Coco Early & Associates
Coco Early & Associates
Lisa Fitzgerald, REALTOR®, Lic. MA & NH, Coco Early & AssociatesPhone: (617) 816-0300
Email: [email protected]

Common Real Estate Mistakes By First-Time Sellers

by Lisa Fitzgerald, REALTOR®, Lic. MA & NH 07/07/2019

Unless you are a real estate professional, you're probably not an expert in buying or selling houses. There are so many legal complications and webs that may occur whenever one is in the real estate market, and to help sort through the complications here are some common mistakes made by first time sellers and how to avoid them.

First, the most common mistake is that most first time sellers treat the selling process itself as a DIY project when it is not. As stated above, there are so many legal implications of selling and buying a property. There are real estate contracts that need to get addressed. There are appraisals and costs associated with the valuation of the property. Some inspections must get done long before putting the house on the market and giving it a price. There is a lot of documentation requirement that making a mistake can cost an owner a lot of money.

Do not be in a situation like this. Hire a real estate agent who has the license to handle real property matters for you. 

Second, there are also mistakes that can come with setting the price. First time sellers, who do not know how to get the market, often give a high asking price without consideration of a possible appraisal or valuation. A real estate professional knows that the secret to getting the amount you want is not always in the asking price but the marketing. How is it done? Only real estate agents have a flair for this trade secret.

Third, first time sellers are somewhat stubborn alone than with an agent. They are unwilling to negotiate the terms of the escrow and believe that there will be more potential buyers along the way. Some sellers are reluctant to settle the terms even if the buyer is already giving them more than the asking price. With the help of a real estate professional, it is easier to see which deals are good and which are not.

Finally, some sellers fail to see the value of being patient and giving other parties some time.

Now that you know some of these mistakes, it will be easier to avoid them. It may be tempting to take some shortcuts when you are excited about selling your house, but keep in mind that while you can try some alternatives, only professionals can do it without the repercussions of amateur mistakes. Contact a real estate professional today to help you sell your home today.

About the Author
Author

Lisa Fitzgerald, REALTOR®, Lic. MA & NH

PERSONALIZED REAL ESTATE SERVICES, PROFESSIONAL GUIDANCE & EXPERTISE, DELIVERED WITH SENSITIVITY TO YOUR INDIVIDUAL NEEDS.

This year I’m celebrating 15-years of service as a full-time REALTOR®! Over the years, I’ve had the pleasure of working with many wonderful clients and customers. I’ve sold hundreds of homes and helped many people achieve their real estate goals with great success. I’m equipped with a higher level of experience to help you sell and/or find the right home that will meet your needs for years to come. As a full-time agent, I have the flexibility to accommodate those busy schedules. My listing services include helping Sellers stage and prepare their home for the market. As a Certified Interior Stager, I have great staging ideas and resources to transform a home into a show place. I offer listing website marketing, professional photography, visual tours, floor plans, aerial photography, social media marketing, video marketing, print advertising, professional signage and much more. When it comes to my listings, every home gets special treatment. As a Buyer’s Agent, I’ll listen to your preferences and needs so we can find the right home within your budget. And I have great strategies to help your offer get accepted over other competing buyers. My professional achievements consist of several real estate designations Accredited Sellers’ Rep. (ASR), Certified Buyers’ Rep (CBR), and Seniors Real Estate Specialist (SRES). I also specialize in working with First-Time Home Buyers. Over the years, I’ve achieved many Top Producer Awards, a National Award for Excellence in Client Satisfaction and most recently, Coco, Early’s President’s Circle Award for the company’s top 10% sales achievement. 

I’m celebrating in a BIG way! I’m offering special promotions for Buyers and Sellers all of 2020! I’m licensed MA and NH. To find out more, call me at (617) 816-0300.