Let’s continue our Buyers’ Top Ten Mistakes series. The second big mistake many buyers make is having unreasonable expectations.
Buyers tend to have unreasonable expectations in a few categories: the houses they look at, the people with whom they work, and the overall transaction process.
Unsavvy buyers either:
1) expect that everything will be fantastic and smooth. They expect that the agents and lenders are magically able to read minds (which we can’t) see the future (ditto) and work miracles (which we can, sometimes, but we need ALL the information, thanks). They expect that every house they see will be beautifully staged, perfectly clean, and ready to move in.
They plunge heedlessly headfirst into the tangled undergrowth of buying a home, only to be brought up short by unpleasant surprises further on.
Welcome to the Jungle.
or
2) expect that everyone they encounter will try to take advantage of them. They expect that anything an agent or lender tells them will be either something the buyer already knew, or said with ulterior motives. They expect that every seller is hiding deferred maintenance and hazardous defects below their tackily-decorated, overpriced listings. They expect that every piece of paper they sign will have some clause about the soul of their firstborn.
They bluster and bully their way past a bevy of ethical, knowledgeable professionals, not realizing those professionals hold the keys to the successful transaction the buyer desired in the first place.
I am suspicious of your intentions ...
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