Friday, June 21, 2013

Buying or selling a home is a stressful and emotional process.

Buying or selling a home is a stressful and emotional process. Buyers feel the disappointment when they're "outbid" for a house in a multiple offer situation. Sellers feel the pain when they don't sell their house right away. After all, it's the best house in the neighborhood!
The trick is to minimize the emotional part of the process. One of the hardest things for a seller to hear, either from their agent or others, is what's wrong with their house. I always use the same example. When I walk into my vet's office with one of my dogs and he says "Your dog is fat", the first thing I say is "No he isn't!". Well, chances are he is. The vet doesn't see him every day so he notices the difference. The same thing with a seller getting their house ready for the market. The small scratch in the hardwood that's been there is no big deal, you see it every day, but to a potential buyer, they'll notice it. Any needed repairs or improvements aren't evaluations of your house or you as homeowners. They are the necessary steps needed to try and maximize the price you get for your house. Replacing a solid brass and crystal chandelier worth $5,000 with a $200 fixture from Home Depot doesn't make much sense, but that's what today's buyers want, so you do it.
If a buyer gets to the point of writing an offer, they have invested in the property emotionally. When their offer isn't accepted, the feelings of rejection and disappointment are natural. Easier said than done, but you need to move on. Things truly happen for a reason, and we can't count the number of times a disappointed buyer ends up finding the "dream home" a week later. If it wasn't meant to be, it wasn't meant to be. Stay positive, the right one is out there.
One more potential emotional powder keg is the home inspection. Sellers get annoyed because someone is "criticizing" their house and their ability to care for it. Buyers get agitated because their "dream home" isn't perfect. Remember, all houses have flaws, even brand new ones. Keep things in perspective. Ask yourself if it's really important, and proceed accordingly.
The thing to remember, for buyers and sellers, is a house is four walls and a roof, and everything in between. You make it a home. The love and laughter of a home is what gives it value, and that doesn't convey. You get to keep that forever.


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