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Common Selling Mistakes

Mistake #1 -- Placing the Wrong Price on Your Property

Every Gillette and surrounding area seller obviously wants to get the most money for his or her home as I do your Realtor. Ironically, listing your home at an excessively high price will NOT accomplish this! Some prospective buyers will lose interest if it is excessivly over-priced before even seeing your property. Also, other buyers may be led to expect more than what you have to offer. As a result, overpriced homes for sale will see little or no showings. The best strategy at this time is to price your home at a point where more buyers are interested and you may get more than one offer which insures a higher sales price.

Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value

Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your home could actually be lower. Your best bet is to ask your REALTOR®, for the most recent information regarding property sales of homes in Gillette and the surrounding area. This will give you an up-to-date and factually accurate estimate of your property value.