CUSTOMIZING YOUR SHOPPING FOR REAL ESTATE
We all know what it means to go “window shopping.” We are just looking around and haven’t really made up our mind as to what we want. However, the more you look the more you narrow down your shopping to exactly what it is that you want.
When shopping for a house it is always fun to look at houses above our budget and dream about what we look forward to having someday. However, if you are serious about buying, you need to determine a price range within your budget and a general area of town or country in which you plan to purchase.
Make a “shopping list’ of all the things that are important to you in a house – no matter how significant or insignificant. What would you like? Write it down in no particular order. Everybody in the family can get involved. Price, size, location, style, number of bedrooms, number of bathrooms, type of kitchen, yard, etc., etc. Just keep adding to the list. Now go back through the list and give each item a value of priority from 1 to 5. Evaluate exactly what you are looking for and what is the main reason you are moving. Now go back and group all the 5’s together, the 4’s together, the 3’s, 2’s, and 1’s. You get the picture.
Now go shopping. As you look at houses, score them as to how they add up on your value chart of what you are looking for in a house. Yes, your idea of what you think is important may change a little. That is OK. Just make a new list based on all you have learned from “shopping”. Try to find the top scoring houses according to your list. Do not be distracted by a house that has that “perfect one thing” but stacks up poorly on the rest of your evaluation list.
Being a smart shopper will keep you from wasting time window-shopping or making an emotional quick decision that you might later regret.
Wagon Trail Properties
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