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Common Selling Mistakes



Mistake #1 -- Placing the Wrong Price on Your Property
Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.

Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value
Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your home could actually be lower. Your best bet is to ask your realtor for the most recent information regarding property sales in your community. This will give you an up-to-date and factually accurate estimate of your property value.

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Common Selling Mistakes

There are some common errors that can be avoided when you are selling your home. I want to make sure you are well informed.


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Charlotte & Jim Koch
Residential Realtors®

Keller Williams® Realty
Greater Cleveland Southwest
18318 Pearl Road
Strongsville, OH 44136
(440) 289-4271 Charlotte Cell
Email Charlotte & Jim Koch

 


Serving all your real estate needs in the following counties and cities of Northwest Ohio:
Cuyahoga County, Southwest suburbs of Ohio, Strongsville, Middleburg Heights, Parma Heights, Parma, Brooklyn Heights, Brooklyn, Brookpark, North Royalton, Seven Hills, Berea, West Park, Rocky River, Fairview Park, and beyond.

This site is provided as a public service and does not constitute an agency relationship between Keller Williams® Realty Greater Cleveland Southwest or its Realtors® with members of the public. All property information is subject to change in sale terms, prior sale, or withdrawal without prior notice. The information is deemed reliable but not guaranteed.

 

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