One of the challenges of creating a meeting of the minds when it comes to real estate transactions, etc., is that each party often has a different perception of the value of any particular property. Buyers often underestimate a potential purchase, often looking for a lower-than-realistic offer price. Sellers behave quite the opposite, often overvaluing what they own! While real estate agents should be sensible guides throughout this process, unfortunately, competition and the pursuit of commissions skew their behavior. However, in the end, in most cases, it is the reality of the market, which determines the selling price. It is important to recognize and realize that there is a big difference between the quote and the sale price and only the latter translates into money, in the pockets. With that in mind, this article will briefly attempt to consider, examine, review and discuss each of these and the need to create a attitude adjustmentto obtain a desirable deal, and, transaction.

1. Buyer: In many cases, buyers believe that they should offer a property and/or a house below the asking price. Perhaps this is because some agents have traditionally approached this by pricing a home artificially high at first. Instead, however, a buyer should find a qualified buyers agent, who will make a competitive market analysis, to indicate a price range for the particular property.

two. Seller: Since sellers often have an artificially high estimate of their home’s value, based on looking at list prices (without verifying sales prices), and become overly emotional and/or attached to their home, They often think their home should be priced higher than it should be. This is usually not beneficial because, in the vast majority of cases, the houses, priced fairly, from the start, get the best deals!

3. Agent: Not all real estate agents are the same! Since, for most people, the value of their home represents their single largest financial asset, wouldn’t it make sense to carefully interview and thoroughly examine/discuss/consider which agent might be best for them and their circumstances! Whether buying or selling, it’s important to hire the right person! The agent should provide you with a sense of reality and tell you: what you need to know, no you just want to hear (MT).

Four. Market: The market will be reality! Remember, in most cases, the best offer will come within a few weeks after the house is listed, so it’s wise to get the price right to maximize your chances.

Whether buying or selling, doesn’t it make sense to use some common sense and act accordingly? Are you ready to do it?