9 Costly Mistakes to Avoid When Selling Your Home

Wednesday, December 4, 2019
9 Costly Mistakes to Avoid When Selling Your Home

9 Costly Mistakes to Avoid When Selling Your Home

Scottsdale - Are you an "Empty Nester" who needs a home for the future? Is it time for downsizing your home or
moving into another home more suitable for your glorious retirement years?
Like thousands of residents in our area, you may be discovering that after years of non-stop child traffic in and out of
your doors, toys on the floor, music floating throughout, suddenly you can hear a pin drop over the quiet hum of the
Your rooms are filled with pictures and memories of this wonderful time of your life, but there are many empty rooms
gathering dust now that your children have moved on. The freer years ahead are exciting ones to look forward to, and
it's time for you to move on as well.
The last thing you need are unbudgeted financial obligations cropping up hours before you take possession of your
new home.
If you find yourself in this situation, you're in vast and good company. And what that means is that there are many
wonderful opportunities for you to create this new chapter in your life...if you know what it takes to get the most out of
the equity you've built up in your current home.
Downsizing your home for retirement is one of the most important steps in your life. This 9 step system of
downsizing your home with style will give you the tools you need to maximize your profits, maintain control, and
reduce the stress that comes with the home selling process.
To begin with, here are 4 of the 9 benefits of downsizing your home that you should know about right now.

1. Know why you’re selling, and keep it to yourself
The reasons behind your decision to sell affect everything from setting a price to deciding how much time and
money to invest in getting your home ready for sale. What’s more important to you: the money you walk away with, the
length of time your property is on the market or both. Different goals will dictate different strategies. However, don’t
reveal your motivation to anyone else or they may use it against you at the negotiating table. When asked, simply say
that your housing needs have changed.

2. Do your homework before setting a price
Settling on an offering price shouldn’t be done lightly. Once you’ve set your price, you’ve told buyers the absolute
maximum they have to pay for your home, but pricing too high is as dangerous as pricing too low. Remember that the
average buyer is looking at 15-20 homes at the same time they are considering yours. This means that they have a
basis for comparison, and if your home doesn’t compare favorably with others in the price range you’ve set, you won’t
be taken seriously by prospects or agents. As a result, your home may sit on the market for a long time and, knowing
this, new buyers will think there must be something wrong with your home.

3. Find a “good” real estate agent to represent your needs
Nearly three-quarters of homeowners claim that they wouldn’t use the same realtor who sold their last home.
Dissatisfaction boils down to poor communication which results in not enough feedback, lower pricing and strained

4. Don’t move out before you sell
Studies have shown that it is more difficult to sell a home that is vacant because it looks forlorn, forgotten, simply
not appealing. It could even cost you thousands. If you move, you’re also telling buyers that you have a new home and
are probably highly motivated to sell fast. This, of course, will give them the advantage at the negotiating table.
These are just 4 out of the 9 to draw attention to this very important topic. If you wanted to view all of the 9 tips for
downsizing your home, I have put together a free report entitled "Empty Nester: How to Sell the Place You Call
Home." which explains the mistakes on how to avoid that most Empty Nesters make in more detail.
You can grab a copy of this report for free by visiting http://www.toddgulinsonrealtor.com/ or you can give me a call
at 1-844-310-9514. 
Thanks a lot for reading this week’s blog and may you find a way to your new home!

Todd Guilinson
Your Home Sold Guaranteed or I’ll Buy It* - If you or anyone who know is considering on making a move, feel free to
give me a call or pass on my number! 1-844-310-9514.