Exaggerated expectations about the price, poor quality of the ad and photos in it, lack of comfort for the viewer and reluctance to incur financial expenses – these are the most frequent mistakes of people selling the house. No wonder that in some cases, long quarters go by, and the property still does not find a buyer. If you search by My Conveyancing Specialist then it is for sure that you will have a proper result.
Selling a home by itself is more difficult than housing, and this is due to the changing market trends (different architecture, drop in demand for large multigenerational houses) and lower demand a house tailored to your own needs can be relatively easily built, which is practically impossible in the case of a flat. However, the sellers who make a lot of mistakes make it difficult. Home Broker draws attention to the most common.
Exorbitant financial expectations
The most frequently repeated mistake of people who would like to sell a house is a complete detachment from reality regarding the price of real estate. The house is often sentimental, and the sellers are not able to get rid of emotions; the value of real estate refers to their own feelings and not market realities. The matter is made difficult by the fact that a lot more work and effort is put into the house than in a flat, so we try to monetize it.
People who want to sell a house efficiently should get rid of sentiments and put on market valuation. This is not easy, because the home market is much less standardized than housing. Houses are harder to compare, and there is a lot of lands. The best method for an objective valuation of your home will be to use the services of an appraiser. Such a person knows the market, has access to any data and does not take into account emotions.
Unattractive content of the advertisement
In order for anyone to become interested in a home being sold, they must first view the sale advertisement. Those who prepare them often focus on the advantages they see, instead of looking at the property objectively. Advertisements often lack a clear house plan with an accurate drawing of rooms, and for buyers, it is very important. It is also important to shape the plot, its exact dimensions, and current development.
Some of the sold houses completely do not meet the expectations of today’s buyers. The most sought-after are houses with an area of up to 150 sqm. Selling a 200-meter “brick” from the 70’s Can, 80’s not easy. Having such property, one should focus on its other advantages, such as location or attractive plot. As a last resort, the only argument may be at a low price.
A common mistake is too short and too little detailed description of the property. It should include as much information as possible about not only the house itself with details of individual floors and rooms but also the adjacent, plot, garden, and location. Other important information is access to communication, shops, educational facilities, and recreational values. Many ads do not contain specific information about the time and technology of building a house or carried out renovations, and these are things that interest buyers.