Sounds easy enough, however very few people are able to do it. In fact many people tend do the opposite and here’s why - In my experience when prices start to drop and we are in a strong buyers market there tends to be a lot of dark clouds and negative news everywhere you turn. People think that the market has not hit the bottom so why buy now… wait and let the prices continue to drop. Instead they wait on the sideline until the prices recover and everything looks safe. We quickly move back into a sellers market with multiple offers and lot’s of buyer competition and that’s when they decide to buy. I’m seeing a lot of buyer fatigue out there and some frustration over multiple offers and bidding wars. Some buyers are telling me they might sit on the sidelines and wait until the market cools down a bit. I can totally understand this way of thinking. However you need to ask yourself 2 things. 1. How long do I think this market will continue to rise before we get a pullback? 2. When we do get a cooler, more balanced market and prices start to soften will I be able to pull the trigger with all the negative news and dark clouds? In my experience buying low and selling high is way more difficult than it sounds.