Owning Real Tea

Real Estate Myths Debunked - Part 1

Lindsay West, Tomekia Bullock-Carter, Tristain O'donell

In this episode, we dive deep into the world of real estate to debunk some common myths that might be holding you back from making informed decisions. Join us as we challenge three prevalent misconceptions: 

1. "You need 20% as a down payment to purchase a house": Many people believe that a hefty 20% down payment is necessary to buy a house. We'll explore alternative options and shed light on how you can navigate the world of down payments more effectively.

2. "Pricing your house higher than its worth leaves room for negotiation": Contrary to popular belief, setting an unrealistic high price for your house may not always work in your favor. We'll explain why it's important to accurately price your property to attract serious buyers and maximize your chances of a successful sale.

3. "Open-Houses are essential to selling your house": Open-Houses have long been considered a staple in the real estate industry. However, we'll challenge this notion and discuss alternative strategies that can be equally effective, if not more, in today's digital age.

Tune in to this episode as we debunk these real estate myths and provide you with valuable insights to help you make smarter decisions in the housing market. Don't miss out on part 1 of debunking these common misconceptions that might be holding you back from reaching your real estate goals.