Throughout our real estate career, we have seen people make some costly mistakes that affected their home-buying and selling process. After learning the hard way, here are 3 critical mistakes I see people make that you should avoid at all costs:
1. Skipping Pre-Approval (or Overpricing Your Home)
I didn’t get pre-approved for a mortgage before starting my home search, and it caused delays and frustration when I found a home I loved. Similarly, as a seller, I initially overpriced my property, which led to longer market time and fewer offers. Lesson learned: get pre-approved or price your home competitively from the start.
2. Ignoring the Hidden Costs
I underestimated the additional costs of buying (or selling) a home, like inspections, closing fees, or repairs. These surprise expenses can add up quickly. Make sure you’re budgeting for more than just the asking price—this will help you avoid stress later.
3. Not Working with an Experienced Agent
Trying to handle everything myself was a big mistake. An experienced agent brings invaluable market insight, negotiation skills, and access to off-market deals that can save you time, money, and headaches.
Don’t make the same mistakes. Get the right help, plan ahead, and avoid surprises and you’ll set yourself up for success! Ready to start? Let’s chat today!
