Home Buying Tips in Murrieta, CA: You Must Submit An Offer.
I can't submit your offer if you don't give me one. No matter what price you tell me you’re willing to offer… whether face-to-face during an open house, or by calling my direct mobile number… I can’t submit your offer unless you give me one in writing.
A few months ago, I listed a very nice mobile home for my client. It was clean, well maintained, and in an excellent park. The location was desirable, close to lots of shopping, with easy freeway access. After completing the CMA (comparative market analysis), the seller picked her asking price. I snapped my photos (shown here), and listed her home.
We received an offer almost immediately, for 5% below asking price. My client was thrilled and willing to accept the offer. But then I received a phone call from Janice (not her real name) who said she was interested in making an offer on the home. (Janice got my number from my sign.) I explained we already had a very good offer in-hand, and that if she wanted to make an offer, she should move quickly. So I made arrangements to show Janice the home. She arrived on time, viewed the home, and then left.
Janice then called me later that evening and said she thought the home was perfect and was willing to offer 5% OVER asking. I confirmed that her offer price would be the highest the seller had received, but that she had to submit her offer quickly since my client was ready to accept the original offer. Janice was thrilled and said she would get back to me soon.
By the next afternoon, I still hadn’t received Janice’s offer. I left her a voicemail and sent her an email asking whether she still planned to submit an offer… but she never responded. So my client accepted the original offer and we moved forward with the transaction. One month later, escrow closed and all parties were happy… well, almost all.
After escrow closed, I received a call from Janice asking why I removed my sign from the yard. I explained that the home was sold. “But you said my offer was the highest!” she exclaimed. She then proceeded to angrily express how unprofessional I was and what a disservice I did to my seller for not accepting Janice’s higher offer. I explained to Janice that I never received her offer in writing. Furthermore, she never responded to my voicemail or email. After an uncomfortably long silence, she replied, “Oh… I didn't know I had to submit an offer in writing.” I sympathized with her for her misunderstanding, but wished her success in her continuing home search.
If you find the perfect home, please, please promptly submit your offer in writing.
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Murrieta is a young, affluent community, boasting an educated, high-income population that's comparable to communities in San Diego and Orange Counties. Murrieta offers a wide range of new shopping, dining and recreational options, a diverse choice in housing, and a world-class education system. Incorporated in 1991 and with a population of just over 100,000, Murrieta was recently recognized as the safest city in Riverside and San Diego Counties.
Cradled within the junction of the I-15 and I-215 freeways, Murrieta is centrally located to businesses in Riverside, San Diego, Los Angeles, and Orange Counties. New retail centers, industrial buildings, and Class A offices have been completed with more in the planning process. With over 2,000 acres of additional available land, Murrieta is attracting upscale retail centers and quality hotels, as well as research and development/medical technology firms and first-rate healthcare facilities. Murrieta is an ideal place to locate, invest, develop and expand as it is destined to become the premier business hub for the region.
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