MISTAKES WHEN SELLING YOUR HOME: WHAT TO AVOID

EMOTIONAL MISTAKES WHEN SELLING YOUR HOME

Just as buying a home is an emotional process so too is selling a home.

The greatest hindrance to selling a home can be a seller who is controlled by their emotions! Selling your home should be viewed and handled primarily as a business transaction but home sellers who allow emotions and sentimental attachments to overtake them during the sale risk making hasty, poor decisions!

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Here are a few common emotional mistakes when selling your home and how to avoid them.

Overpricing your home

One of the biggest mistakes when selling your home is overpricing it. Getting top dollar is every home sellers dream however it is unrealistic to think that home buyers should pay a premium for features that are only valuable to you! Pricing a home to sell is an art. Part of the market value is based on comparable sales, but other factors to consider include market movement, demand, your home’s location and its condition. The average buyer sees 10-15 homes before they purchase, so why not make sure you’re one of them! Buyers agents are going to show similar homes that are priced more attractively and as a result, your listing will most likely be passed over!

Being present for showings

There are legitimate reasons why a seller may want to be home during showings however buyers need to feel as comfortable as possible when looking at potential homes! It’s a big investment and they should feel welcome to open closets, look in cabinets and yes, speak openly with their agent. A seller may experience hurt feelings from questions or comments made by potential buyers or buyers might not give your home a fair chance as they are not able to feel comfortable with you in it!

Not hiring a real estate agent

Yes, selling your home with a real estate agent means paying commission, however, trying to sell your home on your own is ill-advised. I work in real estate 7 days a week, 365 days a year and I am up to date with our ever-changing marketplace. I provide marketing campaigns incorporating traditional and internet marketing, social media and the most up-to-date technology to expose your property to as many buyers as possible. Along with my expert negotiating and networking capabilities I also have access to the best stagers, tradespeople and printers in the city! Working with a real estate professional is truly an invaluable tool in reaching the dream of getting top dollar for your home!

CLIENT LOVE

I purchased my first home with Jayashree! I had a pleasure working with her. She is professional, empathetic, communication is on point and very responsive. She helped a lot in the process especially me being a first time home buyer. She explained each step and took the time to answer all my questions and I had so many questions as everything was new to me. She was patient and most importantly she really understood what I was looking for. Thanks again Shree!!

Helena James

We were first time buyers and quite overwhelmed with the process at the beginning. Fortunately, My friend recommended and we got to work with Jayashree as our advisor, who helped us navigate the process and made sure we understand everything each step of the way. She’s knowledgeable, responsive, and always on the reach. Thanks to her expertise and negotiation skills, we were able to find the perfect home we loved.

Dinesh S

Jayashree was a pleasure to work with! This was my first time getting my own condo in Toronto and it was pretty overwhelming. Thankfully ,She made the process smooth and fun! I am happy my financing was also taken care I felt like so much was offloaded and the entire process felt good. I highly recommend her!

Whitney Kurt

Jayashree did a great job selling our home in Oshawa. We strongly recommend her services and would certainly use her again when we sell our next home. She took her time with us, was always quick and responsive throughout the whole selling process, and never insisted on selling our home for less than we were comfortable with, like some other agents we had in the past. Thank you Jayashree, you are the best!

Smitha Patel

Jayashree was an excellent real estate professional. We called her with a very short timeline to rent out our condo unit. As an incredibly reliable agent, she found us a great tenant despite the time crunch. We greatly appreciated that she is a landlord herself and also has real estate investing experience. She added a lot of value providing her advice throughout the process. She also gave us the option to be included in the tenant interview – which we felt was extremely helpful in assessing the quality of the tenant. We also really appreciated how responsive and proactive she was, which alleviated a lot of stress for us. We loved working with Jayashree and look forward to working with her again.

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