Warren County Ohio Real Estate News and Observations

Will Tugging Heartstrings Get You A Home?

is your offer the missing piece?Most of Warren County Ohio is still in a seller's market.  There just aren't enough homes for sale, especially in the more affordable price ranges.  Go upscale and the builders have you covered, but if you're looking for your first home you may find a VERY competitive market.  You need to get there quickly, offer quickly and bring a strong offer as there's a good chance that other buyers are after the same home as you are.

And this type of environment often means a buyer's agent will get a "highest and best" request.  The home is in multiple offers.  What's the best you can do?

Sometimes a buyer CAN and WILL bump up their offer in hopes of being THE ONE.

But sometimes offering more money just isn't an option.  The buyer is already at the maximum they're comfortable spending.  They've made the offer as appealing as they can.  They're preapproved and the letter is attached.  So is there anything more a buyer can do?

It's a bit of a Hail Mary play, but including a letter with the offer may increase a buyer's odds of winning.  Explain why you love the home and your future plans for the home.  Tell a nice story to help make you an appealing buyer to the seller.  Just maybe there's common ground in your background and the seller's background that might make the seller willing to go your way.  Some heartstrings being plucked might just win over the seller.

Do I realistically expect a letter to make a difference?  Most probably not.  If another offer beats yours by thousands and thousands of dollars, MOST sellers are going to go for the bottom line and take the best offer.

But if your offer is on par with the other offers, that letter could be the one that gives the seller a reason to pick your offer.

 

 

Want to discuss further?  Just give us a call at 513-520-5305 or email Liz@LizSpear.com

We look forward to hearing from you!

Bill of Bill & Liz aka BLiz

 

 

Serving Warren County Ohio & Adjacent Areas

 

 

 

 

 

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

 FacebooktwitterWordpressYouTube Pinterest

 

 

 

 

OUR SERVICE AREA:


View Liz Spear Team of RE/MAX Elite Primary Service Area in a larger map

Comment balloon 6 commentsLiz and Bill Spear • March 18 2019 12:10AM
Will Tugging Heartstrings Get You A Home?
share
Most of Warren County Ohio is still in a seller's market. There just aren't enough homes for sale, especially in the more affordable price ranges. Go upscale and the builders have you covered, but if you're looking for your first home you may… more
To HOA Or Not To HOA
share
If you're thinking about buying a Cincinnati home, one of the decisions you have to make is whether you're okay with living in a community governed by an HOA (Homeowners Association). Depending on your housing choice, the decision is made for you. … more
Why Is That Home Back On The Market?
share
You had some interest in a home, maybe you even toured it. And just like that, it was under contract and the buyer wasn't you. You regret not getting on top of it quickly and missing your chance. So you've been keeping an eye on that home and WOW… more
7 Things To Do At The Home Inspection
share
Depending upon the size of the home, a typical Cincinnati home inspection lasts about 2-3 hours. The home inspector has a list of key items to check for, and there are certain things the buyer isn't going to be doing with the home inspector (going… more
6 Tips To Avoid Homebuyer's Remorse
share
You're about to make one of the biggest financial investments of your life and the last thing you want is to regret your decision. The good news? There are steps you can take to minimize your risk of homebuyer's remorse. 1. Have your… more
Sometimes You Get A Second Chance To Be Happy
share
While the picture might be a bit gloomy thanks to a rainy day, inside there was happiness, happiness that might have been thought impossible last summer. The house above? It's not the FIRST house the builder built for my buyers in the last year. … more
It Looked Good On The Surface
share
When you're shopping for a new home, you might see quite the spectrum of home conditions. Some homes you walk into and they're ROUGH. LOTS of things obviously wrong, but depending on what those issues are might just prove to be an opportunity for… more
Should I Pay Full Price?
share
We've found a house you like, maybe even LOVE. Enough that you want to buy it. And one of the key questions is "What should I offer? ". "Do I need to pay FULL price? " "Less? " "More? " To help make that… more
Pros And Cons. Which Condo Is Right For You?
share
You want to buy a Cincinnati condo. There are a good number of them that fit your general criteria: price, 2 bedrooms, 2 car garage, and the right location. How do you decide which one to buy? It's time to weigh the pros and cons to help determine… more
Can A Builder Fire A Buyer?
share
Can a builder fire a buyer? After all, isn't the saying "The customer is always right!! "?? So if the customer wants something shouldn't the builder work to take care of the buyer's desires? Or can a builder decide the buyer just isn't… more