If you’re thinking of putting your home on the market, here are five home-selling misconceptions that you shouldn’t believe:
1. Selling your home on your own is easy. There’s more to selling your home than sticking a “For Sale” sign in your yard. Also, homeowners who try selling their own home tend to overprice it because they’re too emotionally attached to it.
When you hire a professional, they can advise you about what it’s going to take to truly maximize your sale price. 89% of all homes are sold by Realtors, so if you hire a good Realtor, they’ll earn their fee. In the end, it’s not about saving money on commissions, but about making the most amount of money from your home sale. Plus, we Realtors can screen the buyers coming through your house while it’s on the market and make sure they’re pre-approved.
2. Sellers know best what their home is worth. A lot of sellers prefer to price their home based on what they’d like to net from its sale. Ask yourself, though: When you were buying your home, did you ever think about what the seller needed to net from the sale? Of course not—buyers don’t care about that sort of thing.
“89% of all homes are sold by Realtors, so if you hire a good Realtor, they’ll earn their fee.”
3. It’s fine to sell your home as is. The market is shifting, so your home needs to be in perfect condition to attract buyers and sell for top dollar.
4. Your home needs major remodeling before you list it. In reality, there’s no need for an overhaul. You just need to focus on decluttering, depersonalizing, and giving the home a good, deep cleaning.
5. The best time to sell is during the spring. This myth is especially untrue here in Hawaii, where our weather is beautiful year-round. As long as you price your home properly, present it properly, and you have a team of professionals working for you to market it properly, any time of the year is the best time to sell.
As always, if you have any other questions about this or any other real estate topic, don’t hesitate to reach out to us. We’d love to help you.