If you are in the market to sell or buy a property, you may have some incorrect misconceptions.
We decided to debunk some real estate myths that may be impacting your search. Consider these as guidelines for buying and selling.
Myth One: Listing your home for more than what you expect to receive will net you the price you want.
This is often considered room to negotiate. But it’s a mistake you don’t want to make. Listing too high may actually net you a lower price. Why? Because buyers and agents often won’t even look at homes priced above market value. You always have the option to reduce the price after a few weeks, but that’s not a situation you want to be caught in. A price reduction can signal to buyers that there are problems. Even in a low…