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HGTV Induced Buyer Dementia
HGTV Induced Buyer Dementia
There is a new threat to home owners everywhere that is taking hold in markets around the United States.  In my marketplace of Bristow-Gainesville, Virginia, I am seeing more and more cases.  HGTV Induced Buyer Dementia (HGTV-IBD) is a serious threat to would be home sellers everywhere.
The symptoms of HGTV-IBD are often mistaken for those of a particular, or picky, buyer.  While the two have things in common, the difference is that a particular buyer will be thrilled when they find what they want, and won't hesitate in making an offer.  An HGTV-IBD infected buyer will wait, because the market depicted on the "reality" shows on HGTV always waits for a buyer to make up their mind.  Cue the commercial break and a night to think over three homes that the HGTV-IBD buyer loves.  The infected buyer can't be rushed by seller favored market conditions.
HGTV-IBD infected buyers have an inability to logic through the conditions of a seller's market.  The fact that there are five homes on the market and twenty buyers that day that want them, mean nothing.  A pristine home with a new roof, new flooring, new deck, new appliances, new windows and new carpet listed ... more

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