6 Common Real Estate Misconceptions

Although the internet can be a helpful resource, it is also full of misinformation and sound bites that lack context. When it comes to our industry, there are many misconceptions about real estate, so we thought it would be helpful to address six common ones.
1. Renting is cheaper than homeownership
If you frequently relocate, it may be more cost-effective to rent than to buy a home. However, if you want to put down roots, homeownership can be beneficial. Investing in real estate is often a positive financial move to make, with appreciation typically occurring over a five- to nine-year period. While you don’t have the flexibility you have with renting, you are building equity, accumulating wealth over time. You’re investing in your future versus living in the present. Granted, there are other factors to consider, like the local housing market, your financial situation, and your personal and professional goals. But, overall, homeownership can be quite advantageous.
2. As a first-time homebuyer, you need to have a 20% down payment
Many first-time homebuyers think that they need to have a sizable nest egg in the form of a 20% down payment to even consider buying a house. But 20% isn’t mandatory across the board. In fact, conventional loans can require as little as 3% down for qualified borrowers. Additionally, there are zero down payment loans such as the VA loan for those who qualify. It is, however, important to keep in mind that the larger your down payment, the less you will need to borrow. If you borrow less, you lower your monthly mortgage payment, and that means less interest paid over the life of the loan.
3. Selling a home FSBO (For Sale By Owner) will save you money
If you’re considering selling your property, you may think selling it yourself will ensure that you save money. Sure, you won’t have to pay a real estate agent’s commission fees, but there are many risks to consider. In some FSBO cases, the home isn’t properly priced and the owners miss out on potential buyers, increasing how long the property is on the market. In other cases, the home is undervalued and the owners lose the money they could’ve made on it by selling it for too little.
A great deal goes into effectively preparing a home and strategically marketing it. A highly-rated, local seller’s agent can conduct a free Comparative Market Analysis (CMA), discussing it’s current value, how it compares to similar homes, and developing a comprehensive approach with next steps. A great agent knows which updates will benefit your home before putting it on the market, how to properly prepare it, and the advantages of partially or fully staging it. They will ensure that it’s expertly advertised with professional photography, a brokers’ tour, and print and digital marketing campaigns. Furthermore, FSBO listings are not found on the MLS so you’re really limiting your pool of potential buyers.
Selling a home yourself also comes with the risk of legal issues. Negotiations and a variety of legal forms are also part of this complex process. You want a knowledgeable advocate in your corner. Your home deserves to be sold with a professional’s expertise, and your wallet will thank you. In fact, FSBO homes usually sell for less. According to the annual survey conducted by the National Association of Realtors in 2024, “FSBO homes sold at a median of $380,000 in 2023, still far lower than the median selling price of all homes, which was $435,000.”
4. All real estate agents are the same and simply deal with paperwork
While these transactions do require a lot of paperwork, a good real estate agent does so much more. Whether you’re buying or selling, you want someone who knows the local market and the nuances of different neighborhoods. A well-connected agent has access to a wide range of listings, can compile comparative data, and is connected to the local community. They also have excellent resources and local vendors, and will project manage the entire process as your guide. Because real estate is so tied in with big life changes, many agents serve as a trusted confidant, and help in various ways from renegotiating after an inspection (more on that below) to helping with lenders, repair workers, and movers. Many bend over backwards when it comes to preparing the home for sale or finding their clients that dream home that will be the perfect fit. Whether you’re wanting to buy or sell, our highly rated Windermere Poulsbo agents are ready to assist. We say we’re “all in, for you” and we truly mean it.
5. Home inspections aren’t necessary
Home inspections are valuable for both homebuyers and sellers. If you’re selling your home, a pre-listing inspection can prevent any surprises from popping up when the home goes on the market. If you’re a buyer, a pre-listing inspection can give you peace of mind, identifying any maintenance issues that need to be completed right away. It creates transparency and builds trust between both parties. Also, it can help the real estate agent properly price the home if you don’t want to do an expensive repair before listing it. If you’re the buyer, and the seller had a pre-listing inspection done, you can accept that one or have your own done. This inspection can also be used in negotiations with the seller to ensure your needs are met and any concerns are addressed.
6. Fixer-upper homes are always a great investment
Some buyers think that fixer-upper homes are easy to spruce up with a few cosmetic improvements. But there is quite a range when it comes to fixer-uppers. If you haven’t seen the old Tom Hanks movie “Money Pit”, we suggest checking it out. Some of these homes have serious structural issues. Others may not be a sound investment based on the scope of repairs, the location, the local market, and/or your financial situation. For example, a fixer-upper may need all new flooring, new siding, and a new roof while another might only need minor roof repairs, a fresh coat of paint, new lighting fixtures, and some landscaping.
If you are looking for a fixer-upper needing a smaller-scale renovation, avoid homes for sale that would require re-roofing, replacing HVAC systems, and full-scale room remodels. While fixer-uppers are enticing to handy individuals or people who know great, local contractors, there are always different possible outcomes to consider. Projects may run long and over budget. The costs of supplies may increase and the market may change once the house is ready to move into or to rent as an investment property. We suggest talking to your homeowner’s insurance beforehand to understand what’s covered and what isn’t. Yes, fixer-uppers have a lot of potential, but you want to ensure you’ll get that return on your investment.
New Agent Spotlight: Linda Hilton

With decades of experience serving homebuyers and sellers, Linda Hilton possesses a wealth of knowledge. We’re so glad she returned to our Windermere team. Linda has fascinating stories about everything from real estate transactions to her experiences abroad. Learn more about her in our Q&A below.
What drew you to real estate?
Originally, it was the flexibility of the hours; I had a small child and wanted to be there for him. Before real estate, I was in the restaurant business. Now I love troubleshooting issues that come up, seeing the look of happiness when a buyer client sees their dream house in person, but especially visiting with clients from 20 years ago who STILL own their house and love it after all these years.
What unique skills do you possess that enhance your abilities as a realtor?
I’m well-traveled, and I’ve lived in many different environments. I understand different cultures, ideas, and ways of communicating.
What personality traits do you think are important in this profession?
Listening, patience, and a sense of humor.
Which areas do you serve?
Kitsap and Jefferson Counties, what’s not to love?! I love the water, the mountains, and the trees.
How long have you lived here, and what brought you here?
I’m on my 12th year. We moved from Alaska to be closer to family.
What made you decide to work with Windermere?
I like Windermere’s philosophy. People and clients come first.
Is there anything else you’d like to share with us?
Honestly, I just love real estate. Putting deals together, helping people achieve their goals. I retired 3.5 years ago, and I found myself talking to everyone about real estate, so I’m back!
Thank you, Linda! If you want to learn more about Linda Hilton, visit her website or check out her Facebook page.
New Agent Spotlight: Marisa Robba

A sincere advocate with a wealth of knowledge, Managing Broker/Realtor Marisa Robba is a wonderful recent addition to our Windermere Poulsbo office. She’s been helping buyers and sellers achieve their real estate goals for seven years and possesses a unique skill set and a sincere love for Kitsap County. Read our Q&A to learn more.
What drew you to real estate?
I have been involved in real estate since my early twenties, from purchasing my first condo to investing in rental properties. I am genuinely curious about the future of land and resources and the aesthetics of various properties and structures.
I have found that switching careers from teaching middle school to being a real estate agent has a lot of cross-over.
My natural tendency is to notice and convey details, set expectations, and build relationships. I listen and work hard to understand people and what they value. I have a long history of advocating for people’s best interests – children, parents, staff, and now, for the past 7 years, my clients!
What unique skills do you possess that enhance your abilities as a realtor?
Anticipating clients’ needs and trouble-shooting obstacles before they become problems are strengths of mine.
What personality traits do you think are important in this profession?
A calm, communicative demeanor with a whole heck of a lot of integrity can get you far in this business. Sprinkle a little grit in there too!
Which areas do you serve?
I live in Poulsbo now, after 13 years on Bainbridge Island. I will travel just about anywhere in the state if I feel I can benefit my clients. But generally, I work in Kitsap County.
How long have you lived here and what brought you here?
I’ve been up here for 15 years now. I came here for the Olympic Mountains, the waterways, the proximity to my folks, and the slower pace of life, and I have never looked back.
How are you involved in the community?
I am a strong believer in giving back to the community – whether through food bank donations, One Call For All gives, trail-building in many of our county parks, or through PTSA and school-related volunteering.
What made you decide to work with Windermere?
Over the past 7 years in real estate, I have had the best interactions with other Windermere agents! Their level of professionalism and dedication to their clients is second to none. Once I talked to the Designated Broker, I was 100% in.
Is there anything else you’d like to share with us?
There is a real estate agent out there for everyone. Nothing in this business is cookie-cutter. As home transactions are some of the biggest decisions one can make, be sure you have someone on your side that you are comfortable with and who will go to bat for you.
New Agent Spotlight: Will Storch

We’re excited to feature Will Storch, a newer agent who recently joined Windermere Poulsbo. As a lifelong local, Will is passionate about community and serving clients’ individual needs. He works with buyers and sellers on Bainbridge Island and across Kitsap County. Will brings a range of skills and experiences to the table, allowing him to connect with a variety of people, sharing real estate expertise and insider tips. Read on to find out more.
What drew you to real estate?
What unique professional experiences enhance your abilities as a realtor?
What personality traits do you think are important in this profession?
Which areas do you serve and what do you love about them?
I am based in Kitsap County with a primary focus on Bainbridge Island, where I currently live and was raised. I have also lived in Seattle for a number of years and consider myself knowledgeable about the different areas of Seattle and understand the market conditions in King County. All the areas surrounding Seattle and Kitsap County offer amazing opportunities from outdoor activities to cultural opportunities, and great restaurants and schools. I personally love living on Bainbridge Island with access to great beaches, parks, trails, and restaurants.
Note: Check out Will’s new website where he shares a wealth of information about our local communities.
How long have you lived here?
How are you involved in the community?

Volunteering during our annual Community Service Day.
What made you decide to work with Windermere?
Is there anything else you’d like to share with us?
New Agent Spotlight: Rebecca Olodort

We’re excited to feature new agent Rebecca Olodort. She knows how important it is to be a good listener, a strong advocate, and a trusted guide. Rebecca offers a wealth of information and experience and her love of home design and helping people shines through. Read on to find out more.
What unique professional experiences or skills do you possess that enhance your abilities as a Realtor?
I am a detail-oriented, practical, strategic problem-solver who ran a 50M fashion business for many years. Critical to being able to do this was: listening to all involved parties.
What drew you to real estate?
A passion for helping people combined with a love of home design.
What personality traits do you think are important in this profession?
It is critical that a Realtor be trustworthy, determined and a good listener. The ability to see all sides of a situation gives me the unique opportunity to create a smooth and seamless real estate transaction.
Which areas do you serve and what do you love about those areas?
I serve King, Kitsap, Jefferson, and Clallam Counties. We have the best of all worlds in hiking, boating, and access to downtown Seattle via ferry. I love hiking the many local trails. There are really too many to mention but I highly recommend Fort Lawton Trail, Lake Crescent, and North Kitsap Heritage Park. Our favorite restaurants in North Kitsap are Kingston Ale House, Streamliner Diner, and Burrata Bistro. Another fun day for us is taking the ferry to Seattle, visiting one of the many museums (especially the Seattle Art Museum), and having a bite to eat and a lovely glass of wine at Purple Café.
How long have you lived here?
I was born in Kansas, raised in southern California, and I’ve been living in the Pacific Northwest for over 10 years. We were looking for an area with a small town feel and access to a major city with an international airport. We moved to Kingston in 2016 to design and build our forever home. Simply said, we have the best of all worlds.
How are you involved in the community?
I’m a White Horse Golf Community Board Member and their Design Review Chair. Also, I’m a volunteer for Meals on Wheels of Kitsap.
What made you decide to work with Windermere?
After working for major corporations such as Estée Lauder, Swarovski, and Fossil Group, it was an organic decision to work with the most professional and successful real estate brokerage in the Pacific Northwest.
Is there anything else you’d like to share with us?
I enjoy shopping at Central Market and the local Farmers Market to select ingredients for preparing healthy meals for my husband and 96-year-old mother. In 2019, we adopted our Maltipoo, Sadie, from the Kitsap Humane Society and she is a 10-pound bundle of joy!
We are so glad to have Rebecca Olodort as a new member of our Windermere team. She’s a sincere pleasure to work with and you can connect with her on Facebook and Instagram, or visit her website.
New Agent Spotlight: Angela Winks

We are proud to feature Angela Winks in our new Q&A spotlight series. With a diverse set of skills and experiences, Angela offers buyers and sellers a focused, personalized approach with an emphasis on clear communication, positivity, and a sincere appreciation for the areas and clients she serves. Read on to find out about Angela’s background, what she loves about real estate, and more.
What drew you to real estate?
What drew me to real estate was my passion for all things “home” and my deep desire to help others. I also have always had the desire to have and manage my own business. As a business owner, personal growth and a positive mindset are a vital part of every day and I absolutely love being in an industry that constantly requires me to learn and be more so that I can give more to my family, friends, clients, and community.
What unique professional experiences or skills do you possess that enhance your abilities as a Realtor?
My years of experience in the health and fitness field helped me sharpen my skills as a strong communicator and leader. As an ACSM Certified Personal Trainer and Director of a post-physical therapy exercise program, I had the opportunity to help clients and patients set and achieve their goals, not only safely and effectively, but in a welcoming and fun environment.
As a Realtor, I enjoy the same opportunities. Whether my clients need to sell or buy real estate, it’s important to have clear communication and a great plan. And, of course, it is always my pleasure to make the whole process as enjoyable as possible for my clients!
What personality traits do you think are important in this profession?
Realtors should possess exceptional interpersonal communication and relationship skills as well as the ability to stay open-minded, focused, organized, and creative.
Which areas do you serve and what do you love about those areas?
I happily serve Kitsap, Pierce, Mason, Jefferson, and King counties. I believe we are incredibly fortunate to live in this part of the country and Washington state. The natural beauty is astounding and the support for the communities and their wonderfully unique local businesses is second to none.
How long have you lived here?
I have lived in Kitsap County for 7 1/2 years. I came here after college because I had family scattered around the area and fell in love with the natural beauty.
What made you decide to work with Windermere?
I decided to work with Windermere because of their special focus on building and nurturing relationships as well as their strong presence in the community. This is a company that truly cares about people and that is extremely important to me! They also provide the latest technology and education for their agents so we can always keep adding tools to our real estate toolbelts and serving our clients at our highest level.
We are delighted that Angela Winks has joined us. We know she will be a sincere pleasure for buyers and sellers to work with here on the Kitsap Peninsula and in Pierce, Mason, Jefferson, and King County. You can connect with Angela through her website.