The 10 Dumbest Mistakes Smart People Make When Buying or Selling a Home – and How to Avoid Them



Prevented By

1.  Not knowing how much they can afford to pay for a house before they make an offer.

Get pre-qualified for a mortgage from a Lender, so you know in advance exactly how much you can afford.

2.  Not finding out in advance whom the real estate agent represents.


Asking your Realtor.  Most people think their agent is working for them.  But unless the agent is working as your buyer representative, he/she represents the seller.

3.  Not realizing that the wrong mortgage can cost thousands of dollars in unnecessary interest and taxes.


Consulting with a mortgage consultant, accountant, and/or financial planner before making a final decision on which mortgage to choose.  CPAs can tell you the long-term effects on your income.

4.  Not discovering hidden defects before buying a home.

Hiring a professional to conduct a pre-purchase home inspection.

5.  Not knowing how debt can affect their ability to buy or refinance a home.

Asking your mortgage professional to help you review and repair your credit file in advance.





Prevented By

6.  Setting their asking price too high because of personal need or emotion rather than fair market value.  

Consulting with a professional real estate agent.  He/she can assist you in pricing your home correctly.

7.  Failing to “showcase” their home by highlighting the best features.  

Thoroughly cleaning, repairing, and readying your home for showing before you put it on the market.

8.  Signing a listing contract with no way out.

Asking your real estate agent if you can cancel your listing agreement at any time, no questions asked, prior to signing the contract or agreement.

9.  Choosing an agent for the wrong reasons.  (For example, listing a home with the agent who works for the most popular company.)

Selecting a listing agent with the best marketing plan and track record.

10.  Not knowing their legal rights and obligations. 

Consulting a knowledgeable, trustworthy professional who understands the technical and legal aspects of a real estate transaction. Contracts are legally binding.   Neglected details can wind up costing sellers thousands of dollars.


This free report is courtesy of

Vish For Your Home

Your Friend in Real Estate

Vishal Kapoor

Sales Representative


CENTURY 21 Miller Real Estate Ltd.

TOP 5 Office in Canada

TOP 10 Firm in Canada

By Production for CENTURY 21 Canada 2014
Brokerage, Independently Owned and Operated
467 Speers Rd
Oakville, ON L6K 3S4
Direct: 905.330.8675 Office: 905.845.9180 ext 249 | Fax: 905.845.7674

Click Here to checkout My personalized Mobile App


There are no comments

Thank you! Your comment has been submitted and is awaiting approval.

Vishal Kapoor

Vishal Kapoor

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
Contact Me