Home Sellers: Don’t Make these 3 Common Mistakes

Home Sellers Don't Make these 3 Common MistakesWhen it comes time to sell a home, there are a lot of things to be done. It can feel overwhelming. Chances are, you’re shopping for your next home yourself. Chances are, you are wondering how quickly and for how much money your existing home will sell, and you want to know what you can do to make it sell as quickly as possible and for top dollar. You’re trying to keep your house white-glove clean for potential buyers, and you might have more than one real estate professional in your ear on any given day.

When things are that hectic, mistakes can be made. Selling a home can be a pressure-packed experience, and pressure is often what causes missteps. With that in mind, home sellers might consider taking a step back (and a deep breath) and be sure to simply avoid these three common mistakes sellers make.

Mistake No. 1: Missing on the listing price

One of the worst, if not THE worst, problems of a home for sale occurs when it’s listed at the wrong price. If it’s listed below market value, it might sell fast but cost the owners thousands of dollars. If it’s listed too high, it will attract fewer potential buyers and languish on the market. When that happens, price drops are the only recourse, and price drops tend to cause red flags to go up for buyers, as in: “What’s wrong with this place?”

Home sellers often ascribe to the idea of setting the sales price high, then negotiating down. It seems logical, but higher asking prices reduce the number of interested buyers from the start, and only worse things happen from there. A home listed for sale should be priced right at the outset.

Mistake No. 2: Over-improving

When you are ready to put your home up for sale, the temptation is to make it as perfect as you can in the eyes of potential buyers. That means fixing its flaws and updating it so that it can compete with similar homes on the market.

The problem: No home improvement project is going to return a dollar-for-dollar value when the home sells. In other words, spending $50,000 on a large kitchen renovation isn’t going to result in a $50,000 difference in the sales price. So large-scale projects just aren’t worth it.

Any home that’s been lived in for a while is likely going to need some repairs or updates. When you’re going to sell, it’s probably best to focus on quick, inexpensive remedies such as paint, light fixtures, cleaning, and yard work. If major renovations are needed, let the new owners take care of them; you won’t ever get the money back if you take them on yourself.

Mistake No. 3: Ignoring professional advice

You could live until you’re 100 years old and only sell a home a few times in your entire life. Meanwhile, there are real estate agents who sell dozens, if not tens of dozens, of homes in a single year. They know what they’re doing, so listen to them.

You wouldn’t go to your doctor and tell them what medicine to prescribe. You wouldn’t go to your mechanic and tell them what’s wrong with your car. So why would you tell the person who’s been put in charge of selling your home how to do it? Trust the professionals. Take their advice on pricing, improvements, staging, and scheduling. They know.

Again, selling a home can be stressful. It can be even more stressful and costly if you make the same mistakes a lot of home sellers make. Avoiding those mistakes is key to a more profitable and smoother home sale.

Are You Thinking of Buying a Home in Dubois County?

Use our site to search homes for sale in Jasper, Dubois, Spencer, Martin and Davis counties and all of our surrounding areas. Unlike the “big name” sites out there, at Sell 4 Free Welsh Realty our site is directly connected to our local MLS and is updated with new homes every hour. By signing up for New Listing alerts you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the hottest deals!

Start your Home Search now

Popular Jasper Indiana Home Searches:

Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Welcome to this stunning 3-bedroom, 3-bathroom home situated on a spacious .96-acre corner lot. Step inside to discover a bright living room with a vaulted ceiling that flows seamlessly into the dining area. The well-appointed kitchen boasts Quartz countertops and abundant cabinetry, making it perfect for all your culinary needs. Enjoy your morning coffee in the cozy enclosed sunroom.  Take advantage of the convenient laundry/full bath located adjacent to the kitchen and the oversized 2-car garage. On the main level, you'll find three comfortable bedrooms and another full bathroom. An open staircase leads you to the lower level, which features a second kitchen, a family room, an additional full bathroom, an office, and a bonus room currently utilized as a fourth bedroom. Storage is abundant here with built-in shelving  in the storage room and a separate walk-in closet, plus a second staircase that leads directly to the garage. The attached garage is enhanced with an epoxy-painted floor, while the impressive 32'x24' heated second garage/shop offers hot and cold water, multiple air compressor hookups, attic storage, a stereo system, an attic fan, and even a TV for your convenience. A covered porch and a 10'x12' room for lawn equipment complete this versatile space. A separate car `barn adds even more utility, while the spacious patio at the back of the home is perfect for fall gatherings. This home truly has it all—don't miss your chance to make it yours! $364,700 Active

1822 W 5th Street Jasper, Indiana

3 Beds 3 Baths 2,964 SqFt 0.96 Acres

Listing courtesy of BrendaWelsh from SELL4FREE-WELSH REALTY CORPORATION.

Situated on a .35 acre lot is this 1402 sq. ft. all brick ranch style home. Features include 3 bedrooms and 2 full bathrooms and offers a neutal decor. This home also includes a separate family room with a fireplace as well as a living room. Updates include new flooring, fresh paint, some new light fixtures, a new commode, and much more. There is also a large rear yard and patio for entertaining and an attached 2 car garage and driveway for parking. This home is conveniently located near schools and shopping and offers immediate possession. $234,900 Pending

1312 W Clover Street Jasper, Indiana

3 Beds 2 Baths 1,402 SqFt 0.35 Acres

Listing courtesy of GarySchnell from SELL4FREE-WELSH REALTY CORPORATION.

Welcome to 952 E 24th St in Ferdinand, IN! This delightful rambling ranch offers an abundance of space both inside and out, situated on a generous 3.24-acres +/-. Perfectly designed for your favorite hobbies, the fenced pasture invites a variety of outdoor activities. Surrounded by mature trees and a rolling landscape, this property is truly a must-see. Parking is a breeze with both a 3-car detached garage and an attached 2-car garage, featuring an extra set of stairs that lead directly to the basement. Imagine unwinding in the evenings on your swing beneath the charming pergola. As you step inside, you'll be greeted by an inviting family room boasting panoramic windows that seamlessly bring the outdoors in. The oversized kitchen is a chef's dream, complete with a walk-in pantry, a spacious island, and ample room for a dining table, perfect for gatherings. Adjacent to the kitchen, the den provides additional space for relaxation or entertainment. The main level also features three spacious bedrooms and one and a half baths, ensuring comfort for everyone. Venture downstairs to discover a massive open room, complete with a bar area—ideal for recreation and entertainment. The basement is also plumbed for an additional bathroom, adding to its versatility, and a laundry room conveniently completes this level. Don’t miss out on the opportunity to transform this charming country home into your very own sanctuary, all while being just a stone's throw from town. This is your chance to embrace the best of both worlds! $329,700 Active

952 E 14th Street Ferdinand, Indiana

3 Beds 2 Baths 2,921 SqFt 3.24 Acres

Listing courtesy of BrendaWelsh from SELL4FREE-WELSH REALTY CORPORATION.