Top 10 Real Estate Myths - Choosing A Charlottesville Realtor

Real Estate Agent with Keller Williams Realty

Top 10 Real Estate Myths
Choosing A Charlottesville Realtor

Top 10 Real Estate Myths


Sponsored By: Charlottesville Homes For Sale


1. Since we can believe everything that's written on-line, it's fair to evaluate a Charlottesville contractor based soley from reviews on Yelp.


2. Choosing a Realtor is as easy as calling the local office of one of the small boutique companies in the area you want to live and asking to speak to the agent on duty.


3. For future positive appreciation, ONLY buy homes with Granite counter tops and stainless steel appliances.


4. Charlottesville's real estate market has been in such a depressed way, driven by Foreclosures and REO's, that buyers have been told to ALWAYS offer at least 22.375% below list price.


5. Virginia uses standardized Contract & Addendum forms generated on-line by the Association of Realtors - EXCEPT for the Purchase Contract, which M-U-S-T be generated by an attorney.


Sponsored By: Charlottesville Homes For Sale


6.  In Virginia, Buyer's Agent fees are deductible on buyer's taxes using Form 1041-E.


7.  Buyer Agency fees are contracted by seller and negotiated by a 3rd party prior to closing.


8.  Buyer Agency is just a fad developed by an overfed, underworked, part-time Realtor with little real estate experience and no business in scheming new representastion laws.


9.  Buyer Agency costs a buyer way more than its worth. Better for a buyer to go it alone without the "benefits" of having an agent guide, explain, negotiate for, and represent them through the transaction's ups-and-downs.


10.  Choosing a "good" Realtor isn't such a big deal since they're all a Dime-A-Dozen, with all the same experience, schooling, insurance, and company exposure.


Sponsored By: Charlottesville Homes For Sale


Think you know which are Fact and which are Fantasy?


Give me a call, text, or e-mail and we can discuss these and many more of the relevant issues that are bound to come up during your home purchase in the Charlottesville area!


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Thank you for reading Top 10 Real Estate Myths in Charlottesville, VA

Provided courtesy of Fulton W. Gaylord
Keller Williams Realty – Charlottesville

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Posted by

Fulton Gaylord-Associate Broker, ABR, SRES, e-Pro
Certified REO Specialist, Registered HUD Agent
Keller Williams Realty
3510 Remson Ct., Ste 301 Charlottesville, VA. 22901

Comments (2)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Fulton,,,this pretty much applies to all of us..Thanks for sharing.

Jan 01, 2014 04:49 AM
Beth Spradley
Beth Spradley, LLC - Cape Coral, FL
Selling Homes & Investments in Florida and Alabama

That should get some conversations going with good buyers and sellers who will appreciate the knowledge.  Happy New Year, Fulton!

Jan 01, 2014 05:23 AM