your moving expenses if you are moving directly into a new home after selling the old one or rental and storage fees if you are not.

2. Pricing the home incorrectly. 

Pricing is a crucial part of any sales process, and getting it right can make or mar your sales. Real estate pricing mistakes come in different forms. We usually see homeowners in Clay County and Nassau County price their homes higher than necessary to leave some room for negotiations. Unfortunately, this does not work anymore. In fact, it discourages potential buyers from considering the house because it exceeds their researched price range. 

3. Inadequate staging preparations. 

Leaving staging your home to chance is another costly home-selling mistake you can make. According to a report by the National Association of Realtors, most agents agree that staging a home correctly can increase the chances of getting it off the market faster and increase buyers’ offers by up to 5%. While showing potential buyers an empty house might be tempting and cost-effective, it is better to spend a few hundred dollars to stage it properly. You can rest assured of a considerable return on investment when correctly done. 

4. Hiding major repairs. 

Except you are selling a Silverleaf St Johns new construction home, there is hardly a perfect resale home. Home buyers also know this and will always watch out for possible problems a home may have. That is why you should come out clean by listing out the issues that could affect your home’s value when listing your home. Hiding these from potential buyers will only harm your chances of selling or delay your closing date if later uncovered.  

5. Not using a real estate agent. 

Trying to sell your home by yourself is an appealing option. You get to save money by avoiding the hefty commission and be in charge at every step of the way. But this can be a very costly mistake, considering only 7% of DIY sellers were able to complete their sales in 2021.   Hiring a real estate agent or realtor in St Augustine, FL, saves you from the stress of the entire process and sets you up to make more money from the sales. 

Hire The Best St Johns Realtor To Handle Your Home Sales

At Sarah Schwartz Group, we understand what a hassle it can be to try to sell your Silverleaf St Augustine home all by yourself.  That is why we offer you the best realtors in St Johns to help you oversee your sales process, from listing to negotiation and closing. 

As top 1% Realtors in St. Johns, we have your best interests at heart. Our St Johns realtors will help you set a competitive selling price for your Silverleaf St Johns homes for sale and ensure a quick and seamless closing. We also protect you from delays or unexpected legal issues arising from the deal. 

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