Selling a home can be a daunting and intimidating process for first-time sellers, full of difficult steps and negative emotions. With the stress you may encounter along the way, it can be easy to make some common mistakes, so you’ll want to be as prepared as possible before that happens. Here are seven common mistakes first-time sellers make and how YOU can avoid them, saving you time, money, and headaches.

  • Not hiring an Agent
  • Neglecting to Stage Your Colorado Home
  • Letting Emotions Take Over
  • Lack of Listing Photos
  • Having Improper Insurance
  • Setting the Wrong Price for Your Colorado Home
  • Selling to Unqualified Buyers

Not Hiring an Agent

With the constantly shifting and fluctuating market of Colorado real estate, you’ll want to have a qualified agent by your side to help guide you and get the most for your home. A good agent will always have your best interests at heart and help you set a fair but competitive selling price for your home. An agent can also relieve the burden of the process’ more difficult steps by dealing with potential buyers and eliminating those who are just “lookers,” or anyone who isn’t really interested in buying a home.

Neglecting to Stage Your Colorado Home

The numbers don’t lie! Staged homes sell 50% faster than non-staged homes and can fetch 6.9% more money. That’s why you should make sure your home looks its best when potential buyers come to visit. So take some time to get your home’s interior fully polished and refined. A good place to start would be to address subtle issues like fixing any paint chips and switching out any dead lightbulbs, but you can also make some larger changes as well. If your house has furniture, you’ll want to arrange it in a way that accentuates the best features of your home.  As we always tell our clients, you will never get a second chance to make a first impression, so don’t underestimate the importance of staging!

Letting Emotions Take Over

Many people, understandably, find it difficult to keep their emotions in check when it comes time to say goodbye to their beloved Colorado home. However, it’s important now more than ever to think of yourself as a business person or salesperson rather than a homeowner during the process. If you can look at the transaction as a purely financial one, you can more easily distance yourself from the emotions of selling and reduce any stress, confusion, and frustration that may come with selling your home.

Lack of Listing Photos

The single most important thing you can do to market your home to potential buyers is to have professional photos of your home. Buyers use the internet to search for new homes, so photos will likely be the first thing that catches their eye. Therefore, a lack of photos of your home will make it harder for buyers to imagine themselves living there, and it might keep them from getting interested in what your property has to offer. Your photos should be crisp and clear, showcasing your home’s best attributes, so you’ll want to look into hiring a professional home photographer in the Colorado area to help you with this part of the process.

Having Improper Insurance

All sellers should absolutely be insured in case someone suffers an accident while viewing the home and tries to sue for the damages. In addition, you should treat obvious hazards to your property and take steps to mitigate them before anyone gets hurt. If there’s snow or ice on your porch or driveway, take the time to have it cleared before anyone visits your home!

Setting the Wrong Price For Your Colorado Home

Overpricing is one of the most common mistakes that new sellers make. After all, everyone wants to get as much money as they can for their home, but setting too high a price may result in less offers, meaning less money for you! Luckily, this shouldn’t be a problem if you hire a qualified agent who uses comparative marketing analyses to help find a price for your home based on what similar homes in the area are going for. They may also utilize strategic price points to make your home’s price more attractive to buyers. Don’t worry if your home is set at a slightly lower price than what you hope to receive, as this may attract multiple offers, bidding the price up to—and possibly above—fair market value while buyers compete with each other. If you sell with EmpowerHome Team, Your Price is Our Promise®. We will get your home sold for 100 percent of your asking price, or we will pay the difference!* Click HERE to learn more.

Selling to Unqualified Buyers

Whenever you sell your home to someone, it’s good to make sure they’re pre-approved or have proof of funds before you hand over the keys to your largest asset. Otherwise, you run the risk of finding yourself in a tough bind and losing money. Luckily, EmpowerHome Team has a state-of-the-art database of over 14,466 pre-approved Buyers in Waiting in the Colorado area. When you list with us, we will leverage our extensive database to get you top-dollar for your home, selling FASTER and FOR MORE

If you are considering selling your home there is no one better than EmpowerHome Team. We can help you sell FASTER and for TOP DOLLAR! Selling a home can be stressful, especially when your home sits on the market. We sell our listings 3 times fast and, on average, for more than when you work with another team by leveraging our database of OVER 14,466 qualified buyers in our Buyers in Waiting database! 

Did you know that only 48% of homes that went on the market last year sold the first time with the first agent they hired? Most sellers last year had to call a 2nd or 3rd agent to get the job done, or even worse, not sell at all. The agent you hire the first time matters! EmpowerHome Team sells 98% of our listings the first time, so when you hire us, your home is more likely to sell fast & for top dollar! To find out what we can do for you, Text or Call us at 303-529-0697!

Your Home Sold for 100% of the Asking Price or We Will Pay You the Difference!* Click HERE for more details.