In this episode we discuss the phenomena of FOMO ( fear of missing out ) when it comes to real estate? It’s because Fear drives markets. We all may want to consider ourselves as very logical, analytical, and methodical decision makers, but in truth, a lot of studies have shown just how emotions play a huge roll in the the things we choose to do.
You’ve no doubt heard that your home might very well be the largest investment you will make in your lifetime, so to think that we’re not always being rational, is a bit scary. We discuss in detail how to better understand the way emotional reactions drive markets, and how a steady approach can help you step back, see the big picture, and make the right decision when it comes to buying, selling or investing in Calgary real estate.