THOUGHTS ON REAL ESTATE Thursday, June 9, 2011 It's not always goodThere are occassions more often than not in this profession where things just don't seem to pull together like they should or as they appear that they will. There is a high level of disappointment and frustration for buyers and sellers that comes with offers that fall apart, unaccepted offers, failure to remove or to not have subjects removed on a property. The stress can be enormous as the expectations and emotional investment are generally high.
So much of real estate transactions come down to time and the ability of both parties to be able to fulfill the terms and conditions set out in moving toward the purchase of a home. Contracts are intended to be written to give all parties the best protection during the process. But no one can protect what you feel and how you experience the outcome. It can be devastating to lose the house of your dreams because your current home hasn't sold or the buyer is unable to remove the subjects to complete the sale. Sometimes, as the buyer there is a failure to get financing or there are just too many issues with the home to safely make the purchase.
None of this feels good.
One of the best ways to mitigate the emotional process is to develop an open and honest relationship with your realtor. It's important from the beginning to talk about expectations, possible challenges, dreams, plans, goals etc so that your realtor understands who you are and what you want and can help you to be prepared for mulitiple outcomes. Sometimes, the unexpected happens and there is no preparation. That said, a relationship based on trust and good communication with your realtor can not only help with the rocky bits but they will be there to share the joy as well when it all comes together!
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