I previously wrote a blog post that talked about how buyers narrow down the properties they want to see from thousands to about 10-15 properties. This is what happens from there...
The average first time home buyer, because they've seen so many listings on paper (meaning online), can and will buy a house the first day looking at properties in person within 5 houses they view. The average move-up buyer can and will buy a house the second time looking at properties in person within 7-8 properties they view.
Really? No way!
With so much inventory, why wouldn't a buyer want to see every single listing available? It's like chasing the open parking space in a parking lot. You drive around to find the closest spot. You find one... but then decide there has to be a closer one. You try to find it, and can't, so you go back to the other spot... but it's gone.
What happened? It was a good spot and someone else saw it for what it was worth.
You continue to drive around to find a spot, and you find another one. You put your finger on it while you double check there isn't a better one... ooops, that spot it now gone too.
The cycle continues because you're afraid you're missing out on something if you don't see everything, but in reality, you found something you liked fairly early on in your search and you're afraid to commit, and when you're ready, the house is gone. Many people repeat this cycle three and four times before finally realizing they need to "Jump or get off the pot!"
Did you find absolutely everything you were looking for in a house? Probably not. Do most people find everything they're looking for when they buy a house? NO! Most people make a list of their needs and wants. Yes, the needs are important, but the wants can be compromised. Do you need 3 baths, or is 2 1/2 going to work well for you? Do you need 4 bedrooms, or will 3 bedrooms with a study work for you?
Once you can set your mind to actually wanting to buy a house, you'll understand how to look for what you need verse what you want. If you're psychologically not ready to buy, you'll look at 50+ houses and never write an offer... What fun is that?
**Are You Packed Yet?**
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
** #1 Agent in my Office for all of 2008 **
Copyright© 2009 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Houses for Sale - Austin TX Buyers - JUMP or Get off the Pot! * was first published on donnahomesblog.com