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Common Real Estate Myths

By Realtors in Black   

Buying or selling a home is not something you do every day. Most of us will only enter the real estate world a few times in our life. If you need guidance and understanding when buying or selling a home, experts like those at Stamford Advocate can assist you throughout the process.

We all know that technology has changed the way homes are bought and sold, but some things will never change. And to help you with your real estate needs, here is Lynchburg realtor to help you buy or sell your house.

We all think we know how buying a home works. Check out https://www.ilisters.com/cyprus/property/for-sale/in-cyprus for the best Cyprus properties. This is based on the experiences of friends, family members and stories we have heard. For everything we believe we know there are a number of myths that circulate. Believing these myths can seriously harm your buying or selling power. By Going Here on this website, you can invest in the right kinds of properties.

That is why real estate joint venture listed a few of the Common Real Estate Myths:

All homes on the MLS show up online. Did you know? Several of the most popular websites used for home searches DO NOT have all the homes that are on the MLS.

A buyer can get a better deal without a Realtor. This is completely false. If the home is listed with a Realtor, the total sales commission is built into the price. If the buyers aren’t using a Realtor, the seller’s agent will receive the entire commission. A buyer’s agent is a FREE professional service for the buyer. Visit housereal.net if you dream of living in Mississippi.

Set your home price higher than what you expect to get. Listing your home above market value may actually net you a lower price. Buyers and their buy to let mortgage broker often won’t look at homes that are priced above market value.

Did you know when a home is priced right it sells for 98% or more of the list price?

You can save money selling your home yourself. It’s not impossible to sell a home on your own, but you will find that buyers expect a substantial discount because you are not paying a Realtor. So, what you save on real estate commission may end up meaning a lower price. You do all the work for the same or less net profit. Realtors know how to prevent mortgage fraud and will get you more for your home. And another really important step if you are looking to let property is to get the best letting agent, as they are the ones that will find you the best paying tenants. If people are refusing to lease to tenants, then there are some steps that owners could follow to find a viable solution.

Realtors in Black, R.I.B Team  • www.RealtorsInBlack.com  •  info@RealtorsInBlack.com

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