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Primary Residential Mortgage, Inc.
10121 N Rodney Parham, Suites C & D
Little Rock, AR 72227
855-474-7169
501-225-5626
NMLS # 3094
Branch NMLS # 252910
Licensed by Arkansas Securities Department 11558
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Equal Opprtunity Lender

Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

Most Common Mistakes that People Should Not Do When Selling a Home

According to a 2014 survey by the National Association of Realtors, 83 percent of people see their home as a good financial investment. Not because of its market value, but also because of the memories that they have made throughout the years. But if people would want to get a return on investment, they need to be logical and not let emotions get in the way. There’s a chance that they can make mistakes and make it difficult for the buyer to actually purchase the house.

Home sellers in all states, including Georgia, tends to get attached to the house. But if all comes to worse, their house might be their only way out of any financial situation. Here are some of the things that you can do to avoid these common mistakes:

  1. Asking for More than the Property’s Market Value

Some sellers would want to sell their house at the exact same price that they paid for it or sometimes even more. Sellers must be reminded that they have a lot of competition in the market industry, and getting a bit too greedy with the price might only make matters worse. Properties that are over its actual market value don’t tend to sell, unless the seller agrees to sell it at a much lower price. If you don’t get any offers within 30 days, which means that you set up the price too high.

 

  1. Not Making Your House Look Presentable

You have to know how to stage your house well to make it more appealing to buyers. Checking its curb appeal would also help to sell your home. A good old cleaning, hauling of clutter, even just planting a few shrubs can help fix your house’s aesthetics. Make sure that all circuits are working and the house is well- lit. You may also try putting on some fresh paint in your living room to make it look fresher. Real estate agents in cities like Atlanta would often advise their clients to fix their house’s landscape and even purchasing some paintings or furniture can help them stage their house.

 

  1. Refusing Any Negotiations

See if your house is reasonably priced. If buyers would see that the house is fair and reasonable enough for your asking price, then they would still try to negotiate for it. Keep in mind that most buyers will offer you way below your asking price. A few people would snag your offer right away just because they liked your property. Remember that most people will be paying a huge amount just to get a house, and they probably might be a little short because of it. So make sure that you come up with an amount that has a little allowance to your actual asking price so that you can try to settle in between.

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