Omaha has a rapidly growing population, along with an active real estate market that is increasing in value. If you live in Omaha and are trying to sell a property, you need to be aware of the pitfalls that so many fall into.
This way, you can turn a profit and get your home sold in a timely fashion. Here are the top home-selling mistakes that people in Omaha make.
If you're selling a home in Omaha, learn as much as you can about the nationwide, statewide, and local housing markets.
Recognize that Omaha is one of the best places to live right now. People appreciate its unspoiled nature, low crime, clean air, and proximity to thriving jobs in healthcare, insurance, agriculture, and other areas of business.
The economy, people's living habits, local politics, and other matters affect the real estate market every year. Do your research to know what kind of market you're entering at the time you're selling your home.
One of the biggest mistakes people make is rushing to sell their house. It's understandable to move quickly if you have urgent financial matters or other issues that you're dealing with.
But if you're going through a standard home sale process, the name of the game is to test the market and take however many offers you need to get the best deal.
Homes right now spend an average of 61 days on the market. Give yourself a month or two to test the market before moving forward with a buyer.
With that in mind, several sellers also wait too long to enter a deal. Your home becomes unattractive to buyers if it sits on the market for too long. People will wonder if something is wrong with the house if it's been sitting for 9 months with no buyer.
The longer you wait, the price of the offers will start to go down and you will end up cutting into your profits.
You have a responsibility to know the value of your house when you list it on the market. The only way to know this is by getting an appraisal from a professional.
Many home sellers mistakenly enter the market based on ballpark estimates, or no information at all.
If you're selling your home, you have to think of yourself as a marketer. You're trying to get as much visibility to the home as you can while showing off its strong features while downplaying any barriers to the sale.
Your marketing should be honest and forthcoming while using descriptive language to paint an amazing picture. Use video, photos, and a virtual tour so that people can imagine what it's like to live in the house.
Put together a full-court press with your marketing, using social media, SEO, and every other form of marketing at your disposal.
The biggest mistake people make is trying to do everything themselves. Always find the help of real estate agents, lawyers, marketing companies, and other pros that can make everything easier for you.
This lightens your load and helps you sell your home more effectively.
Do your best to avoid these home-selling mistakes when you're trying to sell a home in Omaha. You'll get the best results for your efforts, and will be better able to get the price you're going for.
Nebraska Realty has the agents that you need to help you out with your real estate needs in Omaha, Bennington, Gretna, Elkhorn, Council Bluffs, Papillion, and the surrounding areas. E-mail us for further info, or call us at (402)491-0100.