The last thing a buyer wants to do when moving into a new home is rip up colored carpeting and paint over bright paint (which often takes more than one coat). When updating to sell, stick with neutrals as they will appeal to, or not put off, the most people.
Going neutral does not mean boring though!
You can add interest with textures and different materials. You can add splashes of color with rugs, throws, pillows and art.
Take a look through the slide show below by using the small white arrows for some ideas on how neutrals can be sophisticated and interesting, not boring.