Things to Avoid When Buying or Selling a Home
Buying or selling a home can be a big decision in anyone’s life. One can easily feel overwhelmed by the details involved in the process. For most of us, buying or selling a home is one of the biggest investments in our lives. Here are things Aaron Greterman recommends avoiding when buying or selling your home to help you go through the process seamlessly.
FOR BUYERS
Not Doing Proper Research and Preparation
Knowing what your family needs and how much you can afford is crucial for any new home buyer. A wise home buyer will figure out their payments and financial situation before diving into the house hunt. Getting to know the neighborhood is important, too. You’re not just buying the house – you’re buying into a neighborhood as well.
Various amenities such as schools, restaurants, hospitals, and shopping malls are also important considerations. Aaron Greterman says, “Is the house you’re looking at close to your child’s school/daycare? How far is it from your work? You also need to take into consideration the crime rate and make sure it’s low.” Make sure to take these things into consideration.
Choosing the Wrong Mortgage
To put yourself in the best possible negotiating position, Aaron Greterman advises that you need to not just be pre-qualified for the loan – you also have to have your loan pre-approved. This is an absolute must before plunging into house hunting. Find out how much you can afford to spend on your house and then figure out what price range of homes are realistic for you to look at.
Being Influenced by Market
“One of the biggest mistakes a new buyer can make is get influenced by the market more than their requirements,” Aaron Greterman says.
We all know that the market moves around. One day it’s up, and the next day it’s down. There are specific times when buying a home is more beneficial than other months of the year, but waiting too long for the “right time” is synonymous with playing with your family’s future. Aaron Greterman doesn’t want you to worry about this. Instead, trust your real estate agent with these details and ask any questions you have along the way.
FOR SELLERS
Neglecting Curb Appeal
There’s nothing like a good first impression, and this is the one thing we believe all sellers should focus on. A well-maintained exterior gives out the signal that the interior of the house is as well-maintained as its exterior. As Aaron Greterman would say, “Time to get your bush trimmers and paintbrushes out and get to work!”
Overpricing Your Home
It’s normal to feel like you need to set the price higher for later negotiation when setting up a price for your home, but that can actually cause you days on market and you could get a lower offer than your originally would have received. Overpricing your property can be counterintuitive when it comes to selling your home. Talk to Aaron Greterman and make sure your home is at a competitive price that fits homes that are of similar value to yours in the market.
Don’t Skimp on Pictures
Pictures are a great way to show your home on various listing platforms and social media. To garner maximum attention from potential buyers, it’s important to hire professional photographers when taking pictures of your home. Aaron Greterman says, “A professional photographer can accentuate all the pluses of your property and hide a few flaws as well.”
A COMPLICATED PROCESS MADE EASY
From research and preparation when it comes to buying a home to knowing what listing price to put your home at when selling, Aaron Greterman understands that the entire home buying/selling process can be daunting – but it doesn’t have to be. Let’s talk! As a native to the FM area selling homes here for over 20 years, he would love to see what he can do to help.