NYCGirl80
I love my kiddies!
Member since 5/11 10413 total posts
Name:
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Re: Stress from selling a house
Buying and selling and then buying was definitely stressful for us! But it helped to have a great RE agent who kept us grounded and our sights set on the prize.
TBH, the construction after has been more stressful, though!
Message edited 9/20/2018 2:38:11 PM.
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ChristinaM128
LIF Adult
Member since 8/12 4043 total posts
Name:
Christina
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Re: Stress from selling a house
Ugh, yes. That’s why I insisted on buying a one-level ranch that I can grow old in and hopefully never have to move again. Selling and buying were the most stressful and anxiety-provoking amd what-if Head game points in my life (more than even being pregnant)
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Re: Stress from selling a house
It is inevitably stressful.
I always tell my clients to just focus on what they can control (not spend time worrying about things that are out of their control). We can't control what other people do, only what we do. I think it's also a waste of energy to worry about things that "could happen" but haven't happened yet. I always say "let's not worry about things until we need to."
I am involved with many real estate transactions a year, and I've been in real estate for 8.5 years, so I've seen a lot. And let me reassure you - there are very few things that come up that cannot be fixed. Usually the seller wants to sell and the buyer wants to buy. Once both sides are invested in the deal, it's hard to de-rail it.
Glitches do arise, but having a good team in a place in terms of your realtor, your attorney, your lender, can really help you get through the bumps. You also have to keep your eye on the big picture. Everyone I've worked with always says it was worth it in the end. So don't let small annoyances/inconveniences overwhelm that end goal.
The home inspection is always a dicey area, for example. But in reality, if a buyer is offering you full price (or in this market, often well over asking), and wants a $500 repair done, isn't it worth just taking care of in the grand scheme of things? And for buyers, I always say the opposite. Why nickel and dime when you have found a house you like? Certain repairs are legit, but we live on LI where the houses are old. You are not going to find a house that needs nothing, and if you are buying a 1950s house, there will be some normal wear and tear, and some things that are older in the house (and not to current code). But you don't want to walk away from a house you like because it's missing a GFCI outlet in the kitchen or something like that.
It's also easy to get caught up in personalities and get turned off to a transaction, but don't. I really disliked the sellers of the house I bought. They made everything difficult and caused me so much stress when I was pregnant and buying my house. But we stuck with it, and in the end, we love our house. They are long gone, and we have enjoyed years here. Had DH and I said "forget it!" in the heat of the moment and walked away, we only would have ultimately hurt ourselves.
Finally, I'd say communication is key. Nothing is more stressful than the unknown, so your realtor and attorney and lender should all keep you fairly updated on what is going on. And if you don't feel that way, then ask them to give you an update. I don't know what stage of the process you are at, but I try to update my sellers on showings/activity, and as things progress, keep them updated (when we are going into contract, in contract, etc.). I also try to be proactive and do things like thoroughly vet any buyers who make offers (call their mortgage loan officer etc) to reassure my sellers as much as I can.
It also helps if you proactively talk about some things early on -- what you will do if C/O issue comes up, or appraisal issue, etc. -- with your agent. Having a plan in the back of your mind helps alleviate stress. But a lot of the things my seller clients stress about never even become an issue.
Good luck!
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