Real Estate: The Myth of the ‘Number’ and ‘Overpaying’

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By Mike Cotter
Buying or selling a home is not rocket science.
I mean, how hard can it be?
Buyers have a pretty good inventory to choose from, at least in San Clemente.
Sellers have a relatively robust market to sell into–escrows are closing at a decent pace.
In other words, the free market is working just fine.
Both parties have competent guidance easily available to them, such as real estate agents, escrow people, loan officers, home inspectors and other professionals. Even “short sellers” get to have attorneys at no charge to them.
So why is it that most prospective buyers fail to buy even after six months of looking, and most prospective sellers fail to sell within that same time period?
They’re only hurting themselves.
Many buyers think they know what they want, but they really haven’t made up their minds. They say they want four bedrooms close to good schools, but then find themselves falling in love with smaller homes with ocean views. Agents have a saying for this: “Buyers are liars.”
But buyers aren’t really liars–they just often fail to really commit to solving their housing needs. Everyone would like a better home to live in, but very few make a solid commitment to do anything about it. The result: Lookie Loos.


About Pamela's Blog

Pamela Diaz-de-Leon With an accomplished background encompassing Diplomacy, Architecture, Business and Film, Pamela Diaz-de-Leon brings to the real estate industry the entrepreneurial expertise which stem from her interdisciplinary experience. Her world wide network of distinguished personalities carefully knitted of relationships formed in her five years as the Cultural Attaché for the Instituto Cervantes, serving the King of Spain, in Chicago, and her Hollywood connections acquired while working with a recognized film distributor, give her the global platform in which she has developed her business with great success. Knowledgeable, informed and organized she holds ethics and integrity as her highest values thus, providing her customers with an excellence of service that ensures their utmost satisfaction and their continued loyalty to her work. Office. 305.677.5055 Cell. 305.720.8439
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