Mistakes to avoid when selling a house

19/06/2023

Selling a home can be a significant endeavor, and avoiding common mistakes is essential to ensuring a smooth and successful transaction. To help you navigate the selling process effectively, Sofia Galvão Group helps you avoid these mistakes. 

 

Neglecting to prepare the property:

 

One of the most important aspects of selling a home is preparing it for sale. It is important to make your property visually appealing to potential buyers. This includes cleaning, depersonalizing, and preparing the home to highlight its best features. By investing time and effort to present your home at its best, you can significantly increase its potential and attract more buyers. 

 

Incorrect property pricing:

 

Determining the correct selling price is a critical factor in successfully selling a home. The Sofia Galvão Group advises against overpricing, as it can discourage buyers and lead to a prolonged selling period. On the other hand, a low price can cause you to lose money. Working with a reliable real estate agent, who has a deep knowledge of the local market, is essential to set the right price.  

 

Neglecting marketing and promotion:

 

Effective marketing and promotion are key to attracting potential buyers and maximizing your property's exposure. We recommend using a comprehensive marketing strategy that includes professional photography, high-quality descriptions, online ads, social media promotion, and offline advertising where appropriate.  

 

Neglecting property documentation:

 

Completing and organizing all necessary documentation is vital to a smooth sale. Sellers are advised to ensure that all relevant documentation, such as city passbooks, permits and licenses, is in order before putting the house up for sale.  

 

Neglecting to maintain and repair the property:

 

Presenting a well-maintained property to potential buyers is crucial to making a positive impression. The Sofia Galvão Group recommends that you do all necessary repairs and maintenance before selling your home. This includes fixing plumbing problems, repairing aesthetic damage, and ensuring that essential systems are working. By presenting a property in good condition, you increase its appeal and inspire confidence in buyers.

 

Selling a home in Portugal can be a successful and rewarding experience if approached with care and attention to detail. By avoiding these common mistakes, you can navigate the selling process with more confidence and increase your chances of achieving a smooth and profitable sale.