How to Defeat Buyer’s Remorse
by: Jeff Quintin, on September 9, 2016 - Uncategorized
What is buyer’s remorse? How can you overcome it?
If you’re a buyer and you’re looking to buy a property, it’s natural to start thinking about all the things that are important to you in life.
One of the things I always recommend doing at this point is drawing a line down the center of a piece of paper. Then, list all the positives and negatives of the upcoming purchase. After that list is complete, put it aside and save it for later.
This is buyer’s remorse.
In the real estate market, everyone is going to get remorseful at some point. It not only affects buyers, but sellers, too. To those experiencing buyer’s remorse, I say this: get that piece of paper back out. You started this process thinking logically about what was important to you. Read over that list again and remember why it was important to you in the first place. Let all those positive thoughts come back to you.
Fear will always creep into our minds, no matter what the situation. Unfortunately, everything we always want is usually hiding on the other side of fear. That fear is our mind trying to protect us from getting hurt. That list will help you overcome that fear. It will help you break through your buyer’s remorse and understand why you made the right decision.
If you have any questions or are thinking about buying or selling a home, give us a call or send us an email. We look forward to hearing from you!