Dig A Bit Deeper For Your Buyers

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

 

 

Don't just look at brand new listings when working with special buyers.

Open up your search with homes that have longer DOM, aka 'Days On Market.'

There are reasons why homes are off the market and then maybe back on. Here is a list of reasons why homes come off the market:

 

Dig a bit deeper Margaret Rome

 

-Maybe they've changed their minds. Seller remorse. Yep, it happens.

-One of the sellers falls back in love with the home and realizes it is not the time to let it go.

-There was a lease with an option that did not work out.

-The seller has decided that they would like to keep it in the family...stay longer or rent it.

-Want to allow the kids/grandkids to finish the school year.

-Maybe they are taking an extended vacation.

-Maybe there are personal health or family situations.

-Maybe because it didn't sell, they want to try a new real REALTOR®

-Maybe they made some changes to age in place.

-Maybe they need a break keeping their home pristine 24/7.

-Maybe they feel the season has passed. With an in-ground pool, extensive flowering landscape, tennis court, etc., they want to wait until the spring.

-Maybe one owner has bought the other one out.

-Maybe they are not ready to adjust the price to meet the market demands.

-Maybe they rented it for a year or more

-Maybe it was Covid related

-Maybe they have a reverse mortgage.

Maybe a job change delayed a move.

-Maybe there is a concern with the property, needing a roof, septic, well, or another major repair.

 

There are many reasons why a property goes off the market.

Bet you can add a few more. When working with serious buyers, look a bit deeper!

 

Have questions about finding a home

Call Margaret Rome

 

Margaret Rome

 

 

Comments (19)

Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Up late Margaret? that is one of the many ways you can help buyers get up early and work late:)Endre

May 20, 2021 10:47 PM
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Going Deeper.....and very Deep Insightful thoughts on your part Margaret Rome Baltimore 410-530-2400 

May 20, 2021 11:55 PM
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Margaret.

Seen all of the above.  

May 21, 2021 12:47 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Margaret - we had one like that down here in Florida.  I asked the Realtor about it and he said it had been taken off the market because of Covid.

May 21, 2021 03:30 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I see longer days on market most often because the listing agent leaves the listing in the wrong status and one that continues to accumulate days on the market even when it is actually under contract already, haha.

May 21, 2021 05:07 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Margaret. If you don't ask the answer is always "NO"! So those who ask may get rewarded. Enjoy your day.

May 21, 2021 05:26 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

There are a lot of reasons why a house might have not sold, as you point out. It may not be the house's fault!

May 21, 2021 06:18 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret or maybe they finally came to the reality they do not have the best house on the block, and were asking way to much for it.  ☺️

May 21, 2021 02:14 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Endre Barath, Jr., What's so great about RE is we get to pick the hours we want to work...sometimes it can be all 24. :)

May 21, 2021 04:25 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI ,

Sometimes it's that extra deep bit of thought.

May 21, 2021 04:27 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

James Dray, You've seen them all and probably have a few more to add.

May 21, 2021 04:28 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Grant Schneider, For certain Covid, played a big part on the DOM.

May 21, 2021 04:29 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Brian England, Well that is not a good thing to do!

May 21, 2021 04:31 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Great point Margaret! And when you show your clients that you care to go the extra mile, they remember

May 21, 2021 05:06 PM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I've been doing this with some buyers.  Really having to work to find them homes, and that's okay with me.  

May 22, 2021 03:15 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kat Palmiotti And in this case it's not the house's fault!

May 23, 2021 08:06 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George Souto, That was not the case with this one.

May 23, 2021 08:07 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Rocky Dickerson, I do have the best clients and they know that.

May 23, 2021 08:09 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Chris Ann Cleland  But it feels so good when we work hard and find the right house for our buyers!

May 23, 2021 08:11 PM