Selling your home is a big life event, and there are so many steps you need to take to make sure everything goes off without a hitch. You need to get your house ready to sell, find a realtor, and decide on a listing price all before it even goes on the market. There are many opportunities to make the wrong choice through all these steps, so here’s what not to do when you’re selling your house in Rochester.
Mistake 1: Ignoring Needed Repairs
Buyers know what they are looking for, and it’s not typically a home that needs a lot of work. Ignoring necessary repairs, even small ones, can send buyers running. Selling your home certainly isn’t the time to make major renovations, because you likely won’t see back the money you put into it. But fixing anything that’s broken is an absolute must.
Touch up the paint. Replace burned out lightbulbs or broken fixtures. Make sure there are no leaky pipes and that all the systems in your home are functioning. If there are major problems that you can’t fix before you sell, disclose it to the buyer, and you can negotiate concessions in the sale price of your home to have it fixed.
Mistake 2: Failing to Realize How Expensive It Is to Sell Your Home
Selling a house costs more than the 5-6% in realtor commissions. Each home sale is different, but there are always closing fees, concessions to the buyer, the cost of repairs, and other fees that can make up as much as 10% of the sale price. You might also find tha you need to move into your new home before you close on your old home, leaving you to pay for both mortgages at once. Others find themselves selling their house before they find a new one, so they need to pay for temporary living arrangements as well as storage for all of their belongings. Failing to realize how expensive selling a home can be is a common mistake that can be devastating to your finances.
Mistake 5: Choosing the Wrong Approach to Selling Your Home
Not all homes are created equal, and some will sell easily and quickly when listed on the real estate market. Other homes are much more difficult to sell because they need a lot of work, they are in a rough area, or there are other problems. These homes do best when selling to an investor or a company that buys homes for cash, since they offer the fastest and easiest way to sell a home.
WNY Home Buyers Can Help
Selling your home in Rochester doesn’t have to be difficult. WNY Home Buyers is here to make the process fast, easy, and stress-free. We’ll buy your home in any condition, so there’s no need to make repairs, stage your home, or even clean. Simply tell us a little bit about your property, and we’ll make you a cash offer within 24 hours. We can close on any day you choose, and you won’t pay a dime in commissions or fees. We buy homes in Rochester, New York, and the neighboring cities, including Buffalo, Niagara Falls, and Lancaster. Get an offer on your home today!