Toni Weidman Homes for Sale -Florida Luxury

Multiple Offers - Terms Can Be More Important

Multiple Offers - Terms Can Be More Important

 

I have been working with a buyer to find their home.   Their financial limitation is in a very popular price range. So far, we have written 3 offers on 3 different homes.  Each time, we have been told by the seller’s agents that there are several offers in or coming in. Each time, our offer has been turned down.

 

Multiple Offers - Terms Can Be More Important

At this time, there is a  shortage of inventory in New Port Richey, Port Richey and Hudson, FL., especially for decent looking and well-maintained homes in lower price ranges.  My buyer is getting discouraged and depressed. We need to find a home for the family with a new baby on the way in a month. She's flexible about the closing date but needs closing costs.

 

She has offered full price in each case: is it possible that someone who offers less can get acceptance? Yes, in certain circumstances. If their offer is based on cash or a less complicated loan. Most seller’s agents advise their sellers to bypass the FHA or VA offers if they have cash or conventional ones.  Or, if the seller needs a certain closing date, and one of the buyers is willing to extend to the date needed. Terms are just as important (sometimes more so) than price.

 

We are waiting for the next home to come on the market. Maybe then she'll be in the pink.

Multiple Offers - Terms Can Be More Important

Toni Weidman
Broker-Associate
Re/Max Sunset Realty
727-237-0083

 

 

 

 

Thinking of Selling Your Home in Trinity-New Port Richey to Hudson?
Craig and I have been selling in this area for 20+ years.
Call Me or email my assistant, Shayna.
 
 
Toni Weidman-New Port Richey FL Shayna Weidman
Toni Weidman
 Broker-associate
Florida Luxury Realty
Trinity, FL 34655
727-237-0083
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Comment balloon 12 commentsToni Weidman • February 09 2015 11:42AM

Comments


Toni,

With your capable help, I am certain that you and Crraig will find them the perfect home.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 3 years ago

Hi Toni, it truly breaks my heart for buyers who are in that price range nor can they change the type of loan they're using. I'm working with two sets of buyers with similar challenges, they are frustrated but we keep pushing forward.

Posted by Beth Atalay, Cam Realty of Clermont FL (Cam Realty and Property Management) over 3 years ago

Beth Atalay That's what I told her this morning when we got the latest bad news. I know we will find something but it is frustrating.

Posted by Toni Weidman, 26 Years Selling Homes in New Port Richey, FL (Sailwinds Realty) over 3 years ago

This is good information for home buyers. It is important to understand the current market conditions.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) over 3 years ago

Hi Toni.  I recently had a listing with 5 offers.  The seller didn't pick the highest one!  The highest one was a 0% down USDA loan with a closing date a month later.   The home vacant and the seller's focus was more on the timeline than absolute top dollar.  

Posted by Dianne Goode, Realtor/Broker (Raleigh Cary Realty) over 3 years ago

Toni-Interesting the things you learn with buying and selling a home

Posted by Sharon Lee, Retired and loving life (Sharon Lee's Virtual Assistance) over 3 years ago

Toni,  It has been some very difficult times for buyers these days.  Escalation clauses are becoming the norm out here.  Never a dull moment.

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) over 3 years ago

Toni Weidman  I tell my buyers there is a home waiting for them screaming " Wait for me "  You will find the right one

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) over 3 years ago

Toni: There are a bunch of variables, as you know, that could sway sellers to one offer over another. I know your buyer is in very capable hands...you will find her a home.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) over 3 years ago

I have been in that position with many buyers over the years and it is tough.  I have also been in that position with Sellers as well.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) over 3 years ago

I too hate that for you buyers... once I heard of sellers having multiple offers and giving it to a "nice young couple just starting out" regardless of the offer... you never know sometimes

 

Posted by Rob Thomas, Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro (Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954) over 3 years ago

Toni, I wish you and your client all the best. Buyers are challenged in my market as well. Low inventory, multiple offers ... bidding wars. 

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) over 3 years ago

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