When buying or selling real estate, knowledge is a powerful advantage.

 More than mere information, real estate knowledge comprises facts, truths and principles of real estate. Let's face it, there is lots of information about real estate out there. In practice you can't have too much information about a property, its neighborhood and the local real estate market. It's an important principle to have accurate, complete and current information. Not all real estate information is current, factual or even truthful.

There is another facet about knowledge to consider and that is experience.

Many acquire knowledge but frankly it takes time spent applying that knowledge to acquire experience.