Thursday, December 3, 2009

Dating & Buying Real Estate - are they really that different?

Men have predominantly been the buyers & sellers for years in Real Estate– however as women become more successful & strive for equality we are finding a lot more women entering the market place. However for most women real estate can be a little boring & the negotiation is usually left up to the male partners, brothers & fathers. I have applied a few simple rules that most women know about dating in how to successfully find & negotiate your way to a new home.

All the rules that apply to finding a partner are exactly how real estate should be approached. For the male readers – what turns you off in a female is the same behaviour that should be avoided when buying real estate – I’m sure some of you will be nodding your head as I cover off on these 5 basic rules.

No. 1 See it as a game – don’t get too attached to any one property. We’ve all heard this before when looking for a partner – “don’t get attached too early otherwise you could wind up hurt” and it is very similar in real estate – don’t set your heart on one particular property. Do your research (Play the field).

No. 2 Buying real estate is like playing hard to get. Many females are very familiar with this term when applying it to finding a partner. However some buyers make the number one mistake of coming across as too “needy”. If the agent isn’t calling then move on to the next house. Agents should be calling you! When finding a partner, females generally give the male some attention and then act nonchalant once the male is interested. Exactly the same rule applies when buying real estate – throw the agent an offer, then wait.

No. 3 Don’t’ babble on (Less is more) – men generally find this boring – however real estate agents find this really interesting, the more you talk about the home your inspecting the more the agent can evaluate how much you actually like the property they are showing you. In saying that do communicate with the agent about what it is you like but be direct and to the point therefore giving yourself every opportunity to find the home suitable for you.

No. 4 Desperation to have someone, anyone, can cause you to settle for less and less is not generally more. Don’t settle for anything less then what you expect in a property – if there is something that doesn’t fit what you are looking for, don’t compromise as you will only regret it later.

No. 5 Too many women are waiting for a rich, handsome, prince charming to sweep them off their feet. I know I said previously don’t settle for anything less than what you are looking for – however there are certain things that you will have to compromise on. I have had too many inspections that find the fridge spot an issue and this has deterred some buyers as their current fridge simply would not fit. Nothing will ever be this perfect – so there are some things that you must compromise on.

By no means am I a wiz at dating however follow these simple rules and you can’t go wrong… don’t take it all too seriously, remember there is no rush – and always play a little hard to get.

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