The Truth About FOMO
First and foremost, what is FOMO?
It's acronym, Fear Of Missing Out. It's that feeling that you get when your friends make plans to go out for drinks. You don't really want to go, but you feel like you would be missing out on something if you didn't go. OR why your toddler won't go to bed. They have FOMO that everyone is partying it up without them. Same concept. In real estate, it's displayed a little differently.
How do you get FOMO when it pertains to Real Estate? How does it affect your process as a buyer?
From the buyers perspective, are you a serial scroller? Do you have Redfin, Zillow, and Realtor.com all downloaded on your phone? Are you second guessing every decision you are making because you think something better will come along?
How does mass consumption of potential purchases affect the psyche of a buyer?
How do you prioritize your wish list in a way that makes the decision making process a bit easier?
So many questions! Tune in to this weeks' episode of Spilling the Tea with the Real RE to get all the tips on how to mentally prepare for the home buying process!
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