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Spring market is upon us, so very few things can now stop you from listing your property for sale. Yet, there are some issues you should think about, if you do not want your home to stay listed forever. Read below to discover which the common Kitsilano home sellers’ mistakes are and what to do to avoid them. Mind the following traps and you will surely have tens of potential home buyers who are eager to move in as soon as possible:

  1. 1.       Quoting an Unacceptable Price

Inaccurate evaluation is probably the biggest pitfall for most home sellers. Both overpricing and underpricing are huge mistakes that can make you either lose money or wait for years until somebody who has decided to relocate in your neighbourhood buys exactly your home. Do your homework and try to understand the prices of the properties alike on the Vancouver real estate market. This will help you determine a price which is reasonable for both parties.

  1. 2.       Skipping Important Disclosures               

Being afraid to disclose all the deficiencies of your home is the second mistake that can cost you a considerable amount of money. In case the buyers find some imperfections after they have moved into the property and suspect that you have known about them, you will probably have serious problems. Basement water leaks, hidden mould and mildew, nasty bugs, etc. will be detected sooner or later and if the new owner can prove you misled them, you can expect a lawsuit. It is better to be sincere about the issues of your property and thus show potential buyers they can trust you. People are more likely to purchase from honest and reliable sellers. Plus, you will be able to negotiate with the potential buyers who will eventually move in and pay for the necessary builders work.

  1. 3.       Uploading Mediocre Photos

However sophisticated your cell phone camera is, please do not attach amateur photos of your property. Most buyers’ first step is to search the internet for suitable homes and this is why listings with unprofessional pictures usually get neglected. First impression is really important, so why don’t you invest in hiring a photographer who will catch the most beautiful sights of your home? Home buying is something very few people will make a compromise with so do not think that your property will be very appealing, in spite of the dull pictures you uploaded. Presenting your property in the best possible light is a crucial element that should make people want to move in right away and settle there. 

  1. 4.       Listing a Dirty and Cluttered Property

Clutter and filth can really ruin the appearance of your property and will undoubtedly turn most potential buyers off. Spend some time on cleaning and decluttering and you will see the difference. Your home will start looking more spacious and luxurious and there will be a great chance for you to quote a bit higher price than the one you initially planned for. All those stuff you got rid off will prove very beneficial to the future deal.

 

  1. 5.       Trying to Sell On Your Own

Last, but not least - managing the selling process on your own is also not recommendable. It is much more likely for your property to be quickly sold if you hire an experienced real estate agent to represent you. Statistics shows that sellers who choose to do the task by themselves have their properties on the market for much longer and often close the deal at a lower price, compared to those who have turned to experts.

 

Don't wait until the last minute-call today for a complimentary Real Estate Check-Up. 604-910-7777

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