Remember, a re-finance appraisal may have been stated at an untruthfully high price. A lot of the time, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your home could actually be lower. Get a Realtor to provide you with the local values of homes in your neighborhood and determine the best and true value of your home. 

Forgetting to "Stage Your Home"

Let's face it - you are trying to sell your home!  Simply put it needs to just like an "actor on a stage", thus called "Staging" a common real estate term that means the Realtor Associate will want your home to be in the best possible show condition at all times.  In spite of how frequently this mistake is addressed and how simple it is to avoid, its prevalence is still widespread. When attempting to sell your home to prospective buyers, do not forget to make your home look as pleasant as possible. Make necessary repairs. Clean the house thoroughly. Make sure everything functions and looks presentable. A badly kept home in need of repairs will surely lower the selling price of your property and will even turn away some buyers.   The better it looks the more willing the buyer is to pay more for it.  The less work on move-in the more value their is!

Trying to "Force-Sell" While Showing

Buying a house is always an emotional, confusing, and often a difficult decision. As a result, you should try to allow buyers to comfortably examine your property. Don't try haggling or forcefully selling. Instead, be friendly and hospitable. A good idea would be to point out any subtle amenities and be open to questions.

Trying to Sell to "Pass By Buyers"

A buyer who stops to look at your property because of a "for sale" sign he saw may not really be interested in your buying your property! Often buyers who do not come through a Realtor are not interested in buying immediately, and they are more interested in seeing what is out there than in actually making a purchase. They may still have to sell their house, or may not be able to afford a house yet. They may still even be unsure as to whether or not they want to relocate.   Additionally, with all the "scam artists" out there trying to dupe homeowners, insure they are represented by a Realtor to protect both you and your potential buyer.

Your Realtor should be able to distinguish realistic potential buyers from the average observer. Realtors should usually find out a prospective buyer's savings, credit rating, and purchasing power. If your Realtor fails to find out this pertinent buying information, you should do some investigating and questioning on your own - and possibly change Realtors! This will help you avoid wasting your time marketing to the wrong people. If you do have to work on this work yourself, again, consider finding a new Realtor.

Not Knowing Your Rights & Responsibilities

Not knowing the "ins & outs" of the real estate process can cost you a considerable amount of money.  Insure your Realtor is well versed in this and can explain the items to you so that you understand them.  The only "stupid question" is the question never asked.  It is extremely important that you are well-informed of the details in your real estate contract. Real estate contracts are legally binding documents, and they can often be complex and confusing. Not being aware of the terms in your contract could cost you thousands for repairs and inspections. Know what you are responsible for before signing the contract.

Limiting the Marketing and Advertising of the Property

Your Realtor will utilize a wide variety of marketing principles. Your Realtor should also be dedicated to selling your property; they should be available for eachphone call from a buyer. Most calls are received, and open houses are scheduled, during business hours, so make sure that your Realtor is working on selling your home during these hours. Chances are that you have a job, too, so you may not be able to get in touch with many potential buyers - together with your Realtor and their team their should be adequate advertising for your property.

...............and lastly, the biggest mistake of all.: