Real Estate Myth Busters
Our agent Greg Smith provided us with four real estate myths he hears frequently in the market, and then helps us bust them! Check it out!1. The purchase (or sale) process is complicated. — It can be complicated and confusing if you don’t know what you’re doing or hire a broker (or brokerage) without the necessary experience to handle the transaction. 2. “Discount” brokers save sellers on commission. — Not all dollars are created equal. In other words, if you hire a discount broker you will be doing a lot of the work for him/her. How much is your time worth? How much are you willing to leave on the table with mistakes and missteps in negotiation, showings, etc. Experience matters! 3. Maximum sale price is always best for Sellers. — All things must be considered when seeking maximum price: Tax implications, timing, storage costs, moving company fees, hotel or extended stay costs, etc. 4. Lowest price is always best for Buyers. — Just like with maximum price, all things must be considered. Timing, interest and origination fees folded into loan, deferred maintenance issues, etc. An experienced real estate agent can save you time, money and the hassle of possible legal repercussions. The best sources for quality agents are friends, family, neighbors, & co-workers. Ask around, get referrals, and if you have questions for an agent, call them and set up a meeting. Most real estate professionals would be more than happy to sit down with you and answer questions, talk about the market, and allay any fears you may have about buying/selling your home.
Real Estate Myths – Busted!