Keeping emotions out of the equation

Understandably, many of us have a strong emotional attachment to our homes. However, when it
comes to buying and selling a property, we must try to ensure these feelings do not affect the
important judgments that must be made.

Here are three situations where you should avoid letting emotion get in the way of negotiating the
best deal.

1. When you aren't sure about a home
'Analysis paralysis' is a common saying, warning of the perils of overthinking. You may become
nervous about committing to a purchase, unsure about whether something else is out there.
The consistent research will help you to overcome these nerves and allow you to act quickly and
confidently when the right property appears.


2. When you have found the 'perfect' home
It is important to avoid overextending yourself for what seems like a 'dream home'. Before letting
yourself fall in love with a property, ensure it fits within the price range you have determined. Also,
ensure the right inspections are completed so you do not overpay for a property that may not live
up to your expectations.


3. When you are selling a home
When the time comes to sell a home you have loved, it is important to emotionally detach yourself
and let go. Be open to the advice of agents, for example, when attached to your property may
affect setting the most desirable price. Whilst this may be hard, agents will have the best result for
your property in mind.

Disclaimer: The opinions posted within this blog are those of the writer and do not necessarily reflect the views of CENTURY 21 Australia, others employed by CENTURY 21 Australia or the organisations with which the network is affiliated. The author takes full responsibility for his opinions and does not hold CENTURY 21 or any third party responsible for anything in the posted content. The author freely admits that his views may not be the same as those of his colleagues, or third parties associated with the CENTURY 21 Australia network.