Special offer

 Don't Hesitate To Make An Offer  

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

A recent caller on one of my pending properties stated they were upset, saying they had been watching this listing and their 'friend' thought there was plenty of time! 

 Don't hesitate to make an offer when you see a home that suits your needs. Some buyers are "trained" to show a poker face; however, this can and does backfire. If this buyer had shown any interest, they could have been encouraged to move forward. It was the right place. It was the right price. Now they regret listening to their friend.

Agents, please encourage your buyers to make an offer. Don't worry about  "insulting" the other agent or the seller. Do right for your buyer.

We have ratified many contracts where the sellers have given their bottom line, and we find out there is still a bit of negotiation, maybe with the terms, if not the price. Thinking this way may get a buyer into a new home.

A contract offer is a starting place for negotiation. It demonstrates that the buyer is interested enough to go through the process, a lender letter, sign all the papers, figure out dates for closing, home inspections, etc.   

Thinking about buying a home

Call Margaret Rome

 

 

 

 

Posted by

Margaret Rome
HomeRome Realty
Broker/Owner/Realtor®

Baltimore, Maryland


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Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

While the market has slowed in some areas across the country.  "Watching" a listing, isn't going to get you in the game.  Make an offer!

Aug 22, 2022 07:59 PM
Margaret Rome Baltimore 410-530-2400

Myrl, Go ahead and make the offer.

Aug 23, 2022 10:16 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

CONGRATULATIONS Margaret, on having this blog FEATURED in the Old Farts Club group!  

Aug 22, 2022 08:00 PM
Margaret Rome Baltimore 410-530-2400

Thank you, Myrl!

Aug 23, 2022 10:17 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Margaret - just because the market is changing doesn't mean you should wait.  If you snooze you lose.

Aug 23, 2022 03:49 AM
Margaret Rome Baltimore 410-530-2400

Grant, If it's the right house, go for it.

Aug 23, 2022 10:41 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Yes, buyers, if you like a home, go for it. You'll regret it if you don't!

Aug 23, 2022 04:47 AM
Margaret Rome Baltimore 410-530-2400

Kat, I've seen this happen on a couple of my listings. They decided to wait and now are waiting for the first buyers to back out. But that is not going to happen.

Aug 23, 2022 10:42 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Margaret,

Your post tells it like it is.,,.nothing ventured. Nothing gained. You like a house? Then at least try and get it! It could be yours but you will never known unless you try.

Aug 23, 2022 05:07 AM
Margaret Rome Baltimore 410-530-2400

Words of wisdom, Dorie!

Aug 23, 2022 10:43 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Margaret- I'll also throw in to listen to your agent who knows the local market! 

Aug 23, 2022 09:02 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Kathy Streib More words of wisdom!

Aug 23, 2022 10:44 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret even though it is still very much a sellers market, and insulting offer is better than no offer.  One might have an outside shot, while the other has no shot.

Aug 23, 2022 03:58 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

George Souto, And I tell my sellers. ' Those who didn't make an offer are the insulting ones."

Aug 23, 2022 09:56 PM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Margaret, for sharing your experience and your advice.

Aug 24, 2022 04:45 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Roy Kelley 

Thank you for the reblog. I admire how you highlight a member each day!

Aug 24, 2022 07:19 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Margaret Rome Baltimore 410-530-2400 - and I would add the Sellers say, Go ahead. make my day - make me an offer. PLEASE make me an offer! 

And I would also add, pay no attention to whatever the 'friend' thought.' Your decision is your decision and yours alone. That's my two cents, and I'm sticking with it!

 

 

Aug 25, 2022 03:44 AM
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
The Grit and Gratitude Agent

Yes make an offer especially if the property "speaks" to you.  Now is not a awaiting game as properties for the most part have been competitively priced.

Aug 25, 2022 07:06 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great post and valuable information for buyers to read. Thanks for sharing. Have a great afternoon.

Aug 25, 2022 02:45 PM