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Common Real Estate Myths

Wednesday, April 13, 2022
by Scott Darling

If you are in the process of buying or selling a home, you may have already come across some of these common real estate myths.  Real estate myths are abundant and are quite prevalent in the real estate world.  Below you will find a few real estate myths to be wary of whether you are buying or selling a home. 

  1. Some folks believe that if you don’t use a real estate agent you are likely to get a better deal.  This is totally false because no matter which one of you have the agent…one of them is going to get the commission be it the buyer’s agent or the sellers agent.  The only way to get around dealing with paying a commission to a realtor is if you sell or a buy a home that is for sale by owner.  If you do decide to purchase or sell by owner, be very careful because there are a lot of things that can and perhaps will go wrong when you try to go it alone.  Real estate agents deserve all the commission they get because they do a lot of work that you don’t have to worry about doing yourself. 
     
  2. Another common real estate myth is that you should set your asking price higher than what you expect to make.  If you price your home too much above the market value you are likely going to be doing yourself an injustice.  Folks are going to pass your home by because they know that it is not in their price range.  Setting your home at a reasonable price is a good way to get buyers to show some interest and not be scared off by sticker shock. 
     
  3. Yet another common real estate myth is that all of the houses listed in the multiple listing systems are all available to look at online.  Most of the houses on MLS are listed online but if you don’t tell your realtor that you want your home listed online he or she may not do so. 
     
  4. Another real estate myth  is that having an open house will basically guarantee that you home will sell.  While open houses are good to get folks out looking at your house, they don’t always bring the buyer to your door.  Typically those that look at your house during an open house are just browsing and likely won’t give you an offer. 

Do your part not to let these real estate myths fool you by knowing them ahead of time before you buy or sell a home.  

Courtesy of Chester County PA Realtor Scott Darling. 

Photo credit: Realty Leadership

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Staging Your Home Inexpensively

Wednesday, April 29, 2020
by Scott Darling

If you’ve made the decision to put your home on the market, your Realtor®  has probably told you that staging plays an important part in the sales process.  You have a little painting you’d like to do, as well as do some work in the kitchen, but a full house staging just isn’t in your budget. Don’t be intimidated by the thought of having to fork out a lot of money to make your house looks perfect--there are inexpensive ways to stage your house, and here are just a few: 

  • - Discount department stores are full of inexpensive home decor: faux plants, decorative pillows, framed art and mirrors.  
     

  • - Sheer window panels cost less than half the cost of new curtains, allowing natural light to shine through, which is a huge plus, as a dark house isn’t on very many house hunters’ lists. 
     

  • - After cleaning carpets or even refinishing hardwood floors, an area rug or runner to brighten and protect them may be necessary.  
     

  • - The bathrooms can be given a fresh look with new shower curtains and a set of fluffy white linens in each room. 
     

  • - Big box stores are the source for inexpensive cabinetry hardware, light fixtures, as well as faucets that you may choose to replace. 
     

  • - A vase of fresh flowers brightens any room!  Discount bouquets or even single blossoms can be purchased in department store produce sections or flower markets and can last a week or more if cared for properly. 
     

  • - If you’re planning on placing a bowl of fruit on the kitchen counter, purchase oranges or apples instead of lemons. They can be eaten by the family, which saves money, as they won’t be tossed out! 
     

  • - On the outside, inexpensive mulch can transform the flowerbeds.  Pots with annuals planted in them are all you need for a splash of color on the front steps. 

 

If you must use what you have, like many homeowners, ask your agent if they can recommend a stylist that specializes in redecorating with what is available. The cost would be much less than using an interior decorator, not to mention less stress for you.   

 

Courtesy of Chester County PA Realtor Scott Darling.

 

Photo credit: stacidonegan

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