With Valentine’s around the corner, we couldn’t help but think about how buying a home is a lot like dating and finding the love of your life.
When many people start out looking for a home, they look online checking out listings, and may start visiting open houses. (the bar, lavalife) They might meet an agent who offers to set them up on a search and they are now being fed listings almost every day via email. (eharmony?)
The next thing you know, they find a few that they just HAVE to see. The perfect open concept layout, the exposed brick wall, the cute chalkboard in the mudroom, not to mention that amazing bath tub. (great photo, perfect profile, loves dogs)
They check out the homes, falling in love with that perfect one and the next thing you know they find out offers are being held in a few days. They put in an offer and don’t stop until they win. (one day breakfast, the next thing you know they’re moving in!)
What just happened?
They probably compromised big time on something that was truly important to them, or on something they didn’t even realize would be important until five years from now. (mr. right now, not mr. right)
They also may have overpaid or paid more that their budget allowed. And they probably overlooked a lot of things that could have destroyed their perception of that perfect home. (they’ll change)
We spend a lot of time telling our buyers not to buy a home. Sounds counter-productive for a real estate agent, right?
Maybe so, but if you’re in this business for the long-haul, you take care of your clients and sometimes that means steering them away from a potential buy. (the good friend who doesn’t let you fall for the player)
Here’s how we think this scenario should play out, and why our clients get to enjoy a GREAT decision, not their first one.
Most of our clients come to us by referral or by knowing us around the community but however we meet, we spend our first time together talking about what they are trying to achieve long term. (think lunch date to see what you having in common)
We then start looking at homes that fit their goals and needs – i.e. school district, walkability, renovation or move-in ready? (a friend making a connection to someone they know well)
And before we go into an offer, we decide what our walk-away number is (knowing what you won’t compromise in a relationship).
We also do our homework and help our client know exactly what they are getting into through our own knowledge of the home and history as well as a home inspection (meet the friends and the family)
When they’ve gone through all that and they still love the home, and can buy it at a price that supports their goals rather than compromise them, then we say go for it (you have our blessing to propose!)
When you’re shopping for a home, make sure you know it’s true love and not lust…and make sure a good friend (your agent) is there to watch over you.