Home Searching - Priorities vs Wants

By
Real Estate Broker/Owner with Sandpoint Realty LLC DB36113

Buyers will do themselves best with having their priorities top of mind when home hunting.  Too many times a long list of 'must have' will include desires and wants.

Sandpoint Realty LLC - Home Hunting List

I am not down playing the importance of desires and wants, but I do feel the list should be gone over a few times to pull the top 3, maybe 5, must have items from that list.  

 

While searching for your home keep in focus your 3 to 5 priorities and look at other items as a bonus.  This can be compared to a MLS search.  If an agent lists everything you are requesting more times than not 'zero' homes will show for your search.  In looking at possible new homes keep your 'must have' list top of mind and in focus.  You will find your search becomes much easier, and enjoyable.  

 

'Experience the Difference' in working with a full time professional REALTOR®.  Your wants and needs will always be my priorities.  

 

Mark Don McInnes

Broker - REALTOR®

208 255-6227

SandpointNorthIdaho.com - North Idaho Home & Land Searches

 

Sandpoint Realty LLC

1205 Highway 2

Sandpoint, Idaho 83864

 

 

Posted by

Mark Don McInnes

208 255-6227

"Experience the Difference' working with a full time professional Realtor®

Mark Don McInnes - Sandpoint Realty LLC

 

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All images and content property of Mark Don McInnes and only to be used/copied with prior written permission.

Comments (9)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Mark... that's what I refer to as the "negotiables" and the "non-negotiables" with my buyers.

Oct 15, 2021 05:00 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Mark. A discussion of needs versus wants upfront can save a lot of time and frustration. Prioritizing makes life easier for everyone. Enjoy your day.

Oct 15, 2021 05:00 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

If a buyer has absolutely no limit on budget, sure, throw everything on the list. But for the rest of the buyer population, i.e., 99% of buyers, being specific about what is REALLY needed is key to finding the right home.

Oct 15, 2021 05:25 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Mark - it's good when a buyer can identify those "requirements" versus a "wish list" on their home buying list.  It can be even better when they share those priorities with their real estate agent so as a team they can better achieve their goal.  

Oct 15, 2021 05:49 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

You make an important point, about priorities vs. wants, Mark.  Everytime that I have searched for a home for myself I have wanted a family room.  But, not once out of the three homes I've purchased, did the home bought have one.  However, they had other features that compensated, or ended up being more valuable.  It's important to keep an open mind, and allow a little flexibility, especially in a market that's low in inventory.

Oct 15, 2021 05:49 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Mark, on having this blog FEATURED in the Old Farts Club group!  

Oct 15, 2021 05:50 AM
Mark Don McInnes, Sandpoint-Idaho

Thank you for the feature.  mark  And more importantly thank you for always taking the time to stop by and say hello.  Mark

Oct 15, 2021 06:18 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mark, with today's inventory so tight, if they can get half on their list, this might have to work! 

Oct 15, 2021 11:04 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Mark people have a very hard time distinguishing between wants and needs, especially the younger generations. 

Oct 15, 2021 12:39 PM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your week ahead!

Oct 18, 2021 06:55 AM