Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: What are Triggers to Home Buying?

What are Triggers to Home Buying?

Earlier this week, I wrote a blog about Triggers called Why Does a First Time Home Owner Buy a House. I've had many comments about this blog and I just wanted to touch on a few points.

I want to make sure people understand what a "Trigger" is.  A trigger is something that helps create an action.  A trigger is not necessarily a benefit of doing something.

For example, a few people commented to me about the $8000 First Time Home Buyer Credit and also mentioned about the tax breaks.  Those are benefits of buying a home, but those aren't triggers to buying a home.

Another example of a trigger is being tired of hearing your neighbor through your walls and the date they brought home last week was the last straw.

A trigger could be all your home owner friends that keep talking about refinancing and how low of a rate they got and their payments are "only" "this" amount, and it finally dawns on you that owning could be more cost effective than renting.

I hope that explains "triggers" a little better.  Yes, we all love the benfits of home ownership, but most of those benefits aren't realized until after you've bought and moved into the home.

**Are You Packed Yet?**

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com

Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.

 

 

 

Comment balloon 12 commentsDonna Harris • April 10 2009 09:56PM

Comments

I like that word. Trigger. Sometimes a request can be like a trigger too right? ;)

Posted by Greg Nino, Houston, Texas (RE/MAX Compass, formerly RE/MAX WHP) over 9 years ago

Donna, you're right about the distinction between incentives and triggers.  I had a downtown couple who were walking home to their apartment from the movies and spotted a guy peeing on their car.  Next day, I got a call to get them to the suburbs!

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) over 9 years ago

Donna, there's a sales coach out there that uses the philosophy of trigger events, Craig Elias. Kind of increases the sense of urgency.

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 9 years ago

Donna:  As far as my very old mind can remember... Trigger was Roy Roger's horse.  And yes, his horse was the "trigger" that helped him catch all the bad guys.  By the way... Roy's wife Dale Evans... her horse was named "Buttermilk."  Just thought I'd pass that little tid bit on to you.  Hope you all are well... have a great Easter Weekend !

Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 9 years ago

@ Patricia:  You know what happens if you get caught peeing on someone's car ?  "Urine" big trouble.  :)

Posted by Karen Anne Stone, Fort Worth Real Estate (New Home Hunters of Fort Worth and Tarrant County) over 9 years ago

Donna - GReat use of a follow up to explain triggers.  I do think though that the $8000 Tax Credit can be a trigger.  People see it as "free money" and nothing says trigger like that.

Posted by Matt Stigliano (Kimberly Howell Properties (210) 646-HOME) over 9 years ago

Greg, A request might be a trigger, but we all know some people just like to look for the sake of looking and that doesn't make them actually buy.

Pat, That's a great example of a trigger!

Gary, Yep, same concept.

Karen Anne, THanks for the history lesson!

Matt, It might be a trigger if they were waiting for something like that to make them buy, but since they don't get that money in their hands before they buy, I still consider it an incentive and a benefit to buying.

 

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 9 years ago

Donna - You bring up some great points on why someone would "pull the trigger" to make a positive decison to move foward !  These are great motivating factors.

 

Posted by The Somers Team, Real People. Real Dreams. Real Estate. (The Somers Team at RE/MAX Access) over 9 years ago

First time home buyers and newly weds that may be expecting it is shelter.  We refer to it as 'nesting!"

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (RE/MAX Paramount Properties) over 9 years ago

C&S, Thank you!

Jim, Yes, stats show that people will buy a house within 18 months of getting married or a new baby.

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 9 years ago

Donna - these are some good examples.  Who knows when a trigger will be pulled and the customer will be ready to go.  You have to be in contact and be prepared.  Thanks!

Posted by John Cannata, Texas Home Mortgage - Purchase or Refinance (214-728-0449 http://TexasLoanGuy.com) over 9 years ago

John, Exactly!  And drip campaigns make that happen!

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 9 years ago

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