Warren County Ohio Real Estate News and Observations: Is It Time To Settle?

Is It Time To Settle?

coneflower butterfly

Sometimes things don't turn out as hoped for.  For instance, the picture above.  It's SUPPOSED to be vertical.  It's vertical on my phone.  It was vertical in the email.  But somewhere between that point and uploading it "decided" to rotate left 90 degrees.  Now I could fix it if I wanted to invest the time, but this accident actually fits with the theme of tonight's post.

This afternoon there was a Monarch butterfly in our garden.  We don't see them as often here as I'd like.  We have plenty of butterflies in our flower garden, just not Monarchs, and we've even planted a few milkweeds in the hopes of attracting them.

I wanted to get a picture of it.  When I first saw it, it was still on the top of a coneflower.  But you can guess what happened next.  As I approached, off it flew!  It stayed in the general vicinity, but it way too quick and not lighting anywhere I could hope to get a snap with my phone's camera.  And after a bit, it was gone.

But just a few feet away on another coneflower was a smaller butterfly, beautiful in its own right.  And  it stayed still as I snapped picture after picture.  And while it didn't lead to my dream shot, it still lead to some pictures I can enjoy!

Now I'm sure you're expecting a real estate twist, so here goes!

Our market right now is drastically short of affordable homes (for my intent, $250,000 and less in price and in good condition).  If a new home for sale comes on the market in decent condition and affordably priced, you just can't wait to go see it and you certainly can't wait to decide whether to proceed or not.  Multiple offers are common and they're happening on Day 1.

For buyers, that can lead to a stressful situation.  A house you didn't even know about this morning is now on the market.  Somehow you and your agent MUST get there today.  And you MUST make a decision by the time you're ready to walk out the door, or you just might miss your shot.  You've got to decide just how much you're willing to offer, despite the fact that similar homes HAVE NOT been commanding this type of asking price in recent months.  Yet the last few homes you saw that SHOULD NOT be going under contract at their asking price, are. 

After missing out on a home or two in multiple offers, you have to decide, is it time to settle?  Do you settle for the sake of just getting ANY home?  Do you give up one of your key "must haves" just to make sure you can find a new home at all?

Perhaps a home you "settle" on, might just be like the butterfly picture above.  It wasn't what I started off wanting, but I'm still pretty happy.

Ready to talk  Cincinnati area real estate?  Just give us a call  at 513-520-5305 or email Liz@LizSpear.com.

We look forward to hearing from you!

Bill & Liz aka BLiz

Serving Warren County Ohio & Adjacent Areas


The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
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Liz Direct: 513-265-3004     
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Comment balloon 5 commentsLiz and Bill Spear • July 01 2018 03:58AM

Comments

Hi Liz and Bill,  Great picture and blog post to go with it.  Sometimes when things don't turn out as planned, you simply  readjust the plan and continue on.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams fox cities) 4 months ago

Your message is loud and clear. Sometimes we need to adjust our expectations - and it's very difficult right now for folks who are trying their best to get a decent house at an affordable value. D 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) 4 months ago

Hi BLiz,
Your message is appropriate.  And, the truth is nothing will be ideal unless you build the home of your dreams.  There will always be one trade off or another.  The question is: which one?  So, yes, we settle... every day in lots of ways.  Buying a house is no different, just on a bigger scale. 

Posted by Carol Williams, "Customized Mentoring & Marketing Services" (U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business.) 4 months ago

Well done, Bill. And of course we were waiting for your analogy and it was a good one. If we're not careful we could miss something that we'll really like because our sights are too focused on something else. 

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) 4 months ago

After a buyer misses out once or twice on a home through a bidding war or a lower than expected offer, I find they strengthen their offer the next time around and ultimately get the bid the next time. I don't know if I call it "settling", just a different option. :)

Posted by Pat Starnes-Front Gate Realty, 601-991-2900 Office; 601-278-4513 Cell (Front Gate Real Estate) 4 months ago

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