All real estate agents are the same
Some people believe that all realtors offer the same services and same set of skills, but this is far from true. Someone who has been in real estate for 2 years will have a different experience level compared to someone in the business for 20 years.
Price it to leave room for negotiations
This is a common misconception by sellers. Buyers have access to a lot more information than before and can easily tell when a house has been overpriced and may simply overlook it, rather than fight for a lower price.
Pre-Approval After finding your home
Finding your perfect house takes up a lot of time and can make anyone frustrated and excited at times. Many people will find their dream home, but then be let down when they are declined for a mortgage. It is always better to get pre-approved before house hunting. A good bonus is that it gives you a significant advantage when competing for a house.
Selling “for sale by owner” saves money
Selling a home is not as simple as everyone thinks. By selling without professional guidance sellers often make mistakes that can lose them money. Whether it is overpricing their house, making mistakes in the contract or not being able to negotiate the best price.
Real Estate agents do anything for a sale
Agents are held to a very strict code of ethics, rules, and regulations, and while yes some agents will do anything for a sale, a vast majority will not. This is also due to the fact that most business comes from word of mouth, referrals, and repeat business. If they deceive their clients they are not going to get any of the above.
A home doesn’t need preparing for sale
Preparing your house is a must. Most people are looking for a house that is move-in ready, and can be off-putting to see a messy and disorganized house. You want your house to look its best to minimize the time it spends on the market and maximize your profit.