Don’t Be Fooled By These 3 Real Estate Myths

Posted by Bonnie Martin Designated Broker on Friday, April 12th, 2013 at 8:48am.

homes.yahoo.com - As the real estate market significantly rebounds, some buyers and sellers are dipping their toes in the waters for the first time. Inevitably, they come into the market with assumptions about how it works.

The trouble is, the new buyer or seller’s assumptions are sometimes based on outdated or generalized “real estate myths.” Here are three such myths that many less-seasoned home buyers and sellers assume are true.  Myth No. 1: Spring is the best time to sell a home.  The reality: The best time to sell is during the holidays and right after.  Myth No. 2: Always start with your lowest offer.  The reality: A low offer may get you nowhere fast.  Myth No. 3: A cash offer trumps all.  The reality: A savvy seller may be more tempted by a solid financed offer.

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