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Welcome to your constantly updated resource for news and views on the Brookline Real Estate market. Here you will find commentary and statistics to explain the daily changes in the Brookline specific housing market.

Whether you're looking for an estate in Cottage Farm, a condo in Brookline Village or are just stopping by please feel free to read along and comment at will. If you are interested in speaking about renting an apartment, buyer representation or listing your home please feel free to contact me.

Wednesday, June 04, 2008

Want to buy or sell? You must understand the other side.

The New York Times had a wonderful article about a week ago. I encourage everybody in and around real estate to take a look at it. Essentially it is a fictional dialog, in letter form, between a buyer and a seller. The Times consulted with the National Association of Realtors for the information in the "seller's letter" and consulted the National Association of Buyer Agents for the "buyer's letter." The article can be found here, but you might need to register on the site before getting access to it.

It's a wonderful article and I really believe that all parties to a real estate transaction (agents and attorneys as well) would benefit from the reality check reading it brings. Buyers and sellers both have their emotional reasons for entering the "fray" these days. Sellers have invested an incredible amount of money, effort and emotion into their homes. Buyers are desperate to improve their quality of life by finding a new home which will provide them a platform for memories for years to come. This emotion frequently gets the best of us. We start acting irrationally. For us to be successful in our real estate endeavors it is critical for us to keep an eye on the what and why of our actions.

As a buyer, what do you wish you could tell sellers today? As a seller, what would you like to say to buyers?


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The views expressed on these pages are the opinion of the author and any public contributors. They do not substitute for the advice of a legal or financial professional. These opinions are not representative of any firm or business. Please always consult an attorney, financial professional or sign a contract with a Buyer Agent or Seller's Agent for specific advice.