Real Estate Myths

Common Real Estate Myths BUSTED!

The Grand Junction Real Estate Report

There is a lot of information out there about the real estate process, but often times it's confusing to sort through it all and understand how the process really works. On today's show, Robert and Dave clear up the myths that most people believe about buying or selling a home. See the short list of myths below and listen to the show to hear the myths BUSTED!

REAL-ESTATE-MYTHS-BUSTED

COMMON REAL ESTATE MYTHS

  1. All agents are created the same.

  2. Real estate agents are paid a salary.

  3. You must have 20% for a down payment.

  4. You have to have perfect credit to buy a home.

  5. Agents keep all the commission on the sale of a home.

  6. Typical commission is 6% of the home sale.

  7. An agents mileage and operating expenses are reimbursed.

  8. Marketing expenses are paid for by the brokerage, not the agent.

  9. A home will "pass" or "fail" an inspection.

  10. Fall and winter are a bad time to sell.

  11. Only real buyers shop on the weekends.