Here are 4 Key Factors involved with making the right decision when buying or selling a home ….
- Complete & Accurate Information. Over history it’s been said there are two factors to consider in making a real estate decision. There are positive and negative factors to almost every decision. First, has your realtor provided you with all the information you need to make the right decision? Second, is the information accurate? If you have complete & accurate information in front of you, chances are this is the best time to make a decision.
- Timing. There are many factors that come into play when deciding to buy or sell property, and timing can be one the most important factors. At any given moment, there is a certain number of buyers vs. a certain number of sellers in the marketplace. These numbers vary every day and sometimes by waiting to make a transaction you’re making a big gamble. It’s important to work with a real estate professional that cares enough to take the time to learn about your objectives so you can make a timely, informed decision.
- Long Term Impact. It’s always good to take a step back and look at what the decision you make will mean to you a year from now, two years from now, and five years from now. Not making a choice is, in fact, making a decision that could impact you in the long-run. Don’t let something minor in the present effect your long-term benefits. Take advantage of a realtors experience to help you sort out what’s important to you now and what will continue to be important to you in the future.
- Do What Benjamin Franklin Did. Take a piece of paper and draw a vertical line down the middle. Write ‘Pro’s’ in one column and ‘Con’s’ in the other. Yes, a literal Pro’s and Con’s list. Write down the reasons to make the decision to buy or sell and then the possible reasons why you shouldn’t. This will help you make a logical choice when you visually see the benefits versus the difficulties.