Wednesday, March 1, 2017

Value of a Professional - March 1

Why you need an agent to help you with the biggest investment of your life?

1.  Today I helped my lovely seller get $40,000 more by negotiating with the buyer's agent and the buyer on the value of her home. Note, this was $15,000 more than another agent said that the home would sell for with his buyers.  While the buyer's agent tried to justify a lower price by providing comparable sales and a valid debate, the comparables were over 1-2 years old. Using the agents same logic, I was able to show him and the buyer the true vaue of the home and get them to come up on their offer $40,000!  We are now under contract in only 18 days on the market!

2.  We have a buyer that is looking for homes under $225,000.  In this price range right now, Homes are selling with multiple offers and above market value! The competition is fierce in this price range. Luckily, our buyer was one of the first to see it, because we have her set up on a hotsheet to receive listings right when they hit the market, we got our offer in first and wrote it in a way that will be accepted! It also helps that with my 13 years of experience, I have worked with the listing agent/seller before and he likes me!

3.  We have a buyer that is under contract on a home. The buyer did an inspection and found that the master bedroom shower had a leak and was leaking into the ceiling of the downstairs bedroom. We were able to negotiate with the seller to get that repaired, and replace the ceiling and make sure there is no mold or other problems in the home due to this issue. The buyer is getting a brand new shower in the master bathroom.

4.  Last week we closed on a home that we had to sell 3 times in a 60 day period. The home owners really wanted a specific home, even though it was under contract. We wrote a back up offer with the hopes that the primary offer would cancel. Lo and behold! The buyer canceled after doing the inspection and our buyer was put into primary position! We immediately got their home under contract but the first buyer canceled after doing an "inspection" but not by a real inspector. They used a contractor family member that told them that the house needed a lot of money and work (it was newly remodeled in 2007). So the buyer canceled. We had to get an extension on the contract for the home they were buying so they didn't lose it!     Then we immediately got their house under contract again, and again the buyer did an inspection and had a HVAC contractor came to the house to check the Air Conditioner...In Utah...In January!!!  The contractor told the buyer that the AC didn't work!!!! Seriously! The buyer from California canceled! Finally a third buyer, cash buyer, with an agent that I have worked with before, brought us a full price offer! We were able to get both homes closed in 2 weeks! And they lived Happily Ever After!

More to come.. Stay tuned...

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