Sellers are attracted to the good looking offers.  The good looking offers get accepted.  Take a good look at your offer before you submit it -- try to make it look good to the seller if you want the property.  Get that thumbs up!!!!!!!!!!

1. Large down payments

2. Conventional loans look better with those large down payments

3.  Cash offers - that are reasonable, (hint: low balls are ULGY to a seller...just so you know)!  ALso, cash offers that can do a quick close... but be reasonable and ask for at least 21 days (you don't have to use it, but it better than extension requests).

4.  30 day close (but be careful not just say 30 day and then take 45)! 

5.  Those full figured Earnest Money Deposits (2% and higher)

6.  Contingencies that less than 17 days

7.  Inspection 10 days or less - I mean get in there and get it inspected and keep the transaction moving!

8.  Back away from asking Seller to pay for inspections fees. This is something you need and want to do, why not pay for them yourself?

9.  OK and you should ask the seller to provide the Natural Hazard Report (NHD) that's $99 bucks or less.

10. OK to expect the seller to make the property; smoke detector and hot water heater compliance (strapped and installed).

11. Back away from asking the seller to pay for repairs (especially those that are not in the catagory of safety concerns).  Especially when the sale is an "as is" sale.

12.  Let the seller chose the escrow company

 

 

There are other attractives to the seller but this is a good start.  Get those 2 thumbs up!

 

Rosemary Brooks

Patrick Williams & Associates

Mother and Daughter Realty Team

PH:         866-543-0461

FAX:        866-815-1649

EMAIL:     info@motheranddaughterrealtyteam.net

WEBSITE: www.motheranddaughterrealtyteam.com

 
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4 Comments on You are so attractive to a Seller!

AUG
22
119,027 Points 5 Featured Posts Outside Blog

I'm sorry, but as an Exclusive Buyer Agent . . . I work for the buyer.  The buyer submits an offer and if the seller doesn't like it, they can reject or counter.  I'm never going to suggest that my buyer make a 'pretty' offer to appease the seller.  In my state the BUYER has the right to select the escrow company.  Why?  Because it's THEIR earnest money, not the sellers.  Because it's THEIR loan, not the sellers.  Why not also include:  Don't forget, a real pretty offer is wrtten full price.  Send the sellers a big bouquet of flowers too . . . they lke that!

GEEZ -- it's called negogiating.  I refuse to negotiate FOR the seller -- when I REPRESENT the buyer.  Nice try though . . .

10:48pm • #1
198,193 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

Carla - I respect that. But I was writing this for buyers that a competing for the offer.  We all know you offer what you can afford, but still there is that other side... what sellers are looking for.  This was not written from a buyer's agent standpoint.  Thank you for you comment. And for the record...when I represent the buyer I would be looking at their best interest.

11:42pm • #2
AUG
23

Ya know I write whatever the client wants (within reason). Sometimes I do tell them it's a little off but it may work. I think you get more respect from a client if your up front with them.

11:02am • #3
AUG
24
198,193 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

Scott - being more of a listing agent than a buyer's agent, I see so many offers come in that if they were to know a little more about what makes the seller chose one offer over another in this multiple offer world.... this would help a bit.  This is not to say, the buyer is going to give up all that they want just to please the seller!

12:09am • #4

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Rosemary Brooks -Mother & Daughter (866)-750-8282

Stockton, CA

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Patrick Williams & Associates - 866-750-8282

Address: Stockton, CA, 95376

Office Phone: (888) 516-1975 x 103

Cell Phone: (866) 543-0461

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