The TOP 5 New Year Resolutions in REAL ESTATE- #5 MYTHS THAT CAN HURT

Where do these myths come from? Main Stream media? "Not so" Real Estate Reality shows? Do-gooders? and or inexperienced agents? Real Estate myths sure can hurt a consumer more than help them.

The key fact is that no matter where they come from, the recipe to beat these myths is to understand how the Buying or Selling process works.

As a consumer you have the power to defeat this evil. You have the power of choice which is to choose the a good agent who is willing, ready and able to guide you through each step of the Real Estate process.

 

The TOP MYTHS ready for some myth busting:

1. MYTH: ALL LISTING AGENTS ARE THE SAME:  All agents are not created equal, so your choice in agents is one of the most important steps. You will want to hire a LISTING AGENT who is FULL TIME, FULL SERVICE and WELL EXPERIENCED with Listing, negotiating and selling SHORT SALES. Experience does not coming from taking classes, reading books or watching a negotiation. It comes from actually listing, negotiating and selling them. Do not be fooled....

2. MYTH: ANYONE CAN SELL THEIR HOME USING A SHORT SALE: In order to complete a short sale, a seller must be able to show a "hardship". Some examples are: not being able to afford your monthly payment, losing a job, illness, divorce, death or job transfer to another state. If you owe more than the house is worth and do not have another hardship, you could be denied.

3.MYTH: THE AGENT THAT GIVES YOU THE HIGHEST VALUE SHOULD ALWAYS BE THE ONE TO USE: Pricing the home will determine if anyone looks at it and how quick it will sell. Pricing a home too high means no one may even look at it. Pricing it to low means your Short Sale will probably be rejected costing you time and your chance for a short sale.Do not be tricked into someone giving you a high value just to get your listing only to tell you in a couple of weeks to slash your price.

4. MYTH: BIGGER IS BETTER: Do not get tricked into thinking that a bigger company is better. As a consumer you should focus on choosing the right agent. The agent with the most sales is probablily the one that is available the least for personal service when you need them..

5. MYTH: DISCOUNT BROPKER ALWAYS SAVE YOU MONEY: Discount Brokers often mean discount services. in a haste to save money it could cost you. Full service agents will offer more resources, time and effort to get your home sold quicker and at the best obtainable price.

6. MYTH: A LOWBALL OFFER SHOULD ALWAYS BE YOUR 1ST OFFER: Many markets are seeing the amount of homes on the market at levels less than half of just a few years ago. Prices are selling in days in some cases. By making a LOWBALL offer, you may liose the chance to buy your dream home.

7. SHORT SALES ARE TOO DIFFICULT TO USE TO BUY OR SELL A HOME WITH. This is one of the largest myths. Everyone hears the horror stories about short sales taking 6 months to a year but no one hears about the short sale that only took 3 weeks for me to get approval and 4 1/2 weeks to close. The truth is a short sale only goes as well as the listing agent is experienced in the listing, negotiating and selling of short sales. Banks are easier to work with these days, they are receptive to short sales. The banks however have no tolerance for incomplete short sale packages or agents who price homes way below market value to attract more buyers. Choosing a local agent who is well experienced can assist a home owner to sell if they owe more than the house is worth or if they are behind in their mortgages. They can also help buyers who have some time and patience to get a great deal.

8. THE BANKS ARE NOT LOANING MONEY. It is not entirely true, banks are indeed loaning money. The majority of the mortgages are FHA loans which do have higher standards than a conventional loan but offer many advantages such as only 3.5% down and the seller can pay the closing costs. The key is Buyers have to meet these higher standards of good credit and having some savings for down payment and closing costs.

IN CONCLUSION: As a consumer you have a choice. Avoid the thinking that bigger is better. You deserve the Best and that is having some one guide you through each step of the Buying process. If you are looking to purchase a property in NH, you can choose ME. I strive to offer the best in personal and professional service through EACH step of the BUYING process

It does not take magic to turn your "For Sale" sign into a "Sold" sign. it takes a full time Local Agent who specializes in Listing homes like yours.

If you are thinking of buying a Home please contact us. Get a free pre-qualification along with some of the BEST CUSTOMER SERVICE through each step of the Buying Prices.

 

Please call for a FREE MARKET ANALYSIS to know what the value of your home is.

 

WE STRIVE TO PROVIDE THE BEST POSSIBLE SERVICE THROUGHOUT EACH STEP OF THE LISTING AND SELLING PROCESS!!!

 

If you need to sell your home and you owe more than your house is worth, i may be able to help. I specialize in working with home owners to get your home sold. There are many options such as a short sale which may be able to help you.

Please try and avoid out of state or out of town agents and companies that make "out of this world promises". We are local agents with experience who never charge any up front fees.

We are local agents with experience who GET RESULTS!!!

 

We stand by you through every step in selling your home..

 

PLEASE SEE MY "TOP" TIPS FOR SELLING A HOME Are you READY TO SELL YOUR HOME? Step 1: Choosing an agent

PLEASE SEE MY "TOP" TIPS FOR BUYING A HOME Are you Ready to BUY A HOME? Step 1 Find a REALTOR

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. With 27 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area. To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com . We are Full Time Agents ready to serve all of your Real Estate needs through each step of the buying and Selling process. We are proud to be locally owned and operated.

If you have enjoyed reading my blog, please subscribe by clicking below

http://activerain.com/action/blogs_admin/subscribe?subscribed_agent-id=226993

Copyright 2008-2011, All rights reserved