Special offer

Writing on the First Home you See

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

The call comes in with an interested buyer, and they have found the home of their dreams on-line.    Can you show it right away?    They want to write an offer and get it under contract as soon as possible.

 

 

Photos can (and do) sell a home, but the photos do not show some of the very important sectors of the home.   Recently had a transaction terminate after the inspection, and the photos showed a beautiful home.   The photos did not reveal the 60 amp Federal Pacific electrical panel, the structural issues, negative drainage, sewer line blockage, roof issues or the 30 year old furnace.   Maybe that home with awful photos is the one that is the best! 

 

Many times buyers get their heart set on a home they have seen on-line, but I always recommend showing more than just that one home.   This way you can see all the properties that would meet the specifics required.    I sure would not want the buyer to wonder if there was another home out there that would have been better after closing (or even after inspection/appraisal).

 

My recommendation is not to see just one house --- see as many in the area that fits the needs before making a decision.

 

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(51)

Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Joan. You are right, folks should see more than one home, but after they have seen a few and are still drawn to the one they originally called on, then I guess it is meant to be.

Aug 22, 2015 08:06 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Joan, You are a good buyer agent and always give your clients good advice. 

Aug 22, 2015 08:54 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, Joan, selecting a home solely on pictures from an online source can be a huge mistake.  On the other had, waiting too long to make a decision in a hot market can be a mistake as well.  Even if it's the first home they saw.  The key is to listen to your Realtor.

Aug 22, 2015 09:10 PM
Shanna Hall
Real Estate Solutions - Kirkwood, MO
I love selling houses!!!St. Louis, MO 314-703-1311

Joan- people think I am crazy but the first time I take a buyer out- we see at least 7 houses.  I do this in case they find the one they want- they can feel comfortable that they have seen enough to know they are making a good decision.

Aug 23, 2015 01:15 AM
Yolanda Cordova-Gilbert
Richmond, TX

Joan,

 Just stopped by to say hello and see if you had posted anything new! I hope you are having a great day!

Aug 23, 2015 07:05 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Joan, 

i hope you are having a relaxing day today and not working like you always do. have a great evening if possible. 

Aug 23, 2015 07:41 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

It's always a good idea to look at a few other homes, just to make sure that the selected one is really the best option.

 

Aug 23, 2015 07:42 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I too am more comfortable when the buyer sees more than one house so he can be sure and make a comparision. However I have had some buyers refuse and only want that first house.

Aug 23, 2015 11:12 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Joan

Your post is a hot topic . . . . with a lot of actively.

Good luck and success.

Lou Ludwig

Aug 23, 2015 12:57 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We hear it all the time, I need to see this house in person...and we Agree!

Aug 23, 2015 09:01 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, I am much more comfortable when a buyer sees more than one house and writing an offer site unseen isn't something I'll do anymore unless it's for one of my investors. Pictures are a selling tool but, nothing replaces seeing the home itself.

Aug 23, 2015 11:00 PM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Joan, sometimes it works but buying a home is a big investment, why not see more than just that one home they found "online". I could probably count in one hand where buyers purchased the first home they fell in love with.

Aug 23, 2015 11:50 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good Monday morning Colorado Realtor Joan Cox -

Excellent real estate advice for any buyer in any area.

Aug 24, 2015 12:21 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Joan Cox 

Excellent advice - I agree that it is important to see more than one home to help prevent buyer's remorse!

Aug 24, 2015 03:12 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

And sometimes the very first home IS the right one, but I still make them look at the others that are scheduled.

Aug 24, 2015 12:10 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

I have had people write offers on their first day out, but never on the very first house

Aug 24, 2015 01:32 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It's always good to look regardless of how sure you are because you can get further ideas about your home and ideas for how you want to live in the space and how you want to space to live, so to speak.

Aug 24, 2015 04:03 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I've seen all kinds of scenarios: from first offers on first houses, to drawn out offers that seem to take forever.

Aug 24, 2015 04:05 PM
MaryEllen Kuehl
The Kuehl Group, Inc. - Chicago, IL
Redefining Real Estate

I agree with Amanda Davidson that, "I am much more comfortable when a buyer sees more than one house and writing an offer site unseen isn't something I'll do ... Pictures are a selling tool but, nothing replaces seeing the home itself."  I would add to that: I believe that selling a home either sight unseen or without showing other comparable properties in the same market area could be construed as negligence, not working in the client's best interests and leave one open to liability if something went wrong.  One can still write and present an offer quickly if it is a hot, competitive market without sacrificing important and necessary due diligence.

Aug 26, 2015 06:33 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Once may NOT be enough...so true !

Aug 27, 2015 02:47 AM