The Three Biggest Mistakes Sellers Make When Listing Their Home.

Selling a home can be a stressful and emotionally-draining process, especially if you’re selling a home for the first time. 

Without professional guidance, home sellers often make mistakes that end up costing them.  In this blog post, I’ve listed three of the biggest mistakes people can make when trying to sell their home in the Edmonton area. 

1. Price 

The most common mistake people make when trying to sell their home is overpricing their property. 

 

Many home sellers are unfamiliar with the ever-changing housing market in Edmonton and often think that their homes are worth much more, or much less, than they actually are.  The same house can vary by 10s of thousands of dollars in one community, let alone across the city.

 

If your home is overpriced or doesn’t match market value, you risk losing out on potential buyers who will see your home when it’s fresh on the market.  With today’s inventory, buyers will not look at homes that are overpriced as there is just too much selection. The best chance for getting you the most amount of money is when the property is newly listed…so it has to be priced right. 

 

To make sure your home is priced right, the best thing you can do is hire a Realtor and have them give you a market evaluation on your home. They will help you price your home correctly from the get-go, so you can ensure that your home is being seen by as many prospective buyers as possible, and that you are getting fair market value for your home. 

 

2. Condition

When selling your home, it’s your job to make sure that it is in great condition for potential buyers, especially if you plan on showing your home. 

 

Put yourself in the shoes of a potential buyer and think about what easy changes you can make to spruce up your home before you put it on the market. 

 

This could be as simple as giving your walls a fresh coat of paint, steam cleaning old carpets, or giving the backyard a little landscaping love. 

 

If you’re having trouble seeing your home from the buyers perspective, ask a close friend or family member to tour your home and give you their unbiased opinion of what they think could be updated or changed. 

 

3. Marketing  

In order to sell your home, you have to make sure that potential buyers notice it. That’s where marketing comes in! 

 

Advertising your listing online and posting high-quality photos will help garner showings, but marketing a property is way more than this.  It truly takes an experienced Realtor to be able to look for potential buyers, know how to cross-sell by asking the right questions from every inquiry, and so much more!

 

Are you looking to sell your home in the Edmonton area but not sure who to hire? As one of Edmonton’s top REALTORS, I have the experience to sell your home for top dollar as fast as possible. 

Contact me (Jeneen Marchant, Re/Max Real Estate) by phone: (780) 904-4240 or by email: jeneens@remax.net

Hi, I’m Jeneen Marchant!

I’m here to help you find you during your next Real Estate transaction.
Home ownership is a beautiful thing and I love seeing my buyers happily opening the door to their new home on possession day. I also get great satisfaction from helping my sellers get the best price possible for their home when it is time to move on to another property.