When selling your luxury home, it’s important that you avoid these major mistakes. The cost to sell is already in the thousands and, if you want to save a little cash on real estate fees, we suggest you follow our advice. Here are our top tips for avoiding the four big mistakes luxury home sellers often make.
What Mistakes Do Luxury Home Sellers Make?
You might think that those with a big budget to buy a home are equally knowledgeable with regards to selling – but that’s not the case! Many of us make mistakes when selling our luxury homes because of lack of experience and knowledge. Do not panic! These are easy to fix – and mistakes are easy to avoid…
Let’s take a closer look at the four main mistakes luxury home sellers make and hopefully we can all avoid them ourselves, in the future!
Top 4 Mistakes in Selling Luxury Homes
1 – Being Overly Attached
Being overly sentimental with regards to selling is a mistake all house owners and sellers make – not just those of you who are lucky enough to part with a mansion. Business Insider has some professional tips on how to separate your emotional state from that of your home, getting you back on course with seller success!
2 – Using Junk Photos
If your home is a mess when the photographer arrives then schedule it for one more day. Didn’t hire a professional photographer? What are you doing? A shot of your room with the phone’s camera won’t work. Get a cleaner to spruce up the place and hire a real photographer. Better yet, ask a real estate agent to register your property. You’ll earn more because your property will be displayed in a professional manner.
3 – Overstating Home Values
Forbes Pricing above and below your home’s value is among the top three mistakes home sellers make. Before you sell, you should carefully check the market in your area. Check what homes in your neighborhood are selling that same size. Gather as much data as possible before you commit to selling. It will all work in your favor!
4 – Not Hiring Professionals
You would not try to fix a leaky faucet yourself – so why skip a Realtor when selling your home? Yes we do charge a fee yes its fully worth it In most cases the fees you pay your realtor will be refunded during the sale because you will not make that much if you sell yourself. Want to take advantage of the tricks of the trade? Then do not sell yourself otherwise you may sell yourself short.
Final Thoughts
To help you avoid these costly mistakes that luxury home sellers often make, it is a good idea to get a respectable realtor behind your back. Contact us today here Fortress Realty, Florida’s number one seller of luxury homes. All that stands between you and a full sale is knowledge – and as the most reliable luxury home seller on the market; knowledge is something we have with a bucket load.
