Whether Selling or Buying a Home it is an emotional experience, and is very personal to each home buyer or seller. Sellers whose homes sell quickly worry that they sold too low. Sellers whose homes take months to sell wonder if they'll ever sell. Buyers agonize over paying too much. Keep the following tips in mind for making the process as stressfree as possible.
1. Find a real estate agent who you connect with. Home Buying or Selling is not only a big financial commitment, but also an emotional one. It is critical that the REALTOR® you chose is both highly skilled and a good fit with your personality. A good agent will go out of his or her way to make the move easier for you. Make sure that your agent will communicate with you regularly, and will be available to consult with you on short notice. The unpredictability of the real estate experience can be unnerving. Your agent should review the buying and selling process with you so that you know what to expect.
2. Remember, there is no “right” time to buy, just as there’s no perfect time to sell. If you find a home now, don’t try to second-guess interest rates or the housing market by waiting longer — you risk losing out on the home of your dreams. The housing market usually doesn’t change fast enough to make that much difference in price, and a good home won’t stay on the market long.
3. Don’t ask for too many opinions. It’s natural to want reassurance for such a big decision, but too many different ideas from too many people may make it much harder to make a decision. Focus on the wants and needs of your immediate family — the people who will be living in the home.
4. Accept that no house is ever perfect. If it’s in the right location, the yard may be a bit smaller than you had hoped. The kitchen may be perfect, but the roof needs repair. Make a list of your top priorities and focus in on things that are most important to you. Let the minor ones go.
5. Don’t try to be a killer negotiator. Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or by refusing to budge on your offer may cost you the home you love. Remember that negotiation is give and take.
6. Remember your home doesn’t exist in a vacuum. Don’t get so caught up in the physical aspects of the house itself — room size, kitchen, etc. — that you forget about other important issues such as noise level, location to amenities, and other aspects that also have a big impact on your quality of life.
7. Plan ahead. Don’t wait until you’ve found a home and made an offer to get approved for a mortgage, investigate home insurance, and consider a schedule for moving. Presenting an offer contingent on a lot of unresolved issues will make your bid much less attractive to sellers. Factor in maintenance and repair costs in your post-home buying budget. Even if you buy a new home, there will be costs. Don’t leave yourself short.
8. Accept that a little Buyer’s or Seller's remorse is inevitable (and normal) and will soon pass. Buying a home, especially for the first time, is a big commitment, but it also yields big benefits. Don’t lose sight of why you wanted to buy a home and what made you fall in love with the property you purchased.
9. Choose a home first because you love it; then think about appreciation. A home’s most important role is to serve as a comfortable, safe place to live.
10. Moving always seems to come at an inconvenient time whether you are a Buyer or a Seller. Even if you feel pressed for time, don't eliminate stress-reducing activities like jogging or cycling from your schedule. Keep your regular routine; staying involved in your favorite hobbies and sports will add some semblance of order to your chaotic life, as well as provide needed relaxation.
My goal is to provide my clients with the very best service possible by taking the stress out of buying and selling real estate. I have been helping Buyers and Sellers buy and sell their homes in Long Beach, Seal Beach, Rossmoor, Lakewood, Signal Hill and surrounding areas for over 30 years and would love to help you now! You can reach me at (562) 857-4936 or by email at GwenKelly@Realtor.com
If you know anyone who is thinking of selling, or purchasing a home, please contact me. I guarantee a service that will far exceed expectations.
As always, have an awesome week!
Real Estate Broker, Realtor ®
Certified Real Estate Specialist
Phone: (562) 857-4936
Broadmoor Realty, Inc.
5500 E Atherton Street Suite 310
Long Beach, CA 90815
DRE # 00552325