Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY)

Spam prevention
Rainmaker
789,683
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

After a solid ability to purchase, I truly believe that the people that are put together for a transaction will make or break its success...  Attorneys & agents kill deals all of the time. The right collaboration is key to getting across the finish line.  That is all outside of the paperwork though and often isn't truly clear until after a contract is chosen.    

Jul 20, 2022 05:08 AM
Rainmaker
816,539
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Is the listing agent reputable? How much is due diligence fee?

Jul 20, 2022 05:02 AM
Rainmaker
4,569,338
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

A realistic seller with a good agent looking for the best deal, not some pie in the sky dream deal. No solution for the greedy seller without a conscience. Maybe a buyer that says "No thanks"!

Jul 20, 2022 04:49 AM
Rainmaker
2,133,338
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The real estate market that swings from buyer to seller side of the compass. Our job is to bring each side up to snuff on what realistic expectations are in today's local market Brian England !

Jul 20, 2022 06:29 AM
Rainmaker
2,691,488
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

How we dress contributes to first impression dynamics this we know. It is the same with Real Estate called "curb appeal". That famous first step of the journey is no myth. Pictures of the property/area, my driving approach to it and then the inner sanctums set it all up for a quick and efficient sale. In movies, people forget the music that emphasizes the moments in the film and give it more impact. Real Estate impacts all involved. 

Jul 20, 2022 06:10 AM
Rainmaker
5,326,003
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sometimes it can be the lender or the REALTOR that you have worked with before.

Jul 20, 2022 05:40 AM
Rainmaker
7,038,403
Roy Kelley
Retired - Gaithersburg, MD

A trusting relationship between the agents. 

Jul 20, 2022 04:42 AM
Ambassador
3,996,915
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I have seen some interesting things being offered and they also make me a bit sad because sellers and agents have been taking advantage of the buyers for far too long, haha.

Jul 20, 2022 04:19 AM
Ambassador
2,784,387
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
St. George Utah Area Residential Sales Agent

Substantial earnest money amount shows seriousness. The seller must decided the best course that suits them, it's not a one-size-fits-all scenario!

Jul 20, 2022 10:46 AM
Ambassador
3,403,019
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Well interesting timing for this question as our market has turned back into a more balanced market, in fact it favors buyers as our inventory is back to almost near highs versus record lows.  During the 'frenzied' market buyers were willing to waive appraisal, offer way over list price and pay the difference if there was one - in cash, high cash amount down, higher than normal earnest money, have an inspection but waive the right to any repairs etc. And oh yes, seller rent back which we personally did not get involved in but it was happening a lot.

Jul 20, 2022 10:07 AM
Rainmaker
1,430,521
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Offer terms.  Agent reputation and responsiveness.  Lender reputation and responsiveness.  There are others too, of course, but these are the main things.

Jul 20, 2022 08:19 AM
Ambassador
2,608,648
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Substantial EMD

Jul 20, 2022 07:57 AM
Rainmaker
1,056,263
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

It's been an out-of-control market where emotion seems to rule. Until banks put a stop to unjustified sale prices emotion will rule. I know, supply and demand. There is a limit and I'm concerned many are going to get burned.

Jul 20, 2022 07:49 AM
Ambassador
5,754,403
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Good to ask the seller, or their agent, "what is most important to the seller?"

Sometimes it may make a difference is you can offer flexibility in their moving into another home, ie dates, help with moving etc.

 

Jul 20, 2022 07:22 AM
Ambassador
3,632,268
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Get an "in" to the listing agent. What does the seller want and need? Maybe a delayed closing or a rentback at no charge. 

Jul 20, 2022 07:14 AM
Ambassador
3,158,640
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

"Free" rent back for 60 days. 

Jul 20, 2022 07:08 AM
Rainmaker
2,080,524
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I wish your question would have been about selling instead of buying as I have answers for that BUT you already covered the answers well with-in your question Andrew Mooers | 207.532.6573 

Jul 20, 2022 06:40 AM
Rainmaker
1,766,796
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

Clean contract I think is the best start. Higher EM even though it doesn't make a difference in our area. Good loan officer.

Jul 20, 2022 06:33 AM
Rainmaker
1,024,527
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I just got a buyer into contract with an offer that is nicely below list but the offer is non-contingent. I was told our competition offered more but it was contingent on loan approval, appraisal and review of property condition, reports and disclosures. In other words, normal contingencies in our area. The agent convinced them that it was a bad risk to take the contingent offer. Those buyers could have come back with requests for repairs or something else expensive and then cancelled if they did not get what they wanted. By that time, our offer would have expired and my buyers would have moved on.

Yes, the pendulum may be moving towards buyers.

Jul 20, 2022 11:54 AM
Rainmaker
4,335,993
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I always tell my sellers that cash offer is only closing earlier and that at the end most loans go through in 30 days anyway so go for the highest offer.

 

Jul 20, 2022 08:05 AM
Rainmaker
695,893
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

The obvious terms are 1- no appraisal contingency 2- shortened contingency period 3- offer free rentback for a period of time 4- show enough proof of funds to verify the ability to remove the appraisal contingency.

Jul 20, 2022 09:51 AM
Rainmaker
1,358,111
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Cash is not king, I beat it often with my loan backed buyers.

Fast doesn't always matter with rent backs being 50% or more of our sellers' needs.

Clean offers, short contingencies, no appraisal contingency on overbids,
big down payments, low seller costs, buyers agent reputation, free-seller rent backs. This is how I'm getting buyers accepted.

 

Jul 20, 2022 01:49 PM