Ten Biggest Mistakes Made by Home Buyers–#9
Mistake #9 Buyers get emotional in front of sellers.
Emotions can cost a Buyer tons of money! Here in the Las Vegas real estate market I sometimes see buyers and sellers get together either on-purpose or by accident before there is a ratified sales contract, this is VERY dangerous. It can affect the whole negotiation process, if you are the buyer and you get all excited about the property in front of the seller it is equivalent to playing poker with your cards on the table, “You’re never going to win!” So keep you emotions and your tongue in check. If you know you are the kind of person that just can’t do it, then talk to your Realtor about it and ask them to make sure that they only show you homes when the seller is not there. Trust me on this one, the Realtor will be happy do so because it will make the negotiation process go MUCH smoother. Las Vegas home purchases are a tricky thing, on one hand they are a HUGE emotional experience filled with all kinds of highs and lows. On the other, it can be one of the biggest business decisions of your life. Business filled with emotional exuberance can be costly by showing your hand and causing you to be on the weaker side of the negotiation table. Bottom line…”Don’t open your mouth and insert your foot!”