Real Estate Psych 101: 7 Real
Estate Stress Busters
By:
Christine Boccio
You can search the newspapers and the
internet and find an abundance of information on home buying and selling. A
multitude of professionals will offer you advice on mortgage products and
preparing your home for sale. Where can one find information on preparing
yourself and your family emotionally for the move? Planning ahead
emotionally may be the key to a painless and perhaps, pleasurable move.
Understand the Market: It is hard to miss all the media attention on the
Real Estate market. Newscasters and analysts looking into the proverbial
crystal ball to predict market trends can be confusing. Rely on reputable
sources and seek the advice of a Licensed Realtor. A good Real Estate agent
will educate you and help with expectation setting.
Price Your Home Correctly: Herein lies the key to your emotional well-being.
If you price your home appropriately you will sell it. If you price your
home based on emotion or what Mr. & Mrs. Smith told you they received for
their home, you will sit with an over priced property for a very long time.
Hire a Licensed Real Estate Agent: Interview agents in your area. Your agent
should be knowledgeable of the area, able to appropriately market your home
to get you the maximum exposure but also should be someone you can talk to.
Your agent will handle all showings of your home and work to get you the
best price for your home. Find someone you feel comfortable with.
Research the area you are moving to: Aside looking into the school district,
local government etc, also check out restaurants, shopping centers, social
clubs and town events. Knowing where you can find all your creature comforts
is the key to feeling at home.
Moving is a Family Event: Family discussion and involving children in the
home shopping and moving can help ease the transition. When children fell
they are part of the moving process, they typically feel better about the
move overall.
Accept that the home you are moving into will be different: You made your
home special! All of the improvements and unique features where most
probably done by you. Just like you made your current home appealing, you
will do the same in your new abode.
Quality vs. Quantity: Particularly for the people looking to down size or
“go condo”. Right now you have many bedrooms, lots of living space, a yard
and a private driveway. It becomes hard to justify spending a good portion
of what your current home is worth to purchase a condo or co-op. However,
you will no longer have the worries of property maintenance. You can sit
back and enjoy your new space (and often the many amenities that are
included in a development) while someone else does the work. Besides, you
really do not need five bedrooms anymore!
Educating yourself, open family discussion and the help of a competent
professional may be all the Real Estate therapy you need. Good Luck and
Congratulations on your move.
About The Author
Christine Boccio is a Licensed Real Estate agent, a member of NYSAR and the
Long Island Board of Realtors. She works with Prudential Douglas Elliman
Real Estate in Long Beach, New York. Christine holds a Masters in Business
Administration as well as a Bachelor in Psychology. Professionally trained
by the Sandler Sales Institute, IBM and Computer Associates, she brings a
new and refreshing approach to the Real Estate profession. To contact
Christine, read additional articles or view properties, please visit;
www.christineboccio.com .
cb@christineboccio.com
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