William Pitt Sotheby's Int'l
Kristi Vaughan, William Pitt Sotheby's Int'l
Email: [email protected]

Tips for Homebuyers: How to Handle High-Pressure Situations

by Kristi Vaughan 05/26/2019

Completing a successful homebuying journey may be difficult, especially for those who do not plan ahead. In fact, high-pressure situations may arise that lead you to make rash homebuying decisions. And if you make the wrong choices, you risk paying an exorbitant price to acquire your dream residence.

There is no reason to let high-pressure situations cause you to make poor decisions throughout the homebuying journey. Now, let's take a look at three tips to help you map out your homebuying journey so you know exactly how to handle any high-pressure situations that come your way.

1. Maintain Flexibility

A high-pressure homebuying situation may make you feel like you are backed into a corner. However, it is important to remember that options are always available. And if you take a deep breath and step back and review a high-pressure homebuying situation closely, you can determine the best course of action.

Those who maintain flexibility as they try to acquire their dream home may be better equipped than others to handle high-pressure homebuying situations. Because if you maintain flexibility throughout the homebuying journey, you can take an objective view of the options at your disposal and proceed accordingly.

2. Establish a Budget

A budget generally is helpful, particularly for those who want to acquire a terrific home as quickly as possible. If you have a budget in hand, you'll know exactly how much you can spend on a home. Then, if you face pressure to increase your offer to purchase your dream residence, you'll know whether you have the financing available to do so.

Keep in mind that the costs associated with purchasing a home extend beyond the price of a house itself, too. As you establish a budget, you'll need to account for closing, appraisal and inspection expenses and various other fees in addition to the cost of a house itself.

3. Work with a Real Estate Agent

A real estate agent can take the guesswork out of buying a house. He or she also will go above and beyond the call of duty to alleviate stress and ensure you can proceed with confidence as you pursue your ideal residence.

Let's not forget about the guidance that a real estate agent provides when you're ready to submit an offer to purchase your dream home, either. At this point, a real estate agent will help you craft a competitive offer to purchase your ideal house. He or she next will submit this offer to a seller on your behalf and negotiate with the seller as needed. If you and a seller come to terms on a home purchase agreement, a real estate agent will help you close on your dream home as well.

For those who want to simplify the homebuying journey, it helps to prepare. Thanks to the aforementioned tips, you can get ready for high-pressure homebuying situations and speed up the process of acquiring your dream residence.

About the Author
Author

Kristi Vaughan

For all of the disruption in the real estate industry, one critical aspect will never change -- the need for a good, solid real estate agent with truly local knowledge who puts your interests first. Kristi is one of those agents. A real estate agent since early 2005, Kristi has built her business with the idea that if she serves her clients well, success will naturally follow. And it has. What this means for you is that Kristi is on top of it, whether it’s getting you into the newest homes to hit the market, knowing the staging and marketing trends to help show your home in the best light or keeping tabs on the myriad details of an individual transaction. If something needs doing to help you meet your real estate goals, Kristi is giving it her full personal attention. Aided, of course, by today’s technologies. “As the mother of millennials and a homeowner of a certain age myself, I have a sensitivity and respect for the needs of first-time homebuyers, down-sizing sellers and everyone in between,” says Kristi, adding, “I measure my success not by numbers and awards but by the satisfaction of my clients.” A top producer, Kristi has won numerous Bronze, Silver and Gold Awards and has been recognized for many years by Connecticut Magazine’s Five Star Program for excellent customer service. In addition to being a member of the National Association of Realtors, Connecticut Association of Realtors and Ridgefield Board of Realtors, Kristi is a Senior Real Estate Specialist, Accredited Buyer Representative and is e-Pro certified. She is fully trained and experienced in working with relocation clients from near and far. Give her a call.