Top 5 Seller Regrets
Regret #1: I should have started to prepare to sell my home earlier
30% of sellers reported that not taking enough time to get their home ready for sale was their biggest regret. This means that these sellers failed to get their home in the best possible condition before putting it on the market to attract the most amount of buyers possible.
When necessary, sellers must spend money to make money. 83% of sellers make improvements or renovations to their home to prepare it for sale. The most common improvements are painting, bathroom remodeling, kitchen remodeling, landscape and exterior upgrades, and new flooring.
Regret #2: I should have taken more time to find a new home
21% of sellers reported that not taking more time to find a new home was their biggest regret. If a seller sells their home before finding the home that they want to move in next, there can be increased pressure to just find a home and buy it to get the process over and done with. However, it is important to keep in mind that whatever house you purchase will be your home for a potentially extended period of time. You should never settle on a home that you do not love because you feel pressured to do so.
Regret #3: I wish I could have moved into a new home faster
20% of home sellers reported that their biggest regret was that they could not move into a new home faster than they were able to.
Regret #4: I wish I that I used an agent instead of selling on my own
19% of sellers reported that their biggest regret when selling their home was selling it themselves instead of hiring an agent for professional assistance.
Regret #5: I wish I chose a different agent
16% of sellers reported that their biggest regret was choosing the wrong agent. It is extremely important to do your due diligence and conduct extensive research on each realtor that you interview before making a decision on who will ultimately help you sell your house and find the new home of your dreams. See my video here in which I discuss the top 5 questions you should ask when interviewing realtors.