Selling a home is a time-consuming and laborious process. It consists of many moving parts that can cause delays at any given point.
As a seller, the goal is to save yourself the time and hassle of having your property sit on the market for too long. The faster you offload your property, the less showings you have to give, and the less stress and uncertainty you have to deal with.
There are pitfalls that some home sellers stumble into during the selling process. Usually, these only require easy fixes. Here are some of the issues that you should address to sell your Las Vegas home quick:
Pricing the property too high
One of the biggest mistakes homeowners make during the selling process is pricing their property too steeply. While I understand that it is your dream home and it has served you well, your emotional attachment shouldn’t play a role in determining the price that you settle on. The truth is, the value of your home is dictated by how much people are willing to pay for it.
Whether you are working with an agent or endeavoring to sell the house on your own, settling on your asking price should be based on current Las Vegas real estate prices. Do your research and compare your price to the listing price of homes with similar specs. Listen to feedback from potential buyers and adjust your pricing from there.
If you are dead set on the amount you intend to sell your property for, look into affordable upgrades that can justify your pricing.
Not using good quality pictures on the online listing
According to the National Association of Realtors, 87% of buyers found listing photos a determining factor in their buying decision.
The photos that you choose to list your home with should give your property justice. As they say, first impressions last. You can lose potential buyers with bad photos. Needless to say, this can affect how long your property sits unsold on the market.
I understand that hiring professional photographers might put a dent on your budget. However, the market can be quick and unforgiving. Bad quality pictures can misrepresent the house you’re trying to sell. Las Vegas home prices are competitive. Professional listing pictures can help your property stand out. Choosing to hire a professional is an investment that could hasten the selling process.
Failing to stage the home
Staging should be part of your list of things to do before selling your house. Staging allows buyers to picture themselves living in the home. Unfortunately, there are still sellers that fail to understand the importance of this step.
Arranging open houses is similar to going on a first date. When you stage a property, you put your best foot forward. Staging ensures that your home makes a good first impression on potential buyers.
Contrary to popular belief, it doesn’t take much to stage a property. Cleaning up, eliminating clutter, and removing personal items like pictures and framed diplomas are often enough to make potential buyers comfortable in your space. For homes that are empty, there are professional stagers that can help furnish the area for showings.
Neglecting to address glaring interior issues
Aside from the price, a home can sit unsold for a long time because buyers find something wrong with the property. Whether it is a structural issue like cracks in the foundation or questionable interior design choices like busy wallpaper, buyers are deterred from making an offer because they don’t think that your property is worth the hassle of renovations.
If you are facing this predicament, there are two solutions to this issue – fix the interior problem or lower your price.
Choosing to opt out of a good Realtor in Las Vegas
Especially if this is your first time selling a property, it isn’t a good idea to forgo the assistance of a licensed Realtor in Las Vegas. The selling process is complicated and tedious – it is a full-time job.
A Realtor has your best interest in mind. They provide expertise when it comes to pricing your property, arranging open houses, and negotiating home sales. Their help is invaluable.
Looking into Las Vegas Real Estate?
I, Loralee Wood, will help! With almost two decades worth of experience in the Las Vegas real estate market, I can provide expert advice on buying and selling properties in the area. If you are ready to sell you home in Las Vegas, I am just a phone call and email away. Contact me, Loralee Wood, at 702.419.3212 or loralee(dotted)wood(at)cbvegas(dotted)com.