Selling a home can be stressful. It is, in fact, more nerve-racking than going bankrupt, losing your job, or getting a divorce, according to a British study of 2,000 sellers. It doesn’t have to be this way, though. To reduce stress and stay on the route to success, be careful to avoid these four mistakes when selling a second home in Lake Carroll.
- Don’t Take Bad Photos
Whether it’s a Lake Carroll vacation property or family home, first impressions are everything. Ergo, sellers should take their time shooting the best possible photos in order to attract buyers. Buyers who get the wrong impression when viewing a home on the web won’t ask for a showing, and if they don’t have a showing, they won’t buy.
Research shows that 83 percent of buyers think pictures are very important, while properties with high-quality images receive a 47 percent higher asking price per square foot. So, a little extra care with your photos will not just help you sell, it might lead to more money in your pocket on closing day.
- Don’t Sell a Second Home That’s in a Poor Condition
Homes in a state of disrepair are a tough sell and are likely to stay on the market for a long time. Sellers should accomplish any repairs and upgrades they can accomplish before putting their home on the market, even if they are relatively minor. A quick paint job or some minor renovations could make the home much more attractive to potential buyers and can even add value to the property. You may be hesitant to make repairs now, but they should provide you with a return on your investment when you sell.
- Don’t Use Bold Colors in a Second Home
We’re sorry to break it to you, but the flamingo pink family room will have to go. Bold, bright, brash color schemes can scare buyers. At best, they’ll be considering the cost and hassle of repainting instead of thinking about the many years of rest and relaxation they could be enjoying there. Research shows that light powder blue is the best paint color to increase home value, especially when it’s used in a bathroom. This shade could boost the price of a property by as much as $5,440. Other neutral colors like white and off-white could also increase the value of Lake Carroll real estate.
- Don’t Work with an Inexperienced Realtor
Homeowners who work with an inexperienced realtor could jeopardize their chances of selling their property. Many real estate companies have no experience when it comes to selling second homes and, as a result, these properties stay on the market for months or even years. Why? Buyers in the market for a second home are a different audience than typical homebuyers, with different aims, expectations, and often different lifestyles and incomes. Sellers should choose Lake Carroll realtors who specialize in second homes and speak the right language for the buying audience.
The number of Americans who live in a household that owns a second home totaled 9.26 million in spring 2017. When it comes to selling one of these properties, homeowners should take effective photos, make any necessary repairs, use neutral color schemes and work with an experienced realtor.
Looking for a Lake Carroll real estate company that specializes in second homes? Click here to get in touch with the expert brokers at Fawn Ridge.