5 Mistakes Home Sellers Make

Mistake #1:

Choosing the wrong agent for the wrong reasons.
Many homeowners list their home with the agent, who tells them the highest price, or they list with the agent who works for the biggest company, or they list with a “local agent”. Buyers no longer go to the Real Estate office on the corner and look through a book to find a home. We give the same service, or better, than companies that charge you THOUSANDS of dollars more.

Mistake #2:

Signing a listing contract with no way out.
Most traditional real estate agents want you to sign a listing contract with no way out. When you list your home with Urban Gate Realty Group, you can cancel your listing agreement at any time, no questions asked. Once you choose your agent from Urban Gate Realty Group, make sure to add this option in your listing contract.

Mistake #3:

Not knowing all of their legal rights and obligations.
Real estate law is complex. The contract that you will sign when selling your home is legally binding. Small items that are neglected in a contract can wind up costing you thousands of dollars. Most Listing Agreements require you to pay a commission to the listing agent, even if you find the buyer. You need to consult a knowledgeable professional who understands the in's and out's of a real estate transaction and protects you.

Mistake #4:

Basing price on needs or emotion rather than market value.
Many times, people make their pricing decisions based on how much they paid for or invested into their home. This can be an expensive mistake. Overpriced homes take longer to sell and eventually net the seller less money. Under priced homes cost the seller valuable equity. We can assist you in pricing your home correctly from the beginning.

Mistake #5:

Failing to "Show-Case" their home.
First impressions are the most important. Experience shows that for every $100 in repairs that your home needs, a buyer will deduct $300-$500 from their offer. Thoroughly clean and prepare your home before you put it on the market if you want top dollar.