Oncken Insurance Agency, P.C. Blog
Selling a house can surprisingly consume your time and invade your privacy due to potential buyers entering your home, criticizing it, and offering less money than what you offer. Mistakes are also inevitable, like emotional and financial mishaps that can lead to pitfalls. Here are the mistakes to avoid when selling a house to get a better and more convenient deal for you.
Getting Too Emotional
This mistake is typical when you are about to sell your home for the first time due to the time, effort, money, and memories you invested. However, you can avoid getting emotional if you start thinking like a business person rather than a homeowner, only looking from a purely financial perspective. Remember that your home can be less familiar once your buyer changes and remodels your home and its overall appearance.
Skipping An Agent
It is not recommendable to sell your home on your own, especially if it is your first time, so hire an agent to back you up. Although real estate agents charge a hefty amount - usually five to six percent of the sale price - they can help you set a competitive but fair price for a quicker deal. You can also lessen the stress of interacting with potential buyers who only want to look at your property but have no desire to make an offer.
Having No Listing Photos
Many buyers prefer to look for homes through online listings, especially with today’s pandemic, so it’s essential to put some effort into the visuals of the home you want to sell. Poor photos can set your listing apart and can even generate more interest from your potential buyers. Use a wide-angle lens, if possible, or a 3D format photo to provide your buyers with a better view of your house.
Not Issuing Proper Insurance
Your chosen agent or lender might require you to have home insurance to insure the liabilities that can result in accidents, like a viewer or potential buyer getting injured. A home insurance policy can also ensure that you take action on possible hazards and mitigate these on the house’s premises you are selling.
Selling a house is crucial and confusing, so ensure that you mentally and financially prepare yourself for worse scenarios. Your home may sit on the market longer than you expect, where you might end up paying for two mortgages.
At Oncken Insurance Agency, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (281) 256-8310. Get your free quote today by CLICKING HERE.