Close up photo of golf clubs in bag on the golf green

Z- Zinger: Surprises in the home search

In ABC's of Real Estate, Buyersby Doug Phelps

A golf ball hit high and hard is known as a zinger!  

A ball hit high and hard close to the leading edge typically causes a low flight and a slight vibration feel in your hands.  Even just the word “zing” creates thoughts of a very dramatic and vivacious sound or action.  

This type of hit can be either a good or bad surprise, depending on the result.  Surprises in real estate can be both good and bad as well, and here are some to watch out for.

Price

Maybe the most welcomed change in real estate buying involves price.  Most of the time, this surprise is the list price going down. Also, after an asking price is negotiated between buyer and seller in the initial offer, circumstances around inspection can reduce it.  

Price can also fluctuate higher or lower when the home is first put on the market.  A home that has sat on the market for a while can have a decreased price in order to entice more potential buyers.  

On the other hand, a home that receives a lot of offers can push the price up in the bidding war that ultimately gets to a higher price.  These surprises can be good or bad, depending on perspective.

Attributes

Buyers can often be overwhelmed with details from multiple houses as they spend hours going through listings that their agent has sent them or as they do research on their own. Thus, by the time a buyer sees a home in person, there could be some specific attributes of a home that had been lost in the sea of listings.  

These attributes can be something simple like a perfectly manicured yard or an imperfect location near the highway.  

These zinger surprises can help a buyer choose one home over another. 

Conditions

Every buyer has had a zinger of an experience when seeing a home in person for the first time and again this could be either good or bad.  

For example, some photos can be misleading and only show the best parts of the home but in person, the home may look a bit more torn up or outdated than originally thought.  

On the other hand, a home may not look particularly enticing from its listing photos but in-person it may look adorable and perfect to a buyer.  

It really just depends and it’s important to remember that photos and in-person can be very different.  

Contracts

Last, but certainly not least, are zingers when it comes to contract changes.  

This can happen in the various negotiations between buyer and seller as the process continues.  After the initial offer is accepted, there are many opportunities for changes on both sides and for many different reasons. It’s good to keep an open-mind when approached with changes.  

Don’t let small changes derail an overall good process to your goal. At the same time, if big changes happen that you are uncomfortable with, express this to your agent so you can decide if you still want to move forward or not.

When you’re ready to begin your home search, contact me at (720) 323-4176, I’d love the chance to help you caddy your home search! Alternatively, you can search for homes right here on my website free of charge and without registering. Click here to start an online home search.


This post is part of an ongoing series where we talk about my two favorite things: golf and real estate!  Stay tuned for more golf-themed posts as we go through the ABC’s of real estate and provide helpful tips for home buyers and sellers alike.