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12 Buyer Motivations for Successful Realtors

By
Mortgage and Lending with Norcom Mortgage NMLS# 71655 Equal Housing Lender NMLS# 76681

Secrets of Successful Realtors
The 12 Buyer Motivations
                                                         

Recent studies show that when people want to purchase new property they are motivated primarily by one of 12 reasons. There may be one or two other things that are motivating them as well. Your job is to discover and satisfy the 3 that are most important to them. 

1)     COMFORT: They are looking for a state of ease & satisfaction

2)     CONVENIENTLY: They want a home that saves time or simplifies their life

3)     ENTERTAINMENT: They need a home that will bring pleasure for their own needs            & wants and for their guests

4)     SECURITY: They want to be free from danger, anxiety, doubt

5)     PRESTIGE: They are looking for success or rank

6)     RECREATION: They want to be able to relax and enjoy

7)     VALUE: They are looking for a home that will make them money

8)     ECONOMY: They are looking for a home that will save them money

9)     HEALTH: They are looking for a home that is free from disease or ailment

10)   PRIVACY: They want freedom from intrusion of others

11)   AESTHETICS: They want a home that is has beauty in nature & surroundings

12)  SAFETY: They want to be safe from risk of injury, danger or loss

Sure, you're selling a house, but your client buys a Home to solve a problem or meet a need. Early on, focus more on your client and on identifying their problems or needs

Posted by

 

For rickthe Right Mortgage at the Right Rate, Call …

  Rick Cignoli

  Sr. Mortgage Officer

  NMLS# 76681

  860.945.9284

  rick.cignoli@norcom-usa.com

 

“When You Work With A Professional, You Get Professional Results”

--------------------------------------------------------------------------------------------------------

Norcom Mortgage

NMLS# 71655

38 Security Drive, Avon, CT 06001

Office:  860.676.8003

Fax:     860.647.8940

www.norcommortgage.com

Comments(17)

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Randy Shamburger
Movement Mortgage - Greenville, SC
FHA, VA, USDA and Conventional Mortgage Expert

Great information, thanks for sharing.

Have a Big day,

Randy

Jun 25, 2014 11:39 PM
Deborah Newell
Berkshire Hathaway HomeServices Towne Realty - Virginia Beach, VA

Thanks. Never thought about it this way.

Jun 26, 2014 11:28 PM
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Great list and very useful information.  I often wonder if buyers know what they are looking for and using this list might help me as well as them.  Appreciate your sharing.

Jun 26, 2014 11:42 PM
Ron Aguilar
Gateway Mortgage Group - Saint George, UT
Mortgage & Real Estate Advisor since 1995

One more: Peer Pressure

Jun 26, 2014 11:52 PM
Sarah Rummage
Benchmark Realty LLC, Nashville TN 615.516.5233 - Nashville, TN
Love Being Realtor® in the Nashville TN Area!

Great list!

We/They need to remember that it's hard to get all in the same house. 

Sarah in Nashville

Jun 27, 2014 01:12 AM
Tom Waite
Thomas Waite Real Estate Broker - Cypress, CA
So Cal-Apartment Bldg Investments

Great list. It is important to keep these desires in mind. Very good post

Jun 27, 2014 01:20 AM
Virginia Youngblood
DO-STAGE! LLC - an ASPM® Home Staging Company - Charlotte, NC
DO-STAGE! LLC - Home Stager - ASPM®

Thanks, Rick, for sharing this great post that is packed with helpful information!

I would like to keep this list before me when meeting Homeowners and Realtor/Brokers in my area who will use my services to help prepare their house for the market!

Have a great day . . . blessings to you as you help Homeowners with their properties and in all of your real estate endeavors.

Jun 27, 2014 02:08 AM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

You are so right. It's important to understand these motivations. 

Jun 27, 2014 03:09 AM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Great list of what motivates a buyer to react! I think everyone wants that safety "nest" to come home to!

Jun 27, 2014 04:18 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

That is one cool list of things.  I would have never approached it like that.  I is a good list to have when working with buyers.

Jun 27, 2014 04:26 AM
Kimo Jarrett
Cyber Properties - Huntington Beach, CA
Pro Lifestyle Solutions

Great list, yet, most buyers change their priorities if it doesn't begin with price after they discover what they want is unavailable to them. 

Jun 27, 2014 04:51 AM
Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

Thanks Rick that is a nice list.  Feeling comfortable at home is good.

Jun 27, 2014 07:33 AM
Sharon Sanchez
Ace Home Realty - Carson, CA
Your Number "1" Source For Real Estate.

Great list.  Thanks.

Jun 27, 2014 07:56 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Rick, this is a comprehensive list of buyer motivations.  We should be marketing to each of the points.

Jun 27, 2014 04:28 PM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

narrowing down this list to the top three is quite the challenge. Just when you think you got it, bammm...something else is more important!

Jun 28, 2014 09:06 PM
David Evans
RE/MAX TOWN AND COUNTRY - Cumming, GA
HUD NLB Cumming GA

Excellent post... I would add 2 more.  Esteem, the feeling folks get about the place where they live and the area reflection of themselves aspect. And most important, Ego, the "I will own this" aspect that we must be about while serving our client and really trying to match up future with now.

Jun 28, 2014 11:54 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Rick,  great list of 12 and you are so right about buyers.  Thanks for sharing

 

Feb 21, 2015 10:50 AM