Real EstateSelling your home can be an exciting time for you and your family, as it typically signals a transitional time in your life, whether you are moving up into a bigger home in your metro Denver neighborhood or moving out of town to start a new adventure. Selling your home also can represent one of the single largest financial transactions in your life. To sell your Denver home as quickly as possible and for your desired price, it’s important to steer clear from the following four common mistakes of selling a home.

Letting Your Price Sideline you from the Action

There’s no denying that Denver’s real estate market is hot, but if you get greedy and price your home beyond its reasonable price point, then you’ll miss out on selling your home quickly and getting the appropriate value out of your home. To get in the game of selling your home this summer, it’s important to enlist the help of a seasoned real estate veteran to perform a market analysis that can help you set a competitive, but reasonable, price that reflects your home, neighborhood and city’s market value. The Denver Post recently reported that the median price of Denver area homes sold last month increased from $268,200 in March to $280,000 in April, signaling a favorable time for homeowners to sell their properties this summer. 

Relying on the Sign

With inventory levels only half of what a normal market would represent and homes selling within days, rather than months, Denver’s residential real estate market is moving and shaking. With such a strong demand and weak supply of homes on the market, you may be tempted to just put up a For Sale sign in your front yard or post your home on Craigslist and call it good. While this approach may entice the attention of your neighbors, you will miss out on the opportunity of marketing your property on the nationwide MLS database and catching the attention of buyers’ real estate agents who influence which properties buyers visit.  

Keeping the Blinders On

Although you know every room and corner of your home and love every piece of décor you have added to your home’s design, that doesn’t mean that buyers will necessary love every part of your home. To make your property the best listing on the block, it’s important to have an experienced real estate agent helping you sell your home who can offer objective insight and experience to highlight the advantages of your home (school district, proximity to public transportation, etc.) and downplay the less opportune areas of your home.

Relying on “The Google”

As you prepare to put your family’s home on the market, you might be asking yourself, “Why can’t I just download a sellers’ contract template from the Internet and give that to interested buyers?” While the short answer is maybe, the smart answer is no way. The Internet can provide a wealth of information to help prepare you to sell your house, but when you start receiving multiple offers and contracts from interested buyers all at once, it’s important to have an experienced real estate agent on your team to quarterback the process of evaluating all of the offers and finding the best one to meet your financial and personal objectives. Selling your house involves the transfer of thousands of dollars from one party to the next, so wouldn’t you be more comfortable with having a professional on your side that has your legal and financial interests top of mind?

When you’re ready to put your Denver area home on the market and capitalize on the demand for competitively priced homes in good condition and in good neighborhoods, give our team of real estate experts at New Era Realty a call. Our expert agents specialize in all sizes and price ranges of single family homes in neighborhoods across the Denver area – ranging from the park neighborhoods (Congress Park, Cheesman Park, Washington Park) to Capitol Hill and the Highlands. Our agents will make sure that you steer clear of these common home selling mistakes so that you can sell your home quickly and for the price you need.

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