September 2020

Found 3 blog entries for September 2020.

 
There are several advantages of selling your home in a bidding war. You will get the highest price, you will get the best terms in the original contract and you will have leverage if the buyer tries to negotiate too much after an inspection.

26 of the homes we have sold this year have been sold with multiple offers. That doesn’t happen by accident. Here are some tips that will make it easier for your home to sell in a bidding war.

Appeal To Emotion Not Logic

To get into a bidding war you need the buyers to act quickly. We need the buyers to fall in love with your home and ask how much over asking price they need to pay. We need to remove anything that will keep a buyer from wanting to make a great offer. In marketing this is called

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The story continues that we need more inventory. Prices are up because the supply of resale homes and “Quick Move In” new homes are down. Experts predict next year we will see a “Spring Wave” of homes hitting the market as sellers who held off due to Covid will decide to sell. If you are on the fence and thinking about moving up it is a great time to secure your move up or downsize home before prices become unaffordable.

On the ground in the areas we serve we are seeing less than 1 months of inventory. There are more homes under contract than homes available for sale. That means if you drive past a For Sale sign there’s a better than 50% chance the home is already under contract. Any market with less than a 3 month inventory is considered a

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Home was listed with another agent for 87 days with no offer…listed with Kopa Real Estate and under contract in 4 days with multiple offers for over asking price

When the sellers of this home started searching for a Realtor to help them sell the house, they asked friends on Facebook for a referral. They were connected with a friend of a friend and listed their house for sale with that agent.

After 87 days on the market they never received an offer and their agreement with the first agent expired. Because we have a successful track record of selling homes that were listed with another agent before us and didn’t sell the sellers contacted us.

What the sellers didn’t know was their first agent has only sold 2 listings in the last 3 years. They

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