First Time Home Buyers have expectations.
From their real estate professionals.
An excellent repost from Susan Haughton.
First Time Buyers: I Promise I am NOT Hiding Homes from You
We all suffer from information overload at times, I imagine.
Consumers, especially first time home buyers, must feel equally overwhelmed with the plethora of information out there as regards the process of home buying.
Everyone has an opinion and seemingly, everyone wants to be sure you see it!
So, what's a home buyer to do? So many sites, so many sources, so many agents, so many houses...who to trust? Who to listen to? Which site to use?
It's no secret this industry suffers from what some like to say is a "low barrier to entry." I don't think it's a coincidence there is a direct correlation between virtually no barrier to entry and the low approval ratings the real estate industry suffers from.
Trust is a huge issue and rightfully so, as we are talking about a huge purchase using someone else's money. I think it's a big responsibility.
Unfortunately, this lack of trust can be widespread and so it doesn't surprise me to get an email from a client with a long laundry list of MLS numbers or property addresses they found online, courtesy of Zillow or Trulia, of course. This, despite our already having had "the talk" about how those sites are basically lead aggregators who like to take our listings and sell leads back to us, that the data is not always current and really, you don't need to use them. Trust me.
This, of course, after they have already received from me an auto update directly from the MLS, real time information as soon as it happens. Well, okay, within nano seconds.
So, why do they do it? I don't know. I guess they are frustrated with the current lack of inventory and I honestly don't think they realize how much time it takes us to take the list THEY FOUND ONLINE!!! and go through the MLS and check the status of every listing, just so we can then turn around and mark each listing with "Under contract," "Sold," "Under contract," "Withdrawn," "Short Sale" (remember you don't have the flexibility for a short sale), etc. then explain once again why we provide them with real time, legitimate information.
Sure, it's frustrating for us, but imagine how frustrating it is to be a home buyer in this market these days.
However, let me just say this...the agents I know have no vested interest in not showing you the most current inventory and giving you the most accurate information. We don't hide houses!
From Northern Virginia to the Northern Neck, we provide you with stellar service (just read what some of our former clients have to say about it) and top notch market knowledge to help you sell your current home or buy your next dream home.