Red Wing, Minnesota
610 Main St.
Red Wing, MN 55066
(651) 388-4745

5 Costly Errors You Don’t Want to Make When Selling Your House April 13, 2017

Red Wing, Goodhue
5 Costly Errors You Don’t Want to Make When Selling Your House , Red Wing, Minnesota

Selling your house can prove to be more challenging than you thought it would be. If your goal is to complete a quick and profitable transaction, you must be properly prepared to go through the selling process. This involves knowing which mistakes to avoid before listing your home on the market.

According to the real estate agents at Lawrence Realty in Red Wing, MN, making the following errors has the potential to keep you from getting top dollar for your property.

5 Errors to Avoid When Selling Your House

1. Setting the Wrong Price

The most frequent mistake sellers make is putting the wrong price tag on their home. You must be wary of both asking too much and not enough. A high amount could scare away prospective buyers, causing your property to sit on the market longer than it should. However, underpricing will prevent you from closing a deal you feel good about. It’s crucial to know the accurate market value of your home and compare it with sales of neighboring properties before deciding on an asking price. 

2. Not Preparing the Property for Viewing

Selling your house will require a great deal of preparation. It’s vital to make sure the interior and exterior are ready for viewing by highlighting all the best features of the property, removing clutter, focusing on curb appeal, and fixing any major aesthetic problems. While you don’t necessarily have to start large renovation projects, you should spruce up your home in areas that could use it.  

3. Hiring the Wrong Real Estate Agent

selling your houseBefore you hire a real estate agent, it’s important to realize they are not all the same. The agent you work with should have a solid track record of assisting clients with successful home sales and know the local market well. They must possess good negotiating skills and be able to present you with effective marketing strategies to get your home in front of as many buyers as possible and make it stand out from other real estate listings.

4. Failing to Disclose the True Condition of the Home

Failing to disclose the true condition of your home in an attempt to get more money or sell faster is one of the biggest errors you can make, and it’s often illegal. There’s a good chance a buyer will discover any issues the property has through a home inspection anyway, and not telling them about it beforehand will make them leery about continuing with the deal. 

5. Letting Emotions Get in the Way

Despite selling and moving on to a new life chapter, it’s likely you have many great memories of the time spent in your home. This emotional attachment can make it difficult to work with buyers during negotiations. It’s best to find a way to detach and recognize the sale as a business transaction. Getting offended by low offers and refusing to negotiate on the price will only drag the process out longer.

Avoiding these common errors will make selling your house a smooth and stress-free experience. Contact Lawrence Realty at (651) 388-4745 or visit them online to learn how they can help you reach your selling goals. 

Other Announcements, Events and Deals from Lawrence Realty
DON'T FORGET ABOUT THIS OPEN HOUSE! Stop in at 4745 Kingswood Dr. in Red Wing today, Feb. 16th!, Red Wing, Minnesota
February 16, 2019 10:00AM - February 16, 2019 12:00PM
Don’t forget about the Open House at 4745 Kingswood Drive in Red Wing today, Saturday, February 16th from 10:00am to noon. Stop in and talk to Jake Dahl or Brady Lawrence of more
Add to Calendar
LAWRENCE REALTY INC.'S listing at 4745 Kingswood Dr. Red Wing, MN appliance allowance just added !!, Red Wing, Minnesota
$2500 Appliance Allowance added to LAWRENCE REALTY INC. listing at 4745 Kingswood Dr. Red Wing, MN ~~ This newly constructed townhouse is an easy 45 minute drive to the Twin more
BIG PRICE REDUCTION!  34540 Hwy. 58 Blvd. Goodhue MN offered by Jake Dahl of LAWRENCE REALTY, INC., Red Wing, Minnesota
   This property at 34540 Hwy. 58 Blvd in Goodhue, has a house for her and a shop for storage!    A nice walk-out rambler in Goodhue County, this 3 more
Open House at 4745 Kingswood Drive in Red Wing, offered by Jake Dahl and Brady Lawrence of LAWRENCE REALTY, INC., Red Wing, Minnesota
February 16, 2019 10:00AM - February 16, 2019 12:00PM
If you are looking to buy a home, then take a look at 4745 Kingswood Drive, that is new construction with nice finishes.  The location is very ideal, easy access to more
Add to Calendar
Don't Forget this LAWRENCE REALTY OPEN HOUSE TODAY!  Saturday, Feb. 2nd at 4745 Kingswood Drive in Red Wing!, Red Wing, Minnesota
February 2, 2019 11:00AM - February 2, 2019 1:00PM
Stop in at 4747 Kingswood Drive in Red Wing today and take a look around!  Let Jake Dahl and Brady Lawrence answer your questions about this new construction property. more
Add to Calendar