Three Strategies Buyers Reps can use for their Buyers Lauren Selinsky

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Real Estate Broker/Owner with California Coastal Estates BRE 01329427

Three Strategies Buyers Reps can use for their Buyers Lauren Selinsky

There are so many Buyers Representatives out there and if you do not have a Real Estate Broker or Realtor that knows what they are doing when they are representing you, consider yourself DOOMED! It is like trying to talk your spouse into buying 5 Husky puppies. Good Luck!

So, if you do not have the skills in being a a Buyers Rep and preparing yourself and your clients for a solid offer please think about being a listing agent, Realtor /Broker. Once you have the basics down in being a Buyers Rep. be sure  you have your strategy in place to get the offer accepted. What is Plan B? Is there a Plan B? Let's start with the key to success and three strategies you could learn to get your offer accepted. lauren selinsky real estate broker

Three strategies that you can apply when discussing your strategy with your Buyers when writing an offer.

#1 Pay over listing price. If, the house is priced right, you want the house, and you cannot have any other house. You have to ask your clients and yourself, "How much am I willing to pay over the listed price to have my offer accepted?"

If, the house has sat for over 30+ days I would write offer 1-2k over the listed price. If, there is in deed another offer and we all know agents /Realtors try to tell us, "I am waiting for another offer". My rule of thumb has been to go in aggresively. Again! Is the house priced right that there are so many offers?  I have won over so many offers with offers only 5k over listed price. GOOD LUCK! and remember every situation is different.

#2 Do not ask Seller to pay ridiculous costs. Are you being practical in all the costs you are asking the Seller to pay? Did you ask them to pay for your private transfer? or MOLD inspection that is not required to have? Be selective when asking the Seller to pay what costs at escrow. Do you want the offer accepted? Then, be fair!

#3 Write an Introduction about your client and follow up with a call. I do not understand why agents/ Realtors send an offer without a phone call or a cover page stating who you are and at minimum who you are !!! I have noticed when  you give a little history you have now made it personable. The Sellers Rep now has a real person on the others side and they may now relate to you better and the transaction more. Once accepted,  I now get nice feedback they now mention my clients as "The family"  or "The single mom". Depends your situation.  

Now, think before you write that offer up and make a low ball offer on a perfectly turn-key home! Do you want it accepted? Follow my strategies and guaranteed to be accepted.

 

LAUREN SELINSKY CALIFORNIA REAL ESTATE BROKER

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 CA COASTAL ESTATES

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Re-Blogged 1 time:

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  1. Roy Kelley 06/16/2017 01:00 AM
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Rainmaker
3,708,277
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing these tips. Buyers should read this post and learn from it

May 01, 2017 03:18 AM #1
Rainmaker
1,066,564
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Working with a skilled buyers agent will help buyers through these challenging transactions!

May 01, 2017 03:28 AM #2
Rainmaker
2,238,890
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Lauren.  I have a client that learned number 2 the hard way. They are primed and ready for their next offer when the home hits the market

May 01, 2017 03:40 AM #3
Rainmaker
493,715
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

A solid price and a clean contract can go a long ways. It's also important for agents to develop relationships and reputations. If the other agent has worked with you in the past and trusts you, that can be the one thing that puts your client's offer on top.

May 01, 2017 04:51 AM #4
Ambassador
3,365,212
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It is amazing to me when agents send an offer and we had no idea they even showed it. I guess we are to be mindreaders. Thanks for sharing your tips of success, Lauren.

May 01, 2017 05:36 AM #5
Rainmaker
1,249,290
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Hey Lauren...I actually have my buyers write a personal letter to the sellers....a note telling them how much they love the home, how the family fits in perfectly, etc...it seems to get us (at least) a counter offer.

May 01, 2017 07:17 AM #6
Rainmaker
3,929,087
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Lauren. These are very good tips for anyone looking to buy a home in a hot market.

May 02, 2017 04:16 AM #7
Rainmaker
635,693
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Gabe Sanders lately-- it has been an everyday hot market ;)

May 04, 2017 01:39 AM #8
Rainmaker
635,693
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Jeffrey DiMuria 321.223.6253 airRErealty.com that is a great move on your part too! Saves you from having to write it! I had a Buyers agent have their Buyers give us a letter too! My Seller went with the that couple! They were pre approved with a VA loan and their personal letter and my Seller was a Vet and accepted their offer over the other with 25% down.

;)

May 04, 2017 01:42 AM #9
Rainmaker
635,693
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Haaa Debbie Reynolds another trait us Realtor/Brokers have ;)

Mind readers, psychics, psychologists, lawyers (so they think) and CPA's!

May 04, 2017 01:43 AM #10
Rainmaker
635,693
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Gita Bantwal I hope they do as well! ;)

Nice to see you around ;)

May 04, 2017 01:44 AM #11
Rainmaker
635,693
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your California Real Estate Broker" TM #oclauren

Nathan Gesner you have a good point! Once! Yes, ONCE! I had to back out of a purchase and only because my clients kids did not want to leave the Little League team they were on and it broker their parents heart to see how devastated they were. I couldn't agree more! ;) We were within our 21 day window of our contact.

Your reputation follows you, good or bad and if you are known in the area for bad business the news spreads fast. 

May 04, 2017 01:50 AM #12
Rainmaker
4,269,609
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is excellent advice to share with prospective home buyers and their agents.

May 04, 2017 03:35 AM #13
Rainmaker
1,310,441
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Lauren, it amazes me to see agents submitting offers without even taking the time to call the listing agent.

May 04, 2017 11:17 AM #14
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