J. Pelissier Real Estate | Monson Real Estate, Palmer Real Estate, Brimfield Real Estate


Selling a house is no small feat, particularly in a competitive real estate market. As such, home sellers may be prone to make mistakes if they don't plan ahead for potential pitfalls.

Common home selling mistakes include:

1. Listing a Home Without Performing Housing Market Research

Let's face it – selling a house can be stressful. In many instances, home sellers will want to speed through the home selling journey – something that may lead these sellers to list residences without evaluating the real estate market in advance.

Spending even a few minutes looking at the prices of homes in your city or town may make a world of difference. Ultimately, the more housing market research that you perform, the more likely it becomes that you'll be able to optimize the value of your house.

Take a look at the prices of available homes in your city or town that are similar to your own. Also, evaluate the prices of recently sold houses in your area. With this housing market data at your disposal, you'll be better equipped than ever before to price your residence competitively and boost your chances of a profitable home sale.

2. Accepting an Initial Offer on a Residence

The first offer that you receive on a residence may prove to be the best offer. However, in some cases, the initial offer may fall short of your expectations.

Immediately accepting the initial offer on a residence may prove to be costly. Fortunately, a home seller who understands the housing market can take a data-driven approach to determine how to proceed with any offer, at any time.

Performing a home appraisal before you list your residence can provide valuable insights into a property's value. Then, you can list your house for a competitive price, one that helps generate substantial interest in your house and may lead to offers at, near or above your initial asking price.

In addition, don't forget to consult with a real estate agent. If you receive a home offer and are unsure about whether to accept, reject or counter it, a real estate agent can provide expert advice to help you make an informed decision.

3. Ignoring a Real Estate Agent's Recommendations

A seller's agent is committed to helping you optimize the value of your residence, and this housing market professional will offer recommendations as you sell your house to ensure you that can get the best results possible.

If you ignore a real estate agent's recommendations, you may miss out on a golden opportunity to sell your house. A real estate agent provides housing market analysis and insights, along with honest, unbiased recommendations about how to overcome a wide range of home selling hurdles.

Furthermore, a real estate agent always has a home seller's best interests in mind. This housing market professional also is available to respond to a home seller's questions, guaranteeing that a home seller is fully supported at each stage of the home selling journey.

Ready to sell your house? Collaborate with a real estate agent, and you should have no trouble achieving your desired results.


Home sellers will want to do everything they can to accelerate the sales process. And in many cases, home improvements may be necessary, which means you'll likely need to find a dependable contractor to help you enhance the quality of your residence. Although finding a qualified, affordable home improvement contractor may seem impossible at first, there are many ways to ensure that you're able to employ the best contractor for any upcoming home improvement project. Here are three tips that you can use to ensure that you're able to find a great home improvement contractor: 1. Conduct a Phone Interview. For some home repairs, you may be forced to pay hundreds or thousands of dollars. As such, you'll want to work with a top-notch home improvement contractor who will complete the necessary work to the best of his or her abilities. Typically, you'll want to conduct a phone interview before you hire a home improvement contractor. By doing so, you can ensure that both you and a home improvement professional are on the same page and can work together to transform any home repair project into a successful one. Asking about a home improvement contractor's expertise and experience is essential during a phone interview. Plus, you should ask for professional references and be prepared to answer a contractor's questions about your home improvement project. 2. Meet Face to Face. If a home improvement professional proves that he or she may be a viable candidate to complete your home improvement project, you should host a face-to-face meeting. A face-to-face meeting enables a contractor to explain exactly how he or she will approach your home repair project. It also may allow a contractor to get an up-close look at your residence and ensure that he or she is capable of finishing the project on schedule and budget. Furthermore, a face-to-face meeting may help you become more comfortable with a home improvement contractor. This meeting will allow you to get answers to any concerns or questions and ensure that you're able to find a great professional to help you complete your home repair project. 3. Finalize a Contract. A home improvement project represents a major endeavor, so you'll want to put the terms of your agreement with a contractor into a written agreement. The agreement should include details about every step of the project, including the products and materials that a home improvement professional will use, proof of liability insurance and a payment schedule. Also, you should not sign this agreement unless you feel comfortable with all of its terms. A clear agreement is paramount for both you and a home improvement contractor. And after you finalize this agreement, your contractor will be able to start working to repair your home and bolstering its quality immediately. Use the aforementioned tips to take the guesswork out of finding a reliable contractor to complete a home improvement project. By doing so, you'll be able to hire a great contractor who will help you improve your chances of maximizing the value of your residence.

Contingencies on a contract to buy a home are there to protect both the buyer and the seller. The contingencies give the buyer the right to back out of the contract if any of these contingencies aren’t met. There are many reasons that buyers back out of deals including financial issues and problems with the home. Below, you’ll find a break down of some of the most common contingencies and what they mean for you as a buyer or a seller.   


Financing Contingency


Most home contracts come with what’s called a financing contingency. This gives you the ability to walk away from a deal if the financing falls through when trying to buy a home. Usually this is due to a credit reason or some other financial reason. You can’t rely on financial cracks to help you to back out of a deal on a home. Lenders will only deny a loan for real financial reasons. There’s no way to ask a lender to lie for you so you can get out of buying a home! This is why you need to make your decision about a home purchase wisely.   



Inspection Contingency


This gives the buyer the right to have an inspection on the home within a certain time frame which is usually 5-7 days. If something is really off with the inspection that you as a buyer don’t feel comfortable with, you have the right to back out of a deal without repercussions. While seller disclosures are important, the seller can’t disclose what they don’t know about. That’s why the home inspection is so important. The seller’s disclosure cannot protect you from hidden damages that may cost half of a home’s worth to repair.   


Appraisal Contingency


If homes are selling fast and you want some secure way to back out of a deal you should consider an appraisal contingency. If the home you want to purchase doesn’t appraise at a price high enough to meet your mortgage requirements, you have a legal way to back out of the deal. For example, if you put down 20 percent of the purchase price of a home and the home doesn't appraise for the value of that purchase price, you’d need to come up with the remainder of the money in cash. An appraisal contingency protects you from having to face this. You’ll still need to have a home inspection done on the home to search for any problems, but an appraisal contingency protects you from any problems with financing and your own disposable amount of cash that could arise due to a home appraising low. 


While contingencies aren’t necessary as a homebuyer, they’re highly recommended. Without contingencies, you could be left with a number of expenses such as damages that are extremely costly to fix.


This Single-Family in Palmer, MA recently sold for $169,900. This Ranch style home was sold by Office Monson - J. Pelissier Real Estate.


2154 Calkins Rd, Palmer, MA 01069

Three Rivers

Single-Family

$169,900
Price
$169,900
Sale Price

6
Rooms
3
Beds
1
Baths
Impeccable Ranch home that is ready for immediate occupancy! From the moment you step foot in this home, you'll appreciate that it is just like new! New carpeting thruout, appliances included, and newer windows and furnace. Seller will even leave the window AC so you'll be nice and cool this summer. Spacious side covered patio could easily be screened in. Flat lot once was farmland. Perfect location to main routes and MA Pike. Call today for a private showing.

Similar Properties



This Single-Family in Ware, MA recently sold for $209,900. This Cape style home was sold by Office Monson - J. Pelissier Real Estate.


5 Horseshoe Cir, Ware, MA 01082

Single-Family

$259,900
Price
$209,900
Sale Price

6
Rooms
3
Beds
2
Baths
Look no further this beautiful cape style home with beach access has everything your looking for. 3 bedrooms a first floor master. Huge covered swimming pool and Jacuzzi. Did I mention the cathedral ceilings and the open floorplan? Don't miss out on this one. Hurry up and schedule your showing today!

Similar Properties





Loading