Christel Renaud February 13, 2025
Here are 5 things you should NEVER do when putting your property on the market:
Setting an unrealistic price can scare away potential buyers. Overpricing leads to longer time on the market, and when price reductions are made, buyers may perceive the property or business as undesirable. Always price competitively based on market conditions and a proper valuation.
Failing to repair obvious issues or clean the property can result in a negative first impression. Sellers should avoid leaving a property in poor condition—buyers may see it as a bigger investment or risk, and it can lower the sale price. Presenting it well through cleaning, repairs, and staging is essential.
Trying to sell without the guidance of a real estate agent or lawyer can lead to mistakes in pricing, paperwork, or negotiations. Sellers should avoid going it alone, especially if unfamiliar with the selling process, to ensure legal compliance and a smooth transaction.
Sellers should avoid getting emotionally involved in negotiations. Rejected offers or lowball offers can feel personal, but it's essential to remain objective. Emotionally driven decisions could lead to overreacting or refusing reasonable offers that are still beneficial.
Sellers should never conceal issues with the property or business, such as structural damage, legal disputes, or financial liabilities. Being dishonest can result in lawsuits, buyer dissatisfaction, or even the deal falling through. Full transparency ensures a trustworthy and successful transaction.
By avoiding these mistakes, you can save yourself thousands of dollars and a tone of headache. Let me help 🙏
Christel Renaud | Christel Miami Luxury Living
954-799-3378 | [email protected]
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