Park City Real Estate Trends

Park City Home Buyers Exercise

By Todd Anderson
Feb 13, 2008

          I have found that Buyers in the Park City market often share something in common.  I am sure that what they share is true of not just Buyers of Park City real estate, but is true of real estate buyers everywhere.  I've experienced that it is possible to show a home that seems perfect for what I was told the buyer wanted and was well within the price range we discussed, only to have no offer written. The affliction here is; not knowing what all the Buyers want.            It really isn't that the Buyer doesn't know, but the fact that Buyer is rarely a singular term.  Buyers can represent a couple, a family, an extended family, a group of like-minded vacationing friends, investor group and more.  Each person in these groups has their own "perfect" house, condominium or property in their head.  Rarely is it the same as the others in their buying group.  In fact I'd say never is it exactly the same.           Before going out to search for the perfect property, it is necessary to come to terms with what the perfect property is.  I suggest that all members of a buying group (or all people affected by the new purchase) draw up a list (individually) of the ten most important features the new property needs to have.  These should be ranked most important to least important.  Once this is done, all interested parties in the Buying process should get together and come up with one list of the most important features their new property will have.  This can be a very eye-opening exercise for all of the people involved.           The new list will definitely be longer than the original 10 features, but it will also be much more useful when trying to narrow down what homes you spend time looking at.  The new list becomes the game plan and final goal for the Buyers and their Realtor.  With this game plan in hand, winning is nearly a foregone conclusion.  We will find a new home or property that works for you.           This same type of exercise can be used when building a new home or remodeling your current home.  In the end some compromises are made and rarely are all of the wanted features met, but the time savings and understanding of what all the buyers involved will be worth the effort.           Take some time and start your list.  We'd be more than happy to work with you on this and become the mediator when it's time to combine the list into one.  Give us a call or email and we'll get started on finding the perfect Park City property for you.  Get a head start by searching Park City properties on our website http://www.youinparkcity.com/ .

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