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Back-Up Offers in REAL ESTATE - We Encourage Them, SALE PENDING DOES NOT MEAN SOLD.

By
Real Estate Broker/Owner with F.C.Tucker 1st Team Real Estate

Sale Pending Means Continue to Show The Home We closed today on a Fixer Upper Home in Northwest Indiana. 

It was not the first offer written on the property, that offer expired and our seller did not want to grant any further extension of time since showings were plentiful.

It was not even the second offer on this property, that was supposed to be "a sure thing" to close, but it wasn't :(

It was the Back - Up Offer to the second offer that Closed within a few days of a mutual release being executed by all parties!

We have always encouraged our clients to continue showings on their property that is listed with us, even after an accepted offer to purchase has been agreed upon by all parties!

We also encourage other co-operating REALTORS who show our properties, that BACK UP OFFERS are welcome!

Sale Pending Does Not Mean SOLD !

At the beginning of each Listing, we relay to our Sellers, that the REAL WORK in REAL ESTATE TRANSACTIONS begins after the negotiated contract has been signed by all.

Getting the deal to Close nowadays is where professional expertise is vital.

Having a Back Up Offer in Place is good, just in case circumstances come up....things that are not re-negotiable or unforseen, that may cause the First Deal to Die.

A Backup offer is the best shot of Adrenalin to restart Seller Confidence that the Home will Sell and CLOSE.

 

 

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This is just one in a series of Posts For Localism By Jeff & Grace Safrin, F.C. Tucker Advantage Realty, Serving Northwest Indiana...on HOMES SOLD IN A MARKET THAT's NOT SUPPOSED TO BE GOOD.... 

The Journey To CLOSING a Home Sale Can be Difficult, Success is Collaborative WORK - Another NW Indiana Home Sold By The Safrin's

DeMotte, Indiana Home - Jeff & Grace Safrin of F.C.Tucker Advantage Realty Found the Buyers!

You Can ...Put it on The Board - Another NorthWest Indiana HOME SOLD By The Safrin's

13 weeks to Complete a SHORT SALE that almost didn't Close - Lessons Learned

Our Sellers Become Our Buyers!

Safrin's Found The Buyers For This La Porte Indiana Home

Listed AND Sold By The Safrin's - Home and Farm LAND in Northwest Indiana.

Cash Buyers Are Coming Out to BUY REAL ESTATE !

Valparaiso, IN - First Time Homebuyers are out in a Market that's not supposed to be good :)

 Reverse Offers in Real Estate - A Paradigm Shift for the Northwest Indiana Market  !

Who is NEXT ? Referrals come from asking !

1st BORN, 2nd Wife, 3rd REALTOR...

Tri-Omino Effect on Closing with 3 peat Clients! Another VALPARAISO HOME SOLD by The Safrin's in a Market That's Not Supposed To Be Good !

IN A MARKET THAT'S NOT SUPPOSED TO BE GOOD, Jeff & Grace Safrin Found the Buyer For This Valparaiso, IN Greenfield Creek Home - Why Did it Sell ?

A Step on the Path To Successful Real Estate Transactions...

 

Jeff & Grace Safrin REALTORS - "Spouses Selling Houses' TM

 

Please feel free to Contact us @ 219-405-1232 or, click the below to read / subscribe to our email newsletter with valuable Relocation Information.

NW INDIANA remains a Great REAL ESTATE MARKET check our past---> SOLD HOMES !

 

Thanks for Visiting our Blog! To read more about local NW Indiana events, sports, and more, click our blog link below. For more homes for sale view our Other Listings @ www.safrin.net& client testimonials!

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Disclaimer: The opinions expressed by those providing comments are theirs alone, and do not reflect the opinions of Jeff and Grace Safrin of F.C. Tucker Realty. Jeff and Grace Safrin and F.C. Tucker  Realty are not responsible for the accuracy or content provided. 

 F.C. Tucker Realty

Comments(6)

Jacqueline Tolstyka
Coldwell Banker Schmidt Realtors - Cheboygan, MI
Realtor - Selling Beautiful Northern Michigan

Jeff & Grace, My Buyer is currently in a back-up position. I'm with you, if that first one doesn't make it then the Seller has "another bird in the bush".

Aug 28, 2008 12:52 PM
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Great way of putting it Jacqueline :) - hope it works out for you soon! Appreciate you taking time to stop by and share.

Sincerely,

Grace

Aug 28, 2008 12:56 PM
Danny Thornton
R & D Art - Knoxville, TN
WordPress Guru

Jeff & Grace, you said it just the right way. Sale pending never means sold.

Aug 28, 2008 02:46 PM
Elizabeth Nieves
The Elizabeth Nieves Realty Group - Durham, NC
Bilingual Raleigh - Durham North Carolina Real Estate Team

Grace!! It is soooooo good to read your post again. You always have such good advice and encouragement. I've missed you and all of my AR buddies. I have a lot to catch up on...and I will. PROMISE!! GBU!

Aug 28, 2008 03:11 PM
Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent

oh, the back-up plans, so, this means we have closigs in NW Indiana.  oh, yeah, I have had a few of those.  Good Job guys

Dave

Aug 29, 2008 01:37 AM
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Hello Danny - As an experienced lender - you know this better than we do !

Hello Elizabeth - What a pleasant surprise - I know you've been busy with your girls - we've missed you too! Hope all is well and GBU too!

Hello Dave - Yes we have closings in NW IN - especially this week end of month rush :)

Thanks to all for taking time to stop by and comment.

Sincerely,

Grace

Aug 29, 2008 05:54 AM