Wether you are considering buying a home or thinking of selling a home , or in the procsess of one or both of these adventures, understanding your motivations is KEY.

In the current market there are all kinds of potential reasons to buy or sell. Be clear in your own mind, and communicate your motivations (reasons) clearly with your realtor.

Some common motivations include: Increase in Family size, decrease in family size, financial reasons, relocation, and the like. Be reasonable about pricing wether you are selling or buying.

As a  realtor, my aim is to be a trusted advisor. Sometimes I even hop on the active MLS with my clients and show them current market trends. It's interesting for them to have input while changing the various criteria to show whats available, what has sold, and what has expired. (note: the actual MLS Realtors use is not the same thing the public knows as MLS listings, it is available only to licensed realtors).

If your home is not selling, I hate to be the one to tell you, it's probably the PRICE. If seller's aren't accepting your offers, I hate to tell you, but it's probably the PRICE.

There are four key factors in selling a home: PRICE, CONDITION, LOCATION, AND MARKETING.

Do you have to sell? You are MOTIVATED!   Ask yourself honestly what would YOU PAY for your own house in todays market?

This market is challenging (June 19, 2008). In some ways it's what I consider "constipated" if you will excuse my potty talk!

Let's all examine our own potential for greed. Even getting a few thousand more dollars, or paying a few thousand dollars less can be somewhat motivated by greed, or in some cases, pride. If you can take some of the emotion out of selling and buying homes, it really helps accomplish the intended results. It just depends how motivated you truly are.

Some sellers may need to take their homes off the market if they have the attitude "If it sells, fine- if it doesn't- fine. At who's expense may I ask? When a seller is not truly motivated it makes the listing agents job almost impossible. It's kind of like saying, I am not sure if I want o get married, but I am planning my wedding. When a buyer is kicking tires and doesn't know wether or not they want to move, they are taking time away from themselves, and their agent who has a family and other clients who need his or her immidiate attention. YES it is ok to evaluate this on a case by case basis. I have had some clients who really need to look around only to find out they are going to stay put. My point is, evaluate your motivations FIRST and you could save yourself alot of confusion and time.This may sound somewhat harsh, but really it is truly service oriented, as it is better for all involved to conserve their energy and assets for the right time. I mean this is BIG important stuff!

Timing is everything. OK I said motivation is everything. They coincide. I truly want to provide the best possible service to each and every one of my clients. It is my responsibilty as a professional to help them determine and clarify their motivations. When the timing is right, finding a new home is magical. It is incredibly fuffilling and exciting to hand over the keys to a new homeowner after weeks of looking, negotiating, waiting and wondering. It is wonderful to hang that SOLD sign for your sellers and help them on their way to their next place. But as agents, we can't do it without a comprehensive understanding of our clients needs and wants, hopes and dreams, goals and motivations.

 

 

                                                                                                     

www.BethAnnHomes.com  visit my web site!

 

 

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6 Comments on Understanding Motivation is EVRYTHING

Beth, the tips you are giving are very good, valid tips. 

06/19/2008 11:21 PM by Sondra Meyer (United Country Brazos Valley Realty)


Great tips Beth,  One training I took said to explain to the seller that when he refuses an offer, he just "bought" a house he didn't want.

If he got an offer for $800,000 he "bought" his house back from the potential buyer, by rejecting the offer.  It's an interesting concept.

All the best!

06/20/2008 02:13 AM by Kevin O'Shea, White Plains, NY Real Estate (Homes of Westchester, Inc.)


Beth, thanks for the tips. You are right about pricing... The price has to be right on both sides of the equation.

06/20/2008 04:44 AM by Michael Thornton - Nashville, TN area Home Inspector (Complete Home Inspections, Inc.)


Great tips and reinforcement! Thanks for the association and thanks for the idea for the farmer's market post - we have one here and I will post some pix etc. Sweet - glad to know you Beth!!

06/23/2008 12:00 AM by Dawn Maloney, ABR (Geneva Chervenic Realty)


 Dawn , I like to frequent local merchants and business owners. Thanks for stopping by!

BethAnn :) Now it's time to go to bed!

06/23/2008 12:06 AM by BethAnn Long REALTOR, e-PRO (Tomlinson South Inc.)


BethAnn - great post - motivation is key.  We need to preapprove our sellers as far as motivation before taking the listing!   

06/23/2008 07:08 AM by Alyce Martin (Keller Williams Realty)


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Real Estate Agent: BethAnn Long  REALTOR, e-PRO (Tomlinson South Inc.)
BethAnn Long REALTOR, e-PRO
Spokane, WA
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