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Mistakes to avoid when selling a house

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Text from 2019. Laws, rates and prices may have changed since then. Ask an agent

Mistakes to avoid when selling a house

A safe, profitable and relatively quick sale of a house requires not only knowledge, but also experience. Failing to complete certain formalities and overlooking important elements of the transaction can cause considerable losses for the seller. That is why below we present the mistakes to avoid when selling a house.

1.No plan for selling the house

The main aim of a person selling a house is to complete the transaction in the shortest possible time and achieve the intended sale price. Actions that are ill-considered or taken on impulse can work against achieving the intended goal.

That is why it is worth planning each successive stage of the sale, starting with setting the asking price of the property, through collecting the documents needed for the transaction and preparing the house for sale, to the steps involved in handing the house over to the buyer. To avoid any surprises connected with the sales process, it is worth asking an experienced estate agent for help. Working with a reliable and professional agent will let you avoid the mistakes covered in the following points.

2.Overstating or understating the price of the house

Setting the asking price incorrectly and assuming too high a transaction price are the mistakes most often made by people trying to sell their property on their own. A price that is too high will put off potential buyers right from the start, while a price that is too low will cause an unnecessary loss of part of the profit.

The asking price is a variable resulting from four factors: demand, the market situation, location and the technical condition of the house. When setting the price of a house, each
of the above aspects must be taken into account. That is why it is worth turning to an experienced agent working in the area where the house is located. The right price will speed up the sale, and thanks to professional support the negotiated price will be higher, which will fully make up for the agent’s commission.

READ ALSO – PROPERTY VALUATION METHODS

3.Offering a house that is not ready for sale

Potential buyers usually decide to buy a house on impulse. That is why the first impression is such an important matter. A house with dirty windows or walls in need of refreshing will not encourage buyers to purchase. So before posting your listings, consider whether the house looks attractive from the point of view of a potential customer. If you want the property to delight the people viewing it, use a Home Staging service – that is, professional preparation of the property for sale.

It is also important to put the property’s legal status in order. For a house to be sold, its legal status must be in order. All the steps involved in sorting out the legal status and completing missing documents should be taken before you start marketing the property.

Selling a house in Sosnowiec, Warsaw, Zabrze or Kraków is a difficult task, but if you avoid the mistakes listed above, it will certainly turn out to be easier than it seemed at first.

If you have doubts about selling your house, contact a professional agent at the estate agency in Katowice, REMAX Gold. Our agent will not only value your property accurately and complete all the formalities for you, but will also promote your house and offer advice whenever you need it.

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