Sellers, Are you ready to compete for Buyers?

By
Real Estate Agent with Century 21 Results Realty

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That's right...

Buyers are looking at homes, and they still have a choice.

Don't get me wrong, there is competition among Buyers for some homes, but the competition goes both ways.

Buyers that don't snap up the deal fast enough might find that they lose it to another Buyer.  And Sellers that don't accept solid offers might find that they lose the Buyer to another Home (Seller).

 

from Lane's "other" blog...

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Topic:
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Georgia Gwinnett County Lilburn
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Ambassador
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Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

Well, if they're not, they might as well forfeit the game and not waste their, and your, time!  In this market, so much is beyond our control that it's important to do everything possible to up your odds of snagging one of the few qualified buyers.

Aug 31, 2009 03:47 AM #1
Rainmaker
1,431,110
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I tell my buyers to put in multiple offers.  Some Listing agents are offended by this!  Can you believe it!  Turn about is fair play.

Aug 31, 2009 05:34 AM #2
Rainmaker
156,086
Bill Risser
Fidelity National Title - Saint Petersburg, FL
Fidelity National Title - Tampa District

Lane - Here in AZ, the stories I hear are about listings with 15-20 offers.  The buyer must act quickly and decisively if they want the particular home...

Aug 31, 2009 07:19 AM #3
Rainmaker
244,723
Bonnie Vaughan
Scranton, PA
CNE SFR - Buyers/Sellers - Lackawanna & Surroundin

Lane,  He who hesitates is lost.  We try to tell that to folks.  When a home is well priced and in nice condition it won't last long.

Aug 31, 2009 08:09 AM #4
Rainmaker
575,553
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Some times buyers think they can be in control on every transaction. When the seller prices it appropriately they don't give buyers as much control when several buyers have interest in the property.

Aug 31, 2009 01:06 PM #5
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Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Thanks folks.  There are a lot of homes that are winning the competition... and WAY more that are losing it.  Sellers and Buyer both need to remember that they aren't the only players... there are lots of homes, and there are lots of buyers for some of them.

Sep 03, 2009 08:39 AM #6
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