You have lived in a place you have called home for quite a time, possibly a number of years already. Memories fill every inch of that piece of property that by looking at each one of them, it can bring back emotions as if it just happened yesterday.
However, certain things in life can happen that may require you to let go of your house: a chance to live abroad, a new job in another city, or simply a need to relocate because the kids have already left and your once full house can be too big for you already.
There may be so many other reasons why the house needs to be sold, and it can be easy to think that the process is as simple as posting it on the market for properties but it’s not. With no experience in selling, plus emotional baggage on your hands, you’re very prone to making a lot of mistakes. Before you even commit that, let us point those now in order to pull off a smooth sale transaction.
See also: Top Mistakes First-Time Home Sellers Make
Not Hiring an Agent
One of the first things that you must do before selling your house is to get an agent. Sure, you will need to pay for their services, but a commission is not only about helping you find a buyer. For example, your agent can help you on deciding how to rearrange your home to make it attractive to the current tastes of potential buyers.
One problem of not getting this piece of advice is not hiring a trusted agent or consulting a real estate agency, which can make it harder and longer to get interested buyers.
One caveat though, don’t settle for the cheapest agent you can find. It will be best to find out their track record. Agent’s or agency’s network, visibility in the market, and ability to close deals are vital information which could help you decide if it is a go or no. As Henry Ford said, “it proves that you’re smarter than they are, when you hire people who are smarter than you.” It’s a matter of finding the right person to ask help from.
Not Doing Proper Redecorating
Once you and your agent have sat down and finished discussing the pre- and post-sale process, proceed on following their tips on how to prepare your property for a photoshoot. Decluttering your home spaces, trimming some overgrown plants in your garden, and repairing some damages are just some of the things that you will need to do as a seller.
Cleaning your property can also be done either by asking for your friends and family’s support or getting professional cleaners to do the job. Ranging from about $5 to $6 an hour, you can get your property in top selling condition just in time before the buyers arrive.
Not Taking Great Photos
Even today, pictures still paint a thousand words. Luckily, this can be done when you take great photos of your property that you have redecorated and cleaned up already. These photos can then be uploaded to social media, the most active online platform widely used by the mass. With the right agency of great network like IPS Cambodia, your property can have major exposure, whether through print or digital, which guarantees you a potential buyer fast and easy.
Sellers who use professionally-photographed properties for listing sell 32% faster than those who opt to handle it themselves and use low-quality photos. If you are not the type who can take stunning photos, then there are professionals who can help you get this done. Professional photographers can give you ideas on how to present your house the proper way. Before you hire one, make sure that you get references for the best one out there.
Not Doing a Pricing Homework
Over and under pricing your property can put you in a place where people in the market can skip your property for it’s either priced too high or it raises doubts because the very low price.
Competitively pricing your house making it comparable to homes in your area can help make your sale price more believable. This is why consulting with a real estate agency in Cambodia is going to be very helpful for you. It gives buyers the confidence to trust you since it shows that you understand the current market, and that you can meet their budget and preferences.
Preventing these mistakes can involve several activities and it can be tiring and overwhelming when you do it by yourself, especially without sale experience. IPS Cambodia offers these services for FREE. From property shoot to a closing deal, working with us can help make the process a fast and successful.
KH