Common Real Estate Misconceptions for Buyers & Sellers debunked for best results

 

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Andrew Duncan, #1 RE/MAX Agent in Florida together with his guest, Robert Johnson, president of The Duncan Duo team, talk about the common real estate misconceptions for buyers and sellers.

You do not need a real estate agent to buy a home.
There are a lot of things an experienced agent can help you with. Real estate agents used to be the gatekeepers of information but now that more and more information are available online. The role of a real estate agent has evolved to where they help you navigate the process. They help you what to do with the information and how it's going to affect you. The real estate market is very tough right now and the contract to closing process has become more and more complicated. An experienced agent like The Duncan Duo team can help prepare you for the process.

You need 20% down payment to buy a home
You DO NOT need 20% down payment to buy a home. In fact, you can buy a home with no money down depending on the type of loan product and the location of the property. There are also loan products that offer 3% down or 5%. You can buy a home with a lot less than 20% down as most people believe.

Spring is the best time to sell a home
A lot of people think that Spring is the best time to sell because of the ramp up during the summer but it really depends on the area and the type of home you have. One of the arguments is that everybody wants to put their home on the market in Spring that you might just be one of the people at the dance. Another factor is the location. For some neighborhoods like Sarasota and Bradenton that targets the snowbirds in the wintertime, Spring would not be the best time to put the home on the market.

To get more Tampa Bay Real Estate news and advice from Tampa Bay's #1 Realtor, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sunday at 10 am.