What to do if your listing is not selling! Consider the Seller's Offer!

Written by Posted On Sunday, 06 July 2014 12:36

 

THE SELLER’S OFFER

 

By Fred Eckert –Chicago Title

 

619.507.5688   This email address is being protected from spambots. You need JavaScript enabled to view it.   www.fredeckertgroup.com

 

 

 

You have a listing!  Buyers look at it, but don’t make an offer!

 

Remember, it is not always about the sales price!

 

 

 

You contact the buyer’s agent and ask questions to find out why they didn’t make an offer!

 

 

 

You find reasons like these….

 

 

 

It is on a noisy street.

 

It doesn’t have a pool.

 

They don’t like the schools.

 

No room for their dogs.

 

Too far from work!

 

Want to be on the golf course!

 

Need a pool/spa!

 

Not enough storage space!

 

*Yard or room is too small!

 

Etc.

 

 

 

*This means they have furniture or a play set/patio set that won’t fit in the homes space & they won’t buy the whole house because their $1000 worth of stuff, isn’t going to fit! Go figure!

 

 

 

So this is what you can do.

 

 

 

Make a written offer from the seller to the buyer (yes, it is ok to do) on an addendum.

 

 

 

Offer to fix the reason/reasons that they didn’t make an offer.

 

 

 

For example…

 

 

 

The Seller could offer to…

 

 

 

-Install double pane windows.

 

 

 

-Give them a two year membership at a spa, club etc.

 

 

 

-Pay for a year of private schooling.

 

 

 

-Pay for landscaping services for some period of time.

 

 

 

-Pay for dog walking services for a year.

 

 

 

-Buy them a hybrid car, an electric car, motorcycle,segway etc.

 

 

 

-Pay for a golf club membership.

 

 

 

-Pay for a Storage unit or RV Storage, close to the home.

 

 

 

-Buy their old furniture, play set, or patio set and buy them new ones that will fit.

 

 

 

-You don’t fix anything, unless the buyers respond to your offer to sell, so there is no money out of your pocket, until you have an accepted offer!

 

 

 

If you solve their problem with the house, you just might make the sale!

 

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Fred Eckert

Fred Eckert,a 25+ year veteran Chicago Title Insurance sales representative. Google San Diego Title Insurance... An Assistant Vice President, specializing in foreclosures, Short Sales, Charitable Institutions, Bank Owned properties, investors, buying and selling real estate, title insurance and escrow, 1031 exchanges, real estate needs and Education. Has a Master's Degree in Business, & is an accomplished speaker and trainer. A retired USN pilot, he also held positions as Legal officer, Safety officer, Operations officer, Detachment Officer in Charge, Class Desk Officer and Division officer. He is a member of the Coronado Association of Realtors, the Pacific Southwest Association of Realtors, the San Diego Host Lions Club, the San Diego Creative Investors Association and the North San Diego Real Estate Investors Association and Friends of Children United Society. His book, "198 Super Things to Think, Say and Do", has been well received in the Investment and Real Estate communities. Search 'San Diego Title Insurance" on Google!
I make others lives happier, more successful, more rewarding with great ideas, great motivation and superb recommendations.

Specialties: Master's Degree in Business, Forecosure, Short Sale, REO, Marketing and Technology expert. Accomplished speaker and trainer.

www.fredeckert.com

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