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4 Mistakes That Plague First-Time Home Sellers and How to Avoid Making Them

Are you thinking about selling your home? If this is your first time going through the selling process, you may be wondering just how well things are going to go. Selling a home is usually a smooth process – there are thousands sold each day – but issues can arise if you’re not careful. Let’s explore four mistakes that are commonly made by first-time home sellers and how you can avoid them.

Trying To Sell Without Experienced Representation

The first and most significant mistake that some first-time sellers make is to try to go it alone. Selling a house is a major financial and legal transaction and one where experience is crucial in getting things right. Invest in an agent who has a track record for quick, efficient sales and you’re going to have an advantage.

Choosing Emotion Over Reason

Next, you’ll want to avoid letting your emotions control how you react or respond during the selling process. Many homeowners become emotionally attached to their homes, which is fine while you’re living there but can be a problem when you’re selling. It’s important to let logic and reason guide the sale. Don’t let yourself get caught up emotionally or you may make a critical mistake.

Pricing Outside Of A Realistic Range

Asking too much – or too little! – for their home is another common mistake made by first-time home sellers. It’s critical to understand that the local real estate market has a lot of influence on the correct asking price for your home. Current listings and recent sales of similar homes in the area tend to set a price range in the minds of buyers, so these will need to be observed. Your real estate agent will be a big help in choosing the right sale price.

Selling At The Wrong Time

The final mistake we’ll cover today is listing your home for sale in the wrong environment. The local real estate market is in constant state of change due to a variety of factors. The seasons, other local home listings, interest rates, new home construction, local municipal zoning changes and all sorts of other factors can influence your sale. Unless you are under a time constraint, it’s best to let your agent advise you when it’s a good time to list your home.

Selling your first home can be a daunting experience, but with the right frame of mind and professional representation, it will go smoothly. To learn more about the home selling process or to list your home for sale, contact us today. Our real estate team is happy to assist.

Mistakes that Can Prevent the Sale of Your (city) Home

Selling a house in the current market can be tricky, but there are certain mistakes an owner can make that will cause a [city] home to sit still without a decent offer and cause the listing to go stale. To prevent that from happening, make sure you are not making one of the following mistakes […]

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Although, not mandatory, I do highly advice on having the inspection completed! A home inspection is something that protects your financial interest in what will likely be the largest purchase you make in your life – one in which you need as much information as possible. It is better to pay $400 – $500 for […]

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You might have recently heard Realtors, buyers and sellers  say “It is definitely a sellers’ market! “So what is a sellers’ market? Sounds pretty self-explanatory, but to answer that question a bit more in depth, the real estate market can fluctuate between favoring sellers or favoring buyers. Currently and over the past year or so, […]

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10 BENEFITS OF WORKING WITH A REAL ESTATE AGENT WHEN BUYING A HOME

This week we pulled an article from Key Inspection Services! Click the link to learn more about the benefits of working with a real estate agent 🤩 https://www.keyinspectionservices.com/resources/10-benefits-of-working-with-a-realtor-when-buying-a-home/ They’ll get you a better price: When you use a real estate agent in the purchase process, they will help you get the most for your budget. […]

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Do I need to sell my current home before buying a new one?

One of the most common questions we get when searching for homes is “do I need to sell my current home before buying a new one?” Theirs is no rule against purchasing a new home before selling your current one, but if you’ll be taking out a new mortgage, your first step should be making sure you qualify. If you have enough cash on […]

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Why Lange?

Lange Real Estate is not your standard brokerage and our agents are not in business solely for their next commission. Lange Real Estate is truly a full service brokerage that provides the opportunity to assist our clients in all facets of real estate and our agents the benefit of having the ability to be a […]

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Our Interns

Emily Smith is a Marketing Intern at Lange Real Estate.  She graduated from Friends University in May with a degree in Business Administration and Marketing. Along with her internship at Lange, she also owns a small event coordination business called Events by Emily Elizabeth.  She has a strong passion for entrepreneurship, one of the many reasons she […]

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Resources

First Time Home Buyers Upgrading Your Home Downsizing eBook

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