Top 10 Realtor Myths Debunked

We’ve all heard these questions or statements at one time or another, so I decided to answer them in an easy-to-digest list you can forward to all your associates and misinformed friends.

Whether buying, selling, leasing, or looking, many clients or prospective clients have offered at least one of these statements to us, and we’ve all done our best to suppress a vigorous eye-roll.

So read on for a thorough debunking of the Top 10 Myths About Realtors:

1) You’ll get a better deal if you buy directly from the listing agent.

Not true. In the majority of contracts, the seller has agreed to pay a set commission beforehand. If the buyer has their own agent, the commission is split between the listing agent and buyer’s agent. It makes little difference to the seller either way. In fact, it will likely help you, as a buyer, to have your own representative during negotiations.

2) Agents are paid the entire commission.

Top Financial Mistakes To Avoid When Buying

Making mistakes is part of just about everything – that’s how life works. No one ever said it’s going to be easy, or that you’ll glide through on waters that are as still as a mirror. Of course you’re expected to stumble, to make occasional lapses on your judgement, to fall on your face at least every now and then.

But when it’s about something as major as purchasing a property, it would definitely put you in good stead to make a conscious effort to know what to avoid in the first place. That way you don’t waste time and, just as importantly, your hard-earned money in the process. So what are the financial property mistakes you can do without? Here are some of the most common.

Choosing the wrong mortgage

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Meet Our Team

Maison Valley consists of Mase Dhirani and Sam Valimohamed, two top-producing RE/MAX Ultimate agents, who specialize in the various aspects of both residential and commercial real estate including selling properties, acquiring for buyers, investments & property management.

Sales Representative, RE/MAX Ultimate
Sales Representative, RE/MAX Ultimate