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If you’re considering selling your property, you’ve probably heard all sorts of things from your friends, family and co-workers. Some may be true. Others are definitely not.

Before you get too worried, take note of these common real estate myths.

Myth #1: You need to spend money to make money.

We’ve all seen it, and many of us have done it. We want to get the best price for our property, so we start doing all the things we always dreamed of doing… renovating the kitchen, updating the bathroom, etc. Some improvements can make your property more attractive and may boost the asking price a bit, but that doesn’t mean you’ll make back the money you’ve spent. Plus major renovations almost always cost more than expected, so stick to small improvements like a fresh coat of paint or some new fixtures. Leave the major renovations — and the potential headache — to the new owners.

Myth #2: You need to wait for the right season to sell your property.

Brick and wood house in Mammoth Lakes with several feet of snow on its roof in the winter

Photo by Josh Wray for Visit Mammoth

You’ve probably heard that it’s easier or you’ll make more money if you sell your Mammoth Lakes home in a certain season. I’ve been helping buyers and sellers in Mammoth Lakes since 2011, and I’ve seen that there is no “selling season.” We’re a year-round resort that draws buyers in all the seasons. Don’t wait around — get your property on the market as soon as you want to sell it.

Myth #3: Pass on the first offer and wait for something better.

Monthly calendar

When your first offer comes in, especially if it’s below the asking price, many sellers pass in hopes of getting a better offer later. If your property stays on the market for a month or two, buyers will be wary, especially since properties move so fast in Mammoth Lakes. Take every offer seriously, and don’t assume a better offer will come the longer you wait.

Myth #4: You can move your home with an open house.

An open house sounds like a dream solution, right? Buyers will flood in the door eager to see and then buy your property. Unfortunately that’s not the reality I usually see. Open houses attract window shoppers who may already own a similar property or be dreaming of a someday-purchase. With one-on-one sales, your real estate agent can weed out anyone without a pre-approval letter. Don’t waste your time trying to sell to someone who can’t get a mortgage. One-on-one sales also give more time for the agent to share what’s great about your property with the potential buyer.

Learn more in my Ultimate Home Seller’s Guide. If you’d like to talk, call me at (760) 914-4664.

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Beautiful sunset tonight.

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Sonja was very knowledgeable and competent in selling our house in Mammoth. She is very personable and answered all of our numerous questions with courtesy, humor, and patience. Despite a greatly slowed real estate market, she sold our house in a reasonable time frame. - Stuart F.

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#nofilter Sunday evening neighborhood stroll. ❤️reflections, water, blue skies and fluffy clouds ☁️ #lovewherewelive ...

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If you have a light fixture you want to keep and take with you to your next home, take it down and replace it before you put your house on the market. You can also leave it up and "exclude" it from the sale within your listing, but it can cause issues if a buyer sees it and wants it. Avoid problems by removing it ahead of time.

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Beautiful day at the village. I love the clouds and like to look for shapes or object -- what do you see?

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Amazing two-bedroom condo next door to Canyon Lodge! Ski all season long in this cozy mountain home!

Properties Link Below:
https://www.destinationmammoth.com/properties/

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Hope everyone is having an amazing time at the Mammoth Trail Fest! If you haven't already make sure to check out this awesome event the rest of the weekend!

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Beautifully updated two-bedroom slope side condo just listed for sale. Check it out!

Link in Bio...

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What does “Months of Supply” tell us about the market?

To break it down simply:

📊Balanced Market = 6 to 7 months of supply
There are a relatively even number of buyers and sellers.

📈Seller’s Market = Fewer than 6 months of supply
There are more buyers than homes for sale, thus sellers hold the upper hand.

📉 Buyer’s Market = More than 7 months of supply
There are more homes for sale than willing and able buyers, thus buyers have more negotiating power.

Have a question about current market trends? Reach out at any time! We’re here to help you decode the lingo and make the most of today’s market 👨‍💻

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SNEAK PEAK! This two-bedroom condo next door to Canyon Lodge will be listed for sale in the next 24 hours!

Check out an early video tour now on our YouTube!

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I love working with awesome realtors like Heidi Vetter! How thoughtful is this?!” @vetter_heidi ...

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If your agent isn't available, don't call a random agent to show you a house you're interested in seeing if you plan on having your agent write an offer if you like the house. Agents don't get paid for simply showing houses, so it's inconsiderate to ask an agent to show you a house they have no chance of selling to you.

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The Mountain & Adventure Film Festival is entering its 9th year, this 3 day, free festival celebrates the best adventure films and athletes of the year. Films are shared nightly, outdoors, in the Mammoth Mountaineering Supply parking lot. Runs Thursday September 22nd - the 24th!

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What is your favorite season in Mammoth Lakes? #destinationmammoth #visitmammoth ...

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The Destination Real Estate team will definitely volunteer for the cause.

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You know, I hear there are a lot of trees in Mammoth Lakes... hmmmm...

In a study published in July 2015, a team of psychologists concluded that "having 10 more trees in a city block, on average, improves health perception in ways comparable to an increase in annual personal income of $10,000 and being 7 years younger."

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