By Mel Marzahl, April 16, 2019
By Mel Marzahl, April 16, 2019
What do you really really want? Are you a buyer trying to find a home that that zig-a-zag-ahs all the boxes? Are you looking for a unicorn of a house?
What about you, sellers? Do you want to sell your home, but really need certain things? There’s price (obvs), but what if you need to find a new home before you can move? Or a fast closing?
Buyers sometimes beat out the competition for their dream house because they made the highest offer, but sometimes it’s more about the terms. Alyssa and Stephen had a very specific home they were looking for, in a few specific neighborhoods. They loved some of the older neighborhoods in the West Hills and Beaverton, and were looking for:
After missing out on one because we didn’t have our pre-approval ready yet, we went out to tour a few houses. On our second tour, there were four houses on the list Well, the one they said they were least interested in seeing, turned out to be the unicorn! Whoo Hoo! The only problem is that once they made the decision to write an offer we learned that this home checked a lot of boxes for many other buyers too.
Alyssa and Stephen wanted this house. It was the one for them! So, what did we do to beat out the competition? Well, we knew that people would be offering a little over asking, so we did that to match nearby comps. But how to make us stand out? I gave the listing agent a call and talked it over. My goal was to help them write an offer the sellers would be happy about and didn’t cost Alyssa and Stephen more than necessary.
We learned that the sellers hadn’t found their next home yet, and may need to stay in the home after closing. This worked out just fine for Alyssa and Stephen because they were in no rush to move. They were renting and were going to need to break their lease anyway, so waiting a little while was a-ok with them. We offered the sellers a free month in the house after closing so they could have time to find their new home. To make it extra sweet, we also offered to let them stay longer than a month if needed, and just asked that they cover the cost of Alyssa and Steve’s rent if they decided to extend.
The sellers happily accepted and Alyssa and Steve didn’t pay more than they needed to and got the house of their dreams.Their flexibility in timing is what ended up sealing the deal for them! They just closed on the home, and learned that the sellers have an accepted offer on on their next home, so they may not need to extend their stay after all. 🙂
A little communication goes a long way when you’re buying and selling. Tell me what you want and need and I’ll look for the common ground with the other side. Finding out what everyone really really wants and learning how to make all sides happy is fun, sometimes tough, but rewarding!
Congrats Alyssa and Steve! I can’t wait to see what you do with your new home.