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Tips on What Not to Do When You Sell Your House
Apr 30, 2014
There are many guides on what you should do when you are selling your home but not very many on what not to do. Selling your home is a complicated and sometimes frustrating process but by following these simple – and surprising – tips, you will have an easier time finding the right buyer and a smoother sale process.
When showing your house to prospective buyers, it is important to make it feel as welcoming and adaptable to their needs and desires as possible. With this in mind, remember these 4 easy tips:
- 1. Don’t spend a fortune redecorating:
When people buy a new house, they are usually prepared – even excited – to decorate it to their own taste and make it really feel like home. Repaint walls if they are too busy or bright and choose neutral shades that show off the architecture and let your prospective buyer’s imagination run wild.
- 2. Don’t neglect the outside:
Curb appeal is immensely important when showing a home so take a good look from the outside and spend some time fixing broken gates and repainting if it is needed. Remember: it is the outside of your home that will make the first impression.
- 3. Don’t hang around during showings:
Nothing makes looking at a potential home quite as uncomfortable and unwelcoming as having the current owners hanging around and watching you snoop around. Instead, give your prospects some space to get a good look at everything they want to see.
- 4.Don’t forget their other senses:
Scent is often described as the most overlooked sense. It can have a huge impact on how people react to your home but it easy to forget at the last minute. Make sure to clean smells like cigarette smoke and pets thoroughly from each room before showing as these can be very off putting to strangers. Have someone who does not live there come in and let you know if there is a smell that needs to be addressed. Don’t use too much air freshener either as many people find it almost as unpleasant as smoke.
Finally, do not cancel your insurance in advance. While many people find it easier to send advanced notice to their insurer’s cancelling their insurance as of the intended date of closing, this can be an expensive mistake. Go ahead and transfer or cancel other services and utilities once you have moved but your insurance must stay valid until right up until the moment that ownership changes hands. This is because the seller is responsible for the property during the time between the signing of the Agreement of Purchase and Sale and the actual completion of sale.
Closing dates are often pushed back a day or two as the buyer finalizes financing and the seller remains liable for any damage sustained to the property during this time. In fact, if something happens the buyer has the right to terminate the deal or accept the insurance proceeds and close the sale as is. If you do not have insurance, you will have to pay for those damages and will very likely lose the sale.