Found 54 blog entries tagged as Selling Myths.

Selling your home in 2025? Consider these 10 budget-friendly home improvements that can increase your home's value significantly. Discover easy and affordable upgrades that make your property irresistible to buyers, without breaking the bank!

Introduction

The real estate market is constantly evolving, but one thing remains true: first impressions matter. If you're planning to sell your home in 2025, a little upfront investment can result in a higher sale price. Imagine spending just $500 and seeing a $5,000 boost in your property’s perceived value! It’s possible with the right home improvements that buyers love.

In this guide, we’ll cover 10 affordable home upgrades that can dramatically enhance your home's appeal. From painting and lighting to…

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Selling a home in Chicagoland can be as complex as the weather itself. Between fluctuating seasons and shifting buyer demand, timing plays a pivotal role in how quickly—and how lucratively—your home sells. So, which day of the week should you choose to list your home? And when is the best time of year to capture the highest offers? The answers may surprise you.

Alright, Chicagoland homeowners, let’s kick things off with a challenge. Can you guess which day of the week is prime time for listing your home in the western suburbs? If your instinct is telling you Saturday or Sunday, you might want to think again. Believe it or not, a little tweak in your listing strategy can make a significant difference, with faster sales and higher profits.

Ready to…

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When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you?

In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains:

“Listings are up a bit as life events and job changes are putting increasing pressure on locked-in homeowners to sell their homes. Homeowners may also be slowly coming to the realization that mortgage rates aren’t going back anywhere near the rate on their existing mortgage.”

A recent study from Bank of America sheds…

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As the realm of real estate continuously evolves, it's vital to stay informed, especially if you're on the cusp of buying or selling a home. Today's focus is on clarifying the haze surrounding the recent National Association of Realtors settlement in the Sitzer Burnett case. With a plethora of misinformation floating around, we're here to set the record straight.

Debunking Myths About Realtor Fees

A prevalent rumor claims that this settlement will compel brokers to slash their fees. It's essential to bust this myth: the settlement does not regulate what Realtors can charge or the services they provide. The beauty of real estate transactions has always been in the negotiation - the fees you agree upon with your agent remain as flexible as…

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If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s…

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Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner.

A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14-20:

“Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the week of April 14–20 is the best time to sell—that is, if sellers want to see lots of interest in their homes, sell quickly, and pocket some extra cash, according to Realtor.com® data.”

Here’s why this matters for…

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Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy.

So, what does that mean for you? To keep it simple, it means it’s still a seller’s market. Here’s how it works:

  • A neutral market is when supply and demand is balanced. Basically, there are enough homes to meet buyer demand based on the current sales pace, and home prices hold fairly steady.
  • A buyer’s market is when there are more homes for sale than there are buyers. When that happens, buyers have more negotiation power because sellers are willing to make compromises to close the deal. In…

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If you’re gearing up to sell your house this spring, one of the early conversations you’ll have with your agent is about how much access you want to give buyers. And you may not realize just how important it is to make your house easy to tour.

Spring is the peak homebuying season, so opening up your house to as many showings as possible can really help you capitalize on all the extra buyer activity we see at this time of year.

Since buyer competition ramps up in the spring, buyers are going to want to move fast to see your house once they find your listing. And, if they see it and fall in love with it at a time they know they’re competing with other buyers, you may be more likely to get the offer you’re looking for on your home.

It’s…

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Are you considering selling your home in St Charles, IL? If so, you may be wondering whether or not you should enlist the help of a realtor. While some people may think they can handle the selling process on their own, there are numerous benefits to using a real estate agent that can make the experience smoother and more profitable for you.

One of the main advantages of using a realtor when selling your home in St Charles, IL is their knowledge of the local market. Realtors are experts in their area and can provide valuable insight into current housing trends, pricing, and market conditions. This knowledge can help you price your home correctly and attract the right buyers.

Another benefit of using a realtor is their expertise in marketing…

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No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about.

Moving is no exception. You need insights from the pros to help you feel confident in your decision. Freddie Mac explains it like this:

“As you set out to find the right home for your family, be sure to select experienced, trusted professionals who will help you make informed decisions and avoid pitfalls.”

And while perfect advice isn’t possible – not even from the experts, what you can get is the very best advice out there.

The Power of Expert Advice

For example, let’s say you need an attorney. You start off…

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