Night Sweats, DT’s, Tossing And Turning | What Real Estate Sellers, Buyers Worry About.
Late at night, things happen to cause buyers and sellers of Maine real estate to wake up. Stay wide eyed.
To toss, turn and worry about the property purchase and sale process. How come?
Not an exercise they find themselves doing every day. It’s one big chunk of money to fork over. Or saddle up to apply the lien with the notarized promissory noteis personal guaranteed to at the closing.
When a long mortgage payment is applied to their monthly budget.
When they already juggle lots of other financial obligations.
You want to keep it smooth sailing, easy does it.
Running out of money, what if I lose a job, the car acts up and needs an expensive repair at the world’s worst time? Or how to pay for kid’s braces, fund those college education accounts? How to make ends meet and can I really afford this buying, selling of a property? Is this the right time? So I can sleep nights inmy new Maine home.
How secure is my job and if there were employment layoffs, where would my neck be in the line up on the chopping block?
Takes time to weigh the options in anything involving real estate. The life largest purchase for most. Worry about the unknowns in life linger. Gives you a sinking feeling. Especially if tight resources make the money extra precious.
Squeasy, uneasy feelings enter the head and stomach of real estate buyers. With no nest egg squirrelled away especially. And even though a Maine bank is smiling, saying you are all approved. Can you pull really pull this purchase off successfully? You may not be so sure.
To buy a Maine home, or to rent an apartment is not a fun discussion to have without yourself either.
Because home ownership is the dream of all in the land right? To be connected. Part of a community as a tax payer who studies, serves on boards, votes on the issues facing the burg.
But shelter, I think we can all agree. It is one of the most basic needs. Up there with food, water, love. And lots of emotion is tied to the real estate property listing for the seller too.Because with homes, everything from bringing in the new born babies one by one, the Thanksgiving turkey, the Easter Ham and the Christmas tree, for all those holiday celebrations.
Under the same roof, everything from day one to graduation of the kids happens in the Maine family home. In small rural areas, often the same home. One passed down to them from the last generation.
There is no place like home.
Whether you are buying, selling.
There is plenty of human emotion involved.
So as the Maine real estate agent, broker, REALTOR it is important to remember the first time we bought a property. Your buyer is in the same set of mocassins.
The seller who built the home from scratch and carved out a life inside these four walls is plenty attached strongly too.
Am I making a big mistake? The thought rolls around in the head of buyers and sellers of Maine real estate. It should. Lot of marbles involved.
The tug to let go of a place even though in their head it makes sense. Does not always mean the heart is lined up singing the same song. Getting the two on the same page takes timing, listening, patience. And real estate experience with plenty of empathy. Mixed with real estate candor.
A mistake in real estate is not so easy to overcome.
Could mean a lifetime of paying the price for the making the wrong move, a misstep.
When the Maine home is too small, it is a no brainer to trade it and buy up. If adding on to the property is not the best option. If you can afford the stretch and flex of the usually larger payment.
But when you have the Maine home for sale just the way you wanted it, and to replace it is not the easiest task, fear enters the room.
And is the ability to buy another Maine home possible before selling the old one. If peddling one to buy another is the case, get out the real estate dominos.
Everything hinges on sell one, to buy one. And when there are a row of those same scenarios backed up behind the purchase contingent upon a house sale. Watch out.
There is always the chance one sale contract contingency failure will cause the whole long line of Maine house of cards to tumble. One sale derailing another one happens and we deal with the dust yourself off.
Time to keep a stiff real estate upper lip.
To pick up the property pieces and start plugging in the back up buyers.
From calls, emails, visits that expressed interest in the property while it was under contract.And that we promised to let know if the sale failed and the property listing came back on the current market.
Knowing, it is not over until the pass the keys please. Or the last piece of real estate property transfer paperwork is signed correctly. Duely recorded in the registry of deeds where the listing is located on the planet.
So being sensitive to the buyer and seller is key. Making yourself available as the real estate professional is so important. Round the clock for cell calls, text messages, office visits and extra attention.
Even after setting the expections, explaining the real estate list, market, sale process. Because the guy and gal wearing the blue and gold “R” does this everyday. The buyer and seller of a Maine home, any kind of property does not.
I tell buyers and sellers after the initial sit down to go over how the process works, to expect to ask the same question again.
As many times as needed. Because I can explain it sufficiently during a discussion, but when worry comes into the picture, all the talking details can get lost. Being scared causes folks to want to run.
Answers forgotten because it is not something that is routine for the buyer or seller of Maine real estate.
So as often as needed, let’s talk and discuss the buying and selling, the real estate marketing process.
We make buyer and seller Maine real estate resources available too. So everyone can tap into the knowledge bases offered in regular, fresh content blog posts on all the pertinent subjects.
Knowledge is power and it is hard telling without knowing is the Maine expression. We don’t want anyone left in the dark. Or swallowing questions that may need immediate answering.
A couple of times from different approaches works best. Mum is not the word and there are no dumb real estate questions.
Are you ready to buy or sell some property in Maine? We are all in this together.
All starts with sincere listening, determining the gotta have, don’t want list and spelling out everyone’s expectations.
To make it work, have a smooth, quick, happy ending. It is an honor, privledge to represent buyers and sellers of Maine real estate.
207.532.6573 | [email protected] |
MOOERS REALTY 69 North Street Houlton ME 04730