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There is nothing worse than finding the perfect home after months of grueling searches, countless home views and many disappointments only to learn that someone else won the bid and the home went to another buyer.
One of the things we do with our clients to help them get the home they want is to get creative. By “get creative” I mean using methods other than the standard “raise the price on offer to try and woo the sellers." Why must price always be a factor?
Here are just a few of the things we can do to get creative and GET the home of your dreams:
1. Get to Know the Sellers and Cater To Their Needs
It is fairly easy most of the time to get an idea of a seller’s personality from seeing their home. By using the inherent knowledge and intuition that comes from seeing the home, as well as meetings we have with the seller’s agent, we can learn quite a bit about their needs, personality and more. We want to use that information and knowledge creatively. Leveraging this information and providing unique offers such as allowing a rent back situation for sellers that may need extra time to clear the home is a great way to impact sellers.
2. Be Flexible With Contingency Periods
Everyone knows there is a certain amount of time allotted in order to do a home inspection or financing to be carried through. For sellers, that is usually a difficult time since they have to hold their breath and wait for everything to check out. By reducing the length of your contingency, whether for inspection, financing, or otherwise, sellers will feel relaxed and comfortable; one more thing that can make your offer look like the best offer to them.
3. Present a Personal Connection to the Property
Most of the time sellers are emotionally attached to their property and have a hard time letting go of it. We encourage our buyers to write a letter letting them know how much they appreciate how well the home was taken care of, and mentioning something like how they look forward to raising their family in the well-loved home. Nothing will make a seller feel better than knowing the new owner will cherish the home as much as they did.
There are other creative strategies that we use too and it all depends on each individual situation. Once we sit down to discuss your options we can evaluate the situation, figure out what’s best for you and come up with some things we can do to make sure your offer is the one the seller accepts.
If you have more questions or you'd like to talk more about making an offer stand out, give me a call or send me an email. I look forward to hearing from you.