"Are We Being Too Picky?"

By
Real Estate Agent with Better Homes and Gardens Real Estate-Kansas City Homes

After a few months of searching for a home, that’s what these first time homebuyers asked me.  I hesitated before answering, because I did think they had unrealistic expectations.  Still, I thought about the question and came up with a few points to emphasize to all buyers when they begin a home search. Hopefully, having this conversation before starting the search will prevent disappointment later if ‘the one’ isn’t found after several weeks of looking.

1.     Don’t set your expectations too high.  It is especially exciting for first time buyers to look at homes…and especially disappointing if they feel they aren’t getting what they want within their price range.  Ask your agent:  what can we expect to find in this range in this location?  What compromises might we have to make?  This is especially important if  you are looking in an older, established area of the city rather than a newer suburb.

2.    Decide what you will compromise on.  Love the kitchen but don’t like the master bath?   The finished basement is a plus but you really want four bedrooms?  Not much closet space but you love the large backyard?  Know what you ‘must have’ and focus on those features first.

3.    Don’t compromise on something that bothers you but you can’t change it.  If you love to cook, don’t buy a home with a small kitchen.  If the traffic noise bothers you as you check out the back yard, look at a different location. 

4.    Stay within your price range.  You will only get frustrated looking at $350K homes if you don’t want to pay over $300K.  However…

5.    Paying a higher price for more of what you want is worth it!  It’s still a buyers’  market, and your agent may be able to negotiate the price down closer to your range.  Figure out the payment—if it’s  only $50 or $100 more a month to get a home that you instantly love, fits your wish list and is affordable, go for it!  This is especially true if you plan to live in the home for several years.

6.    Look beyond décor.  First impressions are important, and if a house is clean, updated, staged and shows well—it hooks you within the first few minutes.  But if the décor is dated, focus on the features of the home you like: floorplan, location, size, number of bedrooms and baths.  It’s easy to change décor—not  easy to add bedrooms or finish a basement.

7.    Trust your agent.  This is the biggest thrill for me when I work with buyers—showing them a home I feel is ‘the one’ for them…and they feel the same way!   If your agent has been really listening to your comments and asking you questions as you walk through homes, s/he should have a gut feeling about which home will work for you.  If you aren’t comfortable with your agent and sense s/he knows what you want, find someone else to work with.

  

Some buyers are too picky and will never be happy with what’s on the market.  But if you look at several homes over a few months and still feel like you haven’t found the one—re-examine your priorities with your agent and make the appropriate adjustments.  You will find the right home if you look at the decision from a practical viewpoint while also considering your emotional reaction!

 

Posted by

Mary Hutchison, SRES, ABR

(Brookside/Armour Hills resident, local business supporter, NPR fan, Habitat ReStore volunteer, thankful for the gift of another day!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Shannon Jones 02/21/2012 07:56 AM
Location:
Kansas Johnson County Prairie Village
Tags:
kansas city homes for sale
brookside homes
prairie village homes
mary hutchison
advice for home buyers
home buying tips

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Rainmaker
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Shannon Jones
The Shannon Jones Team - Long Beach, CA
Long Beach CA Real Estate

Mary, this is great advice for home buyers. I'm reblogging the post and wish you luck with those buyers! Managing expectations, focusing on priorities and seeing past a home's decor are always important!

Feb 21, 2012 07:57 AM #1
Rainer
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Bill Reddington
Re/max Southern Realty - Destin, FL
Destin Florida Real Estate

Lots of great tips. The biggest thing is staying in their price range. Sometimes here buyers believe they can buy a property for half of what it is listed for. Not happening anymore.

Feb 21, 2012 08:08 AM #2
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Mary Hutchison, SRES, ABR

Specializing in Brookside, Waldo, Prairie Village
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