Here are 5 common misconceptions about today's real estate market.
MYTH #1 : It's better to get pre-approved after you find the perfect home to buy.
REALITY: You should get approved before you begin your home search, so you know your budget and can act quickly when you're ready to make an offer. It makes your offer stronger to sellers, too.
MYTH #2: Always start with your lowest offer when buying a home.
REALITY: In a competitive market like we have today, you may not get a second chance.
MYTH #3: It's better to price your home on the high side when you're selling.
REALITY: A house that is priced competitively will likely sell faster and attract more offers.
MYTH #4: Renovating your house will definitely net you more money when you sell.
REALITY: Some renovations may be necessary, but not all of them. As your trusted agent, I can advice on what's important to fix before you sell, and what's not.
MYTH #5: It's safe to skip the home inspection if the house looks good.
REALITY: You shouldn't skip the home inspection. It could uncover hidden problems that might cost you down the line.