6 Costly Mistakes When Selling your Waterfront Condo in Key Biscayne
Selling your Waterfront Condo in Key Biscayne? 6 Costly Home Selling Mistakes to Avoid
The first advice most home sellers get is to start thinking as a business person rather than as a home owner. This may not be an easy feat especially if you’ve been happily living in your waterfront condo in Key Biscayne for a number of years. But this is actually a sound advice. One that can help you avoid serious, costly mistakes during the sale.
Here are some mistakes you can watch out for:
Not hiring the right agent. If you’re planning on selling your home on your own but does not have any previous home selling experience, don’t take the risk. Better let the professionals take the reins. Choose a real estate agent with the right local market knowledge and credible sales experience. He or she can help you establish the best price, negotiate smartly and guide you through the whole process. As you might be sharing some really personal information with your agent, it would also be helpful if he or she is someone whom are really comfortable with.
Skipping a home inspection. No matter how well-maintained your waterfront condo in Key Biscayne might be, don’t skip having a home inspection. Not only will it give you a current update of your home’s condition, it will also give you a chance to address immediate concerns and provide you with greater negotiating power.
Setting an unrealistic price.It’s hard to sell an overpriced home and with so many information readily available online, potential buyers can easily tell if your home is overpriced or not. Your home is only worth it’s market value, no matter what’s in it or how much your mortgage is, so better set a realistic yet, competitive price.
Getting too emotionally involved. Emotions and sentimental value tend to get in the way of a successful sale. Why? Because they make homeowners take things personally. It’s hard to take negative comments and criticisms about a home you hold dear to your heart. So if you want a smooth, successful sale, put aside any emotional entanglements and treat the sale just like any other business deal.
Not preparing your home. This is probably one of the most serious mistake a home seller can make. The truth is, potential buyers are very observant and critical, that’s why it’s important to create a positive first impression. Make sure your home is clean, organized and clutter-free. You can also stage your waterfront condo’s interior to make it look more inviting and attractive.
Not having a back up plan. After the sale, what? Do you already have a new place to move into? Where do you plan to put the proceeds of your sale? Failure to plan ahead can be one of the biggest mistakes you’ll make as a seller.
The right preparation is the key to a successful sale. In avoiding the mistakes listed above, you’ll have bigger chances of having a smooth transaction and gaining the best deal for your home. You can check out other Key Colony Key Biscayne beachfront condos in this site, www.MiamiRivieraHomes.com.
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