How to keep your emotions in check so that your real estate roller coaster ride will be a smooth and enjoyable experience.
PREPARING FOR THE REAL ESTATE ROLLER COASTER RIDE
- Never wear your emotions on your sleeve during the real estate ride.
- Selling your home is a huge financial transaction that can trigger a roller coaster of emotions. When you're being tossed around at every turn, you need to hang on and stay on track.
- Although you’ll likely have a strong connection to your home, try not to get offended if a potential buyer wants to rip up your kitchen or paint over the wood trim.
- Also, never take comments personally. It’s natural for people to complain when they're interested in something so while criticisms may seem negative, they’re actually a sign that the buyer’s interested in your home.
- If you receive a “low ball” offer, remember that it’s often just a starting point but be aware of tactics such as “low balling” where an attractive price is initially offered only to be adjusted at a later point on the basis that circumstances have changed. Recognizing these strategies will help you keep a balanced perspective.
- If you’re able to generate multiple offers, make sure you consider more than just the price. There’s nothing worse than accepting a conditional offer just because it's over the asking price only to have it fall apart a month later when you could have accepted a firm cash offer that was almost as good.
It’s completely natural for both buyers and sellers to experience a wide range of intense emotions as they navigate through the complex real estate process. However, if you hop on the real estate roller coaster with a competent agent by your side, you’ll not only enjoy the ride but you'll look forward to doing it again!
Your Lethbridge Home Team, Chuck, Kris and Chelsea
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