Bristow Buyer Success on the First Trip Out
Until today, only ten of the eighty-one buyers I have represented in my real estate career since 2005 were decisive and bold enough to make an offer on a home they saw the first day they were out house hunting. Today, Bristow buyers closed a home that they saw the first day we saw while house hunting, and they couldn't be happier. That makes eleven buyers out of eight-two that I have represented that have gone for it on day one.
Not every buyer is cut out to make that all important decision to make an offer on a home they see on their first house hunting trip. Some buyers find exactly what they want the first day out, but their hesitance to move too quickly, results in a feeling of remorse if they lose that first home they loved. I can't tell you what it is deep inside a buyer's mind that makes some hesitant to act and others more than willing to go for it.
My buyer-clients that purchased the home at 9766 Upper Mill Loop saw this home, and two others on our first and only home tour. They took a night to sleep on what to do with their runaway favorite. It was completely renovated, except for not having a new roof, but the roof it had was in decent shape. In the morning, it was decided that Upper Mill Loop was the one. They were lucky it was still avaible, but that night of sleeping on it did have them approaching a multiple offer situation. After discussing how to make the best possible offer, we wrote it up and sent it over to the Listing Agent. My buyers were delighted to not only beat out the other buyers, but not have to have their escalation clause called into action. They got the home for $505,000, just $6,000 above the $499,000 list price. Of course, they did get some closing cost help...$8,000 to be exact. So the net sales price to the seller was slightly less than the original list price.
One of the things that made it possible for my buyer clients to win this home is their ability to write a non-contingent offer. Would they have liked to make the purchsase of this home on Upper Mill contingent on the sale of their existing home? Sure. But that's not how buyers will in a mulitple offer situation. So they consulted with their lender and found they would be approved for the loan without the home sale contingency. That, and their reasonable request for closing cost help. It still amazes me that some buyers go into multiple offer situations and will ask for outrageous amount of closing cost help.
In the end, my buyers could not be happier. They have not once gotten cold feet over going under contract with a home they saw their first day out house hunting. Today, signing to make this Bristow home theirs, they were over the moon.
Do you need helping finding your next Bristow home, or selling your current Bristow home? Give me a call at 703-402-0037. Since 2005, I have been a full-time Bristow Real Estate Agent.