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What's Your One Must Have When Buying a House?

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

 

 

Most buyers have a long list of wants, a shorter list of needs, but usually no more than two or three must have items.  I consider it one of my most important jobs to filter though the, wouldn't-it-be-nice list and uncover the core these-I-must-have list.  If the client can define what features they are not willing to compromise on, we are well on our way to finding their next home.  Few things are more frustrating for a real estate professional than a buyer with a moving target. Except perhaps one with an impossibly large target with no bulls eye, and consequently, no idea what they want.

 

The first time out with a buyer I like to limit the number of properties viewed to no more than six to eight homes.  As I observe and listen I take notes about likes and dislikes.  At the end of the day we do a quick summary of likes and dislikes.  Usually a buyer will have a few favorites, several they do not like and one or two they are ambivalent about.  The next showing appointment I try to include properties similar to those they liked and revisit their favorite homes if still available.  As the list grows smaller, the must have list becomes more apparent to the buyer and agent.  It's a revealing moment when a buyer says, as one did last week, "It seems this is what I want:  A small house with a big ocean view."  

 

Once we know what you are looking for, together, we can find it.

 

Comments(4)

Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

A nice view like that is certainly nice, but my MUST have involves a tropical location and beach to wake up on daily. 

Jun 04, 2013 12:41 PM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

When a buyer says that they won't be heartbroken if their offer isn't accepted, it's for darn sure one of those 'don't wants' is lurking around somewhere. 

Jun 04, 2013 03:55 PM
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Norma, it is good to limit the number of homes to be seen as buyers will get confused after seeing too many.  It is important to prioritize their list into "must have" and would "like to have".

Jun 04, 2013 10:57 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Norma -- regardless of price range, a buyer must learn to separate the must haves from the like/wish to haves --- it's really about compromise.   An excellent like yourself understands this and learns by asking the right questions.   

Jun 11, 2013 05:15 PM