3 Mistakes Homeowners Are Making When Selling A House

Dated: February 15 2025

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3 Mistakes Homeowners Are Making When Selling A House

3 Mistakes Homeowners Are Making When Selling A House

If you're thinking of selling your home in the Tampa Bay area in 2025, having the right strategies and expectations from the start is key. But some sellers haven’t adjusted their mindset to what the housing market is telling us today. They’re not factoring in growing housing inventory for sale or that buyers are being more careful with their home buying budgets thanks to higher interest rates and homeowner's insurance rates in Florida- and those sellers are making costly mistakes.

 

Here’s a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them.

1. Pricing the Home Too High

According to a survey by John Burns Real Estate Consulting (JBREC), real estate agents agree the #1 thing sellers struggle with right now is setting the right price for their home (see graph below):

 

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More often than not, ambitious homeowners tend to overprice their home in the MLS. If you aren’t up to speed on what’s happening in your local market, you may give in to the temptation to price high so you can have as much wiggle room as possible to negotiate. Trust us when we say, "you don’t want to do this."

 

Today’s buyers are more cautious due to higher rates and tight budgets, and if your listing price feels out of reach, buyers will completely ignore your home in today's market. This is exactly why more sellers are doing price cuts in today's market. Often times, seller's that price their homes correctly from the start get more money for it than sellers who "chase the market" and continually make price decreases after overpricing. 

 

To avoid this headache, trust your agent’s expertise from day 1. A great agent will be able to tell you what your home is worth based on recent market date and how that will affect the value of your home. They can also tell you how much you should expect to negotiate on average, how long homes are sitting on the market and which features make your home more or less valuable to buyers. 

2. Skipping Home Repairs

Another common mistake is trying to avoid doing work on your house when there are problems or deferred maintenance. That leaky faucet or damaged door frame might not bother you, but to buyers, small maintenance issues can be red flags. They may assume those little flaws are signs of bigger problems — and it could cost you when offers come in lower or buyers ask for concessions. As Investopedia says:

 

Sellers who do not clean and stage their homes throw money down the drain. . . Failing to do these things can reduce your sales price and may also prevent you from getting a sale at all. If you haven’t attended to minor issues, such as a broken doorknob or dripping faucet, a potential buyer may wonder whether the house has larger, costlier issues that haven’t been addressed either.”

 

The solution? Work with your Realtor to prioritize anything you’ll need to tackle before the photographer comes in. These minor upgrades can pay off big when it’s time to sell. This includes advice on how to stage furniture, which home accessories to include or remove when your home is on the market, and a variety of small changes that could help you get thousands more for your home. 

3. Refusing To Negotiate

Home buyers today are feeling the pinch of higher home prices in our market and higher mortgage interest rates. With affordability that tight, they may come in with an offer that’s lower than you want to see. Don’t take it personally. Instead, focus on the end goal: selling your house. Your agent can help you negotiate a contract confidently without letting emotions cloud your judgment. Your Realtor will also ask for verification to make sure a buyer is a good candidate, including proof of funds for closing, pre-approval letters from reputable lenders, and more. 

 

At the same time, with more homes on the market in Tampa Bay, FL, buyers have more options — and with that comes more negotiating power. They may ask for repairs, closing cost assistance, or other concessions. Be prepared to have these conversations. Again, lean on your agent to guide you in terms of what's reasonable and what's not. Sometimes a small compromise can seal the deal without derailing your bottom line. As U.S. News Real Estate explains:

 

“If you’ve received an offer for your house that isn’t quite what you’d hoped it would be, expect to negotiate . . . the only way to come to a successful deal is to make sure the buyer also feels like he or she benefits... consider offering to cover some of the buyer’s closing costs or agree to a credit for a minor repair the inspector found.”

 

The Biggest Mistake of All? Not Using a Real Estate Agent

Notice anything? For each of these mistakes, partnering with an experienced real estate agent helps prevent them from happening in the first place. That makes trying to sell your home without an agent’s help the biggest mistake of all. On our team, we can confidently say that we've helped thousands of homeowners get top dollar for their homes, while ensuring the smoothest process possible. With over 35 years of expertise selling homes in the Tampa Bay area, our market knowledge is 2nd to none. 

Bottom Line

Avoid these common mistakes by starting with the right plan — and the right real estate agent. Connect with one of our agents today so you don’t fall into any of these traps. Call us at (727) 400-3315 or message us directly, HERE.

 

The Sandy Hartmann Group

 

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