This story is amazing and I just had to share. So, I met some great buyers over the Internet a couple of weeks ago and have been showing them homes. They found a home they really liked so we submitted a very reasonable offer. The home was a lower end home priced at $124,000 and we submitted our offer at $120,000. We felt confident we would get the home as there was another offer, but it was low.
The other offer was from a buyer who wanted to remain anonymous so we had to go in blindly. Well, I got a phone call today from the listing agent saying that we lost the home and they were going to accept the other offer. I was about to get upset as we would have increased our offer, but before I could get a word in, he told me to just listen to why they took the other offer.
Turns out, the lender of the other buyer, when sending the pre-approval letter to the listing agent, left the buyer's name on it. The listing agent passed the letter on to his sellers and it turns out the sellers knew who the buyers were. The buyers were the homeowners neighbors.
The offer they submitted was at $100,000, which was $20,000 lower than our offer! The buyer wanted to remain anonymous due to the the low offer they submitted. They didn't want to offend the sellers as they knew each other. But, the seller, once they saw who the buyers were, decided to accept it with no questions asked. But why?
Well, the seller recently watched the movie Pay It Forward. Turns out, the buyer is an Iraq War Veteran who, as you might imagine, is having a tough time readjusting after returning home. So, the seller knowing that the buyer was who he was, accepted an offer $20,000 less than ours and said it just felt right. And, the kicker...they have to bring money to closing to make the deal happen!
They are willing to bring money to closing in order to help a Veteran buy their home. I have never seen anything so selfless in my life. When I called my buyers and told them the story, they were a little heartbroken to lose the home, but they were extremely happy for the buyer. Who could stay mad at a story like that?
Anyways, we will be looking at some more homes later in the week, but dang, what an amazing story. What about you, do you have a crazy story in the real estate business that just blew your mind?