A FULL PRICE OFFER ... In THIS Market???

By
Real Estate Agent with Howard County, MD - RE/MAX 100 - Columbia MD

StarzA FULL PRICE OFFER ... in THIS market?  YES!

Last Saturday as I was pulling out of my driveway to meet my Buyer Clients at 10:20AM, a few snowflakes were beginning to fall.  By the time I reached my office ten minutes later, the roads were already covered and the forecast was for icy conditions throughout the day.  Feeling trepidatious about driving all over the County in the snowstorm, I offered to let Mr. Buyer drive for me - he chose to drive his vehicle, which was fine with me!  His profession provides training in defensive driving and he is a PRO!

driving in snow

The first house we toured had just come on the market the day before, was priced agressively, and was exactly what the Buyers were hoping to find.  There had only been one showing the evening prior, and all of Saturday's scheduled appointments had been cancelled.  The agent had a scheduled Open House for that afternoon which she cancelled, as well.Starz

Cars all around us were slipping and sliding and we passed numerous fender-benders.  But, we continued on our tour all day long, seeing all of the available options that my Clients or I had identified. Nothing beat #1.  So, we returned at the end of the afternoon for a second viewing.  Mrs. Buyer literally was clapping her hands with joy and hopping up and down, saying that this was "IT" and that the house fit almost everything she was hoping to find.  It was not quite a "10", but they could make it into one.

car in snowstorm

I contacted the listing agent who agreed that if we made an acceptable offer that day, she would cancel tomorrow's scheduled showings and mark it "under contract" in the MLS.  My Clients decided to make a full price offer and asked for a few concessions.  The Seller countered and said that if we accepted the counter, it would be my Client's house - with no further showings tomorrow. 

DONE DEAL!  A full price offer in THIS market?  YES!full price offer

Starz

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Topic:
Home Buying
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Maryland Howard County
Groups:
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Rainmaker
215,593
Wayne and Lynda Gomillion
Real Living Hagan Realtors | Pinehurst ~ Southern Pines, NC - Pinehurst, NC

Don't you just love it!?

Feb 03, 2010 06:02 AM #1
Rainer
69,094
Sue Wettstein Brazzel & Dipper Wettstein
Howard County, MD - RE/MAX 100 - Columbia MD - Columbia, MD
"Fast, Efficient, Hassle-Free Service!"

Wayne and Linda, My job?  Absolutely!

Feb 03, 2010 06:07 AM #2
Rainer
22,210
Lisa Schmitt
Coldwell Banker Honig-Bell - Plainfield, IL

I'm glad your buyers weren't afraid to go for it! I think so many buyers realize how much inventory is out there and drag their feet in the quest for a steal.

Feb 03, 2010 01:40 PM #3
Rainer
69,094
Sue Wettstein Brazzel & Dipper Wettstein
Howard County, MD - RE/MAX 100 - Columbia MD - Columbia, MD
"Fast, Efficient, Hassle-Free Service!"

Hi Lisa,

Yes, I was glad, too!  If they had made any other offer, the house would have been shown a zillion times the next day and may have had multiple offers!

Feb 03, 2010 10:45 PM #4
Rainmaker
646,927
Team Honeycutt
Allen Tate - Concord, NC

You had smart clients. I think many buyers get caught up with what they hear on the news, and want to low ball everything not realizing that the market has been taken into account and the price already reflects that.

Feb 05, 2010 01:24 AM #5
Rainer
69,094
Sue Wettstein Brazzel & Dipper Wettstein
Howard County, MD - RE/MAX 100 - Columbia MD - Columbia, MD
"Fast, Efficient, Hassle-Free Service!"

Allen, Yes!  They were smart and did NOT want to lose that house!

Feb 05, 2010 01:53 AM #6
Ambassador
2,434,950
Margaret Rome, Baltimore Maryland
HomeRome Realty 410-530-2400 - Baltimore, MD
Sell Your Home With Margaret Rome

Your clients had a smart agent! You got them the right house at the right time! Way to go!

 

Feb 08, 2010 02:57 AM #7
Rainer
69,094
Sue Wettstein Brazzel & Dipper Wettstein
Howard County, MD - RE/MAX 100 - Columbia MD - Columbia, MD
"Fast, Efficient, Hassle-Free Service!"

Thanks Margaret ... it was a lot of fun.  I love my job!

Feb 08, 2010 03:00 AM #8
Rainmaker
488,439
Kathryn Acciari
RE/MAX Professional Associates, with offices in Sturbridge, Charlton, Auburn, Spencer, and Shrewsbury - Sturbridge, MA
RSPS, SRS, REALTOR(R) Sturbridge-Shrewsbury MA

Now that's how real estate is supposed to be!  Congratulations, Sue.  Love how you named your blog, by the way.

Feb 10, 2010 10:44 AM #9
Rainer
69,094
Sue Wettstein Brazzel & Dipper Wettstein
Howard County, MD - RE/MAX 100 - Columbia MD - Columbia, MD
"Fast, Efficient, Hassle-Free Service!"

Thanks for visiting, Kathryn.

Feb 10, 2010 11:05 AM #10
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Rainer
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Sue Wettstein Brazzel & Dipper Wettstein

"Fast, Efficient, Hassle-Free Service!"
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