In this competitive real estate market, sellers should look for every advantage when listing their Knoxville home for sale. Mistakes can be costly and should be avoided, or the seller may risk losing a sale. Here are some of the biggest seller mistakes.
Listing the home before it is ready to be sold. The most showings occur shortly after the home is placed on the market. If the seller has not completed the necessary steps to get the home ready, the home will not show well, which will discourage many potential buyers. Sellers shouldn’t get impatient or procrastinate when listing their home. Finish painting, de-cluttering, and cleaning before the home is listed.
Making costly improvements that do not yield a return on investment. Most potential buyers are internet savvy and conduct research on the home’s neighborhood. If the home is listed for much more than other homes listed in the same market, the seller may not be interested in looking at the property. If the seller needs to update the home, they should focus their efforts in rooms, such as the kitchen or master bathroom, where they will realize the biggest return on their investment.
Not pricing the home correctly. Sometimes sellers fall into a trap of pricing the home based on what they need to net, rather than based upon comparables and what the home’s value is in this current real estate market. An experienced real estate agent will be able to prepare a list of what similar houses sold for in the seller’s neighborhood and help price the home so it will sell.
Choosing a real estate agent based on a personal, emotional connection, rather than a financial decision. Everyone knows a friend of a friend who is a real estate agent, but if they’re not familiar with the seller’s neighborhood or community, or if the agent only works part-time, they could put your listing at a disadvantage. A Realtor who has experience selling in the community has the knowledge of which marketing tools to use so that the home gets maximum exposure to all potential buyers.
Getting too emotionally involved. Moving can be stressful and selling a home can be like a roller coaster ride. Understanding that your home is a product or commodity to potential buyers can make the process easier. To a seller, the home is wrapped in memories and can feel like an extension of their personality, however, the potential buyer does not share the same sentiment, yet. The seller shouldn’t take it personally that an offer is not made after every showing. 
Not disclosing any problems. Trying to cover up a home’s problems, rather than disclosing them, raises a red flag to buyers. It could even ruin the sale. The seller should know that the buyer will have an inspection done and problems will be evident to the inspector.
Selling a home in this competitive Knoxville real estate market can be challenging, unless your contact an experienced Knoxville Realtor, like Judi Starliper. For additional seller tips, view the website.








