Home Selling Myths

When it comes to selling your home, there are a lot of myths and misconceptions out there. In this blog post, we'll dispel some of the most common myths so that you can enter the home-selling process with your eyes wide open.

Myth #1: You Need to Spruce Up Your Home Before Putting It on the Market

Many homeowners think that they need to spend a lot of money on cosmetic upgrades before putting their homes on the market. But in reality, most buyers are more interested in the bones of the house — things like square footage, number of bedrooms and bathrooms, and location. As long as your home is clean and presentable, you shouldn't need to spend much money on upgrades. 

Myth #2: The First Offer Is Always the Best Offer

Reality: Often, the first offer is a lowball offer from an inexperienced buyer who's just trying to get a deal. Don't automatically accept the first bid that comes in. Instead, counter with a fair price and see if the buyer will meet you in the middle. If not, move on to another potential consumer.

Myth #3: It Takes Forever to Sell a House

This isn't always true. It really depends on things like market conditions and pricing. In some markets, houses sell quickly — sometimes within days or even hours! If you price your home competitively and make it available during peak buying season, you could have it sold in no time flat. 

Myth #4: Realtors Aren't Worth the Cost

Full-service real estate agents do charge a commission (usually 6%). Still, they also provide valuable services like marketing your home, negotiating with buyers, and handling all the paperwork involved in selling a house. Realtors have access to the Multiple Listing Service (MLS), which gives your home maximum exposure to potential buyers. So while you may have to pay a commission upfront, working with a realtor could save you money in the long run — not to mention help prevent many headaches! 

Property Tax Consultants on Long Island

If you want to reduce your property taxes, we’re here to help. Based in Plainview, New York,  P.T.R.C., Inc., specializes in minimizing clients’ property tax assessments with personalized service. Our number one priority is customer satisfaction. info@ptrc.com

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