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:
-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!
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