Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Wednesday, April 3, 2019
Buying A House
On one of my recent listings we received three offers within the first week.

On another, we -- again -- received three offers within the first week.

And on a third, we received seven (!!!) offers within the first two days.

These 13 buyers were all ready, willing and able buyers - anxious to buy a home.  They came to see the listings in the first day or two (or three) that they were on the market.  Most of them had already talked to a bank or mortgage company to become prequalified.  They made serious, reasonable offers - some with escalation clauses.

And yet -- only three of the 13 would-be buyers were successful at securing a contract to buy one of these homes.

My main conclusion - there are PLENTY of buyers, ready to act. I suspect we will continue to see homes go under contract quickly (often with more than one offer) when they are prepared well, priced well and marketed well.

To the other 10 buyers -- I only wish my clients had duplicates of their homes to sell to you -- and I feel for your plight.  Several of these would-be buyers had already made another offer on another house in the recent past and missed out on that one as well.