Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Donika Parker 

Really great post. Welcome to Active Rain! So glad you are here. Have a wonderful week. 

Aug 02, 2016 05:36 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Donika Parker, Welcome to Active Rain and congrats on your first blog post here.  This is a great place to meet and intreact with awesome professionals.  You will also have the opportunity to learn about different real estate markets. Also, best wishes with your business.

Aug 02, 2016 07:02 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Great tips.  I have found in a couple of cases this year, that a personal letter of introduction has made the difference.

Aug 02, 2016 01:14 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Important information for smart buyers in todays markets Donika.

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
Bob

Aug 02, 2016 01:16 PM
Martin Kalisker
Greater Boston Association of REALTORS - Boston, MA
Professional Standards & Legal Assistant

The beauty of Active Rain is learning from others across the country and understanding and managing buyer "instincts" when they want to buy locally. Because, all I can say is "we sure do things differently up here!"

Aug 02, 2016 01:54 PM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Donika Parker ,  Welcome to Active Rain and congratulations on your "Feature", on your very first blog.

Aug 02, 2016 01:59 PM
Donika Parker
Maximum One Greater Atl. REALTORS - Roswell, GA

Thank you, everyone, for the comments and the support! Joan Whitebook, I agree with you, writing a letter for the sellers could make a difference.

Aug 02, 2016 02:41 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Donika Parker - these are the things that we can control! What we cannot control is - the number of offers on that listing and how high it could go!

Aug 02, 2016 04:24 PM
Lynn B. Friedman CRS Atlanta GA 404-939-2727
Atlanta Homes ODAT Realty - Buckhead - Midtown - Westside ... Love our City - Love our Clients! - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Donika Parker 
Yes, I too have had to swim in the MULTIPLE OFFER swimming pool called Metro Atlanta! Welcome to AR! Lynn

Aug 02, 2016 04:59 PM
Jon Quist
REALTY EXECUTIVES ARIZONA TERRITORY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

Not as bad here, but good homes under 300K don't last but 3-4 weeks. Not good if you represent buyers.

Aug 02, 2016 05:05 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Congratulations on your first blog post Donika Parker!

...and a featured post to boot!

We like your writing style!

As REALTORS® who have been here for almost 10 years, it's well worth it!

We wish you great success with your blog posts and networking with other members of Active Rain!

We clicked the “Follow” button on your profile so that we will be alerted to your future blog posts and can read and comment on them, and we invite you to "follow us" - should you be interested - by clicking the “Follow” button you see underneath our photo to the left. There is no requirement or obligation for you to do so, but we would be honored if you choose to do so!

Being “Followed” by another member gains you 50 points, and following another member gains you 10 points.

 

More information on the Active Rain points system can be found at this post:

http://activerain.com/blogsview/4563477/the-activerain-point-system

 

This will tell you what activities in the ‘Rain earn points.

If you have a “Rainmaker” account, your blog posts will be visible to the public - a very 

good thing.  You will get the most “bang for your buck” if you “optimize” your blog posts. More information about how to optimize your blog posts can be found at this link:

https://activerainuniversity.com/unit/write-a-blog-post/?id=4863

Once you reach 500,000 points you are entitled to a FREE Rainmaker account.

 

If you are currently paying for a Rainmaker account - then the sooner you reach the 500,000 point mark, the better for your wallet!

As we mentioned earlier, one of the best ways to get started is to read through blog posts and questions, identify members who you like to read, follow them, comment on their posts or respond to their questions, and post or ask questions yourself!

Two final links that may be of interest to you:

The Active Rain Leaderboard:

http://activerain.com/social/leaderboard

and the Active Rain Top Bloggers:

http://activerain.com/topbloggers

We look foward to seeing your name in lights!

If you have any questions that we can help answer for you, please don’t hesitate to reach out to us - we’re always happy to be of help if we can!

 

Aug 02, 2016 09:33 PM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Donika Parker congratulations on the feature....well deserved!  and the bottom line to having a winning shot at a multiple offer situation is to make it the highest and best and the very cleanest deal you possibly can...

Aug 02, 2016 10:20 PM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

and welcome to ActiveRain... it's a great place to learn, share, market and network....and I hope you enjoy it and benefit from all of it....

Aug 02, 2016 10:21 PM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The agent or broker who pinned the price on the property donkey could be too low so the paying above listing price hesitation needs to be addressed. The higher number could still be a good deal if the limbo pole was too low to begin with... the market has spoken on the end result value of the day.

Aug 02, 2016 11:07 PM
Shirley Coomer
Keller Williams Realty Sonoran Living - Phoenix, AZ
Realtor, Keller Williams Realty, Phoenix Az

Welcome to ActiveRain.  Great first post which nailed many of the issues that can keep a buyer from being the successful bidder on a house!  

Aug 02, 2016 11:07 PM
Kevin Kueneke
Caliber Home Loans - Encinitas, CA
San Diego Mortgage Banker

Donika - thank you for the detailed list. These are all things that my top Realtor referral partners discuss with our clients. I think someone mentioned it in an earlier comment, but a cover letter from the buyer's agent as well as "why we would like to buy your house" letter from the buyers seem to go a long way too.

Great post!

Aug 02, 2016 11:21 PM
Donika Parker

Yes, anything that can touch the seller's heart and make them like one particular buyer over the others helps and the same holds true for the buyer's agent letting the seller's agent know why their client is excited and very qualified to buy the house. Those two shoud be on the list as well. Thank you for the comment!

Aug 03, 2016 10:21 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Here we get a sample of professional thinking & doing. The results? Success!

Aug 02, 2016 11:46 PM
Chris Lima
Atlantic Shores Realty Expertise - Port St Lucie, FL
Local or Global-Allow me to open doors for you.

Welcome to ActiveRain Donika Parker

Aug 02, 2016 11:46 PM
Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

Way to go! Great post. Buyer education is key. Love it when I inform the potential buyer of multiple offers and they still want to go in 10% under asking.

Aug 03, 2016 12:05 AM
Donika Parker

I has happened to me too. And of course, they lost. Thank you for the comment!

Aug 03, 2016 10:23 PM
Tim Maitski
Atlanta Communities Real Estate Brokerage - Atlanta, GA
Truth, Excellence and a Good Deal

In order to win in some areas, it seems that the winning ticket is to remove the appraisal contingency.  I lost a few to buyers doing that and then I won one because I had a buyer who was able to do that.  Not all buyers can do that but for the ones that can, it can help a lot.

I think it also helps in some cases to present your buyers as nice human beings.  Sometimes you get lucky and something personal seems to touch the seller and makes them go for one buyer over another.

Aug 03, 2016 12:30 AM
Donika Parker

Yes, removing the appraisal contingency is a strong point in the buyer's favor.  I had a cash offer on a listing recently where the buyer made it contingent on appraisal (and a bunch of other things), so the seller ended up rejecting it. Adding a personal touch definitely helps. I should have added that to my list actually. Thank you for commenting!

Aug 03, 2016 10:29 PM
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Great post!!!

If you are in a multiple-offer situation, making your offer attractive to the seller does not stop at offering a high purchase price

Aug 03, 2016 12:44 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Makes sense...the cleanest offer will have the advantage when there are other offers.

Aug 03, 2016 12:49 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Welcome to the rain where we all help each other and learn from each other.  Great first blog, I will follow you to learn more from you!

Aug 03, 2016 01:26 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Yes, these are good ideas to help win in a multiple-offer situation. Thanks, and welcome to ActiveRain!

Aug 03, 2016 01:47 AM
Jeffrey Aleckson
Keller Williams Classic Realty - Coon Rapids, MN
Your Trusted Real Estate Partner

Great article with awesome tips!  Welcome to ActiveRain - you will enjoy it here!

Followed.

Aug 03, 2016 02:11 AM
S. Leanne Paynter ☼ Broward County, FL
United Realty Group, Inc. - Davie, FL
Davie, Plantation, Cooper City & Weston Specialist

In my area, I'm always surprised by the amount of agents who use the default number of days for inspection period (on our As-Is contract it's 15 days).  There is no reason why inspections can't be performed/completed within 7-10 days MAX.  That contingency alone can mean the difference between winning or losing a multiple offer situation, all other terms being equal.

Aug 03, 2016 02:13 AM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Donika Parker - And if #8 is a must, have it in escrow already with a strong buyer. Have a client like that now.

Aug 03, 2016 02:17 AM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

This is an exceptionally well written post. Great job for your first here. 

Aug 03, 2016 03:00 AM
Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

Great blog filled with excellent points. It's not always the higher bidder. Many factors are involved.  Making your offer incising for both sides is a win win.  Welcome to Active Rain.

Aug 03, 2016 05:02 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Excellent offering to help buyers as they get serious about purchasing a home, Donika. It was also great to see you sharing additional resources by other top real estate bloggers too. Nicely done!

Aug 03, 2016 08:16 AM
Donika Parker

Thank you, Anita! It means a lot coming from you. Thanks for liking my FB page as well!

Aug 04, 2016 05:22 AM
Robert Vegas Bob Swetz
Las Vegas, NV

Wonderful post Donika, welcome to ActiveRain and congrats on your first post getting featured.

Aug 03, 2016 11:45 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Lots of good tips.  Congrats and welcome to Active Rain.

Aug 03, 2016 12:35 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Donika Parker ,

Welcome to Active Rain! Congratulations on a worthy featured post. Your post summarizes some good tips to win in a multiple offer scenario. I subscribed to your blog.

Aug 03, 2016 09:27 PM
Jim Holder
HomeSmart Connect - Arlington Heights, IL
REALTOR EMERITUS, ABR,ePRO,CNC,SFR,

Yes, here's where an agent can shine or flunk. Yes EM sends a message. How about a 10% deposit? I like having the buyer write a note to the seller saying how much they love the home and the neighborhood. It's been said ''we don't sell real estate, but we sell people to people."

Aug 03, 2016 11:17 PM
Donika Parker

Totally agree with you.  If I rewrite this blog, the personal letter will definitely be on that list because it does matter when people like you. Thank you for commenting on my first blog here!

Aug 04, 2016 05:18 AM
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse specialist

In NYC supply in most neighborhoods is barely existent, and demand is intense. Comps are getting thrown out the window in many cases and all cash is routine. Any information that can help a buyer overcome multiple bids is useful.  

Aug 04, 2016 12:06 AM
Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Don't you love it when your client listens to you and does as you recommend? And then gets their dream home!

Aug 04, 2016 01:12 AM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

(404) 519-5017 Donika ParkerReal Estate Agent with Maximum One Greater Atl. REALTORS in Roswell, GA.

Aug 04, 2016 03:29 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I love your post. Thanks for sharing.

Aug 04, 2016 05:47 AM
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Great tips.  I'd make one minor modification and say "the higher the earnest money, the more interest you show in the property."  I'd also suggest adding a line that says "contact the listing agent to discuss what terms and service providers the seller would like to see."  Giving the seller one thing less to counter is always a plus.

Aug 04, 2016 07:56 AM
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN Fonville Morisey Cary, NC - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

Great tips! Welcome to Activerain and congratulations on your first post!

Aug 04, 2016 03:45 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Congratulations on your feature !  Home sale contingencies and closing cost credits are a thing of the past in our thinventory market and sounds like yours is just the same way !  Enjoy your weekend.

Aug 04, 2016 10:27 PM
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

The one with the highest and best offer with the least contingencies has a great shot at winner the bid.

Aug 08, 2016 12:16 AM