Driving to work yesterday, I couldn't help but notice $4.87 on one of those gasoline price boards. Why am I surprised? Just the other day, when I filled my gas tank. the total amount came to a whopping $120.00. My head wouldn't stop spinning: If I drive around showing properties 5 days in a week, I could potentially be spending more or less $24.00 every time I park and go open doors.
How many times have we spent a half-day, five to six properties, a dent in our gas meter only to find out that the buyer is actually a hopeful, but out-of-this-world bargain hunter? They give you parameters, their price point, then their shaking heads to every one of those houses that actually fit their price point and parameters. I assume that this is typical buyer behavior during this market. Right, everyone wants a deal. Who doesn't? But as a real estate agent, I also need to know when it is smart to drive deal hunters around town and the next town over and how long it is decently tolerable to go on looking for the best deals.
When all I could do is patiently drive around, inside I am hoping that the perfect house strikes my buyer as also the best deal in town!