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Find your ideal co-buying partner 

These days, it’s becoming more and more difficult to break into the property market, especially if you only have a single income to work with. Enter the beauty of co-buying; a trend that is seeing family, friends and acquaintances pulling their resources together in order to make property ownership a reality.

Much like any other partnership, compatibility is a key ingredient to making this relationship work. If you’re thinking of making the leap into co-buying a property, Valentine’s Day is the perfect day to work out your co-buyer ideal match.

To help you sort out which personalities work best with your own, we’ve listed six key buyer personality types and their respective ideal matches.

Personality

Traits

Ideal match

The enthusiast

The enthusiast is impulsive. They’re optimistic and therefore can often view situations with rose coloured glasses without thoroughly thinking it through. They tend to be led by intuition and feeling rather than research and data.

Because of their enthusiastic nature they are often highly engaged in all elements of the process and good communicators. 

The analyst, controller or risk averse.

These personality types work well with the enthusiast because they anchor down their impulsive nature with research, facts and figures. An enthusiast’s bubbly, optimistic nature is well suited to dealing with the taciturn or assertive traits that can be evident with analyst or controller types. However, it’s these traits that an enthusiast may find more challenging to work with at times. In that way, the inclusive and communicative tendencies of the risk averse personality really speaks to the enthusiast and will keep them motivated and engaged. 
The analyst Often quiet and reserved in nature, the analyst is a thinker. They will conduct copious amounts of research before making any decisions. They don’t tend to ask for others’ opinions, preferring to rely on their own judgement and analysis. They will be meticulous and can often take their time to reach a decision.

The enthusiast or pacifier.

Supportive and easy going qualities of these personalities will balance out the analytical tendencies of this buyer type. Their trusting nature makes them open to the analyst’s insights and keen judgement. Their reliance on intuition will provide a fresh perspective to the hard-numbers, facts and figures approach. However, it’s the impulsive traits, along with their communicative nature that the analyst may find demanding.
The controller Assertive and decisive, the controller knows what they are after. They’re direct and to the point. The controller has done their research and is ready to roll. They want the facts – plain, simple and now. Reaching a decision is no problem for the controller, but they aren’t always a team player or consider others’ wants/needs.

The enthusiast, pacifier or procrastinator.
The easy going and diplomatic qualities of enthusiast and pacifier types make for great co-buying partners for the controller because they provide a balance to the assertive behaviour. Their trusting nature means they’re open to hearing ideas from others and they often welcome a strong influence. Just remember they like to work as a team and feel like a valuable member of that team.

Meanwhile, the slow decision making traits of a procrastinator are great to stabilise the controller’s “quick-draw” approach – making controllers pause to consider all options and alternatives.
The pacifier The pacifier is the peacemaker. They are supportive and considerate of others’ needs and opinions. The pacifier is relationship driven, as such, they are highly communicative, a team player that likes to be involved and make decisions as a unified squad. They don’t like to rock the boat – sometimes to their own detriment. Their perspective and needs can be pushed aside for others’ wants. 

The risk averse.

The inclusive and communicative tendencies of the risk averse personality makes them a great co-buying partner for the pacifier. They welcome input which means they won’t dismiss others’ opinions. They’re considered approach aims to avoid issues and remove friction that would cause the pacifier stress.
The risk averse Security and stability is of the utmost importance to the risk averse. They are well aware of the advantages of each property but are also acutely aware of the potential risks. They like to research and create different scenarios before reaching a decision. Talking through their thought process with others is important for them; they look for validation of their ideas. Alleviating risk-related fear with sensible mitigation strategies is also a must. 

The analyst or pacifier.

The analyst is the only personality to rival the risk averse personality’s love of research. As such, they will have confidence in the analyst’s judgement and take solace in their approach. However, it’s the analyst’s taciturn nature that might prove challenging. In that way, the pacifier personality’s team player approach and supportive nature means they’ll be highly engaged to a collaborative approach that is a key trademark of a risk averse character. 
The procrastinator As the name implies, the procrastinator is very slow to reach a decision. Their indecisive nature can lead to analysis-paralysis, causing uncertainty and delays in progress. Procrastinators tend to be perfectionists who fear making mistakes, and will go to lengths to avoid them. 

The analyst or controller.
The analyst’s ability to conduct and synthesise research will help the procrastinator to focus and see the forest through the trees. They’ll find the analyst’s confidence and considered approach comforting. However, both have a tendency for slow decision making that can put a halt to progress.

On the flip side, the controller’s propensity for quick decision making will certainly remove analysis paralysis. However, this is also the trait that might cause the most stress to the procrastinator.