Shifting with the market is critical. Subject to Interior Inspection....Ahhh (Charlie Brown groan) that phrase drives me crazy especially when I see it under agent remarks. Normally this is code for me to ignore the listing and scratch it off my list. It usually elicits a long tirade from me about the arrogance of the seller and his agent.
I mean really who is submitting offers based on a drive-by, subject to an interior inspection at a later date? Sure a few agents may comply but on the whole I find it a difficult concept to explain to my buyers. Yet the low inventory levels are forcing me to reassess my strategies particularly in the price range of $250,000 and under. The most sought after price range in Riverside.
Surprise, Surprise, I tried something new today. I called the agent who was seeking offers based on a drive-by cursory viewing. Guess what? Although the home has been on the market for 77 days, unheard of in Riverside which has an average of 30 days on the market, the agent had received zero offers. Duh! Obviously other agents shared my opinion about this sellers request.
Responding to my call the desperate agent gave me the tenants number and suggested I contact her to see about scheduling a visit. The tenant agreed to allow me to show the home. As we stood outside the home after viewing, my client was estatic. She loved the home. We submitted an offer the next day and we are now in escrow.
I highly recommend reassessing your strategy periodically. The market shifts and we have to shift with it. If I had not bent my rule about ignoring any home which contained the dreaded phrase "Drive-by, offers subject to interior inspection" I would not have a client in escrow about to achieve her dream home.
Of course she thinks I am just the best Realtor in Riverside.
If you are looking to sell or buy in Riverside, creative strategies are a must. Call me!