Selling A House, The Common Mistakes ~ Real Estate Facts


Google

Tuesday, July 28, 2009

Selling A House, The Common Mistakes

When selling a house there are many common mistakes that the seller might make. One common mistake a seller might make when selling a house is pricing the house too high. If the house is too high in price it will take longer to sell or it might not sell at all. It is recommended that you know the property value of the area. One way of finding out the property value of the area in which the house is located in is researching. Some places you can research are in a local newspaper and on the internet. When researching in the local newspaper and on the internet, look for what similar houses in the area in which the house is located in sell for. This will give you a clue on the property value of the area.

Another common mistake a seller might make when selling a house is spending too much money fixing up the property to sell. Fixing up your home can get you a higher price and make more buyers interested in your home, but the improvements you do should be cost affective. The improvements you do on the house should add more value than the cost of the improvements. By keeping this in mind all the improvements should pay for it self when it is time to sell the house.

One last common mistake a seller might make when selling a house is not advertising that the house is for sale. If you have a real estate agent you might think it is his or her job to do this, but if you manage to sell the house without his or her help you can save a lot of money in commission fees. Some places you can advertise are the local newspaper and the internet. Advertising does not have to be expensive; most local newspapers are inexpensive to advertise on. When it comes to online advertising it has some sites where you can sell your house and it doesn’t cost a thing. There are many common mistakes a seller can make when selling a house, with the right knowledge and the right actions these mistakes can be avoided.

No comments:

Post a Comment

Selling A House, The Common Mistakes ~ Real Estate Facts