It's well-known that buying a new home can be a difficult experience, but selling can be just as challenging. Homes often carry a lot of emotional value, not to mention often being the biggest asset Alberta families own. According to residential real estate experts, there are a few common mistakes sellers can make that cost them money in the sale.
The most critical mistake is putting the wrong price tag on a home. It can be difficult to nail down a price in the ever-changing world of residential real estate, so researching multiple sources is a good idea. Look at competing homes showing in similar areas as well as comparable homes that have recently sold. This is data a real estate agent can often provide those getting started with their price.
In home selling, appearance matters. Staging a home can make a big difference in whether a potential buyer can see themselves living there. Packing away personalized family photos and making such it is a clean space are critical to help those who walk through see the potential of the space for themselves.
There are many other mistakes that can cost Alberta sellers money, like using low-quality photos in their ads or making an overly emotional decision about who to sell to. Independent professionals with real estate experience and an objective point of view can help sellers avoid these traps. One professional that every residential real estate seller needs is an Alberta lawyer, so connecting with them early on in the selling process is a good idea to make sure everything goes smoothly in making the deal.