2021 Real Estate Myth Busters [INFOGRAPHIC]

April 1, 2021

There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.


2021 Real Estate Myth Buster | Maine Real Estate Blog | Fontaine Family - The Real Estate Leader | Auburn, Scarborough, Maine


MYTH #1: 

It's better to get pre-approved after you find the home of your dreams. REALITY: You should get pre-approved before you start your home search, so you know your budget and can act quickly when your ready to make an offer.

MYTH #2: 

Always start with your lowest offer. REALITY: In a competitive market like we have today, you may not get a second chance.

MYTH #3: 

It's better to price you home on the high side when your selling. REALITY: A house that's priced competitively will likely sell faster and attract more offers.

MYTH #4: 

Renovating your house will definitely net more money when you sell. REALITY: Some renovations may be necessary, but not all of them. Your trusted agent can advise you on what's important to fix before you sell, and what's not.

MYTH #5: 

It's safe to skip the home inspection if the home looks good. REALITY: You shouldn't skip the inspection. It could uncover hidden problems that might cost you down the line.


Some Highlights

  • There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
  • Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.
  • Let’s connect to discuss your needs and so you can decipher facts from fiction in our local market.




Fontaine Family – The Real Estate Leader is a highly skilled real estate team of licensed professionals dedicated to focusing on the client. Fontaine was awarded 2019 Maine Family Business of the Year, voted Best Real Estate Company in the Greater Lewiston/Auburn Area and Greater Portland Area, recognized by Real Trends as a 2019 America’s Top 250 Real Estate Team and published in the Wall Street Journal in the Top 250 Real Estate Professionals ranking in the top ½ of 1% of Realtors outperforming 99.9% of the nation’s Realtors.

The Fontaine Family Team serves 8 counties – Androscoggin, Cumberland, York, Sagadahoc, Oxford, Kennebec, Franklin and Somerset – in two locations, 336 Center Street in Auburn and 432 US Route One in Scarborough. For more information visit BrendaFontaine.com or call (207)784-3800 or (207)289-3830.