By HELEN KARUBA
•
January 2, 2025
Thinking About Selling Your Home? Let's Clear Up Some Common Myths! Selling your home can feel overwhelming, especially in today’s shifting market. Whether you’re just considering selling or have been trying without success, here are a few things to keep in mind: 1️⃣ “The Best Time to Sell is Spring” Not always! The best time to sell is when you’re ready . Every seller’s situation is unique, so focus on what works for you. Many people need to sell in order to buy. There are several ways I can help ou do a "buy before you sell" process. There are also ways to construct a "contingent" offer. Meaning your purchase contract is based on the sale of your current property. 2️⃣ “Remodeling Will Always Increase Your Sale Price” Not necessarily. Many sellers invest money in upgrades that don’t add value. They may be the wrong upgrades for the current market, or for the local competition. It’s important to focus on cost-effective improvements that matter to buyers. Doing necessary repairs is different. this is one major area an experienced Realtor will guide you. 3️⃣ “Price Your Home High to Leave Room for Negotiation” Wrong! Overpricing can turn buyers away and cause your home to sit on the market longer. Proper pricing is key. When you over-price our home, you reduce the number of buyers that will see it. That in turn needs to price reductions, longer sale times, and the final price you will get. An esprricned Realtor shuld know how to price your home effectively to bring in buyers that are looking in your neighborhood. Not true! It’s about the individual agent’s expertise, not the size of the company. 4️⃣ “Larger Brokerages Are Better” Not true! It’s about the individual agent’s expertise, not the size of the company. Many s mall er broker ages offer better resources for their agents to make them [productive. Speaking of Realtors, see below! 5️⃣ “All Realtors Are the Same” Absolutely not! You need someone with experience in pricing, staging, marketing, negotian, and navigating this market to ensure your success. There are over 50 outs in a real estate contract. There are many pitfalls. Where a Realtor can NOT give legal advise, an experienced Realtor can guide you based on their knowledge and experience. As a 30 year Realtor, I can 100% claim that! 6️⃣ “Online Home Value Tools Are Accurate” Not entirely. Tools like Zillow’s Zestimate can be off by thousands. A Realtor’s market analysis gives you a more accurate price. 7️⃣ “Staging Isn’t Necessary” Wrong! Proper staging can make a huge difference by helping buyers envision themselves in your home. 8️⃣ “Your First Offer is Always Low” Not true! In many cases, the first offer is the best offer, especially if your home is priced right and marketed well. 9️⃣ “Selling ‘As-Is’ Means No Work Needed” Even in an as-is sale, buyers expect a certain level of upkeep. Neglecting repairs can lead to lower offers. 🔟 “You’ll Save Money Selling Without an Agent” For-sale-by-owner (FSBO) homes often sell for less and take longer. A professional agent can save you time and help you net more. Plus, a qualified agent knows the pifalls in a transaction and os thiere to keep you out of them! So, if you are considering selling your home, contact me today. Let's talk about your options!
