Final answer:
The correct process that a consumer goes through when purchasing a home includes recognizing a problem or opportunity, searching for options, evaluating choices, making a decision, buying the home, and post-purchase reflection. The right answer is 'Problem and Opportunity, Search, Evaluation, Decision, Buy, Post-purchase.'
Step-by-step explanation:
The Process of Purchasing a Home
When considering the process that a consumer goes through when purchasing a home, it typically follows several key steps:
- Problem and Opportunity Recognition: Realizing the need or desire to buy a home, often initiated by life changes or the aspiration to own property.
- Search: Research different homes and neighborhoods, often utilizing online resources, real estate agents, and home visits.
- Evaluation: Comparing the options, prices, and features, and weighing the pros and cons of each potential home.
- Decision: Making the final choice on which home to purchase based on the evaluation.
- Buy: Completing the transaction involves negotiating the price, securing financing, and going through legal procedures.
- Post-purchase: Reflecting on the purchase decision, moving in, and dealing with any issues or buyer's remorse.
Based on these steps, the correct option for the consumer's process when purchasing a home would be:
- Problem and Opportunity Recognition
- Search
- Evaluation
- Decision
- Buy
- Post-purchase
Therefore, the answer is 1) Problem and Opportunity, Search, Evaluation, Decision, Buy, Post-purchase.