Blog First time home buyer Beating Out 20 Other Offers!

Beating Out 20 Other Offers!

By Living Room Realty, June 14, 2022

2021 and 2022 have been strong seller’s markets. Some Buyers might feel like they would have to look way outside of Portland if they had a budget. But that’s not the case. Although many homes have been selling for 100K+ over the listing price, there are gems throughout this city and in prime locations that can fit a first-time homeowner’s budget.

Brian and Kristin wanted a home close to SE Portland. It’s a great location and highly sought after. Many buyers were finding it difficult to find a home in this neighborhood unless they wanted to spend over 500K.

Brian and Kristin took this investment and decision seriously. We got to work culling through possible homes they could call their own. It took almost a year to find the right home for them. It can be a tough fight to win out on a home. The competition is fierce and sometimes you might not get the first home you put an offer on. That happened in this case. We sought hard, fought hard, and even though Brian and Kristin were beaten out a few times, they had persistence and positivity on their side.

One home came up that created a lot of completion. 20 offers were submitted on this home.  Brian and Kristin were not intimidated and gave it they’re all.

We got selected as the backup offer and when the 1st position buyer pulled out (due to the inspections report) we got bumped up to the first place. We negotiated to get the inspection reports right away; this is where real estate’s teamwork shines. We are so grateful to have a powerhouse of contractors we have developed relationships. We were able to get estimates on all the repairs very quickly so that we could negotiate for a buyer’s credit that would strongly benefit Brian and Kristin.

With a sizeable credit that allowed Brian and Kristin to not only get the home they want but also repair it to top standards, they walked away champions!

Brian and Kristin, we are so impressed with your positivity, enthusiasm, and cleverness in handling this journey. You were a joy to work with and we are honored to have been chosen to be your real estate bodyguards in this market.

Cheers to you both!

Living Room Realty

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