In addition to the complex process involved, there are a lot of pitfalls to avoid when selling a home, many of which have significant financial consequences. Unfortunately, some homeowners can’t escape said pitfalls, often due to held misconceptions about appraisal, marketing and other parts of the process. To avoid difficulties with your home sale, consider these common seller misconceptions: Read more
Earlier this week, we posted an article that shed light on some common myths about buying and selling real estate. One of these myths regarded how long sellers should wait before accepting offers on their homes. To learn more about this subject, watch this informative video by Diamond Certified Expert Contributor Marc Guay of Coldwell Banker.
While it’s not uncommon for real estate agents to offer client incentives or reduced commission rates, there’s a point where an overabundance of promises should be considered a red flag. Tori Atwell, broker associate with Alain Pinel Realtors, gives a true life example: “I had clients who returned after spending seven months working with a ‘discount’ agent. The agent enticed them by offering to give them most of his commission. Seven months later, they weren’t any nearer to getting a home, and they missed out on numerous opportunities. Read more