Top 4 Regrets of First-time Sellers
Selling your home for the first time can be overwhelming, to say the least. According to a recent Zillow survey, 84% of Americans who sold their home for the first time in the past two years wished they had done so differently. Here are their top 4 regrets, with ways to learn from their mistakes:
• Pricing incorrectly: While some regretted pricing too low, many regretted pricing too high, which can scare off buyers and lead to a slower sale – especially those who compared to what their neighbor sold last year during the peak, creating unrealistic expectations. I can help you find the right price based on detailed comps (ensuring you're comparing apples-to-apples and looking at time periods that aren't skewed by the pandemic) and current market data and trends.
• Ignoring online curb appeal: With the majority of buyers looking online first, it's imperative to have professional listing photos (and videos!) with a properly staged house to entice buyers to visit in person. Not to mention, the messaging and marketing is crucial to showcase your house in the best light.
• Bad timing: 25% of respondents wished they had sold their house at a different time. While you can't always control timing, spring is historically the busiest (and best) buying and selling season, with the sweet spot in April.
• Not investing more in repairs/upgrades: 25% of respondents felt they could have gotten a higher sales price had they spent money on repairs and upgrades. By using Compass Concierge, homes sell on average 72% faster and with an average ROI of 235%. Even simple updates like fresh paint, landscaping, and carpet cleaning (or replacing) make a huge difference.
If you're thinking about selling for the first time (or tenth!), I can help you every step of the way – making it my priority to ensure that you're happy and have zero regrets. Reach out if you’d like to get the conversation started.