Likely Reasons Why People Putting Up Plano TX Homes for Sale are Striking Out

Owning a house consists of two major junctures: the day you buy it and the day you sell it. Both involve a rigorous process, but selling can be more emotional due to your attachment to the property over time. Your emotions may get in the way of selling, clouding your judgment and making you commit mistakes. In fact, sellers tend to make at least three costly mistakes when listing their Plano, TX homes for sale.

Mispricing

Buyers initially look at two factors when shopping for a home. One is the overall condition and look of the house. The other is its price tag. Overpricing and underpricing can be costly. When the price is too high, buyers won’t even consider it. When the price is too low, on the other hand, doubts and worries arise, especially on the side of the sellers who fear that they’re losing potential profits.

Before posting a for-sale sign, determine the best price for your property by considering factors such as location, condition, market movement, and demand. Avoid testing the market. Sellers who lower the original price usually lose their advantage against others who are sure about the value of their properties.

Poor Aesthetic Appeal

More than with a business, selling a house is an art. This means you need to make it attractive enough for buyers to drive to the property and personally see it. Therefore, staging your home is important. Think of it as dressing up for the grand ball—except your house is the star. It is then more likely to evoke an emotion and impression from buyers. They are tempted to imagine how living there might be.

Don’t forget all the necessary repairs and maintenance work as well. Just because you’re selling it doesn’t mean you can let maintenance slide. Quite the opposite. Taking maintenance for granted can be costly since buyers may offer a lower price when they see a slight leak, clogged sink or and outdoor drainage issue.

Misguided Marketing

In any type of selling, marketing is crucial. Don’t expect buyers to give you a call when your online listing consists of only a single, low-quality photo. This may not even receive a second look from home shoppers. If possible, hire a professional photographer to take quality photos showcasing the best assets of the house. Remember, this is your hook; make it enticing.

Home sellers are in for tough competition, given the dynamics of the Plano, Texas real estate market. As long as you know the pitfalls to avoid, you’ll be on the right track. Also, teaming up with experienced real estate experts like Nu Home Source Realty can give you an edge. Call us today at 1.866.761.5217.