5 Real Estate Myths

The world of real estate can be complex – particularly for those with houseminimal experience of it. As a consequence, it’s easy to be fooled by common myths regarding the sale of your home. Today’s blog looks at the five biggest myths of selling your home, which with very few exceptions, simply aren’t true.

Quick offers mean I should raise my price

When you get loads of quick offers, it’s easy to assume that this must mean you priced your home for too low a price. So, you should raise it up to encourage bidders to offer more. Realistically, any Lakeville realtor can tell you that quick offers can mean many things. Your home could just be in a prime location that everyone is keen to move into. Or, you may be the only home on the market with a specific feature that people need. Raising the price could result in everyone backing out, appraisal issues, extended market time, and a much lower price down the road. If you priced it correctly in the first place, there’s no need to increase it when offers fly in.

My bright colored walls and family photos will help show our warm personalities

Nope. Family photos and whacky wall colors do one thing; scare buyers away from your home. It’s hard to imagine living somewhere, when the current residents are plastered on the walls. Plus, the crazy decor puts people off as it a) makes it hard for them to imagine living in that space, and b) means they have more work on their hands to re-decorate.
Automated Home Values are the most accurate way to price my home
Wrong. This is the quickest way to price your home, but automated home values are rarely as accurate as using genuine real estate experts. Work with an Apple Valley realtor, and they will properly analyze your home, and work with fellow experts to figure out the actual price, based on the wider market, features and amenities.

Skipping the use of a realtor will save me money

In theory, if you don’t use a realtor, then you don’t have to pay their fee. So, it’s clear why people think this equates to saving money. But, it’s not a simple as that. Working with an expert realtor like Ryan DeRoode, means you have someone that can provide many benefits during the sale. Pricing your home is vital, as well as marketing to qualified buyers, proper staging, photography, and negotiating the best possible price and terms. They can ensure you get the best price for your home, which means you actually make more money. Plus, realtors have access to other people in the industry – like home stagers, photographers, home inspectors, etc… – and can often provide discounted rates to clients for these services. So, all in all, you save money by using a realtor.

My home looks fine – potential buyers will see past its ‘warts.’

If your home has a bunch of little issues here and there that make it look “unattractive”, then this is an issue. Buyers won’t always see past them – in fact, it will be all they focus on! To them, your ‘warts’ represent money they’ll have to spend to fix your home. In reality, spending money upfront to fix these issues, will surely net you more money in the end.

Hopefully, this opens your eyes to the many real estate myths out there. If you need help selling your home and want expert knowledge from a realtor with genuine integrity, then contact Ryan DeRoode today.

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Why Choosing an Expert Real Estate Agent Will Help You Sell Your Home More Quickly

Selling your home can take months – or even years – if you don’t know what home for saleyou’re doing. To get a quicker sale, and get as much money as possible, it pays to work with an expert realtor.

Ryan DeRoode has plenty of experience in the real estate market and can provide expert knowledge alongside unrivaled integrity. If you want to sell your home, then here are some crucial reasons it makes sense to choose a realtor:

Expertise

Do you know everything there is to know about selling a home? No, probably not. Does it make sense to hire someone that does? Of course! You go to a doctor when you have medical issues, and you go to a realtor when you have real estate issues. They know the ins and outs of this market, ensuring you’re in the best position to make a quick sale.

Negotiating & Counter-Offers

It’s rare that someone bids on your home for the perfect price, and the deal is done right then and there. Often, rounds of negotiating take place before the price and terms are agreed upon. With a Lakeville realtor like Ryan DeRoode, you have someone who knows how to negotiate and can get the best offer for your home.

Security

We all know that selling a home is a massive deal, which means you need things to be as secure as can be. If you work with a realtor, then you’re guaranteed to have as much security as possible. People are typically pre-qualified before entering your home, and a real estate agent is there guiding them through your home. Proper paperwork and procedures are in place regarding payments to help ensure your financial security as well.

Exposure to the wider market

Expert realtors are exposed to the wider real estate market. This means they know about house prices and what the general going rate is for specific properties. As such, you can feel safe knowing that your home will be listed for a price that aligns with the current property market. So, you’re not stuck waiting for months to see an offer because the listing is too high, and you’re never in fear of selling it for too low either.

Knowledge of the geographical area

Do you know much about the area in which you’re selling your home? Have you got an idea as to what potential buyers are interested in when looking for houses in this area? Possibly, but a realtor has all of this knowledge. As a result, they know what people in your area are most keen on, which allows them to focus on your home’s key selling points when advertising it. Therefore, you will see more interest, from the right people, from day one.

Advice for staging your home

Holding open houses and private tours for potential buyers is a key element of selling a home. With a real estate expert like Ryan DeRoode, you have someone who can provide advice on staging your home. This means they set your house up, so it appeals to the potential buyers when they see it. Everything is made to look perfect, with a specific focus on highlighting the critical selling points. This can lead to more chance of a bid that’s close to your asking price.

If you’re selling your home, then you will benefit from an Apple Valley realtor. Feel free to get in contact with Ryan DeRoode if you need an expert real estate agent to ensure your sale goes through quickly and for the highest price possible.

 

Image source: FabioBalbi / iStock/Getty Images Plus

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