In today's Bahamas real estate climate, you want to be sure to take all the necessary steps to squeeze every possible penny out of the sale of your home. Small oversights or missteps can be costly when it comes to your bottom line. However, there are some common mistakes that are easily avoidable if you listen to the experience and advice of your Bahamas Real Estate Association (BREA) agent or broker.
One error that can cost you is to put your home on the market before it is truly ready for presentation. It needs to be staged. Image is everything, so get all the cleaning, painting, patching and garden care done well in advance of your first showing.
Another costly stumbling block involves your initial Bahamas real estate listing price. Remember that you control the asking price, but not the selling price - that is determined by the purchasers and what the market will bear. Try to detach yourself emotionally from what you want to net and price your property aggressively against your competition, right from the beginning.
Emotional attachment can keep you from perceiving and presenting your real estate as what it now is, a commodity. Present it, market it and price it as you would any new product on the Bahamas market. Your Bahamas Real Estate Association agent will make sure it gets the proper exposure, and will help you avoid costly errors along the way to a successful closing.