2. What is the most common mistake homeowners make when listing their home, and what can they do to avoid it?
Dawn Maddux: By far, the worst mistake sellers make is calculating what they have put into the property, including what they owe and improvements. Unfortunately, there is absolutely no correlation between what is invested and the market value of the property or a buyer’s offer.
Jackie Wickens: Not taking the time to prepare the home for market. If it’s not truly showing-ready it will sit on the market longer than it should, and could bring lower offers, if it brings offers at all.
Uncommon Ground: Pricing too high. Homeowners are so attached to their homes that it can cloud their judgement on the market, and lead them to outprice it, causing their home to sit on the market for a long time.
Trecie Wheat-Hughes: Not pricing their home at market value. Sit down with your agent. Find good “comps”, everything that has sold in the last six months. Generally, only your agent knows actual selling prices.