3 costly mistakes buyers make and how to avoid them

Losing money sucks.

Unfortunately, I see too many buyers doing just that every day.

These are good and smart people who lose tens of thousands of dollars when buying a home and it eats me up inside because the mistakes were avoidable!

You don’t want to lose money so I wanted to quickly alert you to these costly mistakes so you can avoid them:


1 ) They buy more house than they can afford.

You have a budget and an agent should respect that. Sadly, many will try to “upsell” you into something bigger than you can really afford. They make more money this way but you end up with the large monthly bill! I never do this. A few extra bucks in my pocket isn’t worth the lost sleep I’d get from knowing you’re overextended. If you have a budget, please stick to it.

2 ) They don’t hire a good negotiator.

Most people hear the word “negotiation” and think “confrontation.” But if you want to get the best price on your next home, you’re going to have to find someone who loves to negotiate. Surprisingly, most agents HATE confrontation. They get uncomfortable and you pay the price. I love to negotiate on behalf of my clients. To me, negotiation isn’t about confrontation. It’s about getting all parties to agree and it’s what makes me different than the average agent.

3) They don’t hire an agent to represent them.

Many people believe that working with the seller’s agent will save them money due to reduced commissions. This is rarely the case. The seller’s agent is working in the seller’s best interest – not yours. Since the seller typically pays the commission for both agents, they’re the ones who win in that deal. You, on the other hand, are out more money than you might have been with an agent who was legally responsible to your best interests.

So there you have it! These are just 3 of the costly mistakes I see buyers making.

My hope if you’ll avoid them when you go to purchase. As a specialist, I help people just like you find the perfect home for the best price. I’d love to do the same for you when you’re ready.

On a side note, there are great deals hitting the market every day – even in this hot Hamilton / Burlington market!

Do you want me to send you an updated list? Just email stephanie@therealtydeal or text my cell at 905-630-8255


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