Buyers Emotional Journey are kept awake, altered, stressed out, and combative, according to Research: Insights from Juan Mestre, Your ForEver Realtor RSPS, AHWD, C2EX, & SFR®
Published | Posted by Juan Mestre
My advice to future clients on navigating the stressful home buying process:
As your ForEver Realtor, I understand the overwhelming stress homebuyers are facing in our
hyper-competitive South Florida market. With limited inventory, slow new construction, bidding
wars, higher mortgage rates and skyrocketing prices, purchasing a home has become an
anxiety-ridden process that can detrimentally impact your finances, your health, and your
relationships. Based on surveys of recent buyers here are 5 tips to help you better cope the
Home Search:
Prepare for an arduous search.
The current market often requires looking at many homes,
making multiple unsuccessful offers, and bidding over asking prices without any purchase
guarantee. Having realistic expectations will prevent disappointment and discouragement.
Get pre-approved for a mortgage.
Working with a lender early allows you to make competitive
offers quickly. I can refer you to reputable lenders suited to first-time buyers. Pre-approval also
shows sellers you can finalize a purchase.
Make backup plans.
Only 61% of recent buyers got their first choice home, so having alternate
options is crucial. I recommend picking 3-5 homes suiting your needs so we have other options
if a top choice falls through.
Inspect before buying.
Over 50% of recent buyers skipped in-person tours, but inspections are
still vital. I can advise on assessments to mitigate risks if you must buy without seeing a home
first. Don't waive contingencies.
Lean on support systems.
Since over 60% of buyers lose sleep and get into arguments with
family while home shopping, communicate openly with loved ones. Also feel free to speak
candidly with me when frustrations arise.
As your realtor, I'm committed to guiding you through this stressful market by:
Realistically previewing the competitive conditions you'll encounter. Surveys show today's buyers
face more difficult searches than past generations.
Helping you identify suitable homes and neighborhoods that align with your budget and
preferences. We'll tour multiple options to find the best fits.
Assisting with mortgage pre-approval and referrals to reputable lenders suited for first-time
buyers. This prepares you to act quickly when the right home comes along.
Advising you on making competitive offers without overextending your finances. This includes
guidance on inspecting homes.
Providing trusted advice if initial offers fall through. Having backup options in place helps
prevent disappointment.
Being a supportive, calming resource for you throughout the emotional home buying journey. My
goal is making this major life transition as smooth as possible for you.
While incredibly stressful, purchasing a home remains an important life milestone and financial
investment for most buyers. As your realtor, I'm here to help you achieve this goal while
protecting your best interests. My guidance will provide you with the knowledge and support
needed to navigate current market obstacles.
Whether you are buying a new home or buying to renovate an older home, I am here to help you
find the perfect property. Together, we can ensure that your home reflects your unique needs and
sets the foundation for a fulfilling and successful journey.
Juan Mestre, Realtor Associate RSPS, AHWD, C2EX, & SFR®
RAISING THE BAR FOR REAL ESTATE SERVICES
CONSIDER: Since I'm not a doctor, lawyer but your neighbor Realtor Associate, you should consult a
Doctor, an attorney, a financial Advisor, your CPA and any other certified professional for your case
before making any decisions. Let’s start working together towards your Real estate dreams. Reach me at
305-776-5677 or register at www.juanmestre.com or email mestre.j@ewm.com.
Sourced and digested from several locations including but not limited to:
RisMedia for BHHS.com/blog, EWM Realty, Data from NAR & my knowledge
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