Selling your home in Albuquerque can be an exciting time, but there's a lot of things to keep in mind so that the process goes smoothly as you transition to your new home. Here are a few common mistakes for you to avoid in hopes to keep the selling process as efficient and stress-free as possible.

1. Setting a price for your home without doing research or working with a real estate agent is the first mistake to avoid. Home prices are based on a number of factors, such as comparable sales in your Albuquerque neighborhood,the time of year, current available inventory, and much more. 

2. On that same note, the next mistake to avoid is pricing your home too high off the bat. We can tell you from experience that overpricing a listing will yield fewer showings. Also, we know that homes for sale in Albuquerque sell closer to their asking amount if they are priced correctly at the start of the listing. 

3. Another mistake regarding pricing your home for sale is setting a strange listing price. In other words, don't set your price for your $400k home at $402,289. Not only is that odd, but it will keep your home from being seen if a home buyer is searching for homes in the price range below $400,000.

4. Overpricing your home because you have more time to sell it is also a mistake. Some may think that they can list their home at a higher price and wait for the right buyer to come along who will pay it. Yet the longer your house sits on the market, the less likely you are to get showings and in return the more difficult it becomes to attain that higher asking price. 

5. Becoming emotionally involved in the selling process is another mistake that's easy to make. You have probably lived in this home for years and have emotional connections to it. But you need to remember that this is a business transaction, and you should not take it personally if you get a low offer on your listing. View this as an opportunity to negotiate with the potential buyer to see if you can settle on a number that works for both parties. 

6. Even in the best seller’s market, you need to stay away from the mindset that the house will sell itself. Anytime a listing goes live, you need to ensure that the home is properly staged and marketed to ensure it is appealing to potential buyers. 

7. Finally, the last mistake to avoid is trying to sell your home on your own. Studies have shown that homes for sale in Albuquerque stay on the market longer and sell for far less when people do not work with a real estate agent.

The Sandi Pressley Team has the experience you need to help avoid making these selling mistakes. Contact us today to see how we can help you get the best price for your home for sale in Albuquerque.

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

HOT HOME LISTING OF THE WEEK!

4332 ALTURA VISTA Lane NE, Albuquerque, NM 87110  $230,000

3 Bedrooms / 3 Bathrooms (2 full, 1 half) / 1662 Square Feet

Fantastic location in desirable gated community of Altura Village! Conveniently located close to UNM, Nob Hill, UNM Hospital, Altura Park! 3BDR/2.5BATH plus Loft! Light, bright & open with lots of living space in the great room. Open kitchen with sunny breakfast nook, gas stove, built-microwave, refrigerator, washer & dryer stay! 3 large bedrooms upstairs! Master bdr has a wall of windows, 2 walk-in closets, garden tub/shower, dual sink vanity and tile flooring in bath. Private gated community minutes away from shopping malls, Uptown & restaurants.

Contact the Sandi Pressley team for additional details! 

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