Real Estate Advice to Ignore. Listening to real estate advice from your friends, family members, and colleagues is like listening to the little devil on your shoulder that is forever ready to misguide you. The only difference with your loved ones is that they unknowingly offer you information without understanding your situation fully. This is why it is important to consult with a Windermere Florida realtor before making any decisions.
We know that buying a home is a very big decision. You probably have hundreds of questions about where to start, who to talk to, what’s the best possible avenue for research, etc. The crux of the problem is that how do you know that the information you are getting is accurate, especially to your situation? You will be amazed to find out that sometimes, even real estate agents offer the wrong advice.
So, here’s some terrible advice regarding real estate that you are bound to hear but should ignore immediately:
Advice #1
Don’t Hire a Real Estate Agent If You Want to Save Money
Sellers and buyers always fall into this trap. What you are forgetting is that a real estate agent has great negotiation skills and market knowledge. If you are a seller then they will help you price your house accurately and make sure that it does not sit on the market. If you are a buyer then they will help you in your search for a house in a neighborhood that is near a good schooling district, has a low crime rate, etc. You can’t put a price on these benefits!
Advice #2
You Can Find the Value of Your House Through Online Estimates
Online estimates are just that – estimates! For the detailed market analysis, you need to know about the comps in the area, which will allow you to compare house prices and help you figure out how high your house will go for. This information does not come easily. Only a real estate agent can find this information with the snap of a finger.
Advice #3
You Don’t Need to Do Any Repairs. The Person Buying Your House Will Do It
This is true to an extent. Yes, the buyers would prefer that they get an empty canvas so they can decorate the house according to their tastes. However, this doesn’t mean that you leave the plumbing problems as they are. If the bones of the house are weak, the truth will come out during the home inspection. Plus, if your house has big repairs, the buyer is more likely to negotiate harder.
So now you know why you should not take real estate advice from your loved ones. Though they are trying to help you, they unknowingly do more damage. For quality Orlando real estate, you need to consult a professional Dr. Phillips realtor. To get in touch with one, visit Megan Dowdy Realty or call on 407-509-9279.
