Real Estate Today
New Year’s resolutions for buyers and sellers

January 2012

There is no way to get around the fact that buying or selling a home involves major decisions. It is time consuming in the best of circumstances, emotionally draining and overwhelming in the worst. A few good New Year’s resolutions are worth considering. When you are saying to yourself, “There are so many details, I don’t know where to begin,” you can fall back on your New Year’s resolutions to get back on track.

As we know, by February our New Year’s resolutions are forgotten more often than not. If you have ever gone to a gym, like clockwork the gym is jammed in January and back to normal by the end of February. To do any good, a resolution needs to easily integrate into your daily life and improve the quality of your life. As a real estate agent, I know that winter is always a slow time in real estate. This is a good time to plan the search for a home or prepare for the sale of a home, when there is no pressure to buy or sell right away. Keeping this in mind, I have a few suggestions that could take on the form of “resolutions” if you are so inclined.

Do one thing each day related to real estate. Reading an article, going to an open house, or chatting with friends qualifies as “one thing.” When you are first starting on your search, most people are hesitant to talk to a real estate agent. It is OK to talk to one if you are just thinking of buying or selling a home. Your relationship with your agent will be long term. Buying or selling a home is not like buying a car or any other large ticket item. No question is too small – real estate agents expect to answer questions. This is a their job!

Get rid of something. It is almost un-American to be a minimalist. Moving is expensive and most people have too much stuff. Think about what you can live without, and lighten your load gradually as you plan your move. Can you live without three different coffee makers? I know what you are thinking: “This is easy for her to say, it isn’t her stuff!” I sold my home of over 20 years about five years ago and I can guarantee I had serious stuff. To my amazement, when I told my children I was selling the house and asked what they wanted, my youngest daughter said without missing a beat: “I want the espresso maker.” That was OK because I still had my old Atomic espresso maker, a glass French press pot, and an old ceramic Melitta drip coffee maker. I actually stored the French press pot for four years. Recently I gave it to a young couple when I found it on their list of wedding gifts. I had used it only once or twice, but couldn’t let it go. When I talked to the couple, telling them my story, they laughed and were delighted to accept the coffee pot as a wedding gift. Believe me, I do understand that getting rid of stuff is difficult.

Take a deep breath – patience is key. I had an engineer who was quite upset say to me, “My whole life is about order and logic. Nothing about buying a home seems to make sense.” In the Bay Area, where so many people work in technology or finance, making all the pieces of buying a home fit together neatly can feel like an impossible task. It is important to keep in mind that buying a home is not like buying commercial property as an investment. You cannot rely exclusively on your analytical mind. Homes in San Francisco have historically been more expensive than most other cities in the world. Of course you want your home to be a good investment, but you need to keep in mind that you are buying a home and you will be living there. What you get, above all else, is to live in a home in San Francisco that you own. This is a fantastically special and wonderful thing.

During this whole process, it is important to keep in mind that the great thing about buying or selling a home is that when the deal is done, both buyers and sellers win. Sellers get money and buyers get a home. By the time 2012 rolls back out, I hope you will have found your dream home, or sold your home, and moved on to your next adventure in life.
Carole Isaacs is a real estate agent with McGuire Real Estate (Lombard, Bluxome, and Noe Valley offices), photographer and lover of all things San Francisco. Visit her Facebook business page at www.facebook.com/sanfranciscocityliving