Keeping emotion out of the equation

Keeping emotion out of the equation

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

Posted by Charles Tarbey on 01/04/2016 at 4:15 PM | Categories:

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