You finally saved up enough money to put a down payment on a new home, and you’re ready to start shopping. Before you start the hunt, however, it is important to identify what kind of buyer you are to easily know where your predilection lies and to avoid wasting time.
Let’s see if you can figure out which type of homebuyer you are:
The Rabbit (Shy Buyer)
The Rabbit is usually the first time homebuyer—they are mostly timid and shy. If you are one, you probably hate confrontations and negotiations. You are afraid of offending your agent.
You might not tell your agent that the colour of the home is ugly, for example. You won’t say anything about the home, but it will be difficult for your agent to figure out what type of home suits you best. Speak up.
The Sheep (Lifetime Buyer)
Family is important for The Sheep. They often will not buy a home until every person in the family or extended family approves the transaction.
If you are a sheep, you are probably planning a family, you have young children, or you have multiple generations living under one roof, and you plan to stay for the long haul. Folks at McCarthyHomes.com.au recommend finding a property that can cater to a big and growing family.
The Shark (Move-in-Ready Buyer)
The Sharks make fast decisions. Most of the time, they’re demanding. If you find a listing online and text the agent to show you the property right now before any other buyer grabs it, you are probably a shark.
Do not rush. Find more time to look at many other properties until you find one that is perfect for your needs.
The Beaver (Fixer-Upper Buyer)
Beavers know what they want. They can visualise and conceptualise their dream home.
An agent can show you a fixer upper home, and you will find a lot of reasons buying a fixer upper makes sense. You can see the potential of almost any home, and you are not afraid to buy something that needs renovation.
Many homebuyers look for a good neighbourhood, a school district, and an affordable deal, but knowing your buyer personality will help you define and narrow down your search.