Your Home Sold Guaranteed Realty - Reeds Real Estate

5 Worst Mistakes When You Try to Sell a House in Virginia Beach

5 Worst Mistakes When You Try to Sell a House in Virginia Beach

Very often, there comes a time when a homeowner decides that they need a new home. The current home may have become too small or too big, they may have acquired a new job in a different city, they may have gotten tired of the neighborhood they were living in, or any other of a number of reasons can lead to the sale of a home. 

When you try to sell a house in Virginia Beach, it is vital that you work with an experienced professional who can make sure that you are accounting for everything throughout the process. Our team at Your Home Sold Guaranteed Realty - Reeds Real Estate can provide you with the resources, information, tools, and guidance you need to achieve your home selling goals and ensure that you have factored every consideration into your decisions. 

Without a skilled realtor at your side, you may end up making some of the common mistakes listed below that could be detrimental to your home selling process. It can even cost you thousands of dollars and months of time. Before you begin your real estate transaction, be sure you have created a comprehensive strategy to make your home selling endeavor a success!

Forgetting Your Budget

Yes! A home seller does indeed need to create a budget for the process and stick to it. What would the budget be for, you may ask. Simple! There are lots of things that a home seller will need to pay for by the time you and the home buyer sign the closing papers. In fact, closing costs are probably the top item in the budget. You will need to pay for most of the closing costs, including the commissions for your own realtor as well as the home buyer’s realtor.

In addition to closing costs, you will need to consider how many repairs, updates, and renovations need to be done to get your house into tip-top shape. Although they may be costly, those expenses are well-worth the energy and money when you end up getting top dollar for your home. 

Finally, and this may seem obvious but it is important, you will need to consider your moving costs. Since you are selling your home, we assume you are moving to another one. Moving isn’t cheap! Be sure to set aside enough money to move your belongings from one house to another.

Prior to your attempt to try to sell a house in Virginia Beach, make sure you have made a comprehensive budget that accounts for all of these expenses. Our experienced real estate team can help you with this and ensure you are prepared.

Not Interviewing Realtors

As we have said before, it is important to work with an experienced realtor when you try to sell a house in Virginia Beach. You can quickly and easily achieve your home selling goals when you choose the right realtor like ours at Your Home Sold Guaranteed Realty - Reeds Real Estate. The wrong realtor, however, can have a dramatically negative impact on your sale. You need a realtor with skills, knowledge of the local market, and experience selling a home in Virginia Beach.

No two realtors are the same, so you need to figure out each realtor’s strengths and weaknesses before you sign on with them. Find the one who suits your needs and matches your personality. Make sure they are able to come through with the promises they make to you by reading previous clients’ reviews and interviewing three to five realtors. Ask them the tough questions!

Throughout the interview process, be sure to ask about their experience, history in the Virginia Beach area, marketing strategies, and track record. The track record will include the realtor’s average selling speed, home sales in the last 6 months, and the average list-to-sale price ratio.

All of this information will lead you to the right realtor for your home selling process.

Selling Your Home As-Is

When you meet someone for the first time, you probably want to look your best and make a good first impression. The same goes for your home with new home buyers. The appearance of your home can have a major impact when you try to sell a house in Virginia Beach. Some home sellers will list it as-is to avoid spending money on costly repairs and renovations, but this will prevent you from getting the highest possible price for the house.

You may want to consider renovating the high-traffic areas of the house such as the kitchen, bathrooms, and living room. The initial investment in these renovations may be high, but it will enable you to list the home at a higher asking price that is easily justifiable to home buyers. In addition, the renovations ensure your house will stand apart from the competition on the market, especially for an older house. You will be competing with new construction homes as well as other resale homes, and upgrades will increase your chances of competing with newer, more modern homes.

Working with an Amateur Photographer

If you are going to try to sell a house in Virginia Beach, never work with amateurs at any point in the process. This includes getting photos of the house and property. Only work with a professional photographer who has experience making high resolution and high quality photos and videos of real estate. It will ensure that you can compete with any other home on the market, resale or new construction. 

If you are working with a skilled, local realtor, that professional may have a recommended photographer to use, and the cost may even be covered by the realtor’s commission. For those home sellers who are looking for their own photographer, be sure to carefully examine their portfolio as well as the quality of their photos. Find out what makes a high quality real estate photograph.

Getting Emotional During Negotiations

Lastly, be sure to check your emotions at the door when it comes to negotiating with the home buyer. This is a common mistake that home sellers make – letting their emotions take over and ruin their chances of having the upper hand in negotiations. This is especially important if and when you get a lowball offer from a home buyer.

That home buyer and their realtor will likely know that you will not accept this offer, but it is a good way to find out if there is any wiggle room in your asking price. You can either hold firm in the asking price or lower it. If lowering the price is not an option, you could consider adding some concessions to make a better deal for the home buyers.

No matter what you decide to do, be sure you evaluate and respond to every home offer objectively. Do not take the offers personally. It is just a business transaction, so remain calm and objective.

Sell Your Home in Virginia Beach with Our Realtors

Have you decided that now is the time to try to sell a house in Virginia Beach? If so, be sure you are working with a realtor who only has your best interests in mind. Our team at Your Home Sold Guaranteed Realty - Reeds Real Estate is ready and willing to stand by your side, advise you, and help you achieve your real estate goals. And you can rest assured that you will not make those common mistakes listed above.

We have been working with home sellers like you in the Virginia Beach area for many years, and our reputation for selling homes is legendary. In general, we can sell homes 48% faster and for 2.4% more money than any other realtor in the area.

Our team’s success in this market is the reason that our clients consider us the best in Virginia Beach. Home sellers love working with us because we always go the extra mile and will guarantee the sale of your home. Our home seller guarantees are unparalleled, including our Guaranteed Sale Program!

This program guarantees the sale of your home in your desired time frame and at a price that is agreeable to you. If it doesn’t sell, we will buy it! No matter the circumstances, you win!

If you are ready to try to sell a house in Virginia Beach and want more information, give us a call at (757) 799-4824 or fill out the form on this page with the requested information. We look forward to hearing from you and getting you started on your real estate journey!

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