The No-No's In Selling Your Own House

Whether you are transferring to another community or just in it for profit, you have only one goal in selling your own house: to get the best offer available. There are those who get to this goal extraordinarily fast, but there are others who wait for a long time to even hear a good offer. And they ask, why is my house not selling This can be quite a problem especially if they have to move out soon and the tax, insurance, and mortgage payments are getting bigger the longer they stay.

If you find yourself in this kind of situation, you need to get to the root of the problem and ask, what am I doing wrong Maybe there is one thing you overlook or overdo. Although selling your own house is generally not an easy task, you can at least make it a little more manageable if you avoid these mistakes.

1. Price your house too high. An overpriced house normally doesn't make good offers and is often rejected by buyers. Studies seem to confirm this and say that houses priced three percent higher than the correct price take a long while to sell. So unless you want to keep the house longer, set a correct and realistic price. Be honest and try to think objectively. If you were in the buyers shoes, would you consider buying the house at the price you wanted? Sell the house for what it's worth and not for your desired profit.

2. Advertise your house poorly. Where and how you advertise your house determine how fast you can sell it. Are your advertisements in places where your target buyers are? Do they market your house well? Do they call attention to begin with? Change the photos if you need to. Look for venues that can provide the most exposure to your house.
If you have problems selling your house, maybe you are not maximizing the potential power of advertising.

3. Don't prepare for staging. When you put your house on the market, it is automatic that potential buyers would like to come and see it; therefore, make sure your house is as presentable as you can make it for staging. Potential buyers are easily turned off at the sight of messy sinks, shabby carpet, cracked wall paint, or broken door knobs. Before you even advertise your home, first de-clutter, clean, and repair. Go from room to room and see how you can improve each one of them. Rearrange your furniture or buy new stuff if necessary. You should also depersonalize your house, in which case, you need to put away toys, photos, trophies, souvenirs, and other personal things. Your goal here is to allow your potential buyers to imagine themselves living in your house, and any trace of the present owner may not encourage this. Preparing your house for staging requires some amount, but think of it this way: a well-staged home returns the investment a lot quicker.