Keller Williams UK

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

by Nov 5, 2021Selling Your Home

Errors that Affect First-Time Essex House Sellers

Is your home on the market right now? In case this is your first tryst with the process of selling, you may be confused and apprehensive. However, selling a home is usually seamless, and every day, thousands are sold. But problems may arise when you do not remain careful. Here are the four mistakes that first-time home sellers usually make, along with the best ways to avoid them.

Selling Without Representation by Experts

The process of selling a house involves significant financial and legal work. In such cases, it is essential to have adequate experience. Always choose an agent with a track record for quick and efficient sales to gain an edge, but who has the time to dedicate to your own sale. An agent that is too busy can be a busy fool.

Prioritising Emotions Over Logic

The next step involves ensuring that the selling process is not affected by your emotions. A lot of homeowners tend to be emotionally attached to their homes. This works well for as long as you intend on staying there. However, it is particularly problematic when you are selling the house. It’s vital to allow logic and reason to steer the entire process. Never let your emotions take over if you want to avoid mistakes.

Pricing Beyond The Realistic Range

First-time sellers often make the mistake of either asking too much or too little! Do remember that the local housing market primarily impacts the correct asking price for your home. Current listings and recent sales of homes similar to yours usually determine the generally expected price range among buyers. Hence, this must be observed. The apt selling price can be determined with the assistance of your estate agent. 

Selling At The Wrong Time

Lastly, another crucial mistake to avoid is listing your home for sale in the wrong environment. A variety of parameters make the local housing market extremely dynamic. These parameters include the seasons, other local home listings, interest rates and new home construction. If you are not in a hurry, we recommend allowing your agent to advise you when it’s an excellent time to list your home. 

Although it can be frightening to sell your first home, it can be a seamless process if you opt for an apt professional representation. You can learn more regarding the home selling process in  by getting in touch with us today at kwplus@kwuk.com or 01277 564022.  

 

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