Top 10 Mistakes Buyers and Sellers Make

Buyers

  • Using an out-of-town agent or relative who is not active, informed or connected in the area…or worse, expecting good advice from the agent representing the seller (who is paying the commission)
  • Starting to shop without first being pre-approved and having funds in place
  • Saving money by asking a friend or acquaintance to do inspections, rather than a qualified, thorough  inspector
  • Finally finding just the right home, fortunately it’s listed at a great price, and deciding it’s not a deal unless the sellers will take a random, fill-in-the-blank huge amount less.
  • Being reluctant to be the first one to move forward, then being put off if there are other offers

Sellers

  • Not spending the money to make their home look inviting and chic from day one on the market
  • Neglecting to review agents’ marketing materials, ad plans, property websites and tech know-how prior to committing
  • Not strategically planning the debut date for maximum impact
  • ‘Trying out’ a price that will strike most buyers as too high, leaving a negative  impression of the home
  • Becoming offended about the price the home is actually bringing in — and counting on the fact that it will change in the near future