- Getting Emotional – Selling a property, especially your first, may be quite emotional. You put a lot of time and effort into finding the ideal match, saved money for the down payment and furnishings, and made plenty of memories.
- Not Hiring a Real Estate Agent – Even though real estate agents earn a sizable commission, often 5% to 6% of the sale price of your property, trying to sell your home on your own is definitely not a good idea, especially if you’ve never done it before.
- How to Proceed Without a Real Estate Agent – As a result, you’ve chosen against using an agent. That’s okay since it’s not impossible to do. There are those who successfully sell their own properties.
- Setting an Unrealistic Price – Setting the correct asking price is essential whether you’re working with an agency or going it alone.
- Expecting the Asking Price – Any savvy buyer will haggle, so you may as well play along if you want to close the deal. In contrast to the underpricing method discussed above, most individuals want to sell their houses at a price that would draw buyers while still allowing some wiggle room for negotiations.
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