Moving? Avoid These Major Mistakes

You might say that moving involves a lot of … moving parts. It can be difficult to coordinate all the aspects of pulling up stakes and putting down roots in a new place. Considering these challenges, it’s no surprise mistakes are made. From minor inconveniences to major disasters, moving blunders make the entire process even harder. Here are some of the most common missteps to avoid during your next move.

Making it a DIY project: Many moves can be handled by the homeowner, but not all. Be honest with yourself (and your friends). Do you really have the strength, time, and skill to pack, load, unload, and unpack all of your belongings? Consider any fragile or valuable items. Keep in mind any oversized belongings. Movers come with a cost, but so does trying to handle a project beyond your capabilities. Personal injury and property damage often end up costing more than movers would have.

Allotting the wrong amount of time: How long will it take you to pack? Many people under- or overestimate this time period. If you don’t give yourself enough time, you will be rushed and stressed when moving day arrives and you’re not ready. If you start too early, you may have to unpack and repack things that you need before moving day. A good rule of thumb is to count the number of bedrooms in your home, then add one. This is the number of days it should take you to pack. If you have a lot of items that will require careful wrapping and storage, add another day.

Skipping the purge: Moving is the ideal time to get rid of things you no longer need. As you pack, make three piles: trash, donate, and keep. This requires a little effort and organization, but the process will make your move more efficient and will save you time, money, and hassles in the long run.

Forgetting to call a real estate agent: When it’s time to move, a real estate agent is one of your most valuable resources. This professional can sell your current home, find your new dream home, and walk you through the entire process. Agents have been through all this before and can provide resources and advice as you transition from one home to another. Don’t miss their input!

Why Is ‘For Sale by Owner’ Such a Bad Idea?

When it’s time to sell your home, you may wonder which route to take: partner with a real estate agent or go it alone with FSBO. Which will deliver better results? Here are three reasons you should avoid the FSBO path.

The paperwork is daunting: Buyer offers. Real estate contracts. Lender forms. Inspection reports. Closing documents. Not every homeowner is prepared for the piles of paperwork involved in a real estate transaction. Details and deadlines can easily be missed. Bad deals can be made. A real estate agent is familiar with all the documentation involved, will walk the seller through the process, and will handle much of the paperwork required.

The process is challenging: Buyers want to see your home when it’s convenient for them. Without an agent to show your home, it’s up to you to make all arrangements for showings. This includes getting your home ready for the market. What work should be done? What’s worth the investment of time and money? An agent could answer these questions for you. If you don’t have one, you’re on your own to prep your home, show it to buyers, negotiate offers, and get the deal to closing.

The cost is more than you think: A common reason for choosing FSBO is to try to save money. FSBO isn’t as cheap as you might think. You’ll have to cover all marketing costs, and you’ll have to devote your personal time to these efforts. And it might take longer to sell due to the limited exposure you can get without an agent marketing the home. To top it off, FSBO homes typically sell for less than homes listed by real estate agents. The net result: zero savings.