Vincent Salvitti headshot photo

10 Deadly Mistakes In Selling Your Home: Traditions Realty News

Vincent Salvitti headshot photoThe process of selling your current home can be a scary one…but it doesn’t have to be. Traditions Realty’s Vince Salvitti shares 10 things to avoid when selling your home to help make the process as stress free as possible.

1.     OVER-PRICING YOUR PROPERTY
Naturally, most homeowners want to maximize the profits on the sale of their home. Over-pricing your home can often result in a lower net price than you would have received if it had been listed at the appropriate price from the beginning.

2.    EXPECTING SAVINGS BY LISTING YOUR HOME ’FOR SALE BY OWNER’ OR WITH A ‘DISCOUNT’ BROKER
Learn what factors contribute to realizing the most money in the sale of your home…and why it is difficult to compete with the professionals.

3.    LISTING WITH FRIENDS OR FAMILY
Find out why listing your home out of a sense of obligation can be detrimental to the sale.

4.    FAILING TO SHOWCASE YOUR HOME OR MAKE NEEDED REPAIRS IN ADVANCE
A buyer’s first impression is key to realizing the maximum sale price. Learn how ignoring this can cost you thousands!

5.    HIRING A PART-TIME OR INEXPERIENCED REALTOR
Any agent can show enthusiasm at the listing appointment. Find out the true marks and benefits of an experienced agent and how it can add value to your home!

6.    HARD-SELLING A POTENTIAL BUYER
Buyer’s typically have a low comfort level when inspecting a stranger’s home while the owner is present.

7.    FAILURE TO DISCLOSE
Educate yourself about the law and the obligation of a seller to disclose. Knowing the facts can save you money in the end!

8.    FAILING TO MINIMIZE RISK IN BUYER QUALIFICATION AND REPUTABLE CHOICE OF LENDER
Too often, unqualified buyers enter into contracts without the appropriate support of a reputable lender. There’s a host of complications that can occur which can delay and even cancel your transaction. Find out how to avoid them and save time, stress and money!

9.     IGNORANCE OF THE RIGHTS, RESPONSIBILITIES AND OBLIGATIONS OF A BINDING CONTRACT
If you are ill-informed about these often complex and confusing factors it could end up costing you a considerable sum of money.

10.    IGNORANCE OF TITLE, TAX, PAY-OFF AND LOCAL GOVERNMENT ENFORCEMENT ISSUES
Once your home is under an agreement of sale, a process begins. Find out how to avoid surprises that can cause unexpected expenses or even stop a settlement at the last minute!

What’s the safest and best way to move forward with the purchase of a new home at Traditions of America when you have an existing home to sell? Traditions Realty has assisted over 700 customers since 2008. Traditions Realty services come with each sale, whether you are purchasing contingent upon selling your existing home or purchasing non-contingent. It’s simply a matter of which program works best for you, HomeFree or HomeAssist. Both programs come with up to $10,000 value-protection on your existing home! These programs are focused on minimizing risks for you, our valued customer. Before you do anything related to the sale of your existing home, be sure to visit our website to learn more, speak with your New Home Counselor or call, Vincent Salvitti – Resale Director, at 267-546-2274 about our Resale Programs.

You deserve to know all the options before you purchase…and protect your investment!

By Traditions of America Marketing Team