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Top 5 Mistakes By Yonkers Home Sellers

As experts in the real estate industry, we understand that home sellers face a major decision that requires careful consideration. The process may seem straightforward, but there are many factors to take into account in order to maximize the value of your property. Let us guide you through each step of the selling process to ensure a successful and profitable transaction for you. Contact us today to get started!

Believe it or not, a small mistake can lead to significant financial losses for you as the home seller in Yonkers. Let us guide you through the top five mistakes that sellers often make.

It Takes Money to Make Money

At Astor Lane Homes, we understand the importance of accurately estimating costs when selling your home in Yonkers. Various expenses are involved in preparing your home for sale, such as updates and enhancing curb appeal. While commissions can be a significant cost, it is also wise to consider having an inspection done to stay in control of any necessary repairs. When you list your home, it’s essential to know that there is no guaranteed closing date. Utilities, other monthly expenses, and professional services fees will continue until the closing. You may also be responsible for remaining property taxes and capital gains tax. In today’s real estate market, marketing plays a crucial role, with virtual walkthroughs becoming the norm. This advanced level of showcasing your property may require professional services and staging to ensure your home stands out. At Astor Lane Homes, we can help you navigate these costs and provide the guidance needed to sell your home successfully in Yonkers. And if you are not interested in waiting for a nebulous close date, hopefully sometime shortly, we can provide you with a cash offer within 24 hours and close in as little as 7 days.

Priced Out of Comparable Range

At Astor Lane Homes, we understand the importance of pricing your home correctly in order to attract the right buyers and sell it in a timely manner. Emotionally driven pricing is a common mistake that Yonkers home sellers make, and it can ultimately lead to losing potential buyers. Sellers who set an overly high price, hoping for lower offers, are playing a risky game that may result in their property sitting on the market for longer than necessary. Buyers are savvy and will quickly compare your property to others in the same price range. It is important to look at recently sold homes in your area to determine a realistic price range for your property. By analyzing what similar properties have sold for, you can avoid overpricing your home and ensure a successful sale. At Astor Lane Homes, we are here to guide you through the pricing process and help you achieve the best possible outcome. Trust in our expertise to set the right price for your home and attract qualified buyers.

Always Disclose, Disclose, Disclose

Disclosing accurate and thorough information about your property is crucial for Astor Lane Homes. It is essential to provide details about any past issues that have been resolved, including any permitting paperwork if applicable. If there has been unpermitted work, it is important to disclose all relevant details. Additionally, information about any problems or repair work done by previous owners must be included. Previous inspection reports should also be provided. Lastly, any issues related to water damage, such as leaks, rotting wood, or flooding, should be disclosed to avoid potential legal complications and financial consequences. Contact us for guidance on proper property disclosure.

Staging Strategies

At Astor Lane Homes, we believe that staging is the most effective strategy for increasing the final price and selling your home quickly. Our professional stagers focus on creating a neutral backdrop with a fresh look, using paint to give potential buyers that new home feeling. We also carefully select pops of color to prevent the space from feeling bland. When you work with us, your belongings can be placed into storage while we showcase your home’s full potential through expert furnishings and design. By maximizing natural light and incorporating thoughtful lighting design, we ensure that your home shines in the eyes of potential buyers. Don’t make the mistake of neglecting staging – it can make all the difference for Yonkers home sellers. Contact us today to learn more about how we can help you achieve the best results for your property sale.

Incorrect Sales Method 

Without taking the time to carefully review all of your options, you run the risk of making a costly mistake when selling your home in Yonkers. Real estate agents are often the first choice for homeowners looking to sell, but it’s important to consider all of the selling methods available. We urge you to explore the different options, including costs, timelines, and potential stresses involved in each method. We recommend sitting down and writing out the pros and cons of each approach, considering your specific circumstances. Factors like a new job, family illness, necessary repairs, or financial challenges can create urgency to sell quickly. By thoroughly evaluating your options, you can make an informed decision that best suits your needs.

Trust our team at Astor Lane Homes to guide you through the home selling process and prevent common mistakes. We specialize in streamlining the process, providing clear explanations of each sales method to assist you in making the best decision for your home. When you choose to work with us, you can expect fast cash closings, often in as-is condition. Contact Astor Lane Homes by calling (914) 266-0055 or sending a message to learn more about how we can help you save time and money.

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