The Me generation

By
Real Estate Agent with RE/MAX Professionals.

The Me generation

 Instant gratification, we are surrounded by people who want to cut corners.

In a recent blog post I spoke of a couple who made an offer $65k under the asking price, because they didn't like the homes in their price range.

What happened to the times of working your way up to your dream home?

The 3 things I explain to young buyers before we search are,

  1. I don't want you to become mortgage poor. Stay within your budget!
  2. How long are you planning on living here? This is a stepping stone investment.
  3. We will try to find you a house that meets 75% of your wants or needs. Anymore than 75% is a bonus. If you can afford it, build a home with everything you desire.

When they start looking with these things in mind, Buyers understand that they can enjoy life and have a nice house. If a couple both have to work to make a mortgage payment and live a lifestyle above their means, we all pay in the long run...

Authored by Paul S. Henderson, Realtor ®, RE/MAX Professionals, Dupont & Lacey, WA.

(http://phenderson.net) or http://www.lacey-washington.com

©2008 Paul S. Henderson, All Rights Reserved

Posted by

and courtesy of 

Paul Henderson, Residential Real Estate Broker

Realtor ® ABR, BPOR, CRS, GRI, CDPE

RE/MAX Professionals

As a Residential Broker and Relocation Specialist, I sell homes in or around JBLM, DuPont, Tacoma, Gig Harbor and Hartstene Pointe in Washington State.
Please visit my website at http://www.phenderson.net to search for homes and information 

(all information is believed to be accurate but is not guaranteed or warranted in any way)


Referrals are always welcomed and appreciated, Thank-you!

(As a member of the NWMLS, this blog post is intended to comply with NWMLS rules as pertaining to blogging.)

 

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Comments 4 New Comment

Show All Comments
Rainmaker
128,917
DALIA KIBBY
Selling Broward County Homes with Passion!
Keller Williams Realty Partners SW

So true!  And how about those 1st-time buyers who have barely scraped a little down payment & then go out & want the home to be recently remodeled, well located & much cheaper than other comparables.  I received a call the other day from such a 'customer'.  I commented that she wanted the perfect trifecta of price, condition & amenities.  If they're unrealistic, then I can't help them.

August 13, 2008 11:46 AM
Rainmaker
76,119
Randall Schrader
Competitive Insurance of Dundee

We want instant gratification and in Soooooooooooo many cases, WE GET IT!  Which makes us desire it more and so on.  Watch an old "Little house on the prairie" show.  My kids don't get it.

In your case, comprimise is the best route IMO.

August 15, 2008 11:01 AM
Ambassador
1,139,664
Paul Henderson
I always put my clients first in any transaction!
RE/MAX Professionals.

I truly believe it's because on TV everything gets solved in an hour or less. On HGTV's Househuntes the find the perfect home in 30 minutes and show the people at the end enjoying their home 3 to 6 months later at the end before running credits... 

August 13, 2008 12:04 PM
Rainmaker
76,119
Randall Schrader
Competitive Insurance of Dundee

Reality check!  Some folks are convinced that they can call the shots since it's a buyers market.  And, some are succeeding as an example for the rest. 

August 15, 2008 11:03 AM
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Paul Henderson

I always put my clients first in any transaction!
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