Mistakes to avoid when selling your home

Selling your home can be emotionally challenging. Buyers will come into your home and criticize a place that has probably become more than just four walls and a roof to you, and then, they will offer you less money than you think your home is worth. 

A first home sellers can make some mistakes, here are some tips to avoid them:

Contracts: it is very prudent to accept only one offer at a time. If a buyer comes with a conditional offer on the sale of his house, you can accept a second offer with sending a written notification of 48 to 72 hours to the first buyer.

Emotion: When selling your home start thinking of yourself as a homeseller rather than as the home's owner. By looking at the transaction from a purely financial perspective, you'll distance yourself from the emotional aspects of selling the home.

Price: setting the right asking price of your home is key. Buyers will do a comparable listing, remember when you bought this house, you have done a market analysis to figure out a fair offering price? Buyers will do this for your home. Set it right!!!!

Hiding problems: Any problem with the property will be uncovered during the buyer's inspection, so, DO NOT HIDE THEM. Either fix the problems,or price the property below market value, or list the property at a normal price and offer the buyer a credit to fix the problems. To avoid costly surprises, have your home inspected before listing it.

Forgetting to clear the snow: Snow can look beautiful on trees, but driveways and walkways should be cleared as soon as the flakes fall. Buyers should be able to move freely during the visit. It's important to remember all the outdoor paths and patios around your home.

Unqualified Buyer: you can expect a buyer to bring a pre-approval letter from a mortgage lender showing that he is qualified to buy the home. Signing a contract with a buyer whose purchase of your home is contingent on the sale of his or her own property may also put you in a serious bind if you need to close by a particular date.

Visits: Same problem should not be repeated during the next visit. Each visit provides an opportunity to improve the next visit.

Pets: before you start welcoming visitors into your home, try to keep your pets outside the house, or send them to stay with relatives until visitors leave.

Not accommodating potential buyers: you need to accommodate all potential buyers, even if it is inconvenient for you. You have to clean the house before every visit. A buyer won't know and won't care if your house was clean last week if it isn't clean when he or she views it. Stay focused on the price.