Coco, Early & Associates The Andovers
Coco, Early & Associates The Andovers
Lisa Fitzgerald, Coco, Early & Associates The AndoversPhone: (617) 816-0300
Email: [email protected]

Common Real Estate Mistakes By First-Time Sellers

by Lisa Fitzgerald 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

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

When buying or selling a home, my priority is to make your journey stress free and enjoyable starting with the first personal meeting until after you move in. Coming to you with over a decade of real estate experience, I am equipped with a higher level of expertise to help you sell with success or help you find the right home that will meet all your needs for many years to come. As a Certified Interior Stager, I work with Sellers and offer unique strategies in transforming a home to attract more Buyers and strong offers. It gives me great pleasure assisting Buyers and Sellers coming with diverse needs and preferences. I've always been a full-time agent so I can accommodate those busy schedules. Whether you're selling or buying, you'll never be left guessing "what's next?" because I'll be with you every step of the way. I don't believe in sales pitches because my business approach is based on honesty. You will be equipped with valuable information so you can make the best most informed decisions. I look forward to earning your trust and your business. Read my client reviews to learn more. Call or text me at (617) 816-0300.

PROFESSIONAL INFO

REALTOR®: As a REALTOR®, I belong to a special network of real estate agents which empowers me to offer a higher level of service. I pledge to practice my real estate business fairly and abide by a Code of Ethics.

-Licensed in MA & NH

-Accredited Seller Representative (ASR)

-Certified Buyer Representative (CBR)

-Loss Mitigation Certification (LMC)

-Senior Real Estate Specialist (SRES)

-Interior Design Specialist (Certification John Robert Powers, Boston, MA)

-Certified Relocation Home Find & Home Sales Specialist

-Certified USAA Real Estate Agent

-First-Time Buyer Class Instructor for Various Banks

PROFESSIONAL MEMBERSHIPS

*Member of the Northeast Association of REALTORS®

*Member of the Massachusetts Association of REALTORS

*Member of the National Association of REALTORS®

*Board Member of Wilmington/Tewksbury Chamber of Commerce

* Member of Merrimac Valley Chamber of Commerce