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Managing FOMO and FOBO when buying property
Manage episode 383847226 series 2921058
Jarrod McCabe द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Jarrod McCabe या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Buying a property is one of the biggest decisions of your lifetime. There’s a multitude of crucial practical and financial considerations to navigate prior to purchasing a property.
But what about the psychological perspective? It’s often overlooked, but it’s a critical aspect to consider when you’re on the hunt for a property.
Over the years, we've found two main mental barriers that trip-up property buyers, and can lead to poor purchasing outcomes.
Both were coined by venture capitalist, Patrick McGinnis in a paper he wrote at Harvard Business School - FOMO (the fear of missing out) and FOBO (the fear of better options).
Jarrod looks at how you can avoid FOMO and FOBO pitfalls when you’re in the market.
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