Special offer

I know EXACTLY what I want...

I recently had a client who had a long list of "MUST HAVES".  Now as it goes; the more "must haves" in a home; the fewer choices there are out in the marketplace.

This client stuck by their guns and while price and neighborhood were on the "must have" list; they became a bit flexible. However many of the things did not.

Well in today's market there are many choices; even in the Metro DC area; where prices are steady (ever so slightly rising) and inventory isn't huge.  Of course the farther out you go from the city; the more choices; but this client wanted "city living"; so the burbs was not an option.

What we ended up with was a very short list of places to choose from in Washington DC and Arlington.  When your "must haves" are huge; your options are limited - but the good thing is; why waste days looking at things if you really want a gas stove? or must have that parking space or room for Fido?

Often I see buyers who are overly flexible on what they want in a home.  While this gives them lots of options; it is also mind-boggeling for them as they weigh so many choices of homes. It gives them a headache.

By knowing your "MUST HAVEs" - you can limit some of those headaches and manage your time and energy.  Did the client find a great place?  Sure did - and it had everything they wanted.

 

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Contact James Downing of the MetroDCHouses Team, if you are selling, buying or have questions!

Office: 202-469-6778   Cell: 703.244.3971

Licensed in Washington DC, Virginia & Maryland.

Real Living | At Home
11 Dupont Circle #650 | Washington D.C. | 20036 | 202-518-8781

4600 N. Park Ave #100 | Chevy Chase MD | 20815 | 301-652-0643

3033 Wilson Blvd #700  | Arlington VA | 22201 | 703-390-9460

Comments (10)

Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Hi James: I should write a blog on a list a buyer gave me last week..In fact, I will! The house hasn't been built yet I do not think!  Ha.  Best, Gay

Nov 14, 2010 11:49 PM
James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes
Real Living | At Home - Washington, DC
When Looking to Buy or Sell - Make the Right Move

Well Gay; that can often happen... I should add their "Must Haves" must be realistic....

Nov 14, 2010 11:49 PM
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS

I would much rather work with the specific-driven buyer than the overall "general" buyer! Thanks for the post!

Nov 14, 2010 11:50 PM
Dawn Crawley
Dawn Crawley Realty - Pinehurst, NC
Find Pinehurst Homes

I often get the opposite. Buyers give me a price range and size, which give me several hundred homes to weed through. And then after spending the time weeding through all the homes, they'll then say "We don't want a two story, or we don't want an older home". I guess it is the other end of the spectrum.

Nov 14, 2010 11:52 PM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I am sure you have worked with buyers that have "must haves" that are approved for a lower amount. Then, reality starts setting in on the second time out. This has been my experience.

Nov 14, 2010 11:59 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning James,

A buyer who knows what they want (realistic goals) are often the easiest to work with. They are capable of making a decision as they are definite in their wants, needs and desires!

Nov 15, 2010 12:03 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

James.. Choices may be limited ;but when they find what they want it is wonderful !

HelpfulHannah

Nov 15, 2010 07:28 AM
Lindsey Hasford
Edina Realty - Elk River, MN
Bringing you home...

This is true. :) Knowing what you want might slight the choices, but at least they are specific and hopefully find just what they are looking for!

Nov 15, 2010 08:21 AM
Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

Hi James:

Great post...

This is so true...

The more homes they go through, the more flexibility they tend to have.

Nov 15, 2010 02:35 PM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

James - I see that down here too, the long list of what they HAVE TO HAVE and then they wonder why the list is so small. The best ones are those who want 4 bedrooms, 2500 sq ft and a price under 200k. All I can ask is: what are YOU smoking?

Nov 16, 2010 01:51 AM