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The number one reason I see for failure in buying a first home is…

By
Real Estate Agent with eXp Realty LLC 200311024

Todd Clark and first time home buyers in Beaverton OregonThere are many reasons people call and tell me they want to start to look for their first home. Many reasons include that they are expecting, they are getting married, their rent is going up, prices are falling, or interest rates are low. There are many great reasons to buy a home and each person seems to have their own.

But, the one thing I find in common with the ones that end up not buying versus the ones that do buy is that the ones who buy do what it takes to purchase that home. They have a goal and that goal is home ownership. The ones that don't are always full of excuses why they don't buy. I can't go look today, my kids are sick... I can't get that paperwork to the mortgage broker, my fax machine isn't working. The excuses go on and on. When I start to hear excuses from a buyer, there is only one thing left to do. I sit them down and explain that if you really want to buy, than you need to stop making excuses or I don't see a reason to keep looking.

I've had two buyers that I actually told them this and then I told them that if they want to continue looking, then I need to be paid a retainer as I want to make sure I get paid for my time. The first ended up buying, because they realized I was right. The second realized I was right, but let the excuses win and they even told me that.

So, stop making excuses and give me a call, I would love to help you in the search for your first home.

Comments(4)

Fred Chamberlin
Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA
Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

Absolutely right Todd. There are also those people that really shouldn't buy a home. I know that is harsh but there are those that don't need the responsibility.

Jan 22, 2009 03:40 AM
Maria Morton
Platinum Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Todd, you are so right. I will spend a lot of time with serious buyers but those who want to waste my time have to be let go.

Jan 22, 2009 03:51 AM
Stephen Parks
SANDS Realty - San Antonio, TX
REALTOR®

Todd, Good for you in asking for a retainer from these folks.  Too many real estate agents are willing to work for "free".

Jan 23, 2009 02:44 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I didn't want to be right with these fine folks, but sometimes people need to be put on the right path for them and for me.

Sep 26, 2011 08:28 AM