4 Mistakes You Should Avoid When Listing When An Agent In Baltimore

Are you selling your Baltimore house through an agent? Make sure you read this blog post that reveals 4 mistakes you should avoid when listing when an agent in Baltimore.

If you’re looking to sell your Baltimore house or if you’re an agent who is selling houses in Baltimore then here are 4 mistakes you should avoid when listing when an agent in Baltimore:

First, Don’t Assume That You Can Sell Right Away

The market varies and can even shift from one day to the next, depending on a number of factors. Make sure you set realistic timelines about how long it will take to sell.

If you are a seller, assume it will take months for the sales process to be completed – from fixing up the house to showing buyers to negotiating to setting a closing date to moving out. If you are an agent, be careful not to over-promise a timeline to your sellers – set appropriate expectations.

Second, Don’t Assume That The Asking Price Will Be The Selling Price

Mistakes you should avoid when listing with an agentThe asking price is the starting point in the sales process – it establishes what a seller wants to sell for.

If you are a seller, realize that the actual selling price might be different than the asking price. If you’re an agent, make sure you explain this to your sellers.

Third, Don’t Assume All The Money Goes Right Into Your Pocket

Some people make the mistake of assuming that the selling price (minus anything they owe on their mortgage) is pure profit. But this is not true.

If you are a seller, make sure you know that there will be agent commissions, closing costs, and other fees you’ll have to pay. If you’re a real estate agent, make sure you explain to your customers.

Fourth, Don’t Assume That The First Offer Will Go Through

Buyers often make offers and then discover that they can’t get financing.

If you are a seller, be prepared to have one or two buyers fall through before a buyer can be found. If you’re a real estate agent, prepare your sellers ahead of time by explaining this so they can be ready in case it happens.

Summary

Whether you’re a property owner looking to sell, or you’re a real estate agent who is representing sellers, these are 4 common mistakes that can happen during the sales process – so make sure you’re aware of them.

Are you thinking about selling? Are you an agent who is representing sellers?

We are real estate professionals who would love to connect with you and see how we can work together for a win/win scenario. Call our office at (443) 863-9808 or click here now and get in touch by filling out the form.

Get More Real Estate Market Info... Subscribe Below!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!