The Realty Matrix for Real Estate Service

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Common Selling Mistakes

Mistake #1 -- Placing the Wrong Price on Your Property
Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.

Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value
Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, 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. Your best bet is to ask your realtor for the most recent information regarding property sales in your community. This will give you an up-to-date and factually accurate estimate of your property value.

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Common Selling Mistakes

There are some common errors that can be avoided when you are selling your home. I want to make sure you are well informed.


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The Realty Matrix, a real estate brokerage licensed in the State of Minnesota and located at 1951 University Ave. W., St. Paul, MN, provides agency representation to buy a home or sell a home or rental property in the Minneapolis St. Paul area of Minnesota including the following Minnesota cities: Minneapolis, St. Paul, Andover, Anoka, Apple Valley, Arden Hills, Brooklyn Center, Brooklyn Park, Blaine, Bloomington, Burnsville, Cottage Grove, Coon Rapids, Columbia Heights, Champlin, Crystal, Eagan, Edina, Eden Prairie, Excelsior, Farmington, Falcon Heights, Fridley, Golden Valley, Hopkins, Inver Grove Heights, Lake Elmo, Lauderdale, Lilydale, Medicine Lake, Mendota, Maplewood, Mendota Heights, Mahtomedi, Maple Grove, Moundsview, New Brighton, New Hope, North Oaks, North St. Paul, Oak Grove, Osseo, Plymouth, Richfield, Rosemount, Robbinsdale, Roseville, Saint Anthony, Savage, Shakopee, St. Louis Park, Spring Lake Park, South St. Paul, Shoreview, Sunfish Lake, Vadnais Heights, White Bear Lake, White Bear Township, Woodbury, Willernie, West St. Paul, and others.