I’m here to save you pain, buyers. There are myths about the home shopping experience that must be addressed. I like to make the home buying experience as stress-free as possible, so please hear me out on these three big myths about home buying:
Myth #1: “That house has been on the market so long I bet we can work the seller down easily.”
Not necessarily. A high number of days on market could mean almost anything. The seller could be bullheaded about their price. The seller may not be particularly motivated to sell for emotional or other personal reasons. Don’t forget: A sales-weary seller isn’t likely to respond to your host of rational reasons why their house should be a bargain.
Myth #2: “I want to look at foreclosed homes because they’re a real bargain and the banks need to unload them.”
Banks, like entrenched sellers, don’t always make decisions which seem rational based on obvious information. You can have a hard time figuring out the reason a bank chooses to reject an offer for a foreclosed or distressed property, and their decision may be based on financials which seem completely counterintuitive. The truth is, many distressed sales can be longer and more challenging than regular sales.
Myth #3: “I like this house a lot, but with this market, I bet it will still be there in a few days if I decide to buy it.”
It’s very, very painful to see a client love a home but fail to make a move to purchase that home. If you fell in love with it, why wouldn’t someone else? Just because a property has been on the market a little while doesn’t mean it will stay on the market. The bonus myth in this one? Your “perfect” home is probably going to be a home that comes with some small compromises. If you don’t make an offer on a home, you’re effectively saying, “I’m comfortable losing this home.”
My job as an agent is to represent your interests and do my best to protect you along the way. If you’re pursuing a home purchase, now or in the future, please get in touch. There are many other ways I can lower your stress and help you find a great home:
Welcome to the Fiorella Group @ RE/MAX Results. We’re thrilled that you’ve found us. Whether you’re looking to invest in a new home, planning to sell your current home, or simply have a question about real estate, our helpful and professional team is here to provide the information you’re looking for and guide you through each step in your buying or selling adventure.
It's summertime of 2014 and the real estate market is "back" by all ac
"Steve helped me find a gorgeous town home back in 2011 for a great price. I was very impressed and therefore contacted him again when I was ready to sell a few years later. Steve is professional, personable, and extremely knowledgeable. He also has a great sense of humor and is wonderful to work with. The entire team worked together to help me sell my home in 5 1/2 days for my asking price. Denise professionally staged the home beautifully and the photos were fantastic. Carla was extremely helpful and prompt at answering any questions I had and contacting me with updates. Steve, once again was awesome and helpful. I would highly recommend working with Fiorella Group; I could not have asked for a smoother experience!"