Welcome!




Expand Your Education with These Courses from
A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.
Bundle 1: CIPS Core Courses (Non-US Version).
Bundle 2: CIPS Elective Courses (US Version).
Bundle 3: CIPS Institute (Non-US Version).
Bundle 3: CIPS Institute (US Version).

How Buyers Can Stand Out in a Multiple-Offer Market

Have a comment on this article? Share on Facebook!

2. Explain Why the Home Is a Perfect Match
Buying a home is as much a personal decision as it is a financial one. Thus, explaining the reasons a particular listing is a perfect fit for the buyer adds a face to the transaction. Nourmand describes how one of her buyers was an artist. “She saw the guesthouse at the end of the yard and immediately knew it would be the ideal place to work. Having an art studio made the listing into the home of her dreams, so we added that information to the letter.”

3. Highlight the Community’s Strengths
As the saying goes, “Real estate is about location, location, location.” Buyers should highlight the neighborhood’s appeal. For example, if the home is located close to work, buyers can describe how they look forward to experiencing a higher quality of life due to shorter commutes. In addition, if they have children, the letter can state how they anticipate sending their kids to high-quality local schools. Or, if buyers are empty nesters, they can explain how they look forward to walking to nearby restaurants and retail areas.

Nourmand recommends that agents compose the buyer’s letter on behalf of their clients. If you’re planning to place an offer on a home, write down how the listing appeals to you. “Describe what works. Imagine you were the seller and think about what you would like to hear. Then discuss with your agent the role a letter will play in the offer,” says Nourmand. With residential real estate in high-demand in markets showing a strong comeback, you must stand apart from your competitors. The buyer’s profile demonstrates your strong financial position and commitment to closing a deal as quickly and smoothly as possible.

Continue Reading 1 2

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.




Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>