When searching for a home right now, it can be very frustrating to fall in love with a home, just to find out 20 other people love it too. You prepare your offer, put in your best efforts and find out you got your butt kicked.
Sometimes Losing isn’t the Worst Outcome
When competing with 10+ offers, it’s very common that a few buyers may purchase on emotion and frustration and sometimes pay a little more than you expected. Houses are selling today on subjective value.
To one buyer a house may be worth 20,000 more than what it’s worth to someone else, due to many factors. This makes it hard to determine true market value. In this case you can only do your best with what you’re comfortable spending and if someone pays more, that’s okay.
Don’t Lose Faith. Stay The Course
When you lose out on a few homes, it’s important to keep a level head and continue on. Don’t get emotional, that will only result in more frustration and irrational decision making.
In the end, there will be a beautiful home waiting just for you! We are here to help you find that home and fight through this market to find it.
Give us a call! We are ready to go.
– Your Realtors For Life.
