4 Real Estate Myths vs Reality Exposed
Is it better to sell your own house without an agent? Is it cheaper to rent than to buy a property? Is it more convenient to advertise the house in several places? There are dozens of real estate myths around the market and several theories around these issues. Many people are unaware of what is related to the purchase and sale of houses and live immersed in a sea of doubts.
When it comes to selling a property, many people choose to sell as a private individual without having a real estate agent or choose the closest agency without worrying about the service they will offer you for the sale of your property. Most of the people who choose these formulas do so based on some false myths that we detail here:
Myths: Agents are just streaming in money
Definitely, there are some real estate agents who are just working to take the money in, but not all. It is not correct to assume that all agents just work in their working hours and days to keep the income coming. While there are agents who work for more than eight hours a day and even on weekends to provide results to their customers. Their quality work ultimately provides the value of their work in terms of the commission amount.
Not all agents earn equally, so your selection for the best real estate agent in Knoxfield should not rely on their earnings.
Myth: All Real Estate Agents are The Same
One more from real estate myths! As in any profession, there are good and bad real estate agencies. A great agency knows the market, has proven experience. They can sell your home quickly and for the best possible price, in good times and in bad times too. You have to find the best possible agency. Remember, the money and headaches that you are going through to find the best real estate agent are worth it.
Myth: Choose the real estate agent who charges you the least
Lower-fee agents will do less for you, little more than putting up a FOR SALE sign and waiting in the office for someone to show up.
In this profession, as in any other, you can find more or less prepared professionals. Some with personalized services for each client, while others are committed to fulfilling the objective set. Obviously, the better one cares about the real needs of their clients and knows how to make a specific marketing plan to sell the property. These kinds of agents have a network of collaborators and real estate associations so that those properties have the maximum diffusion. Thus, you’ll get worth the value of the cost you spent on the agent.
Myth: Property Managers Does Not Have Anything to do Instead of Collecting Rent
Taking in the rent money is not just a deal for property managers, at least not for better ones. The main work for property managers is to deal with property occupancy. They have to keep liaising with various tenants, going through continuous inspections, and also various applications.
What after they found tenants for the property? Will they just sit waiting for the rent to roll in? Definitely not. Property managers are responsible for maintenance fixes, legal works, rent reviews, insurance of buildings, lease renewal, and a lot more.
Even collecting money is not a fun activity. Late payment is also a problem that property managers have to go through.
How much has your perception of these real estate myths changed? We hope that now you have clearer ideas of everything that revolves around this world of real estate.
