5 Mistakes Homeowners Make When Selling Their Homes In Kansas City

Mistakes Homeowners Make When SellingAre you thinking about selling your house in Kansas City? If so, you’ll want to watch out for these mistakes homeowners make when selling their houses in Kansas City!

Have you sold a house in the past? If so, you might recognize some of the common mistakes outlined below. We work with sellers quite often who wish they would have done things differently from the beginning. Keep reading to learn more about some of the most common mistakes homeowners make when selling a house in Kansas City, plus what you can do to avoid them.

Pricing It Incorrectly

When you need to sell a house in Kansas City, one of the most important things you can do is price it right from the very beginning. Many homeowners have an inflated view of what their house is actually worth, causing them to set their listing price too high right out of the gate. As such, they will be forced to lower the price which also lowers a potential buyer’s perceived value of the home. When a price is cut over and over again, people may assume there is something wrong with the home. And don’t forget… the longer the house is listed, the lower it is going to drop in the search results.

So many times we end up buying a house that just didn’t sell after months and months of being listed with a Realtor.  Often we will suggest to the seller to just lower their current listing price and to call us back if it does not work out.  Some take our advice and others are just sick and tired and want a cash offer now that will close in a few days or weeks.

Not Exploring Their Selling Options

Many people believe that in order to successfully sell their house, a Kansas City real estate agent will need to be involved. However, this is not always the case. For some homeowners, selling directly to a buyer such as kcmoHomeBuyer will end up saving them time and money overall. When a house needs work or needs to be sold in a limited amount of time, a direct sale will often be the best choice. Without repairs, commissions, or waiting to close, you will be able to save both time and money on the sale of your Kansas City house.

And if you are going to list with a Realtor, you can list a house as-is.  Realtors sell houses like this all the time, although most like to have everything nice, clean, and pretty.

Paying Too Much To Sell

Selling a house in Kansas City will inevitably come with some costs when hiring an agent. There are typically repairs, upgrades, professional cleaning, and staging that will need to be done before the house is even listed. These expenses are out of pocket, without any guarantee of a return. Be careful not to spend too much money making repairs on a house you don’t want. When you sell your house directly to kcmoHomeBuyer, there are not any costs either before or after the sale. This means you will able to avoid all cleaning and repair costs, in addition to agent commissions and fees.

And speaking of commissions and agent fees be sure to find out what they are upfront and remember that these are negotiable items.  Some brokerages charge a commission anywhere from 5 percent to 8 percent.  Others charge a flat listing fee and suggest another 3 percent be offered to the buyer’s agent. Yet other brokerages add a transaction fee on top of the commission, so be sure to find out what all the costs are before you sign the listing agreement.

Not Understanding Their Buyers

When you decide it’s time to sell your house, you need to have a good idea of who you’re selling to. Who’s buying in the area? Are their more families? Students? Retirees? While a sale is a sale, by knowing which demographics are the most prominent in your area, you will be able to increase your odds of finding a buyer faster. If you own a house that needs a little work or isn’t competitive with others on the MLS, working with an investor will likely be the best way for you to sell. Investors such as kcmoHomeBuyer love the opportunity to purchase fixer-upper houses that we are able to restore to their old glory. We always make fair offers no matter why you are choosing to sell your house in the Kansas City area!

Not Properly Staging

When you list your house on the MLS in Kansas City, you’ll need to get it ready for the people coming to see it.  That is if you want to get it sold in the fastest time for the most money.

A good rule of thumb is to remove all personal items so people viewing your home don’t feel as if they are intruding. All clutter should be removed as well as clunky furniture or pieces that don’t serve a purpose.

Many homeowners avoid staging or simply shove all their stuff in a closet and call it a day. The trouble with this is that people are going to look in your closet! To properly stage a house, you may want to consider getting rid of pieces that you’ve been holding on to for too long, or storing these items off-site.

That said, you will also want to avoid showing a house that is completely empty. With the proper staging, you’ll be able to highlight the property’s potential without distracting from the home itself.

To avoid the costs of staging, cleaning, and storage, consider selling your Kansas City house directly to kcmoHomeBuyer. We buy local properties as-is, without any repairs or upgrades required. You won’t even have to clean up.

Selling your house in Kansas City is likely one of the largest financial decisions you will make. By knowing what to watch out for, what to avoid, and what to pursue, you’ll be able to choose the best selling method possible for your house in Kansas City or the surrounding area.

We can help you avoid the common mistakes homeowners make when selling their homes in Kansas City! Contact us today to learn more! (816) 800-9044

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