4 Mistakes To Avoid When Selling Your Home in Atlanta
Selling your home in Atlanta can be overwhelming, as there is a high level of competition compared to the volume of homes for sale in the Atlanta real estate market. If you are considering selling your home, you may be wondering how you make your home stand out.
At Mark Spain Real Estate, we’ve remained the #1 team in the US for closed transactions for the fourth year in a row! Additionally, we have been working in the Atlanta housing market for over 25 years, and our expert real estate agents have come to learn a few things. Below, we’ve put together four of the top mistakes to avoid when selling your home in Atlanta to give you peace of mind and ensure that you sell your home at the highest price possible.
Selling Your Home in Atlanta – Mistakes to Avoid
Overspending on Renovations
If you’re looking to sell your home in Atlanta, it’s important not to overspend on renovations, updates, and maintenance. Of course, some maintenance is essential, such as HVAC or structural repairs. But do not expect a dollar-for-dollar return on your investment if you’re updating an old bathroom, hot water heater, back deck, etc. Certain updates provide a better return than others, and many updates may help you to sell your home fast. Strategically selecting your renovations is critical to selling your Atlanta home.
Assuming the First Offer Will Go Through
Home sellers often make the mistake of assuming that the first offer will go through. Be prepared for one or two potential buyers to fall through the cracks due to any number of unpredictable factors, especially in a busy real estate market such as Atlanta.
You’ll want to continue your marketing efforts and home selling endeavors through to the final closing table. This will avoid getting your hopes up and making any premature purchases, and also ensure that your home selling process is smooth and thorough. An experienced Atlanta real estate team will properly set these types of expectations.
Pricing Your Home Too High
One of the most common mistakes that home sellers make is trying to price their homes too high. When selling your home, it’s important to trust what the market and real estate professionals deem that your home is worth. But by listing your home at too high of a price, your home may sit on the market for an exorbitant amount of time. After too long, selling your home only becomes more challenging, even if you lower the price, because the time spent on the market may spook potential buyers. With decades of experience in the Atlanta real estate market, Mark Spain Real Estate works with you to carefully and strategically identify the ideal listing price for selling your home.
Selling Your Home in Atlanta On Your Own
Another common mistake that homeowners in Atlanta make is trying to sell their home on their own. In housing markets such as Atlanta, homes are selling so fast, sellers frequently believe that they can do it alone and avoid any fees associated with hiring a realtor.
But working with a qualified real estate agent who specializes in the area of Atlanta will always more than pay for itself. Often, when homeowners try to sell their home on their own, they run into unforeseen complications or quickly come to find just how grueling the process can be. Sellers and buyers without representation can easily become frustrated, which may delay the process. Additionally, when selling your home on your own, you risk overpricing or underpricing and not getting the value for your home that you deserve.
Mark Spain Real Estate has spent decades studying and learning everything there is to know about the Atlanta real estate market. With local, experienced real estate agents at the ready, we make selling your home in Atlanta easy!
As the number one real estate agency in the country for customer satisfaction, Mark Spain Real Estate is here to ensure that your home selling process goes exactly as you anticipated. Contact us today to get started.