Is it any wonder that many of these great bank owned properties have multiple offers on a Monday morning? A majority of the buyers who are out there are weekend shoppers. They are looking at homes when it is convenient for them. It makes sense in a practical way for many people, but have you ever wondered how much money it may cost you in your purchase? Being successful in any arena means thinking outside the box and not being like everyone else.
Weekends are "retail" real estate hours. Everyone and their mother are out shopping for the best deal available. They want the best upgrades, the best price, the nicest lot, the lowest HOA and taxes, and on and on. Who can blame them? It is a buyer's market. What they may be overlooking is the fact that a good deal may be an even better one when not everyone is looking.
If you are serious about purchasing a home, why not consider shopping during the "wholesale" hours? Have you ever gone to look at homes on a Wednesday morning before? Bingo! That's the key! Even if you have to take a few hours off work, the time you are taking off may be worth a couple hundred dollars at best, but it could save you thousands in your real estate purchase!
We as real estate agents have seen the multiple offers which can be very frustrating at the very least. Especially when it is a third or fourth offer that may or may not be accepted. I think that this little tip may be a great way to get that offer in quickly and with a sense of urgency and committment. And in the end, you may just end up with a win for the buyer, a win for the seller, and a win for you as the real estate agent who saved the day!!
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