I live and work in Mission Viejo, California. We are in the heart of Orange County and I see a healthy recovery in process for our real estate. In fact we are in a multiple-offer market with home selling very fast...often before we can even get out to see them. I am now getting phone calls and emails from buyers asking me to write the offer BEFORE we go see it. We will go out and see it once we get an acceptance.

Backwards!

Now, don't get me wrong.....I am happy to write an offer for someone I've never met who has driven by the home on their own, now if I can only get them to do all the paperwork while I lay on a beach in Hawaii...it will be perfect! :)

But I see loss in this situation. I see desperation in this situation. I see frustration in this situation.

As a Realtor...I now see a responsibility to help these buyers understand the communities they are offering in. The flurry of activity has taken the exploration out of home buying. I no longer get questions about parks and schools...but about timing and the number of offers, that's my job. The buyers should explore the neighborhood they could be living in....but often they don't.

In Southern California....we have some wonderful communities. Each is unique and tailored to specific lifestyles. We have family cities...like Mission Viejo, Aliso Viejo, Rancho Santa Margarita....these cities have great schools and sports programs, parks and pools. Then there are cities which are more adult oriented..like Dana Point and parts of San Clemente.

The point is.....I used to take buyers driving. We would see these ammenities while we look at homes. They would have the opportunity to see the lakes, and clubhouses and beaches. Now? They are so frantic to get into escrow, I'm not sure they even care where it is.

It took me a while to realize that this was the trend.....but last week we got an acceptance on a home where the husband had never even seen the house. We are in escrow and he asked if he could see it? Wow! When did this happen?

I know it's not my responsibility to educate buyers on the cities...but I'm going to take it on. I want my buyers happy in their new homes, I want to make sure this is a personal decision and it's treated personally. So......while we still might need to write offers before we see the homes, I'm going to include clubhouses and beaches in the home inspection timeframes.....at least on my checklist.

 
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5 Comments on Buying Blind.....Building Value in Our Communities

NOV
07
148,755 Points 6 Featured Posts Outside Blog

I agree.

I just received an offer on a new listing and the buyer has not seen the property yet.

Although I'm happy to receive the offer, it makes me a little nervous as to how steady of an escrow would be with a buyer willing to do something so unstable.

9:39am • #1
164,435 Points 1 Featured Post

The funny thing? My buyers are buying and moving into these homes because they are so grateful to have a deal....it's the old seller's market.

9:44am • #2
Outside Blog

Karen,  In the mid 1980's we had just sold our 2nd home and were looking for our 3rd. When I found the new home I asked my wife if she would like to go see the home before we considered the purchase offer. She said no. For her it was a matter of trust and us knowing one another. I wouldn't recommend it for everyone, but fortunately it's worked very well for us. LOL

9:57am • #3
164,435 Points 1 Featured Post

Oh true.....Steve....I doubt my husband ever really noticed what house I bought :)....but it's a symptom of my market right now....this particular husband has been very interested in seeing the homes before this one....he just got tired of losing out.

10:04am • #4
214,974 Points 5 Featured Posts

Karen,

Wow! Buying homes unseen. That's something new.

11:43am • #5

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Karen Rainmaker_large

Karen Parsons-Fiddler Broker/Realtor

Mission Viejo, CA

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Great Western Realty Group

Address: Mission Viejo, CA, 92691

Office Phone: (949) 510-2395

Cell Phone: (949) 510-2395

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A Southern California agent's perspective on real estate and other things that interest me!


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