5 Costly Mistakes Sellers Make
Mistake #1
Not knowing what the market pricing is in your neighbourhood.
Pricing of your home involves a lot of variables and what a home sold for last year, and sometimes even last month, is not a price the market will bear. Have a professional home evaluation will ensure that your home is priced properly according to current market conditions. As an experienced real estate professional, Derek Hooper can guide you to a successful and profitable home sale.
Mistake #2Not knowing who the agent represents.
Unless an agent is working as the buyer representative, they represent the seller. Many people don't realize this.
Mistake #3Understanding your mortgage fees.
Talk to your mortgage professional, you may be able to transfer your existing mortgage to your new home purchase, saving you thousands of dollars.
Mistake #4Not finding problems with the home before selling it.
You should always have a professional inspector look at the home before selling it. Finding issues that may be exposed when the purchaser has a home inspection could cost you thousands of dollars in a negotiated lower price. Don't be caught off guard by small fixable things that will cost you a lot of money.
Mistake #5Not understanding how their credit can impact their ability to purchase or refinance a home.
Get a mortgage professional to help you go over and prepare your credit file before you buy your next home.