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Real Estate Fact or Fiction? What You Need To Know!

Posted On Monday, September 11, 2017

Real Estate Fact or Fiction? What You Need To Know!

There are a lot of real estate myths out there, so how do you know what is fact and what is fiction? Let us help! We're sorting out the myths from the facts right here on some of the most popular real estate conceptions and misconceptions. Let's see how much you already know. So what do you think about the following statement? Fact or fiction? Let's find out!

 

1. The exterior of your home is as important as the interior of your home: FACT

Curb appeal is a crucial element when attracting buyers. It is the first impression of your home whether a potential buyer is driving by or viewing it online. It will either garner more interest in the home or cause the home to be passed over. That's not to say the interior of your home doesn't matter—it does, but you know how the saying goes: You never get a second chance to make a first impression—make it the best it can be.
  Exterior Home

2. Location is the most important factor when buying a home: FACT

You've heard it before: Location, location, location. Yes, it is the most important factor to consider when buying a home, but it's not the only one. You'll also want a proper and thorough home inspection done. You want to consider any outside factors that may directly influence the home and weigh that carefully, as well. Most importantly, you want to make sure the home suits your needs as the buyer. 
 
 

3. Remodeling your home is an expensive endeavor: FICTION

Whether you're looking to improve the current market value of your house or ready your home for future sale, remodeling does not have to be expensive. You can make a world of difference in your home by choosing inexpensive ways to boost the appearance of your home. Freshly painted rooms, updated hardware on the cabinets, freshening up of carpets (whether it's just cleaning them or replacing them if need be), and sanded and polished hardwood floors are noticeable ways to make improvements on your home without breaking the bank, or you budget. 
 
Inside Home
 

4. You need a professional stager to make your home "show ready": FICTION

It really depends on the condition of your home. Ask your real estate professional for their recommendation. They know what best suits each particular home and what will attract the largest amount of potential buyers. If your home is clean and you have the right accents to make it show ready, then your agent may be able to work with what you already have. If your home is totally cleaned out and bare, a professional stager might be worth the expense in the long run when it comes to making your house attractive and appealing to buyers.
 

5. The end of the year is a bad time to put your house on the market: FICTION

Although the spring and summer seasons are considered prime selling times in most areas across the country, that doesn't mean it's the only time you should put your home on the market. Every day a new buyer walks into the real estate market. The prime spring and summer selling season also means more competition for buyers. Choosing to put your home on the market in the off-season may give you other selling advantages like serious buyers who are ready to buy and less competition for buyers, as examples. You can read more about the advantages and disadvantages of selling your home in the on- and off-seasons in our previous post entitled: When is the Best Time of Year to Sell Your House?

 

Are you looking to buy or sell a home in the Topsail, North Carolina area? Century 21 Action Topsail can help. Contact us and we'll be happy to assist you in any and all of your coastal Carolina and Topsail Island real estate needs.

 

Get in Touch with a Century 21 Action Topsail Real Estate Professional  

 

 

Do you have a real estate myth you'd like addressed? Put it in the comment section below and we'll try to address it in the next edition of Real Estate Fact or Fiction in an upcoming post. 

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