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YOU HAVE BEEN PLANNING TO PURCHASE A SECOND
CAR and have saved $7,000. It's Saturday morning and you have
time to shop and make your purchase. You drive to a nearby dealer
and find only two cars for sale. Both are the same year, make
and model. Both have a price tag of $7,000. They are identical
-until you begin to inspect them more closely.
The first appears to be "good transportation"
at best. The car's finish shows neglect, with nicks, scratches
and dings abundantly displayed. The windows are smudged, the tires
under-inflated, and the radio antenna is missing. Inside, key
in the ignition, it grudgingly starts on the second try. Books
and papers litter the back seat, the ashtray overflows with an
assortment of items, and floor mats are missing. After an abbreviated
inspection, you turn your attention to the second car.
You notice that the morning sun reflects
brightly off the spotless windows and gleaming finish. This car
seems to promise satisfaction. The chrome and trim are flawless,
and the tires have been scrubbed clean. It invites a closer inspection.
Sitting at the wheel, the engine jumps to life, then settles down
to an imperceptible idle. The interior sparkles. You feel good
just sitting there at idle speed. You make your choice. This car
wins hands down.
Home buyers experience similar situations
daily. With plans to purchase a home, buyers inspect a number
of similar homes at similar prices. They begin making value judgements
from the moment they drive up to each home. Their first impressions
begin with the yard, the drive-way, and the front door. Once inside
an attractive, well-maintained home, buyers can sense the presence
of "pride of owner-ship" - or its absence.
It has been said that buyers make up their
minds in the first five minutes, then spend the rest of the time
rationalizing their decision. For those who plan to sell their
home, a word of advice: place great emphasis on providing a home
in impeccable, move-in condition.
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