{"id":97712,"date":"2014-08-11T09:35:59","date_gmt":"2014-08-11T13:35:59","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=97712"},"modified":"2014-08-11T09:36:01","modified_gmt":"2014-08-11T13:36:01","slug":"psychology-home-buying","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/guides\/psychology-home-buying","title":{"rendered":"The psychology behind first impressions, and how it affects your home buying choices"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p><a href=\"https:\/\/www.livabl.com\/articles\/2014\/08\/psychology-home-buying.html\/psychology-of-first-impressions\" rel=\"attachment wp-att-97719\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-97719\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2014\/08\/psychology-of-first-impressions-1024x811.jpg\" alt=\"psychology of first impressions\" width=\"1024\" height=\"811\" \/><\/a><\/p>\n<address><span style=\"font-size: 9.5pt;\"><em>Antonios Tsatsakis\u00a0viewing\u00a0a two-bedroom unit\u00a0in downtown Toronto. Photos: James Bombales\u00a0<\/em><\/span><\/address>\n<p>During a viewing appointment in late July, Antonios Tsatsakis cracked open the door of a two-bedroom suite in Toronto, and was greeted by a young man clad in only a towel. Empty beer bottles were strewn on the breakfast bar, emitting a stale scent, and mismatched furniture reminiscent of an off-campus student house occupied one corner of the apartment. Tsatsakis didn\u2019t even bother viewing the bedrooms. In the first two or three seconds, he knew the space wasn\u2019t for him.<\/p>\n<p>The cluttered unit\u00a0was a direct contrast to the condo tower\u2019s imposing black exterior and double-height lobby with sandy-hued marble walls and pop-art inspired paintings.<\/p>\n<p>This wasn\u2019t Tsatsakis\u2019 first apartment viewing experience. The 30-something manager at a global technology company has been looking to purchase a condo in the city\u2019s core for the past few months, but has yet to set foot in one that\u2019s left a mark (unless referring to the units with dark scuffs on the walls). His vision: a bright open space that greets him when he enters, with a large breakfast island and spacious\u00a0balcony.<\/p>\n<p>Ralph Fox, Tsatsakis\u2019 agent, said\u00a0if the two-bedroom suite was staged properly, his client would have naturally given it more thought.<\/p>\n<p>\u201cThe number one thing I\u2019ve learned in sales is that people buy on emotion and justify with logic afterward,\u201d Fox said. \u201cThat\u2019s why when it comes to making first impressions with sales, it\u2019s very important to have that emotional connection with a space.\u201d<\/p>\n<p>Fox compares it to dating. If a person fails to make a positive first impression in the first few seconds of meeting someone, chances are the pair won\u2019t develop a strong relationship. The same can be said about apartment hunting.<\/p>\n<p>\u201cIf someone disconnects with a space right off the bat, they\u2019re going to have a tough time getting their emotions around it after the fact,\u201d he said.<\/p>\n<p style=\"text-align: left;\">A <a href=\"http:\/\/newsroom.bmo.com\/press-releases\/bmo-psychology-of-house-hunting-report-home-buyer-tsx-bmo-201305020870871001\" class=\"external\" target=\"_blank\">BMO study<\/a> published in 2013 backs up Fox\u2019s observation. It found that 80 per cent of potential buyers know if a home is right for them as soon as they step inside. But even though being attracted to someone can be compared to connecting with a space, little has been written about the psychology behind first impressions for objects and places. This begs the question: does the science that supports initial encounters in social settings extend to first impressions in home buying?<\/p>\n<h2 style=\"text-align: left; padding-left: 30px;\"><span style=\"font-size: 23pt;\">\u201cIf someone disconnects with a space right off the bat, they\u2019re going to have a tough time getting their emotions around it after the fact.\u201d<\/span><\/h2>\n<p>Pascal Van Lieshout, an experimental psychology professor at the University of Toronto, has studied emotion in speech, and emphasizes its impact on decision making.<\/p>\n<p>\u201cOften certain stimuli, let\u2019s say verbal content or words that have certain meaning, have emotional context subconsciously,\u201d he said. \u201cThat means that if I hear the word \u2018kill\u2019 in a sentence, that word raises certain emotional responses in my brain\u2026 emotion is a very powerful drive that influences a lot of the things that we do, whether it\u2019s in sports or people\u2019s buying behaviour.\u201d<\/p>\n<p>Van Lieshout, who specializes in speech-language pathology, links the power of emotion to first impressions. While noticing a deficiency in a living space may not be an immediate deal breaker, he says it will often raise emotional suspicions.<\/p>\n<p>\u201cIf I notice a crack and the builder didn\u2019t see it or fix it, what does it tell me about the overall quality of the building and the developer\u2019s attitude in the first place?\u201d he asked. \u201cIt will certainly make me as a buyer more likely to inspect everything more closely afterward.\u201d<\/p>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/2014\/08\/psychology-home-buying.html\/the-psychology-of-first-impressions\" rel=\"attachment wp-att-97721\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-97721\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2014\/08\/the-psychology-of-first-impressions-1024x682.jpg\" alt=\"the psychology of first impressions\" width=\"1024\" height=\"682\" \/><\/a><\/p>\n<p>Out of the handful of studies that have looked into the psychology of home buying more generally, a 2006 <a href=\"http:\/\/pps.sagepub.com\/content\/1\/2\/95.short\" class=\"external\" target=\"_blank\">research paper<\/a> on a new theory related to human thought, termed Unconscious Thought Theory, has been one of the most influential. Although the paper doesn\u2019t address first impressions head on, it does provide insight into how people make decisions, and why complicated choices (such as buying a home) are best left to the unconscious.<\/p>\n<p>Its authors, Ap Dijksterhuis and Loran Nordgren, discovered that contrary to previous research findings, conscious thought is better at solving simple tasks (like choosing which towels to buy) and unconscious thought, described as thought without attention, is better at solving complex tasks that involve more variables.<\/p>\n<p>In other words, people are incapable of consciously considering many factors at once, which leads them to put a disproportionate amount of weight on certain elements (like the really fancy laundry room that caught a buyer\u2019s eye) and not enough weight on other factors. In the study, the authors went a step further to say that people place more emphasis on the attributes that are most plausible and easiest to verbalize.<\/p>\n<p>\u201cBecause of its limited capacity, conscious thought is like shining a flashlight in a perfectly dark room. It illuminates one aspect of a room but never reveals the whole picture,\u201d said Nordgren, an associate professor at Northwestern University\u2019s Kellogg School of Management in Illinois.<\/p>\n<p>In conducting their research, Dijksterhuis and Nordgren asked a group of participants to review information based on four apartment units and then choose the best one. One unit was made to sound the most appealing, with attractive qualities like a spacious layout and nice neighbourhood. They discovered that those given time to think while being distracted by other simple tasks, and therefore unable to use conscious thought, selected the most desirable unit. The opposite occurred for those who deliberated without being\u00a0distracted.<\/p>\n<h2 style=\"text-align: left; padding-left: 30px;\"><span style=\"font-size: 23pt;\">\u201cBecause of its limited capacity, conscious thought is like shining a flashlight in a perfectly dark room.\u201d<\/span><\/h2>\n<p>That said, people shouldn\u2019t disregard initial impressions when making complex decisions. When it comes to home buying, Nordgren said it\u2019s important to have a conscious goal in mind and develop a set of criteria, like a spending limit. This logical, rule-based way of thinking is where conscious thought thrives. Then people should give themselves time, allowing the unconscious to form a decision.<\/p>\n<p>\u201cIdeally sleep on it and check back with yourself to see if an emotional evaluation has formed,\u201d Nordgren said.<\/p>\n<p>But how significant a role does the furniture placement or dated bathroom wallpaper play in a home buyer\u2019s decision making progress?<\/p>\n<p>According to Julie Dana, an interior designer in Western New York, people often underestimate the power of home staging. Dana, who co-authored \u201cThe Complete Idiot&#8217;s Guide to Staging Your Home to Sell\u201d, says a space must appeal to a wide range of buyers, whether that means decluttering the house to draw attention toward the architectural features or removing family photographs.<\/p>\n<p>\u201cThey\u2019re trying to imagine their family in the space and not the family that already lives there,\u201d she said.<\/p>\n<p>In 2013, the Real Estate Staging Association (RESA) released\u00a0<a href=\"http:\/\/documents.clubexpress.com\/documents.ashx?key=hwLKVP0FCUXD4h7cUmsTdmuG%2BzSBcLZSxnhhiI2GmIc46OT90FBumtvtSubI9dc7FKBgzDiRsNMgHbwTDUFgj7J9QUCqYhbA3rU3T2x8ohs%3D\" class=\"external\" target=\"_blank\">statistics<\/a> on how staging influences sales. The organization studied 63 unstaged homes and found the properties sat on the market for an average of 143 days. Once those same houses received a facelift, the average selling time decreased to 40 days.<\/p>\n<p>As Tsatsakis left the disorderly Toronto apartment on that July afternoon, trying to wipe the image of the half-dressed man in the musty beer-scented unit from his mind, he acknowledged the importance of weighing the logical points against his natural instincts. \u201cNow that I\u2019ve figured out what I want and need in a space, I\u2019m able to tell if [a unit] is worth considering within the first few seconds of entering,\u201d he said.<\/p>\n<p>Fox refers to this reflection as a teeter totter, a delicate balance between lifestyle and investment.<\/p>\n<p>\u201cSometimes when you start out, what you think you want isn\u2019t really what\u2019s best for you,\u201d he said. \u201cYou need to get to the point where you know what you want and are confident that it\u2019s a good decision.\u201d<\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What you&#8217;re initially exposed to when house hunting influences your buying decision more than you think.<\/p>\n","protected":false},"author":49,"featured_media":97719,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11118],"tags":[11141,11143,11142],"coauthors":[10332],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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