5 Common Real Estate Myths

Real estate is full of myths—things people swear are true but, in reality, can hold you back from making smart moves. Whether you’re buying or selling, misinformation can cost you money, time, and a whole lot of stress. So, let’s bust some of the most common myths floating around the market.

Myth #1: You Should Wait for the Perfect Market to Buy or Sell
Trying to time the market perfectly is nearly impossible. Interest rates, inventory levels, and demand fluctuate constantly. The best time to buy or sell is when it makes sense for you and your goals. Working with a pro can help you navigate any market conditions.

Myth #2: You Have to Renovate Before Listing
Sure, a fresh coat of paint and minor touch-ups can help, but a full-scale renovation isn’t always necessary. Many buyers prefer to make their own updates, and in some cases, you won’t get back what you spend. A real estate pro can help you figure out what’s worth fixing and what’s just a money pit.

Myth #3: You Don’t Need an Agent—Just List It Yourself
Selling a home isn’t just about throwing it on a website and waiting for offers. Pricing, negotiations, contracts, marketing—there’s a lot more to it than meets the eye. FSBO (For Sale By Owner) listings often sell for less, and without an expert in your corner, you could leave money on the table or run into legal headaches.

Myth #4: The Listing Price is What You’ll Get
Your home’s list price is a starting point, not a guarantee. Market conditions, buyer demand, and negotiations all play a role in what you actually walk away with. Sometimes homes sell for over asking, sometimes under. Having a strategy in place is key.

Myth #5: The Highest Offer is Always the Best Offer
A high offer might look great on paper, but it’s not always the best choice. Factors like financing conditions, closing timelines, and contingencies can make or break a deal. Sometimes a lower offer with fewer conditions is the smarter move. The goal is to get to the finish line with the least amount of risk.

The Bottom Line
Real estate myths can lead to missed opportunities or costly mistakes. Whether you’re buying or selling, having the right information (and the right people on your side) makes all the difference. Got questions? Let’s chat and make sure you’re making moves based on facts, not fiction.