Resetting Expectations in Real Estate

Bouncing Back from a Real Estate Disappointment

Real estate deals are emotional roller coasters, often marred by unexpected setbacks. The dream house deal doesn’t come together. A closing fall through at the last minute. It happens. Sometimes the setback is so overwhelming we feel momentarily disoriented, unsure which direction to take next. We want to carry on, but we can’t quite muster the will to make the next right move.

If you’ve felt this way lately, perhaps the following process will help you:

1. Grieve the loss. If you’re feeling disappointment, loss, shock, or sadness, don’t gloss over it. Give yourself time and space to feel it. There’s nothing healthy in pretending the way you feel is wrong, shameful, or otherwise weak. Don’t expect to “get over it.” Rather, understand it is a loss you may carry forward with time.

2. Assess. What happened? What lead to this? What can you learn from the chain of events which lead to the setback? You might not have clear answers, but you will likely find something useful in reflection.

3. Recalibrate. Setbacks often redefine your reality, and change the conditions on the ground. The changes are often sudden and unpleasant, but it’s best to gain some clarity on the new situation. A setback isn’t the end unless you permit it to be the end. How does this new world require new strategies?

4. Look for opportunity and act. A setback does not negate your hopes or values. It may delay or redirect your path, but to let it annihilate your goals would be something far worse than a mere setback. There are still opportunities, and if you want to recover, you will need to direct your productive energy to recognizing and acting on those opportunities.

As the late singer, poet, and novelist Leonard Cohen sang, “There is a crack in everything, that’s how the light gets in.” Even at his darkest, he had a bias for the unerring trajectory of hope. Look for the light through the crack in everything, even if it was your pending dream of home ownership or your next move. Believe the dream can shine through again.

I can help you through every step of the real estate buying or listing process, and I have plenty of experience to help you avoid common setbacks. Looking to buy or sell soon? Let’s have a chat.

This post has been authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Website. As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard sign or ad and I will research the property, arrange showings and handle all the details.

Courtyard Home in Cobblestone

Courtyard Home in Cobblestone
Now Available: Courtyard Pool Home in Cobblestone
Overview
Maps
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Features
Description

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$539,900
Single Family Home
Main Features
3 Bedrooms
3 Full Bathrooms
1 Half Bathroom
Interior: 3,422 sqft
Lot: 0.50 acre(s)
Year Built: 2006
Location
1219 SW Squire Johns LN
Palm City, FL 34990
USA

Eric Slifkin Eric Slifkin

Keller Williams Realty
(888) 288-1765
[email protected]/* */
http://www.treasurecoasthomesales.com       

Listed by: Eric Slifkin, Keller Williams Realty

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Are You Really Ready to Sell?

I love to sell homes. It’s a privilege and an honor to be a part of the process. I get great satisfaction from making my living helping people move on to the next phase of their life, whether it’s upsizing, downsizing, or simply relocating to a new neighborhood.

But there is one sort of home seller I can’t really help: The seller who’s not really ready to sell.

If you’re thinking about selling your home, don’t enter into the process lightly. It’s a big deal. There’s some stress and there’s a great opportunity for joy. There’s a big investment at stake. This, along with a lot of other reasons large and small, is why you want to be 100% sure you’re ready to sell your home. If you think you’re ready to sell, but it turns out you’re not, you waste a lot of time and energy (and sometimes money).

So how do you know if you’re really ready to sell your home?

1. You’re fine with the process. You must have no problem with the idea of a stranger poking around your house, talking about renovating it, or treating it like a used car. If you’ve lived in your house a long time, it’s natural to have emotional attachments. So if the process of selling the house makes you feel protective or defensive, you may not be ready.

2. You are flexible on the right price. Motivated sellers understand selling a home involves negotiation and competitive market pricing. If you have a number “you must get” in order to sell, then you might want to think again. Also, if all of the agents who price your home come back too low for your standards, take a breather and ask yourself if it’s go time or not.

3. You know where you’re going next. Prepared sellers have plans, even if those plans aren’t 100% firm. They’re anticipating the move and they are probably even shopping for houses, if only casually at the moment. If you can’t clearly answer the question, “Where would you like to live after you sell?” then you’re not quite there yet.

If you’re iffy on any of these, take a step back and consider how you feel. While some markets favor sellers more than others, a home can sell in any market for the right price. Don’t jump into something before you’re ready.

However, when you’re ready, I’d be happy to help. Give me a call when the time is right!