Monday, October 17, 2011

W.I.I.F.M.?

Whats in it for me (W.I.I.F.M.) to accept?
A question buyers and sellers ask themselves when negotiating a housing transaction, especially true if they 'feel' they made a good offer or counter offer.
Don't be shy to ask your Realtor, "whats in it for me?". This would typically pop up when you have received a less than list price offer or you are buying and your offer was countered. Utilize the value of your Realtor and listen to some points of consideration that could be useful in digestion of what is on the table.
Full time Realtors are constantly working in the housing market and the one you chose has a fiduciary responsibility to your needs if they know them. A major value in a Realtor is the fact they are not AS EMOTIONALLY involved as The Buyer & The Seller. Your Realtor could have some good insight to consider, a way to allow time to consider all options which relieves pressure for a quick decision. A Realtor has access to data that could make a decision to keep looking (for another buyer or another home) more digestible.

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