Wouldn’t it be nice if selling your own property were as easy signing a piece of paper? Unfortunately, there is a lot more to it, and it can take a long time to finally close on a deal, especially if any issues arise.
When selling a house without a realtor, you can encounter several problems that could delay the process. Below are some of the most common reasons that can stall your sale.
- Small problems causing big headaches. It is crucial that you clean and stage your home so that it looks perfect for prospective buyers. One small flaw such as a smudge on the wall or a wobbly light swatch plate can potentially delay the entire sale. When showing your home to buyers, keep a notepad on-hand and write down any problems they may notice. Work with them on how to best resolve the issues without causing conflict.
- Credit changes. Credit scores can drastically change from month to month. Between loan approval and closing on a home, something could arise that will affect buyers’ credit and force them to turn away from the sale. While it is the buyers’ responsibility to be aware of their finances, you should caution them about running up balances or taking out additional loans before closing on a sale.
SOLD.com’s personalized seller report can help you determine if you’re ready to sell your home yourself.
- Home inspection issues. Surprises can happen anytime. Getting a home inspection is one of the most important steps to selling a house, and this is where you need to act quickly and efficiently. Any problems that are found during the inspection should be addressed quickly and efficiently.
- Cold feet. No matter how great your house looks or how good the offer is, some buyers may just get cold feet and change their mind. Prospective buyers walk into a home and get a rush of excitement at the thought that they will soon own it. After a week or two, they will start looking at their finances and realize the reality of homeownership. As a seller, the most you can do is remind them of the “home-buying high” as they’re looking at the house and telling them that the invested time and money will be worth it. Be comforting and accommodating instead of pushy and desperate.
The best way to sell a home quickly is to handle issues before they happen. You don’t want be delayed by something that could’ve been handled from the get-go. Work closely with your buyer to nip problems in the bud so that the process goes quickly and smoothly for both of you.
SOLD.com’s experts are ready to answer any questions you have about the process of selling a house. Contact them today!