Selling your home or property?

When it comes to selling your home, business or land parcel getting the best price is certainly important, but a smooth transaction is equally as important. There’s a lot more to selling a house than just putting a For Sale sign up on the front lawn. There are many pitfalls that can turn the selling experience into a nightmare. In the 35-plus years of selling homes, we have encountered every possible scenario.

Call KLS and forget the rest! Save yourself time, money and unwanted stress by contacting us today.

Avoid the most common selling mistakes…

  • Setting the right price is crucial. Overpricing can deter potential buyers, while underpricing might lead to a quicker sale but at a lower profit.

  • Failing to address necessary repairs or update outdated features can lead to a lower sale price or deter buyers altogether.

  • The way a home is presented can significantly impact its sale. Cluttered spaces, poor staging, and lack of curb appeal can reduce buyer interest.

  • Effective marketing is key to attracting buyers. Failing to use high-quality photos, virtual tours, or listing on popular real estate websites can limit your reach.

  • The real estate market fluctuates. Not being aware of current market trends can affect your pricing strategy and timing.

  • Failing to disclose known issues or legal complications with the property can lead to disputes or even legal action.

  • An inexperienced or unqualified real estate agent can lead to mismanagement of the sale, from pricing to negotiation.

  • Sellers often have an emotional connection to their home, which can cloud judgment and affect decisions related to pricing and negotiation.

  • Buyers often negotiate the price or request repairs. Being unprepared for these negotiations can lead to unfavorable outcomes.

  • The timing of your sale can affect the outcome. If you're not flexible with showing times or moving dates, it could hinder the selling process.

  • Missing or incomplete documentation can slow down the closing process or create legal issues.

  • A home inspection can reveal issues that may need to be addressed before the sale. Ignoring these results can lead to last-minute problems or price reductions.

  • Not understanding the costs associated with selling a home, such as agent commissions, closing costs, and taxes, can lead to unexpected financial strain.

  • Accepting offers from buyers who are not properly pre-approved for financing can lead to delays or failed deals. Ensuring that potential buyers have secured mortgage pre-approval can prevent wasted time and reduce the risk of a deal falling through.

Being aware of these pitfalls and addressing them proactively can help make the home-selling process smoother and more successful.

Contact us.

RE/MAX® KLS Realty Inc., Brokerage

Ken Scott - Broker of Record | Laima Scott - Sales Representative

766 Hespeler Rd., Suite B
Cambridge, ON N3H 5L8

kls@klsrealty.com
(519) 651-6228

Photo of Ken and Laima Scott smiling