How Much Overlap Exists In Your Home Search Criteria

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How Much Overlap Exists In Your Home Search Criteria
By Scott Rogers • September 11, 2018 Filed In: buying
If you have three non-negotiable home search criteria, it is important to reflect on (or at least be aware of) how much overlap exists between these criteria. Above are two examples of this way of thinking about your home search.... The first set of buyers will likely have lots of options (large yellow overlap area) because many homes in the City have three bedrooms and are under $300K. The second set of buyers will likely have very few options (small yellow overlap area) because there are very few homes that somehow offer privacy AND amazing views and happen to have a formal dining room. These are fictitious illustrations -- they don't represent the actual amount of overlap that does or does not exist based on the criteria noted above -- but you should give some thought to how small of an overlap area you are creating for yourself based on what you are defining as non-negotiable in your home search. If that area is too small, you'll have very few options to consider, and eventually you may decide to flex a bit on a non-negotiable point. Receive updates from HarrisonburgHousingToday.com via e-mail: Enter your e-mail address: Recent Articles: How Much Are Sellers Negotiating On Price These Days? Flirting With Selling A Rental Property Why Investors Eventually Sell Their Rental Properties Potential Challenges of Selling A Rental Property in Harrisonburg Highest Pace Of Home Sales In Almost 13 Years Just How Unusual Was The Pace of Home Sales In January 2020? Home Sales Soar To Surprising New Heights in January 2020 The Role of a Realtor in Representing A Home Buyer Who Is Winning In 2020 In The Local Real Estate Market? City Townhouses Are Selling QUICKLY!
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Feb 23, 2020 (unless otherwise noted).
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