The Top 4 Home-Selling Myths of 2019, Busted

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“Fake news” has become one of the trendiest terms of the decade—even when it comes to real estate. Homeowners are often bombarded with selling advice that promises to get their home sold quickly and for top dollar…but more often than not, these “tips” are nothing more than misleading—and can throw you off-track. 

As we near the end of the year, we want to set the record straight. Here’s our list of the top four selling myths, debunked.   

Myth #1: It’s Just like Reality TV

Woman watching TV with popcorn

If HGTV is your guilty pleasure, you’ve probably watched hundreds of buyers and sellers navigate the real estate process on camera. Although the shows do get some things right, they’re often scripted and don’t provide an accurate idea of what it takes to sell your property.

One of the biggest misconceptions created by these programs is the length of the selling process. Don’t fall for the TV magic—it actually takes a lot more than a showing and a phone call to close a deal. In reality, homes can sit on the market for 60 to 100 days or more, and the closing process might last for up to 45 days. Instead of expecting instant gratification, it’s best to talk with your agent to create a realistic timeline before listing.

Myth #2: Selling Without an Agent is Cheaper

Clock with coins and wooden house figurine

Many sellers are tempted to list their home as “for sale by owner” because they want to avoid a commission fee. However, the risks involved definitely outweigh the savings. Real estate agents have to wear a lot of hats—they act as everything from property value analyzers to professional marketers to legal negotiators, all of which require years of experience. When you opt to sell on your own, all of that responsibility falls onto your shoulders, and it’s a lot to handle at once.

Although it might seem like you’re saving money by doing it all yourself, an agent can protect you from scams, guide you through paperwork, and even sell your home for up to 75% more. In fact, a recent assessment by the National Association of Realtors notes that the average FSBO home price was $185,000, while homes sold by a Realtor went for $245,000. That’s a $60,000 price difference, which is much more than what you’d pay in commission!

Myth #3: You Can Only Sell in Spring or Summer

Woman throwing leaves

It’s no secret that spring and summer are prime seasons for real estate, but that doesn’t mean you should only list during those months. In fact, there are some hidden benefits to selling during the fall and winter that you might not have considered.

Many people buying in the second half of the year are often more motivated to make a deal, whether they’re relocating or adapting to a change in their personal life. That means they’ll likely have their paperwork and finances in order well beforehand, which speeds up the closing process. You’ll also deal with less competition, which will make your home stand out more and give you extra negotiating power.

Myth #4: You Can Price Your Home by Yourself

Agent and client discussing a contract

There are countless mistakes to avoid when it comes to pricing your property, especially if you’re a first-time seller. Many homeowners believe they know their home best and can set their own price, but this isn’t necessarily the case. Oftentimes, sellers put more value into their home than it’s actually worth due to personal feelings—after all, it’s hard to see your own home without an unbiased eye! The right agent will know the ins and outs of the local market and won’t be so biased, which makes them qualified to give you a more accurate estimate.

It’s also crucial to be wary of online home estimators that promise instant results. Believe it or not, they won’t take into account any recent upgrades or repairs you’ve made on your home. A website also lacks the same personal touch as a real person. An agent will do thorough research into real estate trends in your area, as well as other properties that have sold nearby. Their hyper-local analysis paints a better picture of what your home can actually sell for.

Looking for More Selling Advice?

Whether you’re selling your first home or your fifth, it’s always a good idea to brush up on your real estate knowledge. If you have questions or are ready to list, feel free to reach out to us for more information. We can’t wait to team up and tackle the selling process together!

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Keep Calm and Move On: How to Tackle a Long-Distance Relocation

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Whether you’re heading down the street or to a new town, moving is always a tough transition. However, relocating across the country presents a whole new set of challenges you might not have considered. Picking up your life can be an exciting change, but it’s also a bit overwhelming. 

Need some help navigating the process? Take a deep breath and get ready—we’ve got some quick tips for you!

Stay on Top of Your Schedule

A monthly planner

Sometimes a cross-country move can come out of nowhere, especially if it’s due to a job or major life change. Even if you’ve been planning your relocation for a while, it can still be exhausting. Before you start tearing your hair out, it’s crucial to start planning ahead of time.

Once you’ve figured out your moving date, be sure to stay on top of your calendar. It’s easy for your schedule to fill up with appointments, going-away parties, and other obligations. It might help to create to-do lists or invest in a good planner (digital or paper!). However, as you get busier, be sure to plan some time for yourself, too. Tackling a move is impossible without some self-care!

Declutter & Organize

A woman organizing cabinets

Let’s face it—organizing everything you own and moving it thousands of miles is no easy feat. Start lightening the load right away, and get rid of things you won’t need once you move. You might even want to have a garage sale or donate your gently used objects to charity. Remember, if you don’t use it regularly, you should probably lose it. 

Looking for a simple way to tackle the decluttering process? Try going room by room and sorting things as you go. It’s easy to get overwhelmed as you pare down your possessions, so having a system will help ease the burden. 

Pack Everything Up

A pile of moving supplies

When it comes to packing, it’s essential that all of your belongings are secure. Check that all boxes are reinforced, and invest in some heavy duty tape and wrapping materials. Moving supplies don’t have to be expensive, though—check social media or local stores to find a bargain on some good quality boxes.

Your stuff is in for a long haul if you’re moving across the country, so you might want to take extra steps to prevent any damage.  If you’re looking for some good padding, old t-shirts and socks will do the trick in a pinch! Don’t be afraid to get creative—jewelry boxes, small containers, and extra suitcases can help you save some space.   

Make Travel Arrangements

Person packing luggage

When you’re making a move across the country, getting to your new home is one of the most difficult parts of the process. Be sure to make travel arrangements in advance—this means you should research hotels, book rentals, and reserve plane tickets ahead of time. As you’re packing, be sure to set aside any essentials that you might need as you travel to your new place.

Wondering what you should keep on hand? Think of it like packing for a vacation—you’ll want toiletries, extra clothing, medication, and all your other “must-haves.” Don’t forget to keep important paperwork, such as birth certificates and passports, with you in case you need them.

Connect with a Local Agent

Two people shaking hands

Unless you have a friend or family member in your new city, it can be tough to scope out the area. Nobody will know your future home quite as well as a local, and connecting with the right real estate agent can help.

Aside from helping you find a home, your agent can also help you navigate your new surroundings with ease. Working with an area expert comes with a lot of perks, including relocation packages, personalized guidance, and specialized tools…not to mention the local knowledge to recommend anything from the top school district to the best pizza joint! When you’re choosing a real estate agent, be sure to do your research and reach out to a few before making your decision. You want to make sure you gel with whomever you choose!

Ready to Conquer Your Move?

Although relocating can be stressful, it doesn’t have to be as difficult as you might think. Remember, staying organized and prepared will make the entire process that much easier! If you’re new to the area or are looking for some long-distance buying resources, feel free to reach out to us. We’d love to ease the burden of your cross-country move!

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