A recent real estate consumer survey* has unveiled an unsettlingly low level of knowledge reported by today’s homebuyers and sellers that has resulted in a feeling of post-transaction regret for many.
The survey reveals that 41 percent of surveyed homeowners and 45 percent of first-time homebuyers wish they had done something differently when buying or selling their home, for example:
- Having a better grasp of the process (buying process: 26%; selling process 12%)
- Seeing more houses (buying process: 21%)
- Having a home inspection (buying process: 15%)
- Understanding the contracts involved better (buying process: 14%; selling process: 9%)
Knowledge is power, and education about the buying and selling process surrounding one of the biggest financial decisions of your life is paramount to easing the stress and eliminating any uncertainties you may have about your real estate transaction. Before running the risk of any post-transaction regrets, sit down with your real estate representative to brush up on all the basics before taking the first step towards buying or selling a home.
Now that the busy spring season is here, you’ll want to make sure you’re on top of the latest real estate issues. Please call today so we can go through all your questions and concerns thoroughly, ensuring that when you’re ready to make a move, you’re confident about all your decisions.