I was looking at this out of curiosity today as there seems to be more advertisement lately from people who are trying to sell their properties directly to the buyers without the use of a real estate agent. I was looking at various price listings and for the most part it seemed like people could save about $20,000 to $30,000 this way. I guess the question is would people have a peace of mind in doing this such as going through all the paper work?

Interesting enough most people don’t seem to be very comfortable in dong large transaction like these themselves and so in many ways they are willing to pay the commission. It makes me wonder though like with that if you are saving $30,000 on whether or not even using like a thousand for say a lawyer would be more cost effective if it is more of a peace of mind you are looking for. Have yet to try this myself, but maybe I will try it this year to see how much work it really takes to sell and buy a property without an agent.

Imagine a situation where you just recently bought a new home and it has only been a few months since you’ve lived in the house. As you know, usually moving has a lot of expenses involved such as moving all your furniture as well as having to potentially buy new appliances. So how would you react if say not even six months since you moved in you already have a thought that it’s time to buy a bigger home already because say you feel that a bigger home would roomier for a new child that you are expecting? Would you adapt to the place you currently have or decide right away to move again?

This was apparently a real situation that I heard and I was kind of surprised that even the thought of buying a bigger home would even cross one’s mine considering financially nothing has changed for them in terms of earning more. With factors such as another child coming into the light I can only imagine how much more stressful that will be financially as it is. Unless you just had sudden breakthrough income wise I would be inclined to say you should simply work with what you have.

Imagine if it was for a business where you just transferred all of your equipment and employees to a new building and then you just had a thought that the conference room areas were too small as you were growing a little faster than expected. Like with that I would be inclined to stick with it for the time being as the headache in having to transfer everything again is probably a lot for costly then just trying to settle down with what you currently committed to.

This was kind of funny I thought. Basically there was a person that tries to save money from buying items like an electric fan to use during the hot summer times by simply opening a lot of his house windows. Simple and it works I suppose. The funny thing is that he actually spent more money this way it seemed. Basically, by opening his windows wide open this allowed a ton of flies to get in the house. As a result he bought items like fly traps to specifically deal with the problem.

That’s always irritating to think about where you try one thing to save money and in the end you end up paying more. Like in most cases I think the key is to invest in something that fixes these annoyances for the long term and not the short-term. Example, instead of fly traps buying special screens for the window would probably make more sense as it would help all year around too.

Speaking of the cost of living and seeing a foreigner’s perspective on the issue, just today a person was having a conversation about their family member who was going to stay for a month at their house. While they have a full basement suite that has everything such as a bathroom and bedroom, instead one person was insisting that it is not right to have someone living in the basement as anyone who does that is considered lower in the chain. Therefore, they would rather do some re-shuffling of the rooms upstairs while buying some new furnishings.

In general, the person viewed it where staying in a basement seems too lower class. The funny thing was, the size of the basement in general is actually larger than the entire home that the person visiting originally lives in within their hometown. So of course, to him it seems really good.

Sometimes I think it is just silly to compare your belongings based on other people’s standards. Just because someone considers flying in a private jet as a norm for them doesn’t mean you need to break out the bank account to match those standards. Appreciate what you have I’d say and value it based on your own needs. That way you will also have more money left over for other things such as investing to make more.