I am not a clairvoyant, but I tend to look into the future when I am working for home buyers, especially first time buyers. People tend to get so caught up in the excitement of buying a home that they sometimes forget about practicality. I hate to be a killjoy. But, I have a tendency of reeling buyers back to reality. My job is to help my buyer clients make smart investments and I take this part of my job very seriously. Being that many of my clients have become repeat customers, I find that it's better to point out the good and bad of each property they are considering so I won't face the challenge of having to sell a property in the future which might not have been a wise choice to begin with.
I might not think like the average agent because I encourage buyers to think long term. I encourage them to not rush into making decisions they might regret. Yes, I would rather show a lot of homes in the process of finding the almost perfect property. I will usually suggest that a buyer play out many different life scenarios. What if.....? I encourage them to think long and hard into the future. Will this house be comfortable for a long time to come?
Some questions I will ask are as follows:
How long do you see yourself living comfortably in this house? If you should grow out of your home in 3 years, the expense of selling and buying a new home could weigh you down and you might find yourself living in cramped quarters longer than you'd like.
Are you planning on expanding your family? A young couple with no children who tells me they would settle for two bedrooms while emphasizing that they will convert a room into a home office might not be thinking into the future. And, if they can afford a 3 bedroom for the same price, this only makes better sense giving consideration to future resale.
Do you have important family members who will have difficulty visiting you due to the excessive number of stairs into the house? Young home buyers don't think of stairs as being problematic. The elderly especially, may not be able to handle excessive stairs. The same holds true for houses that have no main floor bathroom and/or lack a main floor shower.
Is just one full bath really enough nowadays? I know many people who grew up in large families where there was only one bath. But, today it seems that having one bathroom has become very inconvenient even when shared by two people in a household. And, this can often effect resale.
Does the floor plan have a convenient path from the entrance into the kitchen for unloading groceries? As you park your car and enter into the home, imagine how the distance comes into play. Will you manage okay if you have a child saddled on one hip while carrying things inside.
Is there enough storage space? If a home lacks ample storage, a homeowner will quickly find the walls closing in. You can never have too many closets. The couple buying a starter home and planning for kids cannot really imagine the property scattered with baby paraphernalia and toys.
While it may not be possible for every buyer to have everything on the wish-list, I tell my clients to think about having to sell to other buyers down the road. I stress the importance of understanding there is no such thing as the perfect house, while emphasizing that the things on their wish-list are probably more essential than they think. And, I might even add to their list. I don't mind when it takes a little longer to find the ideal house. A real estate purchase is the one time in some-body's life when he or she literally has to live with the decision - usually, for years to come. What could be the ideal living situation today, might lead to daily nuisances later on.
Most real estate agents are good at pointing out positive selling features. But, I find it necessary to just be sure a buyer is not overlooking some of the negatives. See, while a slam dunk sale might be fast and easy, selling a home with too many negatives could become a bigger challenge in the future.