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Friday, March 6, 2009

Real Estate Pitfalls and How to Avoid Them

• Not pricing your home correctly — Everyone wants top dollar for their home, but a home priced right will sell more quickly. A real estate professional knows the market and how much your home is really worth.

• Falling in love at first sight — You can’t tell if a home is the right fit by merely driving by. An agent will be able to tell you the advantages and disadvantages of purchasing a particular home.

• Not having an objective eye when selling — Your house is your home, and it’s filled with wonderful memories, making it hard to see objectively. Your agent is a dispassionate party who will see your home in ways you won’t.

• Looking for a home without pre-approval — Many homeowners won’t even talk to a buyer who isn’t pre-approved. A real estate expert can help you get started right.

• Letting emotions guide decisions — Whether you’re buying or selling, emotions can get the best of you, especially when it comes to negotiations. An agent is trained to keep it professional.

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