Even in a strong Twin Cities seller’s market, a homebuyer might hear the words, “Make me an offer.” For a nicely appointed home in the Twin Cites that is well priced, this can be a surprise. Being invited to write an offer can often give the buyer pause. Most buyers will immediately wonder if something is wrong with the home. Did they miss something that is causing the home to take longer to sell?
While it could be that something in regards to the current condition of the home or possible it was priced on the high-end of the market, it can most likely just demonstrates the seller’s readiness to move. It could be that they have found another home or are motivated by a relocation, but it might also be that they are tired of keeping the home show-ready and are just anxious to be done with it.
In this situation, it’s important for the homebuyer to listen to their real estate agent. A buyer who hears, “Make me an offer,” often assumes this is an invitation to write a low-ball offer. The assumption is that the seller will take any offer just to get the home sold. The buyer thinks they’ve probably got this one in the bag!
The real estate buyer’s agent will be able to provide a Competitive Market Analysis (CMA) and/or a Realist Report for the purpose of providing a reasonable suggestions for price and terms. Even when invited to write an offer, home sellers will not discount their home if there is no need to do so, and sending an offer below market value might insult the seller and prevent a counter-offer or acceptance—causing the buyer to miss out on a desirable home.
Buying and selling real estate is emotional on both sides. Serious buyers and sellers are both eager to find the right deal, but bargains are rare. When hearing, “Make me an offer,” the best move is to consider the home and then rely on the advice of your Twin Cities buyer’s agent about the next steps.
RE/MAX Results
Shannon Lindstrom, Realtor®, AHWD, NCS
7373 Kirkwood Court North, Ste, 300
Maple Grove, MN 55369
Direct: 612-616-9714
[email protected]
[email protected]
www.ShannonLindstromRealtor.com
www.ShannonLindstrom.info
Minneapolis Area Association of Realtors – 2019 Exceptional Service Award Recipient
1 thought on “Motivated Seller – Make Me an Offer!”
Comments are closed.