Karen LaBar Baucum
                          Owner/Broker HERITAGE HOME REALTY Heritage Home Realty • Karen LaBar Baucum (Owner / Broker)  • Office/Fax: (760) 931-9398 Karen LaBar Baucum over 1,500 homes sold 30 years of experience you can count on DRE#00642806 OFFICE: (760) 931-9398 •  Home to buy smart
Home Selling Mistakes
Home Sellers' Biggest Mistakes & How to Avoid Them
By Elizabeth Weintraub,
People say the best days to own a boat are the day you buy the boat and the day you sell it. That's not true when it comes to home ownership, unless, maybe, you live on a boat. The best days in home ownership are when you buy a home and all the way through until the day you decide to sell.
Lots of home owners cry when they sell. Before the ink is dry on the listing agreement, eyes often swell with tears, and we're not talking about the listing agent. That's because sellers have developed relationships with their homes. Homes hold treasured memories. It's common for sellers to be very emotional about their home. Some are overcome by seller’s remorse. However, some sellers weep for a different reason. They sob because they can't sell their home.
Home is Priced Too High
 •    By far, the worst home selling mistake a seller can make is hanging the
wrong price tag on a home. If the home is priced too high, buyers won't
look at it. If it's priced too low, sellers worry that they'll give away profits.
•    Pricing a home to sell is an art. Part of the market value is based on
comparable sales, but other factors to consider include market movement,
demand, the home's location and its condition.
•    If the home is overpriced, buyers might submit lowball offers, which tend
to result in an immediate offer rejection. These extremely low offers tend
to infuriate and insult sellers.
•    Some agents deliberately overstate the value of a home and push a seller
to sign an overpriced listing. There are many reasons why agents do this,
but the bottom line is sellers lose a competitive edge when later reducing
the price. The bottom line is sellers who "test the market" get stung.
The Home is in Bad Condition
•    Getting your house ready for market goes beyond making the beds and
washing dirty dishes. Although I've seen plenty of homes with toys
scattered throughout and dishes piled in the sink; buyers can't get out of
those homes fast enough. There are at least 10 essential steps to take to
preparing the home for sale.
•    Some homes need updating and quick fixes. Doing repairs before resale can boost chances of quickly selling. If items are broken or buyers see deferred maintenance, they wonder what else is wrong. It's more expensive, actually, not to fix the house.
• Dressing your home for showings is called staging a homes.  Think of the process like arranging flowers in an attractive vase. If you or your agent lack the vision or ability to stage, consider hiring a professional home stager.
Home is Marketed Wrong
•    Whenever I see a badly shot photograph in MLS, and perhaps it's the
only photo, I want to shake the agent and scream, "What are you
thinking?" But agents and sellers make plenty of marketing mistakes.
•    The battle cry of frustrated sellers is: "Why isn't my home selling?" These
are likely sellers who are not employing marketing strategies designed to
expose a home to the largest pool of buyers. Here are 10 good marketing
tips that take the guesswork out of selling your home.
•    Once a buyer has entered a home, the marketing continues. To increase
the chances that a buyer will entertain an offer, here are 10 home showing
Seller Hired an Inexperienced Agent
•    You can hire a good listing agent or a mediocre agent. They all cost about
the same. Here are 10 reason to hire and agent.
•    If you want full-service, then hire a full service agent. If you are fairly
confident your home will sell without a full-service agent, then talk to a
discount broker.  Learn the difference between REALTORs® and real estate
•    Carefully read the listing agreement to make sure the agent who brings a
buyer is fairly compensated because one surefire way to make sure an
agent won't show your home is to offer a silly commission percentage.
•  Home selling path from A to Z •  Top 10 home showing tips •  Home selling mistakes