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Buyer's Remorse People Want To Kill Off The Mirage

By
Real Estate Agent with Keller Williams Realty 0575737

Desert ImagePeople that go through Buyer's Remorse as a syndrome are an interesting bunch. But in reality,

Buyer's Remorse People Want to Kill Off The Mirage.

A mirage, a phenomenon on the desert floor due to an illusion with light and heat has something out in front of you that is NOT REAL. Buyers of anything, homes, buying into that new person in a relationship, buying a business, evaluating a new job or opportunity, we are constantly "checking it out."

It is essentially a "waiver" with our decision making.

 

Maybe a toe in the water, and then take the toe out. The water may be too cold for our taste. We signed the contract, but will we go through with it to closing? REAL? Or a MIRAGE??? Kind of committed to a point, based on the latest evidence, facts, figures, actions or words. Why are we like this???

Well all of us have been deceived, betrayed, bought some kind of lemon car or product or got bad service in some shape or form. Got our heart's broken as a buyer of a charmer who was a snake lying in hiding. Did we go back with the house and think about the long commute to work? What about that cell tower looming over our roof in the adjacent lot? What about the noisy neighbors or the traffic to home at rush hour or those power lines in the backyard? What about that zoning of commercial across the alleyway in our backyard. They might build a two story while the wife is out with the bikini subathing.

A MILLION reasons our previous right decision is WRONG!!! A mirage. Working with Buyer's Remorse people and that "waivering decision" we need to ALL know that no decision is perfect, but we have to hit that "good enough" point in buying a home. A good enough point that in this relationship this is the man of your dreams even if he can be a klutz some time and trip over his untied shoes but has a good heart. That the business is a going concern with positive cash flow with numerous years of steady growth and the future market looks good.

Always remember BUYER'S REMORSE is a waiver and a work in PROGRESS, and I truly mean that with the word progress. You are getting to REAL, as real as can be achieved and POOF that mirage goes away but in this part of your world it is a GOOD THING, not that your oasis of water is gone. You want to kill off any mirages in your life and get to clarity and TRUTH. Truth may hurt sometimes but it is most always good. It is light and we all need to live in the light!!

Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Gary, nice post!  Very true, we need to get the real things in life!

Apr 10, 2011 06:12 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Tony and Darcy: Real is GOOD!!

Apr 10, 2011 06:38 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

You are a writer!   A lovely post...says it all, and very alluringly.

Apr 10, 2011 06:41 AM
James Loftis
RealEstate911.com - West Palm Beach, FL
RealEstate911.com

Interesting article.

Apr 10, 2011 06:46 AM
Judy Klem
Transition Stage LLC - Shelton, CT
Home Staging, Senior Move Management, Fairfield/New Haven counties

HI Gary - Clarity and truth can sometimes sting a bit, but they are real, and dealing in the real means we can make actual progress. Great writing, and great post!

Apr 10, 2011 06:46 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Gary, I like keeping it 'real', that is tangible and reliable. Enjoyed the post!

Apr 10, 2011 07:05 AM
Renae Bolton
Marketing 4 Realtors - Garfield Heights, OH
I'm your Professional Real Estate Marketing VA!

Gary, I remember when we bought our home. It was the single largest investment we had ever, ever made and we were scared to death. I believe strongly that a lot of home buyer's remorse comes from that feeling in the pit of your stomach that you've made a mistake. It's at that point that you start coming up with all kinds of reasons why this house won't work out.  We did it. I'm sure others have, too.  But then, you have to grow up and get to a point where you can admit to the fear and let your real estate professional help you get through it. And that's the truth!

~Renae

Apr 10, 2011 07:07 AM
Connie Goodrich
Keller Williams Realty - McKinney, TX
CRS ABR (McKinney Realtor)Texas

Wonderful post and nice topic. Buyer's remorse, we do deal with that.  Most of the time it is when they have convinced themselves about a home that is not right for them.  I try to point them in other directions due to issues I see.  Then they begin to realize that my concerns are valid .. buyer's remorse kicks in. 

Apr 10, 2011 07:08 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gary.. Hopefully it is just a phase and we can OVERCOME

HelpfulHannah

Apr 10, 2011 08:49 AM
Mike Wong
Keller Williams Realty Southwest - Sugar Land, TX
Realtor: Commercial, Residential, Leasing, Invest

Great post Gary. As Realtors I think it is important to help our clients find clarity and make "real" assessments. There are a lot of distractions in a transaction, maintaining clarity through the process is key to closing the deal.

Apr 10, 2011 09:05 AM
Elizabeth Byrne
Keller Williams Realty - Arlington, VA
Arlington Virginia Real Estate

Gary, I know I've been there - buyer's remorse is probably experienced by each of us at some point in life. I have bought several houses during my lifetime and every time doubted my decision. I agree with you, nothing is perfect - good enough should be our motto.

Apr 10, 2011 10:39 AM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Gary:  I've always thought that all buyers get a some kind of buyer's remorse and most don't show it.  I try to stay in tune with buyers and actually try to detect early signs of buyers remorse so I can help them decide to stay in the transaction or not.  Great Topic!

Apr 10, 2011 03:48 PM
Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

I think Jane is right - lots of buyers get remorse and then work through it, we never know about it.  The few that I have had come to the decision not to buy - there was no changing their minds at that point.  And I ended up supporting their decision.  Sometimes it is a lack of communication with client/agent.  But then, that is another post for you.  :)

Apr 10, 2011 06:00 PM
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

Gary great metaphor with the mirage "not real" which stems from fear which is not real in most cases.

Apr 11, 2011 01:04 AM
Sondra Meyer:
EXP Realty, LLC - Corpus Christi, TX
See It. Experience It. Live It.

Gary, very interesting post.  As you said, it is important to realize that nothing or no one is every going to be perfect. 

Apr 11, 2011 04:43 AM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Li: Thank you for stopping by.

James: Thanks.

Judy: I like that you linked REAL with progress instead of being STUCK.

Wanda: REAL is good for all of us.

Renae: I like that grow up thought and it is really not as scary as you thought. The real estate professional at that point can do some hand holding with you based on all their experience.

Connie: Pushing ahead at the start with a home that is not right for them will definitely snag them later on in the process so good not to start going down that path toe begin with.

Hannah: Often you are right it is a bump in the road phase. Always the next day when buyer's remorse goes away (hopefully).

Mike: I like that idea of pushing the distractions aside, to not have a noisy head, to see the new home for what it is for a client.

Elizabeth: I think it is normal to have doubts, and it reflects change to our life. Spending that money, moving somewhere else, all that goes with that. Lots of emotion besides the logical decision.

Jane: Staying in close communication with buyers we can help them sort out any second thoughts.

Virginia: People can convince themselves of anything. If they change their mind, well they changed their mind, and you just move on.

Chuck: What do they say about FEAR? False Expectations Appearing as REALITY. Fear hampers most, that is true.

Sondra: Getting as close to perfect that is good enough we can get past buyer's remorse. People can over analyze where that point is too.

Apr 11, 2011 07:26 AM