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Does Decision Time Find You Out on a Limb?

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When decision time rolls around and there are several homes, if you're a buyer, or agents, if you're a seller, at the top of your this-could-be-the-one list, how do you select the one?  After all, you will list with only one agent and only purchase one house.

I find most sellers and buyers find it relatively easy to eliminate the non-contenders, but usually it comes down to 2-4 serious possibilities.  They all have strong reasons for being on the list.  When I was a buyer or a seller I used the process of elimination to arrive at the ready to sign on the dotted line decision.  I devised a simple point system with location at the top of the list.  It was a 3-pointer.  

The location factor should never be downplayed.  For me, it included commute time to work, school and shopping along with neighborhood amenities.  The perfect home in the wrong neighborhood, or 10 miles from the nearest grocery store, loses much of its perfection.  Once I determined the location boundaries I moved on to price another 3-pointer.

Price range helps narrow the available choices.  I once fell in love with a home well beyond my price range.  Perhaps the agent was testing to see whether the price given was flexible, but it was a setback in my decision-making process to see a home that was beyond my reach.  Later, I realized she was using a Property Brothers tactic of showing me what I wanted and what it would cost.  Yes, I later settled for a fixer in the location and neighborhood desired.

View and condition each earned two points, and perks such as pool, tennis courts, parks all scored one point.  I still believe a house must make a connection with the buyer and an agent must click with a seller, but using a scoreboard certainly makes the decision-making process a tad less emotional.

My method of selecting an agent was similar.  I always chose the agent I felt I would be able to communicate with and trust when it came to real estate advice.  I usually knew within the first few minutes if this was the agent I wanted to establish a close working relationship with for the next 30-60 days.  Some may have had more experience, but I wanted someone I could call with questions and would also provide professional service and accurate information.

The process of elimination worked well and served my purpose of finding the best match for my real estates needs during my many long distance and local moves.  It might work for you as well.  Mistakes can be costly and being out on a limb delays a move forward.

- Norma (310) 493-8333

Sell Smart, Buy Wise and Live Well

Norma Toering - Real Estate BrokerNorma Toering & Team
Broker-Owner - Charlemagne International Properties
(310) 493-8333 - Email Norma

 

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Based on information from the Association of REALTORS®/Multiple Listing as of the initial date of this article/blog publication and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

4 commentsNorma Toering • August 20 2014 10:09AM
Does Decision Time Find You Out on a Limb?
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