Do You Have FOBAH

Good morning Margaret - once a buyer finds a good agent like you they should set their goals and work their plan but always keep the buyers agent as the trusted advisor.

Hello Margaret - people who want to buy but have such a fear are likely the right candidates for finding the right real estate representation for them.  The ability to connect with someone else can often lead to a threshold.  And in the realty world that can be the threshold of your new home.   

Good morning Margaret. I have never had FOBAH. When it was time to buy, I bought! In the good times and in the bad. I got what I needed. That said, I can understand how many people succumb to fear and manipulation. Enjoy your day.

FOBAH will be felt by many a buyer, but it will be a different type of buyer's remorse.  Not a disappointment in the house they bought but the fact that they let it as them by.

I have not heard the term FOBAH before.  Most buyers, especially first time buyers, do have it or some level of apprehension.  I try to meet with my clients very early on and discuss the process with them.   It seems to help.

They are smart to not want to waive inspections or other contingencies. That is no way to buy a house yet in markets like we are in it seems to be the only way to get an offer accepted. 

Not wanting to bother their agent, not so smart.  They need their agent and if they are working with the right agent, they will keep at it until they get an offer accepted. 

I've had buyer clients in the past say those words, I would, with a lot of humor and antics and elevated voice say ... I WANT you to BOTHER me.  It is my JOB. That is all it took. 

FEATURED IN CRAP-TACULAR

Mr. Crappy Says

Bother Your Agent

Or You May End Up In A

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Situation You Were Trying to Avoid!

Margaret I can understand Buyers getting frustrated after losing out on a number of offers and wanting to give up.  BUT what they need to understand is the sure way of not having an offer accepted is not to make an offer.  In my opinion it is better to make an offer and lose, than to not make an offer and not have a chance of having it accepted.

Hi Margaret- in this sellers/buyer's frenzy market it's easy to see how a buyer could get FOBAH. You get caught up in it and then worry about making a quick decision. The best thing someone can do is hire an agent that will honestly act in their best interest. And agents would do well to learn how to work with their fellow agents.

In eras of strong buyer markets, a little hesitancy may be OK.  But, in recent years, where so many markets have been tilted strongly in favor of sellers, that hesitancy can leave some out in the cold.  These aren't the easiest of times for home buyers.  Strong competition from other buyers, low inventory and rising interest rates, create a great deal of pressure. 

My advice to home buyers: Find the very best agent to help guide you through the process, and help soothe any jitters you may have.

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