You can't buy the first house you look at, can you?

By
Real Estate Broker/Owner with Cornerstone Business Group Inc 0225086119
https://staging.activerain.com/droplet/56rD

           You can't buy the first house you look at, can you?

You can't buy the first house you look at, can you? I hear that question a couple times a year. As a matter of facYou can't buy the first house you look at, can you?t, my Friday closing was a first-time buying couple who bought the first house they looked at. OK, that's not completely true. I forced them to look at one more on the same street, but they still bought the one the decided on before we met up for the first time.

 

I bring this up because there are no rules about which house you buy and when. If the first house you look at is the house that lights your fire, buy it. If you feel like you must look at a dozen to know the first one is the right one, that's fine, but be aware that it may not be there when you go back. That also happened this week. 

Can you buy the first house you look at?

A super sweet couple wanted to look at a few houses. We could only get one on the schedule for that evening, and they fell in love with it. It was perfect for them and it was nearly perfect in every way. We stayed in the house for two hours. Thank goodness there were no showings after us. 

 

They were pretty convinced that they had found the right home, but that nagging question kept coming back to their minds, "You can't buy the first house you look at, can you?" That spurred them to set up a few more showings of other homes a couple days later, and guess what? The house they fell in love with was also a house that someone else fell in love with, but that buyer didn't hesitate. He bought it. 

 

My advice is this, if the first house you look at meets all of your criteria: size, condition, location, amenities, price and style, then buy it. Don't let some other buyer steal your dream home because of some mystical suspicion that you should have looked at more.

 

If the first house doesn't meet your criteria, keep shopping, but don't be afraid to make an offer on a house because it's number 1 rather than number 15. If it's right, it's right. You can't buy the first house you look at, can you? Yes you can. I've had it happen three times this year alone and all three families are thrilled with their purchase. 

 

When you're ready to buy that first house you looked at or the tenth one, be sure to give Cornerstone Business Group, Inc., a call. We are your local real estate sales pros.

 

This post was originally posted at www.winchestervarealestaste.com: You can't buy the first house you look at, can you? #mikecoopersellshomes, #cornerstonehomesales, #winchesterhomesales, #yourlocalrealestatesalespros.

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Rainmaker
1,900,213
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

More than once I have sold the first home a buyer looked at.  It does happen!

Aug 13, 2017 02:53 AM #19
Rainmaker
1,900,213
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

CONGRATULATIONS Mike, on having this blog FEATURED in the Old Farts Club group!    

Aug 13, 2017 02:54 AM #20
Rainmaker
965,020
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Absolutely! If you fall in love with the first house, buy it!

Aug 13, 2017 03:18 AM #21
Rainmaker
576,244
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Some people just know. "If the shoe fits, wear it"

Aug 13, 2017 04:38 AM #22
Rainmaker
2,129,596
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Not just houses either...When I have a purpose, my start and finish is activated

Aug 13, 2017 06:26 AM #23
Rainmaker
344,973
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

They're fortunate the house wasn't scooped up by someone else why they second-guessed themselves. If you've done your research and know what you want, it doesn't matter if it's the first house or the tenth.

Aug 13, 2017 06:53 AM #24
Rainer
349,760
Sham Reddy
H E R Realty, Dayton, OH - Dayton, OH
CRS

Od Course you can, but why would you?

If you feel like you must look at a dozen to know the first one is the right one, that's fine, but be aware that it may not be there when you go back. 

Aug 13, 2017 08:13 AM #25
Ambassador
792,539
Lynn B. Friedman
Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ... - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

@MIKE COOPER ---  So true - if it is right -- they can buy the first one they see! In fact, my most read Blog post is about that exact topic. Four times as many readers as my next highest post traffic.

How did it happen? Knew the Client and their needs. I had managed the house as a rental before the Owners lost it to Foreclosure*.  Notified the Buyers when it was announced as a "Coming Soon" on the Fannie Mae site.
We looked in the windows - never even walked around inside. Immediately prepared the offer and then waited to submit it at 12:01 am on the first day possible. And we were the winners!  So much fun! All the best - Lynn

*Foreclosed because the previous Owners had re-financed three times to buy boats and take fancy vacations - they had milked the house and then walked away. Not all stories of Foreclosures are sad tales ...

Aug 13, 2017 01:15 PM #26
Rainmaker
235,617
Kathleen Frawley
Keller Williams 916 730-4404 Elk Grove, Wilton, Folsom, Sacramento - Wilton, CA
South County Sacramento, 916 730 4404

YES! Yes of course you can fall in love with the first house, and if you do GRAB IT.  If your agent is doing his job then he listened to all your needs, he knows the market and he took you to the right one first.

 

Aug 13, 2017 06:29 PM #27
Rainmaker
374,779
Bruce Kunz
C21 Solid Gold Realty, Brick, NJ, 732-920-2100 - Howell, NJ
REALTOR®, Brick & Howell NJ Homes for Sale

Hi Mike Cooper . I agree that you can buy the 1st house you see. Similarly, a seller can take the 1st offer they get. IF all (or even most) of the wants are met, why not?

Thanks for sharing,
Bruce

 

Aug 13, 2017 08:00 PM #28
Rainmaker
189,386
Shirley Coomer
Keller Williams Realty Sonoran Living - Phoenix, AZ
Realtor, Keller Williams Realty, Phoenix Az

When buyers are clear about they want AND their agent listens and finds the right house, the first one may be the one!  When buyer(s) are unclear on what they need / want they often need to see several houses to understand their requirements.

Aug 14, 2017 08:08 AM #29
Rainmaker
414,459
Jerry Murphy, CRS
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

I think buyers, especially first time buyers, get that "advice" from family members.  Like you said, if it feels right buy it.

Aug 14, 2017 01:50 PM #30
Rainmaker
470,657
Karen Feltman
Cedar Rapids/Iowa City, IA Lepic-Kroeger REALTORS - Cedar Rapids, IA
Relocation Specialist

This is what I tell my buyers: The fear of missing out is very real. There is a fear that something better might come along later.  But the reality is that this is NOT the first house that they looked at...they had narrowed their search and looked at lots of homes through online portals or open houses, usually long before they were ready to contact an agent and get serious.  Don't let the fear of missing out on something that isn't there, and may not be there in your price range, or another buyer will not hestitate to take your dream home away from your list of possibilities.  Great post.

Aug 14, 2017 05:27 PM #31
Rainer
179,345
Chris Lima
Atlantic Shores Realty Expertise - Port St Lucie, FL
Local or Global-Allow me to open doors for you.

This is awesome! I just saw this post on Facebook. I have witnessed buyers losing out and then comparing every property with the property that they lost because they thought there was something better. In fairness, the buyers were being led by others who believed that you don't buy the first house that you like and checks all of the criteria. Even though you had an agent that worked diligently to find your perfect home.

Aug 14, 2017 06:08 PM #32
Rainer
409,133
Kimo Jarrett
WikiWiki Realty - Huntington Beach, CA
Pro Lifestyle Solutions

Consumers buy for different reasons, however, the fear of losing an opportunity should never be a reason for taking action.  

Aug 14, 2017 11:31 PM #33
Rainmaker
249,928
John Wiley
Jones & Co. Realty - Cape Coral, FL
Lee County, FL Real Estate GRI, SRES,SFR,PSA

A high percentage of buyers tell me they know this is the house when the first step in the door. It does not matter what number on the list of showings it is.

When they get that loving feeling, they should put in the offer.

Aug 15, 2017 10:53 AM #34
Rainmaker
49,269
Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

If they know what they want, why not?

Aug 15, 2017 12:06 PM #35
Rainmaker
519,727
Nick & Trudy Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtors, Philly Main Line

I remember when I was a new agent when on a tour a client said, yep this is the one, I thought about all the other appointments I had made and asked if they wanted to see those. Nope, this is the one, let's go make an offer and we did. I called to cancel the other appointments, and they bought the house. They loved living there, raising their kids until we got to sell it last year and help them buy their next house. They knew when they walked into that one as well. Love clients like that.

Aug 15, 2017 01:25 PM #36
Rainmaker
1,294,288
Lise Howe
Long and Foster - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

Congratulations on all the comments and feedback. You are so right and i am sending this to a client I ahowed a great condo to yesterday 

Aug 15, 2017 07:13 PM #37
Rainmaker
93,912
Stavrula "Sam" Crafa, RNC,GRI, CDPE, PSA
Future Home Realty - Seminole, FL
Providing the integrity and service you deserve.

Such good advise. I too have had clients that purchased the first house they looked at. Actually, it's probably not the first house as buyers look at houses on line all the time. When they find one on line they like, they go look at it. And ask you said, if meets the criteria, no point in looking any more. Just buy it !!

Aug 18, 2017 08:06 PM #38
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Rainmaker
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Mike Cooper

Your Winchester, VA Real Estate Sales Pro
Winchester has a place for you! Call me.
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