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How to Deal With Buyers Remorse

By
Real Estate Agent with Re/Max Twin City Realty Inc, Kitchener-Waterloo ON
By Warren McNeil, Everybody has experienced buyers remorse at sometime or another but when you are buying a house it is a much bigger deal. You want to make sure that you are making the right decision. It is easy to feel regret when buy something. Especially when you feel that you might overpay for something or buy a lemon. When I have a buyer who has remorse after putting in an offer, my goal is to deal with the issue right away. I think reviewing the recent comparables is a really good start. Home inspections are also really good to help buyers learn about the condition of the house. Once you have all of the information, it is easier to overcome buyers remorse. Please take a look at the following video blog I did about how to deal with buyers remorse.

Comments (4)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Buyers Remorce is something that is a reality especially in a down market.

Nov 22, 2010 05:30 PM
Warren & Melanie McNeil
Re/Max Twin City Realty Inc, Kitchener-Waterloo ON - Kitchener, ON
Team McNeil
In a down market there is also sellers remorse as well.
Nov 23, 2010 03:29 AM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Warren and Melanie,

This occurs all the time, up markets and down markets but it's usually the same people.

Brian

Nov 23, 2010 03:40 AM
Warren & Melanie McNeil
Re/Max Twin City Realty Inc, Kitchener-Waterloo ON - Kitchener, ON
Team McNeil
Thanks for all of your comments Brian! I really appreciate it...
Nov 23, 2010 08:40 AM