Putting your property up for sale can be an exciting and stressful experience, particularly if this is your first time doing so. There are many pitfalls you might easily walk into that can eventually make the whole process less than ideal for you. The good news is that we have compiled a list of the most common mistakes owners make when selling their property, so you don’t repeat them when the time comes. Here are some mistakes to avoid when selling your property.  

Mistake #1: Paying Hefty, Unnecessary Fees

Let’s get one thing straight: selling your property should eventually result in a profit for you. However, many owners walk away with almost nothing in terms of profit because they choose to pay hefty, unnecessary fees. For starters, they pay a fee to both the buyer’s agent and seller’s agent, equal to five and six percent of the property’s total price when sold. So what if we told you that you don’t have to worry about the fees anymore? Sell your property to SellMyBuildings and stay miles away from realtor fees and closing costs. Learn more.

Mistake #2: Not Budgeting for Move

When it comes to moving, you have two options: either hire a moving company or rent or borrow a truck and do it yourself. Hiring a professional mover is your best bet since they will take care of the packing, moving, and unpacking of your stuff while you focus on other responsibilities that come along with property sales. Additionally, when you hire movers, your goods are insured, protecting you financially if anything breaks during the relocation.

Mistake #3: Pricing the Property Incorrectly

If you set the price of your property at an unrealistically high level, it’s very likely that it will remain on the market for longer than it should. On the other side, setting the price too low may certainly result in a quick sale, but you risk losing a significant sum of money. Working with an experienced investor like DNS Investment, a sister company of SellMyBuildings, is the first step toward determining your  property’s accurate value.

Mistake #4: Not Addressing the Property’s Poor Condition

A lot of people don’t really take the chance to clean and spruce up their property before they put it up for sale. If you’re going to sell your property, the poor condition may make prospective buyers worry about what else you might be hiding from them. If you’re an owner struggling to liquidate your property immediately and don’t have time to bring it back into its best shape, don’t worry; just give SellMyBuildings a call for an all-cash offer. Whether you’re going through a foreclosure, need to sell your property fast and liquidate, or just can’t sell your property at all—At DNS Investments, we make that happen. We’re a family-owned business based out of Florida, buying apartment buildings and multi-family properties. Additionally, we practice complete transparency, which means no hidden costs, fees, or conditions.
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