3 Common Renovation Mistakes Home Sellers Make
There are 3 common renovation mistakes that home buyers notice which they can use to their advantage.
Note to Sellers: Begin by focusing on the goal of the renovation!
These 3 common renovation mistakes occur in the following scenarios:
1. When a seller decides to renovate their home prior to putting it on the market
2. When a seller decides to renovate their investment property prior to putting it on the market
3. When a difficult to sell property gets a makeover after it's been on the market forever
Sellers, you need to begin by focusing on the goal of the renovation!
The goals of the renovation should accomplish the following:
a.) Attract buyers by increasing the likelihood they can see themselves living in the home.
b.) Increase the number of potential buyers. Few buyers want to do renovations unless it's a fire sale.
c.) Not to decrease the number of potential buyers. Few buyers want to redo a poor renovation.
d.) Get yourself the most money possible from the sale. Reduce the buyer's reasons to offer less.
e.) Get your property sold sooner rather than later so you can move on.
Keep this in mind: When buyers are looking for a home to purchase they are eliminating homes from their list of potential homes in order to find the home they will buy.
Stay tuned for the mistakes!
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