Common Seller Misconceptions

 

Are you getting ready to sell your first home?

Not sure where to start?

Buying a home can be one of the most significant transactions in your life, and navigating the real estate market comes with its fair share of myths and misconceptions.

In this article, our realtors in Ann Arbor debunk some of the most common real estate myths, based on insights from the Urban Acres blog.

Myth 1: FSBO (For Sale by Owner) Can Save You Money - Don't Go Solo

One common myth is that you can save money by selling your property without the assistance of a real estate agent. However, 2022 data from the National Association of Realtors reveals a stark reality - median FSBO prices were $310k, compared to $405k with an agent. We make sure to emphasize to our clients the importance of professional guidance during the homebuying process, just like you wouldn’t go through a complex legal process without an attorney.

Myth 2: Agents are Interchangeable - Not All Agents Are Created Equal

Real estate agents are not interchangeable! Our team knows the importance of great communication, experience, attention to detail, local market knowledge, and negotiation skills, and we have a proven track record. The team humorously adds, "and, of course, good looks!"

Myth 3: Price Your Home Higher... - The Pitfalls of Overpricing

We advise against overpricing a home, because today's buyers can quickly identify overpriced listings. Waiting for a price reduction may lead to a perception of desperation, resulting in a lower final sale price.

Let Our Realtors in Ann Arbor Help You Sell Your Home

Don’t go through the home-selling process alone! There are so many factors to consider when selling your home, and our realtors in Ann Arbor are here to help. We will get you the best value for your home and guide you through the process making it smooth transition.

Contact our team to begin the process of selling your home in Ann Abor, MI!

Common Home Buying Misconceptions

 

Are you getting ready to purchase your first home?

Nervous about navigating the real estate market?

Buying a home can be one of the most significant investments in your life, and navigating the real estate market comes with its fair share of myths and misconceptions.

Our expert realtors in Ann Arbor debunk some of the most common real estate myths, based on insights from the Urban Acres blog.

Myth 1: FSBO (For Sale by Owner) Can Save You Money - Don't Go Solo

You might think you can save money by not using an agent, but unfortunately this is not the case. The professional guidance and advice you’ll get from your agent is invaluable during the complex real estate process.

Myth 2: If You See a Home Online, It's Available - The Need for Timely Information

You might think that online listings are immediately available, but that’s not always true. In a competitive seller's market, quick access to accurate information is crucial. We recommend searching directly from the Multiple Listing Service (MLS) through an agent to ensure up-to-date and reliable data.

Myth 3: Agents are Interchangeable - Not All Agents Are Created Equal!

Despite your past experiences buying or selling a home, you likely will still need help navigating today's market. Changes in lending rules, laws, technology, and processes require the help of a knowledgeable agent.

Let Our Realtors in Ann Arbor Find Your Dream Home

With all the false information out there, it is easy to fall for these common real estate myths. Don’t go through the home-buying process alone! If you’re buying a home, our realtors in Ann Arbor will help guide you through the process with ease and answer all your questions along the way.

Contact our team to begin your search for the perfect home in Ann Arbor!