At the end of every December, people make all kinds of resolutions for the coming year. Typically, these are things they want to improve about themselves, ways to make their day-to-day personal or work life better, or ideas to put them on track for a change. Many times these surface as a result of mistakes made in the past 12 months.
When it comes to real estate, resolutions don’t necessarily apply as it’s unlikely that you do a real estate transaction each year. Furthermore, you can’t actually resolve to buy your neighbor’s house or sell your $350,000 home for $1 million. Well, you could, but you’d probably be setting yourself up for disappointment right from the start.
Some things are simply out of a would-be buyer or seller‘s control. But, as a would-be buyer or seller, you can learn from and make resolutions based on those who have gone before you. There exists a former buyer who, if he could, would resolve to have done more legwork before buying. Conversely, there’s a current seller who resolves to take the next under-asking-price offer from a buyer more seriously.
Whether you plan to buy or sell, there are some real estate resolutions that buyers and sellers can — and should — make. Here are five to get you started.
