An Input-Based Approach to Joint Decision-Making

Co-buying decisions are complex and multi-dimensional.

An input-based approach simplifies making tough decisions by breaking each one down into its basic components or 'inputs.' This method allows co-buyers to focus on individual elements, making decisions that are more clinical and less overwhelming.

💡 Fast Facts

Group decision-making is proven more effective when decisions are broken down into stages and consensus is systematically built.

Evidence also suggests that smaller groups of 5 or fewer people are better at making important decisions.

Like completing a puzzle, a structured approach to co-buying is best. To solve a puzzle, you first find the edge pieces and complete the perimeter. You can then group the remaining pieces by color and use the picture on the box to fill in the middle bit. This course defines a similar methodology to tackle co-buying.

Those who "just wing it" are likely to run into problems. Without a process or structure, many of these groups struggle to make progress and end up stalling. The more troubling scenario arises when one of these groups manages to close on a home purchase, and a problem presents itself later and larger, leading to litigation or worse.

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⚠️ Common Mistake

58% of US homebuyers start by searching for homes online. Most report that they “...lack the education they need to feel confident purchasing a home.” Source

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