Buyers Remorse in Real Estate-Two Sides of The Coin
Buyers remorse in real estate comes in two flavors.
In the most common form of Buyers Remorse, a Buyer gets a property and discovers either unreported or undiscovered problems, location issues that were 
not apparent, or some financial aspect that makes it tough to handle the new purchase. The Buyer wakes up every morning, stumbles into the bathroom, looks in the mirror and wonders, "why did I buy that property, what was I thinking?"
In another form of Buyers Remorse, the Buyer analyzes a property from several angles, gets input from friends, family, and maybe even a psychic, palm reader, or shamen. This is in addition to the professional advice provided by their agent.
The Buyer wants the property and their agent suggests the price range that should get acceptance based on other recent sales. Armed with this information, the Buyer has their agent submit an offer significantly lower than both the Seller's asked price and the their agent's suggested offer price. The
offer is rejected and another offer will be accepted. The Buyer is then left to wonder, "how did I miss out on this deal?"
In this deal, it's more the case the would-be Buyer is rejected before experiencing Buyer's Remorse. In any event, somebody is rejected and did not get to buy a piece of property.
Sometimes it's tough to pull the trigger on a deal. Nobody wants to pay more for anything than they have too. But, going too low and missing out on a property that is properly valued can be a bitter pill.
Accept the principal that a property is only worth what someone is willing to pay for it. If you're not willing to pay what another Buyer will pay, the property is not for you. So don't get too down on yourself if you miss out on a property because you went too low. Have yourself a short pity party, drink a little Buyer's Remorse Tea and get ready for the next deal.
Let me help you avoid that Buyer Remorse situation if you're looking to buy or sell some San Antonio area property.
My Networks:
http://rlty.me/SanAntonioRealtor
Wayne Johnson
18756 Stone Oak Parkway
San Antonio Texas 78258
Coldwell Banker D'Ann Harper Realtors®
Texas Real Estate License # 0566780
210.483.6329 (Tel)
210.483.4729 (Fax)
Texas Law requires all real estate licensees to give the following information about brokerage services: http://www.trec.state.tx.us/pdf/contracts/OP-K.pdf
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