Yes, it is a strong seller’s market, but how does one take a home and make it even more marketable to get to that multiple offer scenario for your listing client? You’ve professionally staged, videoed, photographed and power washed. You asked the stager come back out and rearrange the seating in the living room because you were worried it looked too small. You’re holding it open both Saturday and Sunday to give ample time for buyer visits and letting everyone know you are looking at offers on Monday. And now you wait for the response.
And once everything possible has been done to enhance the property, I must put on my navigator hat to get the seller through it all. By Sunday there were three offers. All Monday was spent answering queries from buyer’s agents such as what terms the seller is looking for, acknowledging received offers, and calling lenders to verify solid financing. There are spreadsheets, strength and risk calculations, there are calls from brokers wanting to submit after the deadline, there are calls from brokers wanting to amend their clients offers, there are texts asking about the current number of offers. Your mom calls to chat. Throughout the day, new offers are coming in, right up until 2:51pm. The offer deadline was 3:00.
There is much hope and fear, and the clock is ticking as 18 brokers and their clients anxiously await the seller’s decision. Each one of these buyers has a story, and each one of their realtors has shown countless properties and given of their personal time to get their client’s offer in before the deadline. Assessing the top offers, I make calls to several of the buyer’s brokers in order that I understand the motivation of the prospective purchaser and whether there are areas the buyer is open to a potential counter from the seller. It’s 7:00pm and I am only now able to present the offers to the seller in a manner that is clear and understandable, so they can make the best decision possible. In the end, it will be up to the seller to choose their direction.
Surprisingly, it is not always the highest offer that is the best for the seller’s needs.
We are currently pending with an accepted offer and two back up offers.
Now here’s the home-
Built in 2012, this home meets Earth Advantage Gold Construction standards, which equates to incredibly low utility costs, last years costs averaged under a hundred dollars a month. And with the Solar World System, it’s even more economical, with the panels producing a monthly credit for the owner.
The open floor plan concept has been a favorite amongst many of my recent purchasing clients, and this one doesn’t disappoint. All the finishes and appliances have been upgraded, and the home’s systems include on-demand hot water, built-in vacuum, and a high-efficiency furnace.
To view the photo gallery link here: Kenton Charmer
To view the video tour link here: Kenton Video Walk-Through