Monday, October 17, 2011

Avoid These 6 Mistakes When Selling Your Lexington Home!

A few weeks ago we discussed why now is a great time to sell your Lexington home! While many of you may be anxious to get your home sold and be settled into your new Lexington home just in time for the holidays, there are a few mistakes that you’ll want to be sure to avoid!

Selling your Lexington home can be a stress free process if you know what to expect and have a realistic approach to today’s Lexington Real Estate market. Feel free to take a few minutes to look over these common home selling mistakes.

1. Thinking your home is the exception- While you may have a beautiful home in Lexington; this alone will not sell your home. It’s easy to get emotionally attached to your home and feel that the time, energy and money you’ve invested makes it worth every penny of the selling price. However, to help your home sell in today’s market, you will need to price it competitively or else it will get overlooked.

2. Not checking your agent’s references- Your Lexington Real Estate agent will play a vital role in getting your home sold. You’ll want to be sure to choose your real estate agent carefully by checking their references, reviewing their testimonials and looking at their home selling record.

3. Not scouting the competition- Getting an idea of your competition- what the homes are like and what they’re selling for- is imperative for pricing your home correctly. It will also give you a realistic view of the current Lexington Real Estate market and what you can expect from your home sale. Your Lexington Real Estate agent will provide you with a list of “comps” (comparable homes that are currently on the market or that have sold recently), which will also help you get an idea of how your home will fare on the market.

4. Not prepping the property- Selling a home in today’s real estate market means having it in prime condition. Whether it’s a fresh coat of paint, cosmetic repairs or removing clutter from your home, making sure your home shows well to buyers is key. Buyers want to know the home is in move-in ready condition, so they can easily begin enjoying their Lexington home from the moment they move in.

5. Being present during an open house- You’ll want to leave your home anytime there’s an open house or showing. This allows the buyers to feel at ease and to talk freely with their real estate agent about the home. They will also feel more free to explore the house and take their time envisioning themselves in your home.

6. Taking negotiations personally- You can’t take offers on your home or negotiations personally. While you do have a lot invested in your Lexington home, the emotional ties you have need to be kept at bay. This will give you the opportunity to think clearly and be flexible with what the buyers is looking for and can make the negotiation process run smoothly.

As a Lexington Real Estate agent, I know it can be easy to want to just get your home sold as quickly as possible, but thinking carefully through the process is the key to your home selling success and avoiding any unnecessary mistakes. If you have any questions about how to get started with selling your Lexington home, or you’d like more information on the current Lexington Real Estate market, please contact me! I’d enjoy the opportunity to talk with you about your home selling needs and come up with a strategic plan to get your home sold!

Feel free to contact me today to get started!

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