It Only Takes One

By
Real Estate Agent with United Real Estate TX #0552717

I held one of my listings open this afternoon, the second Sunday in a row.  Last week I had 9 families come through, mostly neighbors.  Today, I had two sets of neighbors, and one unrepresented buyer who really, Really, REALLY likes the house.  She has a great job (works for the government), has been with the same company 20 years, has a pre-approval letter, and is approved for more than the list price of this home (it's amazing what unrepresented buyers will tell you, but that's fodder for another post).

So, I as drove the neighborhood picking up the open house signs, I reflected on one big difference between traditional real estate sales and the real estate auction business.  In an auction, it takes 2 bidders to hold an auction.  I may have found One buyer for this property.  And, it only takes one!

Posted by

Lorrie Semler, e-PRO, GRI, SRES, CPRES, CRS
Addison Resident/Addison Specialist                                                      Subscribe Button
Real Service. Real Results. Real Estate.
United Real Estate
972-416-3417

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Rainmaker
1,477,589
Donna Harris
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

Now, put the offer in front of her and tell her to sign!

Sep 27, 2009 12:17 PM #1
Rainmaker
1,298,286
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Hi Donna.  Since her elderly mother is going to be moving in with her, she wants her mother to see it first.

Sep 27, 2009 12:21 PM #2
Rainmaker
847,347
Barbara Altieri
Kinard Realty Group Fairfield and New Haven County CT Real Estate - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Lorrie - You're absolutely right... and who said open houses are a waste of time! Good luck with this buyer.  BTW, I found my present home on an open house many years ago even though I already had a deposit on a piece of land to build a house. 

Sep 27, 2009 12:22 PM #3
Rainmaker
1,298,286
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Barbara: I enjoy doing open houses.  If this buyer gets to the closing table on this particular home, it will only be the 2nd time that I've gotten a buyer for the open house home from the open house. But it doesn't really matter where they come from, just that they get to the table.

Sep 27, 2009 12:31 PM #4
Rainer
19,157
Johnny Morrow
Track The Lead - San Antonio, TX
Simple CRM Development

When you are holding an open house, when do you put the signs out? 

Sep 27, 2009 12:59 PM #5
Rainmaker
1,298,286
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Johnny: I put a sign in the yard 6 days before the open house.  Then, the morning of the open house, I put the signs up.  It's too hot to put them up in the afternoon sun.

Sep 27, 2009 01:07 PM #6
Rainmaker
305,778
Karen Otto
Home Star Staging - Plano, TX
Plano Home Staging, Dallas Home Staging, www.homes

One is not always the loneliest number. You're absolutely right, it's all it takes for a house purchase. Good luck with this Lorrie!

Sep 28, 2009 01:45 AM #7
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Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Real Service. Real Results. Real Estate
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