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Thursday, September 3, 2015

How To Avoid The Top 3 Mistakes Home Sellers Make When Selling


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 If you are looking to hire an accountant or a doctor, you are going to want the most qualified professional in charge of your well-being. The same goes with real estate. There are a lot of agents out there, so today we are going to tell you some of the biggest mistakes that home sellers make, in the hopes that you don't make them as well. Here are the top 3:

1. Hiring an agent who is a family member or friend
You may not want to hear this, but friendship alone isn't enough to establish professional credentials. You have to use tough standards to find the best agent who will provide you the best service, and sell your home for the most money. 



2. Hiring an agent that promises to list the home for the highest price
A higher price point always sounds good on the surface, but you've got to dig a little deeper to find the true value in this type of offer. Anybody can tell you that your home will sell for X amount, but not everyone can prove it with numbers and data. The one who can prove they can sell your home for more money is the one who will actually do it. 

3. Hiring an agent with the lowest brokerage fee
Although it might sound good to hire someone because they have the lowest price, that doesn't always mean much in terms of what you get. What I'm trying to say is you get what you pay for. While a low rate broker may put a For Sale sign in your yard, host an open house, and even put your home on the MLS, that's about all they are going to do for you. If you're saving 1% on the commission, but your home ends up selling for 5% less than it would have by hiring the best agent in the first place, you are losing 4% at the end of the day.

When looking for an agent to hire, interview them. Find out how they are different from the next and what they are going to do to get you a higher sales price. If you have any questions for us, feel free to give us a call or send us an email anytime. We look forward to hearing from you!

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