As the seller of your home, you truly have the driver's keys. You have leverage regarding the final say on how much you are willing to accept for your house, when you will put your house on the market and the types of buyers you're willing to negotiate a deal with. Dates and times for when you will showcase your home during open houses is another sell deliverable that you have say in. This type of power could lead you to think that you have ultimate control over the house sell process.
Stop asking house buyers to bend too much
Think like this too long and you could start losing the chance to land a good house sell. At the worse end, your expectations as the house seller could become unreasonable. But, how do you know if you're asking for too much as the seller?
After all, it is your house. You have history at this property. It's not just a place to eat sleep and entertain for you. Your house holds your family's memories. It might be the place where you spent time with loved ones during the final days of that loved ones earthly experiences.
Babies might have been born or raised in your house. If you look, you might still be able to see the height marks that you penciled on den or kitchen wall as you tracked your child's physical growth. Weddings, birthdays, graduations and festive holiday and cultural celebrations may have been hosted at your house several times a year.
It's hard to put a price on those types of memories. They truly are priceless. But, these are your personal memories. House shoppers don't have these memories of your house to relish.
To house shoppers, your home is a dwelling, a place where they can create brand new memories.If you allow the memories that you created at your house to influence pricing too much, you could set unreasonable expectations.
A good realtor could help you to avoid this by conducting extensive market research on your house and similar area houses. For example, your realtor could run a comparable report that compares the amenities, square footage, house structure and outdoor space alongside houses located within a five mile radius of your property.
How you might be too demanding as a house seller
Demanding that house buyers wait weeks to move into your house after the deal has been signed is another sign that you may be being unreasonable. Not thoroughly cleaning your house after you vacate and removing appliances from the property that you told house buyers they could have as part of the deal are other signs that you are being unreasonable.
The latter is also a sign that you are not ready to let go of your house psychologically or emotionally. Most of all, not telling house buyers about major issues at your house is a sign that you are being unreasonable.
At first glance, keeping major issues at your house a secret might appear to save you the money of repairing those items. But, should those issues show up during an inspection or within a few days after buyers move in, your reputation could be damaged.
You could also be legally liable for the cost of the repairs. To avoid being unreasonable during the home sell process, put yourself in the buyer's shoes. Treat house shoppers and house buyers to the same level of respect, honesty and transparency that you would want to receive if you were shopping for a house.