Real Estate Myths

THERE IS A LOT TO KNOW ABOUT SELLING YOUR HOME

A common phrase people say is that "A home is only worth what a buyer is prepared to pay for it". If this were true, it would not matter who or how you sell your home - the result would be the same. The truth is, however, that buyers have multiple prices they will pay for a property:

1. Their bargain price - the price they'd love to pay for it.
2. Their fair price - the price they are willing to pay for it.
3. Their top price - the price they will stretch to pay for it.

This is important to acknowledge because it highlights the need to choose an agent who is driven to not just achieve a sale, but a sale for the highest and best offer than a buyer is prepared to pay.

If you want to examine how you can sell your property more effectively, here are a few resources that might be helpful. The real estate industry has not earned a favourable name, with many consumers likening agents to professions known for their deceitful and misleading practices. There are a lot of tricks that agents use to sell property, and most of them are targeted at the home seller. These dirty tactics can often lead home sellers to make the wrong decisions, from the agent they choose to the price they sell.

Before researching agents, research the industry to equip you to make the best decisions for you and your family.