Selling a home for the first time can be an especially difficult journey full of ups and downs. Oftentimes, home sellers get overwhelmed by all the steps that go into the process and make avoidable mistakes, so if you’re thinking about selling your Richmond home, here are seven common mistakes to watch out for!

  • Lack of Listing Photos
  • Listing Your Richmond Home For the Wrong Price
  • Not Hiring a Richmond, VA Agent
  • Not Staging Your Home
  • Not Having the Proper Insurance
  • Becoming Too Emotional
  • Selling to Unqualified Buyers

Lack of Listing Photos

The best step you can take to market your Richmond home is to have professional photos for online listings. Since most buyers use the internet to search for homes, photos will be the first thing that grabs their attention, and if you don’t have any photos, it will be harder for buyers to imagine themselves living there. Photos should be well lit, clearly showcasing your home’s best attributes. You should hire a professional home photographer in the Richmond area to help you with this part of the process.

Listing Your Richmond Home For the Wrong Price

One of the most common mistakes when trying to sell a home without an agent is overpricing. When you hire an agent, they will use a comparative marketing analysis to help find a fair, competitive price for your home based on what similar homes in the area are being sold for. Then they may utilize strategic price points to attract more offers from sellers. Don’t worry if your home is set at a slightly lower price than you want, since this may attract multiple offers and bid the price to fair market value as buyers compete with each other—a much better outcome than setting the price too high and getting no offers. And if you sell with Reynolds EmpowerHome Team, Your Price is Our Promise®. We will get you 100 percent of your asking price, or we will pay the difference. Click HERE to learn more. 

Not Hiring a Richmond, VA Agent

Richmond, Virginia’s real estate market is always shifting, so you need an experienced realtor to help you along with the process and get the most for your home. A good agent always has your best interests in mind and will help you set the best selling price for your home. Having an agent can also help ease the more stressful parts of selling by dealing with potential buyers and eliminating people who are just “lookers” and aren’t really interested in buying your home.

Not Staging Your Home

Are you aware that staged homes earn 6.9% more money than non-staged homes and sell in half the time? The numbers don’t lie! When interested buyers view your property, you want to do everything you can to make your home look its absolute best. Actually take the time to refine the interior of your home by addressing subtle issues. This may include fixing any paint chips and switching out any burnt-out lightbulbs, but you can also make some larger changes as well like arranging your furniture in a way that accentuates the best features of your home. Always remember: you will never get a second chance to make a first impression, so don’t underestimate how important staging can be!

Not Having the Proper Insurance

It’s important for all sellers to have proper insurance in case someone has an accident while viewing the home and tries to sue for the damages. To prevent this from happening to you and costing you more needless expenses, start by getting rid of obvious hazards to your property and take steps to prevent any accidents. If there’s snow or ice on your driveway, take the time to have it cleared before anyone visits your home! You may even want to consider hiring a professional to clear your property if you’re expecting a huge winter storm.

Becoming Too Emotional

Understandably, it can be hard to keep your emotions in check when it’s time to say goodbye to your beloved home. Throughout the sale process, it’s important to think of yourself as a business person or salesperson rather than a homeowner. If you can look at the transaction as a purely financial one, you can distance yourself from those overwhelming emotions and reduce the overall stress that comes with selling a home.

Selling to Unqualified Buyers

Whenever you sell your home to someone, it’s good to make sure they’re pre-approved or have proof of funds before you hand over the keys to your largest asset. Otherwise, you run the risk of finding yourself in a tough bind and losing money. Luckily, Reynolds EmpowerHome Team has a state-of-the-art database of over 15,179 pre-approved Buyers in Waiting in the Richmond area. When you list with us, we will leverage our extensive database to get you top-dollar for your home, selling FASTER and FOR MORE.

If you are considering selling your home there is no one better than Reynolds EmpowerHome Team. We can help you sell FASTER and for TOP DOLLAR! Selling a home can be stressful, especially when your home sits on the market. We sell our listings 3 times faster and on average, for more than when you work with another team by leveraging our database of OVER 15,179 qualified buyers in our Buyers in Waiting database! 

Did you know that only 48% of homes that went on the market last year sold the first time with the first agent they hired? Most sellers last year had to call a 2nd or 3rd agent to get the job done, or even worse, not sell at all. The agent you hire the first time matters! Reynolds EmpowerHome Team sells 98% of our listings the first time, so when you hire us, your home is more likely to sell fast & for top dollar! To find out what we can do for you, Text or Call us at 804-655-0651!

Your Home Sold for 100% of the Asking Price or We Will Pay You the Difference!* Click HERE for more details.