It's the biggest investment we are ever likely to make, yet too often buying and selling a home comes with a bunch of misconceptions about making the most of that investment.

Len T. Wong, broker/owner of RE/MAX Len T. Wong and Associates, chalks these misconceptions up to a lack of information, rather than any fundamental misunderstandings about the buying and selling process. Providing that education to the client, he says, is the role of an experienced REALTOR®.

Here are the top five buying and selling misconceptions Wong has seen throughout his 25-year real estate career:

Do your research before selling a second home

Owning an investment property can provide useful income, while having a recreational property can provide a great place to spend time with family and friends.

But if you are thinking it's time to sell, some careful research is in order.

"There's a lot to consider when selling your investment property or a vacation home," said Laura Parsons, the Calgary-area manager for mortgage specialists with BMO Financial Group. "Do your homework."

3D technology offers potential buyers round the clock viewing

Technology with its roots in video gaming is now making it increasingly easy to tour a home, or any other space, without leaving your couch.

Online home tours photographed with a 3D camera like the Matterport Pro are so close to being there, about the only thing you can't do is reach out and touch the walls. It's the maturing of technology that was first brought to the mass market in an Xbox game controller.

"Around 2010, 3D cameras were becoming available to detect gestures — the Microsoft Kinect being the best-known example," said Bill Brown, the CEO of Matterport, a Silicon Valley firm that specializes in immersive 3D media, including hardware, software and real-world uses for the technology.