It doesn’t matter if you’re planning on buying or selling a home in Orange County, or anywhere else in the United States, success with buying and selling Real Estate all comes down to using the right decision making process.
Let’s break down the most important steps involved in the decision making process to help you successfully navigate the process of buying or selling a home.
Discipline, Desire & Delayed Gratification
Both buyers and sellers of homes in Irvine, Tustin, Newport Beach or other major towns in Orange County must always utilize the “Three D’s” of the decision making process: Discipline, Desire & Delayed Gratification.
Using the three D’s is important during any Real Estate transaction because, it will help you to keep your feelings in check, analyze the details of the transaction and make sure that you use your head, regardless if you are buying or selling a home.
Think About The Big Picture
When you’re buying or selling it’s always important to think about the big picture and analyze who the other buyers are and what their motivations may be.
Big picture thinking is important because, it will help you to keep your emotions in check so you don’t offer more money than what a home is worth or accept less money on the home that you may be selling.
Stay True To Your Personal Values Or Goals
During the “heat of the moment” of buying or selling a home it’s very easy for a buyer or seller to lose their head and compromise their personal or financial values because, they gave into the competition of multiple bids, on the home they wanted, or accepted less for the home that they are selling.
Instead of compromising personal goals or values, every buyer or seller should clearly define what their objective is before they buy or sell a home to avoid the frustration of buyer’s remorse, “sticker shock” after the deal is finished or realizing that they could have received over and above the asking price for their home if they had patiently waited.
To learn more tips about how to utilize the right decision making process during buying or selling a home, contact the team of Top Orange County Realtors at Fred Sed & Associates today at (949) 272-0125.