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Top Mistakes Homeowners Make When Selling Their Home

By: James Abbey, July 2, 2015

According to recent surveys, around 85% of homeowners believe that their homes are an exceptional financial investment. It is the single biggest asset in the lives of many people and according to the National Association of Realtors (NAR), the average person lives in their house for a decade before deciding to sell it. However, if people want to get a significant return on their investment, they need to be smart when they are selling their homes.

So here are the top mistakes that homeowners make when they are selling their homes:

Not Being Realistic about Your Home’s Value

A lot of people set an unrealistic price of their home, and that hinders in selling of their house. If you end up setting the price high of your home, then it is fairly like that you are not going to get many offers from buyers. So what is a good way to find out if the price is too high? According to real estate agents, if you haven’t gotten an offer within a month, it is likely that you have set an unrealistic price of your home.

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Not Making Your Home Look Its Best

Every homeowner knows that in order to sell their home, they will have to make sure that it looks flawless. If you want to get the maximum value in terms of price for your home, then make sure that you increase the curb appeal of your home. Make sure that you get every aesthetic problem fixed and have your home looking its best to attract potential buyers.

Refusing to Negotiate

When you are selling your home, you should leave yourself some room to negotiate, especially if you want to sell your home quickly. A house that sits on the market for too long will not have many buyers interested, so be fair and reasonable.

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