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.

Not knowing who the agent represents.

Unless an agent is working as the buyer representative, they represent the seller. Many people don't realize this.

Understanding 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.

Not 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.

Not 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.