Selling your home marks the end of one chapter, and the beginning of a new journey. And while this can be cause for a lot of celebration and excitement, there are also a few key items to keep in mind while you are in the process of selling your home. We have listed below a few common mistakes for you to avoid in hopes to keep the selling process as efficient and stress-free as possible! 

1. The first mistake to avoid is setting a price without doing proper research first. Don’t just go off of what other comps in the area have sold for in the past, as your ideal listing price can be affected by the time of year, current available inventory, and much more. 

2. On that same note, our next mistake to avoid is pricing your home too high off the bat. History and statistics have shown us that an overpriced listing produces fewer showings than others that are more accurately priced for the market. In addition, it has also been shown that homes sell closer to their asking amount if they are priced correctly at the start of the listing. 

3. Staying on the topic of price, our next mistake to avoid is using a strange listing price. You want to be sure to avoid listing prices such as $403,399. This may potentially cause you to miss out on quality, qualified buyers, especially if their search ranges from $300,000-$400,000. Just something to keep in mind. 

4. Many people think that just because they are not in a rush to sell their home that they can overprice their listing. The thought process here is that they can simply wait around for the right family to come along who is willing to pay the higher price point. This is not the best strategy as the longer your house sits on the market, the less likely you are to get showings and in return the more difficult it becomes to attain that higher asking price. 

5. A big mistake to avoid is getting emotionally involved in the selling process. We understand this may be difficult to do, but you have to keep in mind that this is a business transaction, and you should not take it personally if you get a low offer on your listing. View this as an opportunity to negotiate with the potential buyer to see if you can settle on a number that works for both parties. 

6. Even in the best seller’s market, you need to stay away from the mindset that the house will sell itself. Anytime a listing goes live, you need to ensure that the home is properly staged and marketed to ensure it is appealing to potential buyers. 

7. Finally, our last mistake to avoid is trying to sell your home on your own. Studies have shown that homes stay on the market longer and sell for about $39,000 less when people do not utilize a real estate agent during the sale of their house.