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Real Estate Report #5 – Getting a great offer is only part of the battle

By Steve Levine

 

Steve Levine, President of Steve Levine Inc. and an agent at REMAX Professional Associates. 508-735-4663. www.stevelevine.com

Thanks again so much to everyone for the outpouring of accolades for the latest series of reports.  It really means more to me than I can say, and I’m very grateful that after 30 years as one of the top agents in the region, that support is still out there and growing each and every day.

For Report #5, I wanted to cover a topic that most people never consider, but that is critical, especially in markets with rising values. You took all my great insight and advice, and now we have eight over full price offers on your home. Now what? How do we choose which offer to accept? As you can imagine, it’s not just about the offer price. If only things were that simple, right? In the end, it’s about making sure that the deal actually closes, and at that great price that we all agreed to at the beginning. That’s not nearly as simple as you might think, especially when we are pushing the limits in terms of the sales price of the home relative to the recent comparable sales that the appraiser is going to need to take into account. In the end, they are less about the excitement of the market and the multiple offers than about the actual data comparing “house x” that sold four months ago to yours.

Another topic I cover in the report is a tactic that’s becoming more widespread lately, which I call “Buying the Offer,” and how as a seller you need to be aware of it, so that you can protect yourself from getting caught up in the problems it can cause down the road.

If you want a copy of this month’s report, or either of the other four mentioned below, just drop me an email at report@shrewsbury.net and I will email them right over for you. These things have been compiled from my 30 years as one of the top Realtors in the state, and I really think you’ll find them to be truly unique and informative.

 

Report #1 – “The Top 10 Reasons Homes in Central Massachusetts Didn’t Sell.” 

 

Report #2 – “10 Ways to Increase the Net Sales Price of Your Home.”

 

Report #3 – “The Top 10 Home Improvements that Yield the Greatest Return.”

 

Report #4 – “Establishing the Optimal Listing Price for a Top Dollar sale.”

 

As I mentioned in last month’s column, I opened up 10 spots for June and 10 for July for my “Homeowners Blend Program.” Now in its 20th year, this has been a fantastic opportunity for sellers to save up to 50 percent on the real estate fees when selling their home, WITHOUT having to give up a thing in return.

Normally, I don’t use that during the spring and summer market, when it’s pretty hot anyway, but right now, we are facing a critical lack of inventory, and I have buyers just waiting by the phone. That being the case, I’m going to open up a few more slots for July, just to replenish my listing inventory, and take care of some great clients that are waiting. Then I’ll probably shut that down until the late fall when we slow down a bit.

 

Steve Levine is president of Steve Levine Inc., and an agent at REMAX Professional Associates in Shrewsbury. He has over 30 years of experience in the local marketplace, and has been ranked 10 times as a Top Agent in New England. He can be reached at stevertr63@gmail.com or 508-735-4663.

Short URL: http://www.communityadvocate.com/?p=89231

Posted by on Jun 22 2017. Filed under Real Estate. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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