{"id":345,"date":"2019-12-17T21:55:11","date_gmt":"2019-12-17T21:55:11","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=345"},"modified":"2019-12-17T21:55:13","modified_gmt":"2019-12-17T21:55:13","slug":"3-mistakes-to-avoid-when-selling-a-home-in-2020","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/3-mistakes-to-avoid-when-selling-a-home-in-2020\/","title":{"rendered":"3 Mistakes to Avoid When Selling a Home in 2020"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"720\" height=\"640\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/12\/20191217-MEM-ENG.png\" alt=\"\" class=\"wp-image-346\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/12\/20191217-MEM-ENG.png 720w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2019\/12\/20191217-MEM-ENG-300x267.png 300w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/figure>\n\n\n\n<p>It\u2019s exciting to put a house on the market and to think about making new memories in new spaces, but we can have deep sentimental attachments to the homes we\u2019re leaving behind, too. Growing emotions can help or hinder a sale, depending on how we manage them.<\/p>\n\n\n\n<p>When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes. Being mindful of these things and prepared for the process can help you avoid some of the most common mishaps when selling your house.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>1. Overpricing Your Home<\/strong><\/h4>\n\n\n\n<p>When&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/11\/20\/buyers-are-looking-now-are-you-ready-to-list-your-home\/\">inventory<\/a>&nbsp;is low, like it is in the current market, it\u2019s common to think buyers will pay whatever we ask for when we price our homes. Believe it or not, that\u2019s far from the truth. Don\u2019t forget that the buyer\u2019s bank will send an appraisal to determine the fair value for your home. The bank will not lend more than what the house is worth, so be mindful that you might need to renegotiate&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/09\/23\/is-your-house-priced-to-sell-immediately\/\">the price<\/a>&nbsp;after the appraisal. A real estate professional will help you to set the true value of your home.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>2. Letting Your Emotions Interfere with the Sale<\/strong><\/h4>\n\n\n\n<p>Today, most homeowners have been living in their houses for an average of 10 years\u00a0<em>(as shown in the graph above)<\/em>.<\/p>\n\n\n\n<p>This is several years longer than what used to be the norm, since many homeowners have been recouping from negative&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/08\/14\/the-benefits-of-growing-equity-in-your-home\/\">equity<\/a>&nbsp;situations over the past 10 years. The side effect, however, is when you live for so long in one place, you may get even&nbsp;<em>more&nbsp;<\/em>emotionally attached to your space. If it\u2019s the first home you bought after you got married or the house where your children grew up, it very likely means something extra special to you. Every room has memories and it\u2019s hard to detach from the sentimental value.<\/p>\n\n\n\n<p>For some homeowners, that makes it even harder to negotiate, separating the emotional value of the home from the fair market price. That\u2019s why you need a real estate professional to help you with the negotiations in the process.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>3. Not Staging Your Home<\/strong><\/h4>\n\n\n\n<p>We\u2019re generally quite proud of our d\u00e9cor and how we\u2019ve customized our houses to make them our own personalized homes, but not all buyers will feel the same way about your design. That\u2019s why it\u2019s so important to make sure you stage your home with the buyer in mind. Buyers want to envision themselves in the space, so it truly feels like their own. They need to see themselves in the space with their furniture and keepsakes \u2013 not your pictures and decorations.&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/03\/22\/20-tips-for-preparing-your-house-for-sale-this-spring-infographic-2\/\">Stage<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.mykcm.com\/2019\/02\/06\/the-konmari-method-helping-you-prep-your-house-for-sale\/\">declutter<\/a>&nbsp;your home so they can visualize their own dreams as they walk through your house. A real estate professional can help you with tips to get your home ready to stage and sell.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h3>\n\n\n\n<p>Today\u2019s seller\u2019s market might be your best chance to make a move. If you\u2019re considering selling your house, let\u2019s get together to help you navigate through the process while avoiding common seller mistakes.<\/p>\n\n\n\n<p>Contact us:<br><a href=\"https:\/\/phphouses.com\/\">PHP Houses<\/a><br>142 W Lakeview Ave<br>Unit 1030<br>Lake Mary, FL 32746<br>Ph: (407) 519-0719<br>Fax: (407) 205-1951<br>email: <a href=\"https:\/\/phphouses.com\/contact.html\">info@phphouses.com<\/a><\/p>\n\n\n\n<p>Let&#8217;s Connect:<br><a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br><a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-71b2422a\/\">Linkedin<\/a><br><a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br><a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s exciting to put a house on the market and to think about making new memories in new spaces, but we can have deep sentimental attachments to the homes we\u2019re leaving behind, too. Growing emotions can help or hinder a sale, depending on how we manage them. When it comes to the bottom line, homeowners&hellip; <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/3-mistakes-to-avoid-when-selling-a-home-in-2020\/\">Finish Reading<span> 3 Mistakes to Avoid When Selling a Home in 2020<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[15,18,27,57,52,49,8,40,63,20,48,13,28,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/345"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=345"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/345\/revisions"}],"predecessor-version":[{"id":347,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/345\/revisions\/347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media\/346"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}