Unfortunately, a large number of house sellers have been duped by incorrect information. There is no shortage of Internet advice regarding selling your Irvine home, for example, but not all of it is genuine or correct. Then there’s the erroneous advice you’ll undoubtedly receive from family and friends. Operating under false information can only complicate the sale of your home and may cost you a significant amount of money. Let’s look at some of the most common misunderstandings regarding selling your house in Irvine.
Price It at What You Think It’s Worth
You own your home, and you know how much it’s worth. Not at all. Actually, neither you nor your agent are in charge of determining the price. Rather, the price is determined by the market.
As a result, you should rely on your agent’s market-driven pricing experience when pricing your home for sale in Irvine. “Sellers who do not pay attention to their agent’s price strategy suggestions are setting themselves up for failure. The agent conducts a comparative market analysis, and the results determine the property’s current value. The homeowner should stick to that pricing without adding any wiggle room. When the offer arrives, accept it and praise your agent for their efforts.”
Call (714) 701-8210 to learn more about how a Irvine agent may assist you in determining market value and selling price.
You Have to Hold an Open House
The idea that an open house is required to successfully sell a home in Irvine is an old one that refuses to die. On the surface, allowing numerous purchasers into your home to see all of the excellent qualities up close and in person appears to be a wonderful idea, but it doesn’t hold up in practice.
The truth is that the majority of the people that come to your open house won’t be able to afford it or aren’t serious purchasers. The majority of them will be tire-kickers — curious neighbors and people looking for a fun way to spend an afternoon. Furthermore, burglars have been known to attend open houses in order to assess a property and determine whether it would be a simple and profitable target.
Some agents continue to promote the advantages of open houses. However, the gain is theirs, not the home seller’s, in actuality. An open house is a terrific way for realtors to get leads, but it doesn’t help the home sell.
You Should Be Present During Inspections and Showings
Another common misunderstanding regarding selling your home in Irvine is that it is a good idea, but it isn’t. Your presence is thought to lend a personal touch, and you’ll be accessible to discuss the house’s history and charm.
However, the truth is that most potential purchasers will feel uneasy and pressured if you are present. It has the potential to cause more harm than benefit.
You Need to Fix All the Problems
You certainly want your home to appear its best, but you don’t have to fix everything and make every repair and modification imaginable. Of course, you should attend to all of the lesser and easy repairs, but you should think carefully about the significant repairs.
When you sell, whatever you do must provide a solid return on investment. Yes, you should touch up paint and focus on curb appeal, but you don’t have to go all out with a kitchen or bathroom overhaul. To determine which repairs will give the best return on investment, contact your Irvine agent at (714) 701-8210.
Selling Is a Waiting Game
To achieve the best price for your home, you must wait for the greatest offer to come along. Waiting to sell your house in Irvine may appear to be a good decision, but it might be costly.
Houses that have been on the market for a long time tend to be overlooked by buyers. They instinctively believe they are overpriced or have serious issues. After a while of turning down proposals and waiting, you may find yourself in a desperate situation and accept a low-ball offer.
You Can Do It All Yourself
Finally, one of the most common misunderstandings about selling a home in Irvine is that you don’t need an agent and can do everything on your own. “Many homeowners mistakenly believe they are market experts simply because they can perform a fast Google search. This is not the way to go because nothing compares to a real estate agent’s years of experience dealing in a local market and many transactions.”
Don’t be fooled by common myths. Contact us today at (714) 701-8210 to sell your house in Irvine in the best possible way.