Special offer

If 2005 Was The Year of The Deal, 2008 Is The Year of The Offer...

By
Real Estate Broker/Owner with Buyers' Choice Realty

Here is a summary of my day:

 

1.  Wrote three offers for three different Buyers.

2.  Countered the counter to the counter on another offer.

3.  Took two listings.  Does anyone want a 15 lot subdivision already permitted and ready to go?  A steal at only $ 250,000!!!  (...And, yes, the developer is losing his shirt...)

4.  Followed up on three closings happening on Friday.

5.  Brought two different buyers a step closer to making the offer (maybe tomorrow?)

6.  Negotiated two new offers for my Seller clients.

7.  Forgot to call a lead back and provide information promised.  (Oops?)

 

...A Whole Lot of Offers Going On...   It is not unusual to write 10 offers for every offer that actually closes.   The deals die not only on the negotiating table, but also afterwards, due to financing, HOA issues, The Vacation Rental Act, you name it...   I am one of the lucky, successful Agents who brings these to fruition, but, oh, God, how I work them! 

 

I am really earning my keep in 2008!  It is fierce out here.  If you are not sharp as a tack, if you even look away, gone is the opportunity.  Here is an example:  I noticed at about four o'clock today that the price for a listing in an oceanfront building I am following showed as $ 69,900.  When I checked it this morning it was priced at $ 104,900.  I immediately called the listing agent: 

"When did you lower the price", I asked.  

"Three hours ago", she answered.

Three whole hours and I didn't notice?  That's a "D-"for me!

"Did you get any offers yet?"

"Nope", she answered.

"I'm bringing you one within a couple of hours", I said. 

Done!

 

Is it competitive?  You bet!   Do I love it?  You bet!  Am I tired in the evenings?  You bet! 

 

Is this a good time for Buyers to pick up Oceanfront property in Myrtle Beach?  You bet! 

 

PS:  I have to give thanks to my wonderful assistant, Brie, who is the most intelligent, sweetest and most productive assistant  I've ever had.  Without her, I wouldn't be able to have this productivity.   

 

Myrtle Beach Real Estate by Mirela Monte

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Tina Maraj
RE/MAX One - Fullerton, CA
Celebrating 30 Years of Real Estate Sales
Totally funny post. I am also writing so many offers. At least we are working!
May 06, 2008 04:12 PM
Bo Buchanan
Kettley Realtors - Oswego, IL
You are a mover & a shaker m&M!  You've inspired me!
May 06, 2008 04:13 PM
Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor
Darn you already have a good assistant! lol
May 06, 2008 04:30 PM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate
Yes, and I'm looking for a second one!  We are just too busy.   Any ideas?
May 06, 2008 04:51 PM
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team
Great post, It was really funny!  Thanks for sharing.
May 06, 2008 06:01 PM
Audrey June-Forshey
RE/MAX Realty Services - Darnestown, MD
GRI, Gaithersburg, MD

You day sounds like mine.  I have been coming home at 9:00 and 10:00 at night, but not complaining, just happy to be so busy.  Not listening to the TV, they don't know what they are talking about.

My assistant is Maria, I cant live without her either!!  Funny post!!

May 07, 2008 12:45 AM
Chuck Willman
Chuck Willman - Alpine, UT
NewHouseUtah.com
What a great day! actually... can you send me a little bit of info about the 15 lot subdivision? If it's slated for single family detached and has curb and gutter already in place I may have someone who'd be interested.
May 07, 2008 06:26 AM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate
Chuck, glad to do it!  Time is of the essence...  If you have an interested buyer, let's put it together soon-soon... 
May 07, 2008 07:22 AM
Anonymous
Brie Bender (Mirela's Assistant)
Thank you Mirela!  You know I work my butt off everyday, but somehow it's always still there!  Thank you for keeping me busy :)
May 07, 2008 07:36 AM
#9
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

Yes, Brie, you do!  Much appreciated! 

Darn, I still forgot to call that lead!  Please remind me tomorrow!

May 07, 2008 11:54 AM
Roland Woodworth
Blue Cord Realty - Clarksville, TN
Blue Cord Realty
Monte: Sounds like a GREAT DAY !  Good luck with then all !
May 07, 2008 12:02 PM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

Hang in there their will be better times since real estate is in cycles!

Tom DAVIS Realtor

May 07, 2008 04:59 PM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate
Tom:  These ARE the better times!
May 08, 2008 10:54 AM
Dan Woodworth
The Connection - Garden City, ID
Encouraging Communicator

Hi Mirela,

Excellent post!

You are clear, concise and compelling!

Those who adapt the quickest are the most successful!

May 08, 2008 12:02 PM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

Dan:  "Clear, concise and compelling!"  I love those words!  You are an encouraging communicator, Dan!  Thank you!

May 15, 2008 10:30 AM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

I was going over my old blogs and found this one, written in May. 

How true, how true! 

I don't know about you, but I write dozens of offers every week, only to garner 1-4 transactions per week. 

I would love to hear from you on this subject! 

Nov 22, 2008 08:27 AM
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT
Broker-Mentor,CRS

Watching those prices drop can be a wonderful thing, if you are the one who is catching them!  I advise my clients to look for any waterfront or vacation properties now.  Some people just cannot afford to keep two homes up.  Buyer's advantage:)

Nov 24, 2008 04:05 AM