Avoid These Mistakes When Selling Your New House for Sale in Malaysia
January 25, 2020
Selling your home – especially if you have never done it before – can be surprisingly emotionally challenging and time-consuming. For sure, strangers will come into the home and poke around in your cabinets and closets, which can make you uncomfortable.
It would put you in an awkward situation as they will criticize a place that probably has become more than just four walls and a roof to you. To rub salt in the wound, some will offer less money than you think your house for sale in Kuala Lumpur’s worth.
With absolutely no experience and complex emotional transaction on your hands, it makes every first-time home seller vulnerable to mistakes. But with little tricks and know-how, you can avoid many of these pitfalls altogether.
Check out more to find how you can get the highest possible price for your new condo for sale within a reasonable timeframe – without losing your sanity.
Mistake No.1: Overly Emotionally
Once you decide for a new house for sale in Johor Bahru, it can be helpful to think of yourself as a property seller and businessperson, rather than as a home’s owner.
Thus, by looking at the transaction from a purely financial perspective, you might want to keep yourself away from the emotional aspects of selling the property that you have undoubtedly created many priceless memories in it.
Try to remember how you felt when you were shopping for that home. Most of the buyers also will be in a similar emotional state. If you are aware that you are selling not just a piece of property but also an image, you will be more likely to put in the extra effort of staging. Perhaps, some minor remodeling to get top dollar for your home.
Mistake No.2: Not Hiring Good Agent
Although real estate agents usually will demand a hefty commission, which around 5 percent to 6 percent of the sale price of your home. It is probably ill-advised to try selling your home on your own, especially if you are still new in the property field.
Thus, the right agent can be a great help in setting a fair and competitive selling price for your house for sale in Johor, which will increase your odds of a quick sale. The experience that they have in negotiating a home sale can potentially maximize your money than you could on your own.
Moreover, if any problems arise during the process, they even could help you to handle all the hassle for you. Finally, there is no one more familiar with all the paperwork and pitfall involved in real estate transactions, which could ensure the process goes smoothly. Check out Mah Sing’s website to find out more.
Mistake No.3: Setting an Unrealistic Price
Whether you are working with a property agent or doing it alone, setting the right asking price for the Bangi property for sale is the key here.
Still, remember the comparable market analysis you or your agent did when you first bought your home? Buyers also will do the same for your home too. So, as a seller, you should be the one to step ahead of them.
Don’t be too concerned about setting a price that is on the low side. By theory, this will generate multiple offers and bid the price up to the actual market value. As a matter of fact, under-pricing your home could be an excellent strategy to create extra interest in your listing. Furthermore, you can always reject an offer that is too low.