Is It Time To Bust Some Real Estate Myths? 5 Myths To Bust NOW!

By
Real Estate Agent with Coldwell Banker Realty

 

5 Real Estate Myths That Need To Be Busted NOW!

  1. It's better to get pre-approved for a mortgage after you find your dream home. (Find out why a pre-approval is so important.)

  2. Always start with your lowest when making an offer on a home.

  3. It's better to price your home on the high side when you're selling.

  4. Home renovations specifically to sell your home will net you more money.

  5. If the house looks good you can skip inspections.

The infographic below busts each of these five real estate myths, providing a "reality check" for both home buyers and sellers.  

Real Estate Myth Busters For 2022

   

 

One More Real Estate Myth That Needs Busting NOW...

... That you don't need an experienced real estate agent to help you buy or sell a home, especially when the market is hot. Of course, you can buy or sell a home without the assistance of a real estate agent. But the real question is whether you should buy or sell a home without an experienced agent to guide you through the process. If you've been tempted to go it alone, click here to find out why you should not go it alone when buying or selling a home.  

 

TO HELP YOU AVOID REAL ESTATE MYTHS THAT CAN DERAIL YOUR HOME PURCHSE OR SALE:

ASK US FOR OUR SPRING 2022 HOME BUYER & SELLER GUIDES

 

 

How Nina Hollander/Carolinas Realty Partners Can Help

 

If you’re a CURRENT HOMEOWNER: We can offer you a FREE, NO-OBLIGATION evaluation of your home’s current value, so you’ll know what it’s worth in today’s market.

 

What's My Greater Charlotte area home worth?  

We can also offer you an instant home value to get you started.

Instant Value For Your Charlotte Area Home

 

If you’re in the market to BUY A HOME: We can add you to our “Insider Access” list. Get the scoop on homes available for sale in the Greater Charlotte region as soon as they come on the market.

 

Free Home Listing Alerts At GreatHomesInCharlotte.com

 

 

Questions About Buying Or Selling A Home?

The best way to find out whether you need a real estate agent is to speak with one. We’re here to help and to offer the insights you need to make better-informed decisions. Let’s talk about the value-added services we provide to help you buy or sell in today’s competitive real estate landscape.  

 

Curious about Greater Charlotte's real estate market?

 

P.S.  You may wonder why we would give away our time and resources to buyers and sellers who might not hire us. It’s because we genuinely like helping people.  We also believe it’s the right way to do business.  

 

If you don’t choose to work with us today, please think of us for your next transaction… or refer us to a friend, a colleague, a family member, a neighbor looking for an experienced, knowledgeable and trustworthy agent.

 

We’d love to help and we'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:

 "The Right Broker Makes All The Difference."

 

Read the original at www.GreatHomesInCharlotte.com

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From The Greater Charlotte Area
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Oh by the way, I'm never too busy for any of your referrals!

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments (44)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and you are so right with these 5 items and thanks for sharing it with us.  Make it a good Sunday!

 

May 22, 2022 08:57 AM
Aura Alex
CloseMyDeal, LLC - Seattle, WA
Need A TC? Virtual TC Services Nationwide

As a realtor, I never took the buyer out for a home tour unless they had a "pre-approval" letter from their lender. Yes, some people still mentioned they had a "pre-qualification" letter, and some never learned the difference between the two. 

As an investor, "cash is king," and always! I never failed to provide sellers with a bank statement showing sufficient cash with verification from my bank. Inspection is the first thing we do before moving forward with the deal. Our offers for investment properties are always based on ROI as a rule!

May 22, 2022 09:51 AM
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Shanks for sharing Nina, great information on need to use a professionally trained agent.

Of course, you can buy or sell a home without the assistance of a real estate agent. But the real question is whether you should buy or sell a home without an experienced agent to guide you through the process.

May 22, 2022 10:11 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Dorie Dillard Austin TX hi Dorie... for a long time the bane of my existence were clients coming from New Jersey and immediate New York area... they always priced their homes about 20% above market value to negotiate. In Charlotte we priced close to market value and don't build in a negotiating cushion. So these buyers would come to Charlotte and immediately offer 20% less than ask and then wonder why no one would "talk" to them.

May 22, 2022 11:24 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sheri Sperry - MCNE® hi Sheri... I've come to realize that there are many agents out there (especially new and inexperienced ones) who do not educate their clients properly... maybe because they don't know any better themselves. And of course, there are those buyers and sellers who think they know better.

May 22, 2022 11:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm thanks, Will, for stopping by today... trust you've been enjoying your Sunday thus far.

May 22, 2022 11:26 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Aura Alex hi Aura... I was referred a lovely young couple just this past week who are first time buyers. And even though their "family realtor" of many years referred them, she had not fully underscored to them how important that first step of a pre-approval is. They are now working on a their pre-approval and hopefully I should have something in hand by mid-week.

May 22, 2022 11:28 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sham Reddy CRS thanks, Sham, for popping by today. I'm always amazed that people who are about to make decisions about what for most of them is their single largest financial asset think they can do it properly without professional assistance.

May 22, 2022 11:29 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

5 excellent points, especially the overpriced home. 

May 22, 2022 12:13 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina this infographic is a great to answer those very common myths.

May 22, 2022 03:13 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - East Valley thanks, Bill, and thanks for stopping by. Wishing you a great week ahead.

May 23, 2022 04:07 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto thanks, George... a picture really can be worth 1,000 words! Happy Monday!

May 23, 2022 04:07 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good information to share with prospective home sellers and home buyers.

May 23, 2022 09:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks, Roy... so many people out there making decisions based on myths and not facts.

May 23, 2022 12:31 PM
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
Relocation to NW AZ with elbow room & more freedom

Solid practical advice, that requires restating on an ongoing basis.

May 23, 2022 01:36 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Leanne Smith thanks, Leanne... and you're right... some things just need to be repeated on a regular basis!

May 23, 2022 01:52 PM
Leanne Smith

I know people have short memories and many do not even read what they are suppose to read.  Their urgency creates potential problems even for the most seasoned and skilled real estate agent.

May 23, 2022 02:29 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I would be very scared of being found liable if I promoted any of those myths Nina 🙁

May 23, 2022 03:10 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS good morning, Paul... these days, as real estate agents, we really can't be too careful, if you ask me.

May 24, 2022 05:25 AM
Cara Marcelle Mancuso
Golden Girls with SW Desert Homes - Tucson, AZ
Call a Marana neighbor, I'm THERE!

Terrific post backed up with just the facts.  Sounds like folks are in experienced hands in the Charlotte area with Nina Hollander, Broker 

May 26, 2022 09:36 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Cara Marcelle Mancuso thanks, Cara... with 30 years in this business under my belt, I like to think I bring some serious experience to the table! 

May 28, 2022 01:58 PM