Home Searching - Priorities vs Wants

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

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.

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.

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.  

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.

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

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

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

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