Avoid Doing These 9 Things When You Put Your Home On The Texas Market

Dated: 07/21/2017

Views: 434


Want to get as much money back as possible 

from this big-ticket investment? 


Of course you do!


So avoid doing these nine things when you put your 

home on the Texas market.


1. Ignoring your agent's advice

Although you don’t technically need to use a real estate agent to sell your home, hiring one can help you get more money in your pocket.

2. Neglecting important repairs prior to listing your home

Most home buyers will require a home inspection contingency. But that doesn’t mean you should wait for the home inspector to tell you what to fix. If your home has noticeable flaws, go ahead and ask your agent whether you should address them before putting your house on the market.


3. Being restrictive with showings

You want the greatest number of potential buyers to see your home, hence, you need to be extremely flexible when responding to showing requests. Bear in mind that if you decline a showing, the buyer might not come back—and you could potentially lose out on a great offer.


4. Failing to keep the house tidy

To be prepared for last-minute showing requests, you have to keep your home relatively clean, neat, and organized at all times.


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5. Being present for showings or open houses

Home buyers are already apprehensive about touring a stranger’s property, so don’t make things even more awkward by sticking around for open houses or showings. Buyers need to be able to envision your home as their own, which can be difficult to do if they see you hanging around the house.

6. Letting a pet spoil your sale

Even though you love your pet, a home buyer might not feel the same way. Also, dogs, cats, and other animals often leave behind a bad odor, which can be an immediate turnoff.

7. Reviewing offers with a closed mind

Many people form an emotional attachment to their home. But don't let those feelings cloud your vision, especially when you receive offers.

In an ideal world, you’ll nab a full-price (or higher) offer for your home, but be willing to negotiate if you receive an offer that’s below list price.

8. Balking over requested repairs

No matter how well you’ve maintained your house, a buyer’s home inspector is going to find issues with the property. Be prepared to make repairs during the home inspection negotiation period—or at least offer the buyer credit at closing.

Whatever you do, don’t fight over a few hundred dollars. 

9. Overlooking closing costs

While home buyers shoulder the lion's share of the closing costs, home sellers still chip in a good chunk of cash at settlement—roughly 1% to 3% of the home’s final sales price. Unfortunately, many sellers don’t budget for closing fees. In fact, a lot of sellers only look at their agent’s commission when calculating their closing costs.

As a home seller, you can expect to be responsible for these closing costs:

  • A closing fee, paid to the title company or attorney's office where everyone meets to close on the home

  • Taxes on the home sale

  • A fee for an attorney, if the home seller has one

  • A fee for transferring the title to the new owner

Pro tip: After you sign a sales contract with a home buyer, ask the buyer’s title company for an estimate of what you’ll have to pay at closing, so that you can budget appropriately.


Nate Jones

512-636-2864

Texas Residential Realtor

NateJones@NateJonesRealtor.com

Go to www.NateJonesRealtor.com for a complimentary home evaluation?

For exact pricing please call Nate.

NateJonesRealtor.com


Blog author image

Nate Jones

Raised in Miami, Florida, I have been in Austin for over 20 years. I am knowledgable of the Austin real estate market and I understand aspects of the construction and permitting process. In part, I ga....

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