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Dealing With a Sellers Rejection

By
Real Estate Broker/Owner with Kolsky Realty & Management 01311273

 

Dealing With a Sellers Rejection

 

Sellers Rejection

 

You loved that home, but the seller turned down your offer! How do you deal with the rejection?

 

It might sound weird but searching for the perfect home and searching for true love have similarities. Just as searching for your true love takes time and doesn’t always happen right away. Finding the perfect home takes time and may not happen the first time around.

 

Even though a home doesn’t have feelings, you and the seller are very emotional when it comes to buying and selling a home. Unfortunately, it is common for a home buyer to have their hearts broken one or twice during the home buying process. Especially in a sellers market, it is possible to fall in love with a home, make an offer only to have the seller go with someone else.

 

So, what do you do when you have your heart broken by a seller? Healing a broken heart is not fun nor easy. With that said – here are some ways to cope when a seller breaks your heart.

 

Don’t over-analyze the loss

 

Forget about it. Analyzing why you did not get the home won’t get you anywhere. The time spent attempting to figure out what went wrong will only stop you from finding the right home for you. If the sellers picked another buyer “so be it.”

 

It’s easy to obsess over the possible reasons why the seller rejected your offer. The truth is – it happens, and there’s nothing you can do about the sellers choosing a different buyer. Sure, you could spend a lot of time thinking about why the seller did not accept your offer. But obsessing why the seller went with a different buyer and rejected your offer won’t change a thing.

 

Put your best foot forward and make your best offer

 

I’ve seen this all too many times. The first time around a buyer will want to save some room for negotiations and not make their best offer. This tactic may work in a buyers market, but using this tactic in a sellers market may prove to be a big mistake.

 

Here’s the bottom line – when you love a home, all you can do is put your best foot forward when making your offer. Remember, a seller does not have to sell to you. But as long as you put forth your best offer “if” it doesn’t work out – at least you did your best, and there was nothing more you could have done.

 

Don’t look back – you to move on

 

Once a seller has gone with another buyer you have to forget about it and move forward. Even though buying a home is emotional, you also have to be practical, too. Smart buyers consider each experience as a lesson learned, and they use that to their advantage the next time they make an offer. The truth is – you’ll find another perfect home as long as you move on and don’t look back. Getting too hung up on the one you lost is a sure way to keep you from getting the next home you want.

 

I know that it is hard to imagine when you lose the house you love. But I know from experience, there will always be another one to love. So don’t get caught up with the home you lost. Because when it is all said and done and you finally buy a home – weeks or months down the road, you’ll look back on that home you “had to have” and realize the home you have is the one you were meant to be with in the long run…

 

If you are looking to buy a home in the Long Beach area, let me be your guide through the process. I have decades of experience working buyers, and I am adept in the local real estate market. To find your dream home, call me today at (562) 225 2296 or email me at jmkinfo66@gmail.com

 

 

 

Comments(8)

Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

In a fast market like we have today, buyers are getting used to rejection and loss, mostly due to multiple offer competition. We advise our "rejected" buyers to get back in the saddle and try again.

May 06, 2016 05:45 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jon

Unfortunately there are a good number of buyers in today's market that are experiencing heartbreak, sometimes multiple times. You just have to learn from what happened, and move on to making the best effort you can.

Have a great weekend!

Jeff

May 06, 2016 06:01 AM
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

You nailed it!  Buyer's looking for "deals" are in for some major rejection these days!  Agents needs to forewarn buyers of the market conditions prior to writing and offer.

May 06, 2016 06:46 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

The seller's market in Sacramento has been cause for many broken hearted buyers.  It's hard sometimes.  The best solution is to march on, and find another house to love, and make certain to write the very best offer you can.  It can be very competitive out there.

May 06, 2016 07:41 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Jon, it's hard to prepare buyers for how crappy it feels to lose a house.  And there will be another one, but that's hard imagine when you've just come in second - or fifteenth - in a bidding war.

May 06, 2016 12:53 PM
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Eric Kodner ~ it not easy to get over something you loved, but moving on is the only way to find your true love

Jeff Dowler CRS ~ I agree with you 110% - you need to learn and move on

May 09, 2016 02:50 AM
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Shawn and Angela Miller ~ especially in a buyers market- looking for and or trying to get a good deal will only lead to heartbreak

Myrl Jeffcoat ~ all a buyer can do is act fast and write their best offer and then let the chips fall as they may

May 09, 2016 02:56 AM
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Patricia Kennedy ~ you are right- it is way easier said than done dealing with a missed opportunity. And when it comes to buying a home- coming in 2nd 3rd 4th is always disheartening

May 09, 2016 03:00 AM