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Even in This Market Buyers May Need to Compromise

Reblogger Victor Zuniga
Real Estate Agent with Berkshire Hathaway Home Services California Properties CA DRE#01874007

Christine makes a great point about buyers having to potentially compromise depending on your local market of course. For example here in San Diego, CA. inventory is a bit low and homes in popular areas a re receiving multiple offers especially the regular sales that are priced well. This is why people should consult a REALTOR familiar with the area to get the best information, advice and service.

Original content by Christine Smith MA Broker Lic 148149

Even in this market, buyers may need to compromise. Most buyers come to me or any other agent with their wish list. This list usually has many items on it, maybe a particular community, square footage, number of bedrooms, number of bathrooms, proximity to highways or transportation, type of house, amenities. Some buyers have shorter lists and others have longer ones, but there are usually several items on the list. The difficult part comes in when the available inventory have some but not all of the items on the list. At that point, buyers just might need to compromise.

So, it is helpful to decide up front, which of the items on the list are the "must haves" and which are the "would like to haves". Maybe the school district is the most important but you would give up proximity to public transportation in order to get that? Or, maybe for the quiet street, you may be willing to give up the square footage, thinking that down the line you could add on an additio to the house? More than likely price just might make you give up some of the other ideas on the list.

It's best for buyers to go in with an open mind rather than holding on to the idea that you will get absolutely everything on the list. Doing so will make the home search process more enjoyable and less stressful for you.

It is really a great time to buy but that still is not a guarantee that you will be able to find everything you want in your price range.

Are you looking to buy a home in Canton Massachusetts or the surrounding communities?

I am an exclusive buyer agent and lawyer.  I can assist you with all aspects of the home buying process from home search all the way through closing.

 

Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Thanks for the re-blog Victor!

Oct 04, 2010 09:27 AM