Here are 7 Home Selling Myths that we are busting!
Some cities require pre-sale inspections, but in general, repairs are not required by law. Carbon monoxide devices, smoke alarms, and water heater bracing are required. Repairs are a point of negotiation. Lenders could have requirements.2. Price High to Get More Money
3. Spring & Summer are the Best Time to List
4. All Real Estate Agents Do the Same Thing
5. You should never accept the 1st Offer
The first offer could be your only offer and your best! Some properties only get 1 offer on the home because it is very unique. If you want to hold out for more offers, you always can, but it also means your days on market are increasing.6. Remodeling has a Return On Investment (ROI)
Many homeowners believe that if they remodel a bathroom and spend $50,000 that they will make that money back when they go to sell. Not all remodels have a one-to-one relationship with increased value.7. Living Trusts Complicate Deals
Many homeowners hold title to their property in a living trust, for example: the Garcia Family Trust. This doesn’t mean selling is more complicated for you when you choose a team like KALEO! We have experience selling homes that are held in living trusts. We have done probates and properties where there is a successor trustee because the original trustee has passed away.
Visit our company YouTube Channel to watch the full video on 7 Home Selling Myths:
Part 3: https://youtu.be/zSAyiFxqjag