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What Mistakes to Avoid When Selling Your Custom Built Home in WA

Written by Posted On Monday, 11 December 2017 20:42

Selling your home could be a daunting task. It takes a great deal of time and effort. Many properties dwindle on the market for months, even years. Learning these mistakes to avoid will result in a successful sale.

 

1. Overpriced property

 

Ask yourself this if you are the buyer. “Is this property worth the price”?

 

Setting the sale price too high can reduce the number of interested buyers. Your property could sit idly on the market for months, even years. Home buyers might not even schedule a visit!  

 

Eventually, you will have to drop the price anyway.

 

An experienced realtor can help with this. With their knowledge of the current market, they can definitely help you set an appropriate price for your property.

 

2. Unkempt property

 

A lot of home buyers become disappointed with a neglected, unkempt house.

 

Clean and get rid of the clutter. Make sure it’s in its best shape.

 

Start your long list of staging your house before putting it on to the market.

You can hire a professional stager or you can do it yourself.

 

3. Maintenance issues

 

This is one mistake home sellers do that frightens buyers away. Buyers will definitely see the holes in your wall and your leaking roof.  

Realistically, they want a property ready for moving in.

 

Maintenance is one long list of to-dos. Invest some money in basic refurbishments.

 

This way, you will be confident to present your custom built home for sale.

 

4. Overcapitalizing

 

Spending too much on upgrades and refurbishments could backfire. It’s best to ask your realtor how you could avoid going overboard with repairs.

 

Evaluate potential gains and losses and make sure it’s within your acceptable range.

 

5. Not advertising

 

How fast you sell your house depends on how you advertise it. You could have the perfect property in town but you don’t attract buyers.

 

Entice them with a variety of advertising methods including internet listings, newspapers or even signage outside your home.

 

You may find custom built homes in Warrenton VA on internet listings.

 

Give your home for sale social media exposure. Most realtors use Facebook, Pinterest, Youtube, and real estate websites to obtain potential buyers.

 

These social media sites will help you get the word out that you are selling your property.

 

6. Unavailability

 

If your property is already on the market, do not assume that the sales process will proceed without you. Some buyers opt to view your house at odd times of the day and night.

 

Be flexible when appointments for viewing are scheduled. You may arrange to have the viewings handled by your real estate agent if you are unavailable.

 

7. Not understanding current tax laws

 

Do not let your excitement drive you into putting your custom built home on the market.

 

Selling a home is a taxable event.  Learn how you can get additional information on determining the cost basis of assets, capital gains, and closing costs.

 

It is equally important to have an exit strategy.

 

Avoid these serious mistakes when selling your custom built home in Warrenton WA. You will find yourself in a win-win situation during the selling process.


Enlist the help of an experienced REALTOR®. Call Allison Jensen now at 703-200-3120!

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