Saturday, November 24, 2012

Buyer Beware; Don't Buy on Emotion | Prudential Town and Country ...

There is a saying often used in the real estate industry to refer to buyers, it says buyers are liars. That is in fact not case. The perception comes from the fact that buyers often buy on emotion rather than their needs. Buying on emotions often leaves buyers passing over a potential good deal or fit and instead overpaying for their dream home.

Here are some common buyer errors and how to avoid making them.

1: Not using the right agent

Choose an agent that works in the local market and never go it alone. An agent has the skills to negotiate the best deal for one of the biggest purchases of your life. A local agent has the lay of land and knows the area well and will be able to find you the right fit.

2: There usually isn?t a better deal

When buyers keep waiting for a better deal they often miss out. When you find a house that fits your needs go for it. Don?t wait because there is no guarantee that a better deal will come on the market.

3: Overpaying for cosmetics

Look at the structure and the function of the home. Paint colors or d?cor don?t matter in how much the house is ultimately worth. Often buyers will pay for cosmetics and staging in a home and ignore a better deal that isn?t perfectly decorated or match their taste.

4: Not negotiating realistically

Who doesn?t want to get the lowest possible price when buying a home? Buyers need to understand there is a big difference between negotiating and lowballing. If a buyer truly wants a chance at a sale it is best to make a fair offer. Lowball offers often immediately get rejected or cause the seller to become agitated which often ends negotiations. Buyers must understand a lowball offer comes with a risk of losing the property.

Source: http://www.prudentialtnc.com/blog/buyer-beware-dont-buy-on-emotion

super pac dre kirkpatrick mls superdraft school cancellations bald barbie peoples choice awards deplorable

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.