For just about every profession, it seems that there are a set of myths that simply refuse to go away. You probably know exactly what I’m talking about when you think of your own industry. In addition, as a Realtor with decades of experience, I’ve discovered that there are a few prevalent fictions that can truly affect your real estate experience. This is true whether you’re a buyer or a seller. Moreover, since your home is one of your greatest investments, I knew I had to give you the facts on each of these.
It’s almost impossible to time the market
While savvy investors and professionals make it their job to know their market, you can’t actually time it. In reality, you might be right about the general direction, but wrong about the amount of time it takes to get there. And in some cases, that could cost 10s of thousands of dollars. Instead, look to how buying or selling works toward your personal financial goals and pair up with a real estate professional that makes it their business to gauge the temperature of the market.
You don’t always have to go bigger to go better
As we’ve seen here in the past, the tiny house movement is proof that smaller can be quite stunning. Plus, what’s right in size for a growing family might not be right for a retiree. This is especially true for our area’s real estate. When buying or selling a home, consider what makes the most sense for you in the coming years.
Buying a home limits your lifestyle
Even though it’s true that you can’t always simply up and move when you own a home, there’s more to the story. In fact, many people report a sense of freedom after they’ve bought their first property. And when you think about it, it makes sense why that would be… within reason, they can make that home their own in any way they like. And if you’ve worked with a skilled real estate agent, you’ve also purchased a home that makes the most sense for your lifestyle choices.
The real estate market is only one market
If you’re a regular reader of my blog, you know that I love to share unique insights into Southwest Florida real estate. This is because every market has its own internal reasoning. Sure, there are general principles that apply, and we keep a very close watch on the national data as well. However, at the same time, Southwest Florida has year-round sunny whether… and snowbirds… and beaches as far as the eye can see. These factors can have profound effects on how long a property might be on the market as well as its final sell price. This is why it’s so vital to find a real estate agent that’s a premier agent in their area and knows it inside and out.
And whether it’s community events, the best local restaurants, or the direction of home values, I aim to know everything about SWFL. Interested in buying or selling a home here? Let’s talk!
Terry Records
Broker/Owner
Records Results Real Estate
Residential Sales and Property Management Service