Posted April 29 2010, 2:25 AM PDT by Noelle Bortfeld

What are you afraid of?

Posted in Buying and Selling by Noelle Bortfeld

Fear.  Just the word alone scares me.  A well-respected real estate professional once told me that there are 4 big fears for buyers and 3 big fears for sellers.  Think you can name them? Post away!!

I'll post the answers next week. It will be interesting to see if they match up with your answers.


4 Comments

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  • Great post, if agents know these are the most common fears they can prepare to address them in their listing presentations and buyer presentations! Thanks for the reminder.

    Posted May 10 2010, 10:40 PM by Marie Flanders

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  • You guys are right on! Here is the official list:

    Buyers biggest fears:
    1) Losing the house due to a better offer from someone else
    2) That the house must be missing something
    3) Paying too much
    4) That something is wrong with the house

    Sellers biggest fears:
    1) Not selling the house
    2) Selling the house for too little money
    3) Paying the realtor too much

    Posted May 05 2010, 1:25 AM by Noelle

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  • Fear for buyers, my guess would be:

    1. Fear of making the wrong descision
    2. Fear of buying into a money pit
    3. Fear of missing out on something better
    4. Fear of falling in love with a home, and not being able to be qualified (or someone else buying it out from under you).

    Fear for sellers, my guess would be:

    1. Fear of not selling (and being trapped)
    2. Fear of choosing the right realtor
    3. Fear of having to lower asking price expectations (and losing money on home)

    I'm curious to read the comments and your response as to what they really are....

    Lynda Quintero-Davids (aka NYCLQ)
    nyclq-focalpoint.blogspot.com

    Posted May 01 2010, 5:21 AM by Lynda Quintero-Davids

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  • Hello Noelle.
    Interesting question you pose. Well, I will give my input without the fear of not having the correct answers.

    Buyers Fears of: paying to much, having buyers remorse, having enough money, and of being taken advantage of.

    Sellers Fears: home will be underpriced/selling to low, selecting the right agent, sale fail due to inspection.

    Looking forward to what others have to say and what you unveil to us next week.
    Thanks

    Posted April 30 2010, 5:14 AM by Richard Bell

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