A System for Home Buyers to Rate Houses

By
Real Estate Agent with Lyon Real Estate BRE #00697006

Quite excited to be listing a home for sale in Carmichael. I met with the sellers yesterday to explain how I do business and what I can do for them, and they hired me practically on the spot. Always very happy when that happens. It means we have made a connection. And while a connection is not always necessary in a real estate transaction, it certainly doesn't hurt to like the clients, and I prefer it that way.

Perhaps the defining moment was when they mentioned to me there was a large water stain around the dining room window. It was puzzling. They could not figure out how it happened. There was no leaking from the roof, and the window itself did not manage to leak. I stared at the window. Over the top and down the sides hung a heavily crocheted drape of sorts. If the seller had washed it and hung it up damp, it would have dripped on the wallpaper and damaged the integrity by leaving water marks.

Sure enough, they eyed each other and laughed. That's exactly what happened. It's what their dad's second wife would have done.

Then, we discussed how buyers tend to purchase on impulse. One of the sellers shared she was worried that she would buy a home based on emotions and then regret what she bought because it didn't fit her parameters. So she devised a system for rating houses. Very clever. Similar to what I tell buyers but with a twist.

You can read more about that method in my personal blog today at this link: How to Decide Which House to Buy.

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Certified HAFA Specialistelizabeth weintraub

 

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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.

The Short Sale Savior, by Elizabeth Weintraub, available with free shipping.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

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Topic:
Home Buying
Location:
California Sacramento County Carmichael
Groups:
Everything California
Northern California Real Estate Professionals
CALIFORNIA REAL ESTATE
Lyon Realtors
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Tags:
sacramento real estate
carmichael realtor
home buying house rating system
method decide which house to buy
homebuyers formula home shopping
buying home carmichael

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Rainmaker
2,585,749
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I've had clients, Elizabeth, who developed these amazing spreadsheets to rate homes and then got totally confused. Usually, I tell them to throw it all out... decide which homes meet the majority of their "must haves" and then decide which ones "speak" to them. At the end of the day, if a house doesn't "speak" to a buyer, it doesn't matter how many of "must haves" it meets. And I've had clients who ended up very happy in homes that didn't meet many of their must haves, but touched some emotional cords. I;ve always said you have to see yourself living in a home.

Oct 05, 2018 12:31 AM #1
Rainmaker
3,699,699
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, had a client last year that was exactly the same way, rating each and every aspect of a home, and in the end, it was emotion that bought the home.  BUT, I thought this home was a perfect fit for them.

Oct 05, 2018 04:43 AM #2
Ambassador
3,459,650
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Elizabeth- I can see this working for buyers especially if they tend to lean towards the engineering, accounting, science fields, (and I say this with all due respect to those in those fields) the problem for me is that being the Libra that I am, I would have a hard time assigning numbers. 

Oct 05, 2018 08:07 AM #3
Ambassador
1,636,069
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

The logic is solid. However, we notice, logic is rarely involved in the emotional aspects of home buying. Lol.  There are always exceptions though. Happy Friday to you Elizabeth. D 

Oct 05, 2018 08:52 AM #4
Ambassador
3,459,650
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

                                

                                           Thank you, Elizabeth. 

Oct 06, 2018 05:31 PM #5
Rainmaker
3,561,899
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents,

I'm glad that Kathy Streib featured your post in her "Ah-ha" moments for the week because I missed it. I've had buyers make their spread sheets before but when it comes down to it rarely does emotion not play a big part of the final decision.

Oct 07, 2018 06:24 AM #6
Rainmaker
2,071,919
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Kathy Streib Thank you so much for the feature!!!

Oct 07, 2018 03:06 PM #7
Rainmaker
2,071,919
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Dorie Dillard CRS GRI ABR We never know whether we will get a couple where both are logical, none, or 50 / 50, which is always interesting. Opposites attract more often than not.

Take my husband, for example. He does not employ emotion at all when he buys. Anything. In fact, it's an irritation to him.

Oct 07, 2018 03:09 PM #8
Rainmaker
2,255,379
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Great post, Elizabeht.  I'm glad that Kathy featured in on her "What I Learned at ActiveRain This Week" list.

Oct 07, 2018 04:16 PM #9
Rainer
17,942
Natalie Norris
Fetch A Geek - Orlando, FL
Real Estate Marketing & Consulting

Thank you for sharing Elizabeth! 

Oct 08, 2018 07:38 AM #10
Ambassador
3,695,183
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

It's always interesting to observe the process by which buyers make their decisions on which house to buy, and which ones come off the list of possibles. Some are very clear on these issues, and others are not. Sometimes the emotions play a huge role, while other people tend to be more logical. I think it's essential to have a good idea of what the really important "must have's" are, as well as the matters that are deal killers.

Oct 08, 2018 07:45 AM #11
Rainmaker
2,071,919
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Jeff Dowler, CRS I know of a couple from Land Park who sold their home, bought a home in Greenhaven, and had moved into that home in Greenhaven, when they had a sudden change of heart. Then they canceled the listing and escrow, and their agent had to resell the home they bought at no commission. They moved back.

At least that's the story they shared. They said their agent had pushed them into buying the other home.

Oct 08, 2018 08:51 AM #12
Rainmaker
2,010,268
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I really like your seller's way of rating possible homes! This should be very helpful to sellers!

Oct 08, 2018 04:47 PM #13
Rainmaker
1,168,351
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Anything that keeps buyers focused and grounded during their home search is a godsend, Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents ... buying and financing a home is emotional stuff!  Your list/guidance helps accomplish that.  Applause!!

Gene

Oct 09, 2018 11:00 AM #14
Rainmaker
358,922
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL Real Estate GRI, SRES,GREEN,PSA

Great post and you have great insight to help Sellers and Buyers.

I provide an evaluation sheet for each home I show a buyer. They have all been glad I provided that for them. I have found that after looking at 3+ homes they can easily cross up details.

Oct 15, 2018 01:24 PM #15
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