Buying a home is exciting and when you’ve found “The One” that makes you feel like this is your home you get even more excited because in your mind, you’ve moved in all ready.
That’s when most people start blurting out everything they love about it and way too much information while the seller or their agent is standing there. You can tell your agent all of this, but you can not say these things to the seller or their agent. In the end, what you say can harm you in more ways that you know. How can this excitement affect the sale of your dream home to you? Keep reading and I’ll explain.
Comments like these are going to affect the purchase of your new home:
“That Needs To Be Replaced . . . it’s the first thing to go.”
Even if you’re thinking this, don’t let on. The owner often doesn't see the home the same way you do and will think you’re saying that to lower the price (and that may happen), but it’s not your job to tell them what’s wrong and pre-negotiate the price. That’s your realtor’s job.
“I Can Afford To Spend XXXX On This Home?
It’s important for a home buyer to know how much they can spend on a home and that information is also important for your real estate representative to know too. But, a seller doesn't need this information. This really limits your agent in their negotiations. Once a seller knows what you can spend, they will ask for full asking price without negotiating. They want the most they can get and you’ve just told them that, that’s fine with you. “If you are ever asked by the seller or the seller’s agent about finances, you can tell them that “You are looking for a home that is priced fairly”.
“That Bedroom Set Is So Ugly”
You’re not there to buy their furniture, they are taking that with them. All the seller hears is that just insulted them and once you do that, they will not negotiate with you and they may look for another buyer. Keep your opinions to yourself.
“This Is My Dream Home”
When you say that, the sellers agent or the seller is going to assume that you will pay what ever the price is to get this home. Once again, all negotiating is off the table. Never tell them what’s on your mind. Your Realtor loves to hear this from you so they can do some heavy negotiating to get you, your dream home.
“Why Are You Selling Your Home?”
Never ask why a home owner is selling their home. You don’t know if they have to sell for personal reasons that are upsetting to them. They could be going through a divorce or something equally as upsetting. You will make the home owner feel really uncomfortable and they will less likely open up to you as a buyer after that, they will be afraid you will ask more personal questions.
“The Price is Outrageous.”
You may be thinking this, but again, never say it out loud. Ask your Realtor about comparable’s for the neighborhood. They may be right on target, but they may not be. It’s up to your real estate agent to inform you of this.
“I’m Only Going To Offer You XXX For Your Home.”
Never tell a seller or their agent what you are going to offer and never ask your agent to submit multiple low ball offers. It’s not a good idea to insult the person (the homeowner) with ridiculous offers. The home owner won’t take you seriously as a home buyer and neither will your agent. Your agent is experienced; they know what a home will go for in an area you want to live in. Take their advice or the seller could say they are no longer interested in dealing with you or your real estate representative.
To this end, it’s always best to talk to your agent about any concerns, information or offers you want to make on the home you just fell in love with and want to buy. They work for YOU, not the seller of the home. You are the most important person when it comes to buying a home.
Play it smart and you will get that home of your dreams. A skilled agent is there for you to represent you, let them work hard for you.
I would be happy to help you find and move into your dream home, please feel free to contact me (Irene Bilinski – 613-858-1151), or book a complimentary private consultation to discuss your new home requirements.
