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Zeroing In: Finding the Right House

By
Real Estate Broker/Owner with Ryan Taylor Homes

A recent post focused on a list of questions buyers should answer about their wants and needs related to a home before they begin looking. The writer mentioned the huge number of properties to choose from and the absolute necessity of narrowing down your criteria before you can possibly find a home to concentrate on.

I certainly agree with this very professional post. However, I want to add a bit of wisdom that I've discovered over the years.

Buyers cannot possibly come up with a final lists of wants and needs until they have seen a few homes. The process of evaulating homes in person, as opposed to printed descriptions (either Internet or on paper), uncovers feelings and issues that you just don't get to unless you actually see the home.

My process involves taking a list of wants and needs and finding homes that match that list for the first tour. Of course, I let the buyer no that NO home will have everything on their list. I coach them on this fact early and often. I tell them that the purpose, the only purpose, of the first tour is to shake down that list.

After the tour, we go back to the drawing board and draw up a new list, which is always more focused. (When I was a new agent doing this, I wasn't surprised when items were dropped from the list. But I was shocked when new items appeared.)

With the revised list, the second tour is more on target. Then there comes the day when they find the house with everything... but there will always be an "everything EXCEPT."

That's when the professional agent guides the buyer through the problem solving process of what they really HAVE to have as opposed to what they can live without. What they COULD add or remove as opposed to what will always be there. For example, if you want a walk-out basement and the house doesn't have one, you're probably not ever giong to get it. But if you want a fireplace, you could possibly add one later.

Buying a home is a process, and helping buyers decide what their true wants and needs are is a process, too.

Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

Best 2 questions from a Realtor to a Buyer should be:
What type of home or area of the country did you grow up in? and if you could have ANY home in the world descible what that home would look like and what it would have. Or describe your dream home and neighborhood to me. The first few sentences they utter will be their HOT buying buttons.

I can't tell you how many buyers I've dragged into quaint, older, charming houses (because these are the ones I liked) in the beginning of my real estate career, when all they really wanted was a sleek, open, mid-century modern split level, like the one they grew up in and are used to seeing in Texas!  Could have saved myself a lot of time and frustration if I'd only asked these questions first.

Apr 01, 2007 05:20 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Hmmmm.....very interesting.  I'll have to ask this question and see how it goes. 

 

PatriciaAulson/Seacoast REALTOR/NH & ME

Apr 01, 2007 06:00 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

Hmmmm.....very interesting.  I'll have to ask this question and see how it goes. 

 

PatriciaAulson/Seacoast REALTOR/NH & ME

Apr 01, 2007 06:00 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services
I spend at minimum of an hour when I meet a buyer and go through a check list of wants, must haves -- and then explore what is most important to them as well.  The next step is homework -- if they don't know the areas that well -- they select lisitings and drive-by -- we regroup and then come up with an A and B list!  It saves a lot of time.  If they are falling in love with the pictures in the mls, but hate the neighborhood, or the steep drive or the neighbors next door are slobs -- everyone saves a lot of time.
Apr 01, 2007 06:36 AM
Debi Braulik
www.roundrealestate.com - Maple Valley, WA
Selling Maple Valley to Fife WA Homes For Sale
It definitely takes a few viewings to fine tune the must have list. I find it always creates a few compromises. We can give up this.. if it has that. Especially for first time buyers.  Good advice. Debbie's questions are good too!
Apr 01, 2007 06:37 AM