My friend Edy and I were discussing information overload, especially with respect to real estate. Have you Googled “real estate“ lately? Ye gods! Like a million entries. Sources of information include Trulia, Zillow, and Realtracs, as well as newsletters, blogs, tweets, and commentary from news organizations, HGTV, politicians, economists, and Bubba the bass fishing Realtor whose web site, Bait Your Best Home, offers tips to home buyers. (I made that last one up, but I bet he’s out there.)
There is information everywhere, but does this make it any easier for you to buy or sell a house?
An Educated Customer
Well, yes and no. I am delighted with the number of resources available to consumers on the web and elsewhere. As the discount retailer Syms states in their long running ads, “An educated consumer is our best customer.” On the other hand, there is a lot of biased, outdated, and inaccurate information in the mix. It can be overwhelming.
You Can’t Know (Do) It All
The avalanche of information to which we are subjected on a daily basis, in every field, encourages (or guilts) us into thinking we can do everything. Build your own house. Bake a seven tiered wedding cake. Make a fortune day trading. Be your own divorce attorney. Create your own website. Grow your own food. Fix that leak. Americans have an ingrained do-it-yourself mentality, but how many times have you called the plumber when the amateur fix didn’t hold?
There is a time to do it yourself, and there are benefits. (I felt great after I installed my own Comcast converter!) But professionals do have their uses. And, yes, here is the shameless self promotion, in real estate that means hiring a Realtor who can help you sort through the avalache of info. (I actually like analyzing , organizing, evaluating, and assimilating all that information!) And for the leak, a plumber.