Error Loading: \_modules\spacer\v1\ucSpacerDefault.ascx&msid=00000000-0000-0000-0000-000000000000&spmid=2e147ded-7d86-4f14-b774-d2945ea7a4e9&pgid=4c681ef2-59a6-40fa-9e66-860a0f887d1c&siteid=12dbb00d-6afd-4ca3-81f0-5756910c9c63&locale=en&id=4c681ef2-59a6-40fa-9e66-860a0f887d1c&blogid=5aff23a4-2733-4864-b605-58e5be8c4011& - The file '/_modules/spacer/v1/ucSpacerDefault.ascx' does not exist.
Error Loading: \_modules\spacer\v1\ucSpacerDefault.ascx&msid=00000000-0000-0000-0000-000000000000&spmid=bc27c250-e522-4ef9-ba82-06202c377ef7&pgid=4c681ef2-59a6-40fa-9e66-860a0f887d1c&siteid=12dbb00d-6afd-4ca3-81f0-5756910c9c63&locale=en&id=4c681ef2-59a6-40fa-9e66-860a0f887d1c&blogid=5aff23a4-2733-4864-b605-58e5be8c4011& - The file '/_modules/spacer/v1/ucSpacerDefault.ascx' does not exist.
Error Loading: \_modules\spacer\v1\ucSpacerDefault.ascx&msid=00000000-0000-0000-0000-000000000000&spmid=2ad9796c-ed6b-4502-a575-b7c70d3f95df&pgid=4c681ef2-59a6-40fa-9e66-860a0f887d1c&siteid=12dbb00d-6afd-4ca3-81f0-5756910c9c63&locale=en&id=4c681ef2-59a6-40fa-9e66-860a0f887d1c&blogid=5aff23a4-2733-4864-b605-58e5be8c4011& - The file '/_modules/spacer/v1/ucSpacerDefault.ascx' does not exist.
Error Loading: \_modules\spacer\v1\ucSpacerDefault.ascx&msid=00000000-0000-0000-0000-000000000000&spmid=1d949b13-23d1-4ede-84c9-f45afae06d2b&pgid=4c681ef2-59a6-40fa-9e66-860a0f887d1c&siteid=12dbb00d-6afd-4ca3-81f0-5756910c9c63&locale=en&id=4c681ef2-59a6-40fa-9e66-860a0f887d1c&blogid=5aff23a4-2733-4864-b605-58e5be8c4011& - The file '/_modules/spacer/v1/ucSpacerDefault.ascx' does not exist.
Error Loading: \_modules\spacer\v1\ucSpacerDefault.ascx&msid=00000000-0000-0000-0000-000000000000&spmid=7804ae5d-d098-42c4-943f-7af6f24c25f1&pgid=4c681ef2-59a6-40fa-9e66-860a0f887d1c&siteid=12dbb00d-6afd-4ca3-81f0-5756910c9c63&locale=en&id=4c681ef2-59a6-40fa-9e66-860a0f887d1c&blogid=5aff23a4-2733-4864-b605-58e5be8c4011& - The file '/_modules/spacer/v1/ucSpacerDefault.ascx' does not exist.
Blog - Stacie Kvanvig

blog

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

Getting offers accepted in a tough market

By Sathyabama_CML

So its finally happened. The market has turned, not like turning the Titanic, but more like watching a Porsche turn. It seemed to happen overnight, all of a sudden there weren’t any foreclosures left and LOTS of buyers. Kudos to all the buyers who had gotten in over the last 3 years, you have probably seen a little increase in your property. We MAY have just seen the bottom and now there has been a quick move upwards in home prices. This upward movement comes from simple economics, supply vs demand. There is a consistant amount of demand, and that demand will not slow as people come back into the marketplace (if you foreclosed in 2009 or before, you can probably purchase again).
What can you do if you are one of the buyers who needs somewhere to live? There are buyers all around at almost every price point. You’ve made 3 offers on properties and so far nothing to show. Frustrations have started to set in and you can’t figure out why your the bridesmaid and not the bride. Let me identify some consistant issues that have come up. Sadly these issues are everywhere- and if you are not working with a great agent like Stacie Kvanvig (602-295-3190), you may have experienced one or more of them.
No specific order, but here are some of the big ones. Simply, the listing agent can not read your contract or it is filled out incorrectly. The listing agent has 5 offers, if yours looks like chicken scratch or things are filled out incorretly it reflects how the rest of the transaction might go- not good. The listing agent wants to know that the other agent is capable and knows what they are doing. If the listing agent has no confidence, they will move to another offer.
Another big challenge is the offer price itself or the terms. It is a fast moving market. If you love the house and you know that the area is selling for 99% of the asking price (that number is available), DON’T OFFER 94% AND EXPECT TO GET IT. There is a term that goes around, its called highest and best. Sometimes listing agents will give you the opportunity to come with your highest and best offer- sometimes they won’t. If you have to have that house- this is not the market to mess around and try to steal it. Chances are there is at lest 2 full price offers already in. Make a great starting offer if you really want that house.
Last big one is that some agents just submit the offer without communication to the listing agent. A good selling agent will call the listing agent, establish some relationship and provide them with all the information that the listing agent might need to select THEIR offer. Many agents will just fax the offer over and cross their fingers. Sometimes that works, but if you cross your fingers AND have some proactive calls from the selling agent and lender the odds of you coming out with that house go up!
Keep your head up and know you are not alone- there are 8000 of you buying in Maricopa County this month- you are bound to be one eventually!
Joe Smith
South Pacific Financial Corp
602-741-4121 Phone
joesmith@spfcnet.com
Tweet me at @joesmithmtg

alt tag  alt tag  alt tag  alt tag  alt tag  

   alt tag            

Stacie Kvanvig, REALTOR©

Email: RealEstateDame@gmail.com

480-387-4722

3910 S Alma School Rd

Chandler, AZ 85248