Debunking the Latest Home Selling Myths That Exist Today

There's a lot of gossip and hearsay in the real estate market these days. Let's debunk the most common home selling myths that exist today.

Want to sell your home fast? Want to do it without spending money?

Common home-selling myths will tell you that this isn’t possible. However, myths are not facts, nor are they rules or guidelines. 

If you want to sell your home quickly without breaking the bank, you absolutely can. But first, let’s take a look at where some of these myths come from. Keep reading for the latest home-selling myths, as well as an explanation as to why they’re wrong. 

Myth: Selling a House Costs Money

Most people will tell you that selling a house costs thousands of dollars. The unyielding belief in this home-selling myth can be seen in a modern statistic. Did you know that the average home seller spends over $20,000 preparing their house for the market?

These costs include things like:

  • Updates
  • Repairs
  • Cleaning services
  • Professional staging services
  • Appraisals
  • Inspections
  • And more

Yet, if you want to save what will clearly add up to thousands of dollars, you can. You don’t need to invest in any of these services, nor do you have to perfect your home to sell it.

Myth: You Must Complete Repairs to Sell Your House

Okay, let’s talk a little more about the home-selling process for distressed homes in the real estate market. Yes, it will be more difficult because your target market will consist of low-income buyers, fix-it and flip-it investors, and other people looking for project homes. 

However, there is also a simple alternative. Reach out to a cash home buyer that will give you an offer for your home, regardless of what condition it’s in. You won’t have to make repairs, renovations, or updates to sell it. 

Myth: You Need a Realtor to Sell Your House

Next, let’s look at FSBO homes. Many people will tell you that you need the best real estate agent to get your home sold quickly. This simply isn’t true. 

Yes, in some cases, they’ll be able to help you sell your home faster and for more money. But this scenario doesn’t apply to all home sellers. For example, if your home needs a lot of work or you are in the middle of a slow housing market, there’s only so much a realtor will be able to do. 

Furthermore, by selling your house at the home appraisal value, boosting your curb appeal, and doing your own marketing, you should be able to sell your home without an agent under most circumstances.

Myth: Selling a House Takes Several Months

Finally, many homeowners will swear that that fastest home-selling process still takes two to three months. If you look at home preparation, listing, showing, and closing, they’re not wrong. 

However, this is a narrow-minded approach to selling a house. If you’re wondering, “What’s the fastest way to sell my house?” the answer can be found with cash home buyers. They can complete the entire process in under two weeks. 

This method is ideal for homeowners who:

  • Are going through a divorce
  • Are facing foreclosure
  • Are being relocated for work
  • Have inherited a house that’s costing them money
  • Etc. 

Essentially, if you need to get out of a home immediately and or don’t have time or money for repairs, cash home buyers can expedite the home-selling process exponentially. 

Want to Prove the Home-Selling Myths Wrong?

As with any myth, ideas are formed off of perceived experiences and misunderstood situations. This is just as true in the real estate market as it is with ancient gods from various cultures around the world. We know that Zeus is not a real person, and now you know that the myths listed above are equally untrue. 

For more real estate insight, take a moment to look through some of our other articles. Our blog was created to help readers like you make well-informed decisions.


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About Marc Wallace

I'm never too busy to share my passion. I've created this page to help people learn more about business, finance and real estate. Besides all the serious stuff, I'm also a man that values family and healthy relationships. I hope you find my content insightful.

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