Special offer

Crafting a strategy prior to writing an offer is essential in today’s market.

Reblogger
Real Estate Agent with www.DFWAreaRealtors.com - Action Realty Group

When buying a home in todays market, many people think they can accomplish two opposing things - getting a steal of a deal and getting the house of their dreams.  Occasionally this can happen, but realistically prudence dictates that if you really want something you should be prepared to pay a fair price.  Richard Weisser put together some good points to consider - check it out!

Original content by Richard Weisser

Writing an offer correctly is essential to getting the deal done.Every buyer is different. And every buyer has different needs, wants, and expectations when it comes to purchasing real estate.

So when it’s time to write an offer, it is very important to craft a strategy that addresses each client’s individual preferences.

The first question I ask the buyer before beginning is this:

“Is it more important to you that you get this house or that you get a great deal?”

The reason that I start with this question is that I am putting the buyer on notice that I will respect their wishes regarding the offer, but there may be consequences resulting from “going for broke.”

Because if they really want the house, the first offer must be strong enough to deter the seller from seeking additional offers from competing buyers.  Sellers will generally negotiate in good faith with reasonable offers in an effort to quickly achieve a mutually acceptable agreement.

But if the buyer truly wants to “get a deal,” then I make them immediately aware that they are risking losing the house to another buyer. The important thing is to let the buyer know that they probably won’t be able to “steal” the house and it may be very difficult to repair any burned bridges.

I have seen many buyers lose great houses that are tremendous bargains for less that a $50 per month difference in the mortgage payment. In many cases they wind up settling for less later on or they give up their home search completely.

And it’s sad to see a lost opportunity, and to ponder on what might have been.

Follow Me on Twitter Follow Me on Facebook Lets get Linkedin My Outside Blog Watch my Videos on YouTube

All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
Learn more about Coweta County and Fayette County Georgia Real Estate, and to search the entire Georgia MLS for free with no registration required visit CowetaFayetteRealEstate.com! Photos of the Great Smoky Mountains National Park.

Get the latest GA Foreclosure List Updated Daily! We Do HUD bids in Georgia! 770-827-6225

Comments (0)