What To Do When Your Buyers Are In Shock ...

By
Real Estate Broker/Owner with IL Real Estate Specialists
https://activerain.com/droplet/578W

 

 

What do you do when you work with new clients who are in shock about home prices in your area?

 

You have to

 

 

Discuss Options 

 

 

 

 

 

 

 

 

 and 

Posted by

 

Jack Lewitz Broker Owner

http://www.ilrealestatespecialists.com

 Email Jack Today: jacklewitz@sbcglobal.net

 Call Jack Today ! Cell: 708-309-5334 Office: 847-674-6710

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Topic:
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Location:
Illinois Cook County Evanston
Groups:
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Advice for Buyers

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Rainmaker
3,763,659
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Jack Lewitz ,

Communication is the key and plenty of data to show buyers the real estate market in the area they are looking. There are lots of options and you are in charge to explain them all and then develop a plan!

 

Sep 18, 2017 05:58 AM #1
Rainmaker
1,737,551
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Our prices, and overbids, are sky high here and buyers are often in shock. I point out different types of housing, different locations, commute considerations, put them in touch with a great lender. I remind them of why real estate is so expensive here, and that for many of us, living "small" fits us well. 

Sep 18, 2017 07:06 AM #2
Rainer
333,946
Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Shady Canyon Specialist

Depends on their price range, Jack.  Hopefully their price is in the range whereas they can qualify for 100% financing.  Then price doesn't matter as much.

Sep 18, 2017 09:13 AM #3
Rainmaker
3,977,611
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Many 1st time buyers are surprised that they can't get a home for the price a friend did 2 years ago.

Sep 18, 2017 09:25 AM #4
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Rainmaker
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