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I Just Contracted To Buy A House But An Even More Exciting House Was Just Listed For Sale!?! |
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![]() Thankfully, this doesn't happen too often, but I have had a few clients over the years who have been in this predicament. They finally, excitedly, ratify a contract on a house that they are thrilled to purchase... and then... a few days later... a house hits the market that is even more exciting! What is a conflicted buyer to do? 1. Remember that you are contractually bound to buy the home that you signed a contract to buy. There will likely be ramifications (financially and otherwise) if you do not complete the purchase. 2. Remember that you were excited about lots of other new listings in the past, all of which you were much less excited about after you toured the houses. Thus, even if the shiny new listing seems like a really exciting house, you might not actually like it as much as you think you will if you walked through it. 3. Remember that in a competitive market (which we are still in, for the most part) there isn't any guarantee anyhow that you'd be able to secure a contract on that newer and possibly more interesting listing. 4. Remember that this dynamic will always exist -- whether it's a few days later, a few months later or a few years later -- a home will inevitably come on the market that will be (or will seem to be) more exciting than the home you bought a few days ago, a few months ago or a few years ago. 5. Consider turning off your new listing alerts to avoid feeling conflicted? 6. Feel free to talk all of this through with me and I can try to help talk you off of the ledge if you are suddenly less excited about the house you just contracted to buy based on a new listing that just hit the market. Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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