"The biggest mistake people make when they sell their home"

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Sat 15 Nov 2014

"The biggest mistake people make when they sell their home"

In a new poll of 135 estate agents around Britain by Move with Us, 70 per cent of those questioned said not taking the agent's advice on price was the most common error made by homesellers.

It was by far the biggest pitfall mentioned, with not tidying up before viewings in second place, followed by lack of availability for viewings and being rude or unfriendly during viewings.

In terms of the mistakes made by buyers, 40 per cent of agents named 'wanting more from a property than their budget will allow' and 15 per cent said an unwillingness to compromise on a 'features wanted' list."For sellers, setting an accurate asking price is key," said Robin King, Director of Move with Us. " If it’s priced too low, it will sell but the seller will lose money. If it’s priced too high, it’s unlikely to receive a lot of viewings and the price may have to be reduced. 

"Buyers need to be realistic about what they can afford. Even with the biggest budget in the world, it can be difficult to find the perfect home in the ideal location so some compromises may have to be made. It’s a good idea to have a clear differentiation between the ‘must haves’ and the ‘maybes’."