The 7 Deadly Sins of Real Estate

You probably have heard of the 7 deadly sins.  They are the ones thatHollywoodhas capitalized on a couple of times with stars like Brad Pitt, etc…  You can name some of them…Gluttony, Sloth, Avarice, Wrath, Envy, Pride, and Lust, to name them all.  So what does this have to do with real estate?  I thought about the mistakes that are made in dealing with real estate.  I watch and listen and see how hard that it is for some of us to do what needs to be done in either selling or buying property.  Mistakes perhaps, not sins, but nonetheless, things that make life more difficult than it needs to be.  So…the 7 deadly sins of real estate seemed like a catchy way of talking about the struggle and what we can learn.

Each newsletter will bring information on this series of “The 7 Deadly Sins of Real Estate”.  #1  What you don’t know!  Everyone watches the televised shows.  Everyone reads books/web info.  Everyone knows a real estate person.  Or two or three… Everyone is knowledgeable and just shy of an expert because they have bought a home or two or three.  They have sold them.  They have made money or lost money or broken even.

The truth is that everyone likes to talk about and learn about real estate because it is interesting.  But there is a lot more to selling or buying than a sign in the yard and putting the property on line or scheduling appointments to visit homes.

Preparation of property, analysis of complied info (both current and historic), determining buyers’, sellers’, or neutral market, navigating the post accepted purchase agreement time-line, financing, to name a few items…these points can make the difference in a successful closing and real estate experience.  All of us have knowledge but we always need to learn to stay current.  This is one reason that a competent real estate person can be a valuable asset to you.

 

Next issue!  The 7 Deadly Sins of Real Estate will be about #2 The Honest Truth…Listening!

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