Myths & Common Misunderstandings
Common myths when searching for Lake Norman real estate. Have you been searching homes online, driving by property and found that perfect one! What do you do next? Surprise!
When searching for real estate in the lake area you need to review some common myths and misunderstandings that can cause home buyers to make mistakes. While some of the statements below may sound logical in actuality they are not.
Myth: It’s best to contact the listing agent because they’re already familiar with the property.
Sure, the agent on the yard sign knows the property, but that’s because they’ve been hired by the owners to help sell it. That’s what listing agents do. Their job is to represent sellers in property transactions, marketing properties to potential buyers and helping sellers earn as much as possible on the sale.
Does that sound like an agent who will be looking out for YOUR best interests? Buyers will be better served if they avoid the listing agent (anything you tell them may hurt your negotiating position) and select a buyer’s agent to arrange a showing – someone who will represent your interests in a transaction.
Myth: I’ll save money on commissions if I work with the seller’s agent.
Not true. Commissions paid to the buyer’s and seller’s agents are predetermined and written into the listing agreement; in most cases, if the listing agent brings a buyer to the table (because the buyer contacted them directly) that brokerage will earn both sides of the commission.
That means buyers don’t necessarily save anything by going directly to the listing agent. More importantly, when a buyer approaches the listing agent, they’ve potentially lost a vital opportunity to receive loyalty, confidentiality and other fiduciary duties that buyer’s agents owe their clients.
Myth: All real estate agents are basically the same, so I might as well contact this one.
Again, not true. As in all professions, some real estate agents deliver a higher standard of service than others. One way to make sure you’re working with a professional Realtor – an official membership into the National Association of REALTORS.
More Home Buying Tips
If you planning to buy real estate in the Lake Norman area, make sure you’re following these simple home search tips. Several common myths about who to call when you find a property you like, the advantages of pre-owned homes, learn about buying new homes and important property tax questions you should ask.
Find more information about the home buying process, how to find a Realtor, some property search tips, what happens from contract to closing and ask questions at home buyer help
Buyer Tip Videos
Visit my YouTube Channel’s “Home Buying Tips” playlists. There are many helpful home buying videos to watch.
Lake Living
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Lake Towns
Compare the following lake towns and counties on the lake if you are planning on home buying or selling:
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View Lake Norman waterfront homes, properties for sale link showcase or find a property around the lake now.
News in Real Estate
Stay up-to-date on real estate news and home sales trends. Also view the latest Keller Williams’ monthly real estate news video and what’s happening at KW.
Area Useful Links
View Lake Norman links for more information about the entire Charlotte region.
If you are planning to visit or purchase listings in the lake area, the visitors guide will be helpful as well as the transportation guide.
You’ll find family fun; attractions & entertainment, cultural guide, event information, parks & recreation and clubs & organizations. For the latest on local sports from professional to t-ball visit the sports information and golf guide. For those of you that think shopping is a sport, visit the shopping guide. Because you care about your family find medical information and school information.
For additional business information you’ll want to look at NC information and political information. As a result, you can keep up with all the local events whether it’s for fun, business, local or national news on the media guide page.
About Robin
Robin is a licensed as NC real estate agent. Robin works in the lake real estate market towns of Cornelius, Huntersville, Mooresville, Denver NC, Davidson and Charlotte NC. She will educate you and ensure you are taking advantage of the best market opportunities. Robin will also help you set realistic expectations. Furthermore, she will walk with you through the entire process. Home buyers can trust Robin to help them find a property of their dreams. Home sellers will receive unparalleled exposure to their listings. She will assist her clients in negotiating the best possible price. She will also do her part in keeping your transaction running smoothly! Ask her any general question about real estate in NC and around Lake Norman.
Learn more about Robin, view Robin’s Listings, Virtual Tours, Tour Factory Virtual Tours and Open Houses. Finally, see her Sold Listings.
Thank You for Visiting Common Myths When Home Buying
Common myths when home buying, surprise! Matching homes with lifestyles is the basis for Robin’s real estate business. Most of all, contact Robin if you have any general questions.