Mr. Buyer, You Need To Listen To Your Agent!
Mr. Buyer, you made the right decision. You found a buyer's agent who works FOR YOU! Only you, not the seller. Unless you grabbed them walking out of the Ohio real estate exam office, they've been doing this for awhile. Unless you're some super duper investor type or a Bedouin moving from place to place, chances are strong that buyer's agent you hired has been in FAR more real estate transactions than you will in your entire life. They've been there, done that, got the T-shirt and the scars to prove the journey.
They listened to you and your needs and matched you up with a home that fits. A place you can see you living in for quite some time! In your price range, great neighborhood, nice easy commute to work, everything you wanted and a bit more. Your agent has proved they know what they're doing!
So WHY at this point of the process do you decide they DON'T know what they're doing? That your agent doesn't know how to give you the best possible guidance to get you that home with your name on the deed? That suddenly some reporter in some magazine that's probably rented an apartment their entire life knows more than your agent and that you need to offer 15% less than list price for an already fairly priced home? That you can treat the sellers like you're some bank and offer foreclosure level pricing to them and they should be happy to get it? You may want to believe everything you want to know is on the Internet, but it's not.
Your agent is telling you that offer won't fly, and on top of that you start asking for thousands of dollars of closing costs and appliances that aren't offered with the home?
Sellers look at that offer and swear you're medicinally impaired. Hopefully they'll actually counter and give you a chance to reconsider your offer. When and if they do counter and their price is REALLY close to list price, they're sending you a message "Get real!". They're asking "Are you serious or not??".
If you TRULY want the home, LISTEN to that buyer's agent you hired. Her advice to you will vary neighborhood to neighborhood, maybe even on the same street! Every situation is unique and no online calculator is going to be able to successfully tell you what to offer.
She's not speaking with forked tongue. And if you think she's telling you to offer more so she'll get paid more? Not even crossing her mind. Your agent's job is to get you the home you want at the best possible price for you, but she's done her homework and she knows what price it's going to take in this market. Stop listening to reporters, your buddy at work or anyone else but YOUR HIRED PROFESSIONAL! None of those other folks have the local and specific knowledge needed to make you a homeowner.
So are your ready to try again? Our seller would LOVE to sell you their home, but the decision is up to you, not them! You made the try for the steal, now let's work on making a deal.
Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz
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