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Real Estate & Realistic Expectations...

By
Real Estate Agent with Miranda Real Estate Group, Inc. NYS 10401214143

Nearly daily, I seem to be having a conversation with people about the horrors of their home buying experience.  I think back on ours too (which happened long before my career started in real estate) and can only think of one word:  YIKES!

 

I can't believe the risks we took and the "professionals" that we enlisted to help us reach our goal.  Luckily (& it WAS luck because the skill profile was lacking across the board!!!), it all worked out but... WOW!!!

So fast forward to now...  Quite honestly, there are a lot of opportunities for frustration in the home buying (& selling!) process.  From finding properties that might work, to getting an offer accepted, and then the process to closing. 

 

Specifically though, I see a trend lately and things are heating up within real estate transactions.  On one hand, buyers are more savy & do a great job of researching market areas and properties.  On the other hand, I frequently see unrealistic expectations rearing their ugly head during the inspection phase.  Couple this with some agents who either don't understand how this part works OR promise to be the "hero" and insert unrealistic expectations into the inspection phase, and the hurdles to get to closing just grew.  

 

What's a buyer (or seller) to do?! 

* Hire an agent who knows how things work in your market. 

* Hire an agent who collaborates well with others. 

* Hire an attorney who is well-versed in real estate.

* Understand that homeownership WILL require you to make minor repairs

to the place you call home. 

 

My colleague, Scott Godzyk in Manchester, NH wrote a great blog on this topic that inspired today's post. Thanks Scott & kudos to you!   He says it better than I and I encourage you to

Read the Original Blog here...!

 

And when you're ready to embark on your real estate journey, I hope you'll give me a call!  I'm committed to make your goal a reality with the least amount of hassle & the most amount of education feasible.  :)

 

 

Posted by

 

 

 

Brenda Mayette
Licensed Sales Agent

Miranda Real Estate Group, Inc.

1482 Rt 9, Clifton Park, NY 
518-527-0800 (direct/cell)
www.brendamayette.com

"Getting you home with personality & professionalism"

 

 

Comments(4)

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Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Brenda. Where do you find buyers and sellers that are realistic about real estate? Seems like they call all pronounce "real" but cannnot live it! Enjoy your day!

Jun 20, 2019 05:22 AM
Brenda Mayette

Oh they're out there!  Many simply "don't know what they don't know" and that's where a competent real estate agent is key.  :)

Jun 20, 2019 06:10 AM
Barbara Todaro
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Brenda Mayette well-versed real estate agents have a laundry list of points to address with each transaction... the greatest challenge is dealing with another agent who lacks the proper training to provide a smoothly run deal.... 

that's the fault of the Broker/Owner/Manager who readily hires but never trains.... that agent is the deal killer.

Jun 20, 2019 05:29 AM
Brenda Mayette

Absolutely Barbara Todaro !  I'm so happy that I put my license at a brokerage who gave me a wonderful mentor when I joined nearly a decade ago & offers routine, on-going training so that I can better serve my clients today.  :)

Jun 20, 2019 06:12 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Brenda:

You've made some excellent points here! Buying a home can be a major challenge with all sorts of frustrations and emotions. Setting appropriate and reasonable expectations up front, and then with reminders (especially around the inspection), may help avoid those issues. And keeping the ultimate goal in mind.

Although sometimes no matter what you say, issues can happen and the transaction can head south.

Jeff

Jun 20, 2019 08:59 PM
Brenda Mayette

Hi Jeff Dowler, CRS . Things do happen... can't deny that!  But that shouldn't be the norm and having the right team & good communication within it helps minimize such.  :) Thanks for the visit! 

Jun 21, 2019 04:33 AM
Mary Hutchison, SRES, ABR
Weichert Realtors, Welch and Company - Kansas City, MO
Experienced Agent in Kansas City Metro area

I've had sellers say...this is all going so smoothly I'm so pleased!  And then I want to tell them, yes, that is the goal...but sometimes!!!!!  With buyers, so important to prepare them for the inspections, the financing expectations before making an offer.

Jun 22, 2019 10:56 AM
Brenda Mayette

Exactly Mary Hutchison, SRES, ABR .  It's all about great communication.  :)

Jun 24, 2019 04:58 PM