Special offer

The Golden Rule is Important for getting your Offer Noticed

By
Real Estate Agent with Woodland Management Service / Woodland Real Estate, KW Diversified #1 in Forest Land Mgmt

Strategies for getting your Offer Noticed, the Golden Rule is Important Mt Taylor NM

The weather is still cold and snowy, but the market for homes in Stevens Point and Central Wisconsin is very Hot!

 

Plenty of offers on homes in many price categories

and a smart buyer and their agent will do well to follow a few Golden Rules for Buyers.

 

Following the Golden Rule is always a good strategy. 

If you were a Seller, what would you want to see in an offer?

 

     1.   Clean up your Offer

  • Agents, I know that you would like to protect yourself and your client from every possible thing that could ever happen and have the seller pay for it, but that is not going to happen, let your client know that the inspection is for informational purposes only, not an excuse to renegotiate.
  • Today's seller will not let you nickel and dime them after the inspection, don’t even bother asking. 
  • That inspection was for informational purposes only, not an opportunity to renegotiate the price.
  • Don’t ask the seller to buy you a home warranty, if you want to waste money on one then get out your wallet and buy one.
  • Don’t ask the seller to wait until you sell your other home, if you are not confident that it will close then why ask the seller to gamble on it.
  • There are dozens of other silly things that buyers agents like to tack on, remember that the seller may “Just Say NO”

 

    2.   Be Prepared to convince the seller that you have the ability to close.

  •  PROVE to the seller that you are ready to buy!
    •  A cash offer with Proof of Funds is best.
    •  If financing is needed then...
      •  PreApproval by a reputable lender is essential
      •  Preferably one that is well known and trusted.
      •  And remember that at a prequalification is garbage and that there is a difference between a pre qualificatin and a pre approval.

 

      3. Be Nice, the most important rule

  • In desperate times bullying your sellers may work, but not now, sellers will just tell you to go home.
  • Treat the seller with respect
    • Don’t insult their intelligence
    • Treat them as someone to work with, not as an adversary and you can work on a Win Win deal.

 

 

 

Remember that Sellers are there to sell a home, but not if they despise you, so follow these simple rules and you may just have a new home for your client.

Comments(9)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

These are great tips for home sellers. I hope they will read this post

Apr 16, 2018 03:03 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Bob Crane ,

It's always amazing to me that some agents get it in a sellers market and others don't! I hear some agents say my clients insisted I write this low ball offer without a the buyer seeing a lender. Really ?? What is your job as an agent? You educate them on the process? If they don't listen then find another buyer who is really a buyer!

Apr 16, 2018 04:35 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. The home selling/buying process is not a war, it is a negotiation. Enjoy your day!

Apr 16, 2018 04:50 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Bob. I think you are right with this and agree that being generous is a good idea.

Apr 16, 2018 07:58 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Bob.  These are very wise words and a great way for agents to prepare their offers and clients.

Apr 18, 2018 05:58 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Being nice always is the best approach and helps navigate through difficult situations.

Apr 19, 2018 06:33 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Bob I agree the most important aspect is to be nice to the listing agent and ask what the seller really needs, time or money or a combination of both, Endre

Apr 19, 2018 11:31 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Working with agents today with Offers on a new listing of mine, I can tell you that you hit all the right points here, Bob. The agent's buyer who won the bid was the most responsive, the kindest, had a fantastic, well-known lender's blessing on her buyers, came in strong & clean and gave my seller clients a large window of time for them to select the Closing date. Win-win...just the way I like it!

The bonus is that I have a fantastic agent to work with on the other side and am confident that this will be one of those clean & smooth transactions!

Apr 21, 2018 10:49 PM
Steve Foley Eugene
Commercial Lending Depot LLC - Aliso Viejo, CA
I'm Foley Steve Eugene a private money lender.
Hello,
 
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Thanks
Apr 22, 2018 08:14 AM