Residential Real Estate Transactions: Mistakes Sellers Often Make

Residential Real Estate Transactions: Mistakes Sellers Often Make

Selling a home is not for the faint of heart. It can be a difficult task that will try one’s patience and possibly one’s pocketbook. Those in Illinois and elsewhere who are on the seller’s side of residential real estate transactions can help themselves achieve maximum value for their homes in a timely manner by avoiding some of these common home selling mistakes.

One of the biggest mistakes people make when trying to sell their homes is letting their emotions run the show. It is easy to become attached to a home. When selling, though, it is necessary to turn off emotions and think about the whole thing as a business transaction.

Another error made by home sellers is failing to prepare the home properly. Buyers want to walk in a house and envision themselves living there. Most want to see homes that are updated and free from significant issues that need fixing. Staging matters and fixing any known issues or offering credit to buyers to fix the problems themselves can go a long way in moving a sale along. It can also affect one’s ability to get his or her asking price.

Finally, the last mistake that will be discussed is failing to obtain representation — real estate and legal. A real estate agent will work to get the best deal for his or her client. Legal counsel will make sure all contracts required in residential real estate transactions in the state of Illinois are worded just so to ensure maximum protection for the client.

Categories



Family-Focused Advocates

Meet Your Attorneys
/

Why Clients Choose Us

  • Family-Run Firm
  • Free Consultations
  • 20+ Years of Legal Experience
  • No Pressure to Sign at Initial Intake

Awards & Memberships

Client Testimonials

Hear stories from the clients we have worked with in the past that we still consider family.
  • “I am extremely pleased with the service they provided: from giving me advice on how to prepare, to working with creditors, and finally to handling the legal aspects of the bankruptcy itself. They took ...”

    - Mike
  • “Deciding to file bankruptcy and going through the process of foreclosure on our home was not something my husband and I ever thought we would have to do. On our initial visit with John, he explained ...”

    - Anonymous Client
  • “This extra special note sent to you today holds more appreciation than any words can say. Over 30 years ago, I found myself in a career helping others in need. I never expected to be in need myself ...”

    - Mrs. J.
  • “Just a note to say thank you for the legal advice you gave me last week. Before I came to see you, I was scared to face my problems, but today I opened a checking account and will go to the Social ...”

    - Mrs. K.
  • “Roseanne is the best. My husband and I went with a cheap bankruptcy attorney to save money. BIG mistake. We ended up with an adversary hearing that our bankruptcy attorney couldn’t handle. So after ...”

    - Anonymous Client
/

Take That First Step With Us

Schedule a Free Consultation
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.