OK Wes- This one is for you—
I was going to take Saturday off, but I received a link to the National Association of Realtor’s Blog from Wes W., who wondered what Housingdoomers thought. It appears that Realtors are feeling a little insecure lately, and were discussing "Why the Internet hasn’t made buying homes more like buying an airline ticket." Someone decided to have a little fun with it, and offered ten ways they differ:
10. You don’t have to live in an airplane seat for an average of 6 years.
9. Nor will you be paying for it for 30.
8. All the seats are the same (except perhaps for the dreaded middle).
7. There are no schools for your children on that flight from New York to LA.
6. You don’t have to worry about whether your furniture will fit in that aisle seat.
5. The only inspection involved when you fly takes place at airport security.
4. If you seatmates are encroaching on your space, you only have to put up with them for a few hours.
3. You don’t have to get a lender’s approval — complete with three years of W-2s, a list of assets, and a credit history report–to take that trip to Maui (although with today’s gas prices.
2. Once you buy your ticket, it’s unlikely the airline will decide the deal’s off.
1. Most people don’t get emotionally attached to their seat.
Ever the contrarian, I offer my own "Why I need more help with my airline ticket than buying a house."
10. I’ve been living in homes all of my life- I know what I want. On the other hand, I’m not sure if 16E is in the emergency row, center, etc., and could use some help- even if I won’t be using my seat for the next six years.
9. I refuse to pay for a house for 30 years, if I’m only living in it for 6. (I haven’t seen that loan product yet, but I wouldn’t be surprised.)
8. If you think all the seats are the same on an airplane, I’ll trade you my seat in the back where the seats don’t go back, for your seat in first class.
7. If someone could get me a kid’s meal and crayons for my children on the plane, that would be a help. I prefer to do my own research to find a school.
6. I don’t need any help with furniture on the plane, but if you could find me a place to put my carry-on.
5. I have a great inspector I use for real estate purchases. (A buyer I had once used him on my property- he didn’t miss a thing.) I always seem to have trouble with those little cards you fill out for customs though. I hate figuring out the exchange rate, and trying to remember what I paid for that vase.
4. When I buy a home, I can choose my neighbors, but I can’t always choose my seatmates on a plane. (Thank heaven for the sympathetic flight attendant who can move me, or have that kid in the next row turn his MP3 player down.)
3. My generally suspicious nature makes me shy away from using a Realtor’s recommended lender, title agency, etc.- I don’t like staying up nights worrying they aren’t independent and working for me. They have a point about the gas prices though, if I took out a 125% HELOC, I could remodel the bathroom while I’m at it–then again, maybe not.
2. You don’t fly much, do you? All too often my flight is cancelled, or the plane is overbooked. It’s no big deal though if a home seller backs out- there are 49,999 other homes for sale in the Phoenix area.
1. I don’t get emotionally attached to my seat, but when I can get a whole row to myself
So there you have it Housingdoomers. Wes and I put it to you- what do you need more help with, your home purchase or your airplane ticket?