Reply to How does one find off-market potential sellers?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My husband and I have been trying to identify potential sellers of properties that fit our criteria but it feels like a losing battle - we are already getting passed by due to all cash, no contingency offers, with some sight unseen. It's freaking ridiculous out here.

We have an agent but I don't feel like they're doing much of anything to help in these efforts. They said the sent letters to potential property owners but that's it.

No mention of networking, posting online, or anything to help further the cause.

I'm tired of sitting around and waiting because that's all we've done for homes that eventually come on the market. We need to be ahead of the market because once something goes live, we've already lost.

[b]So.. is there something I can be doing to help our odds? [/b]I'm so frustrated..[/quote]

Yes, lower your expectations. Target lower-priced properties than you have been, so that you can bid up higher than the others do. It is less likely you will get "passed by due to all cash, no contingency offers" if your offer is significantly higher. [/quote]

Agreed. OP I get it, you’re going through the valley of doom where you’re realizing your money doesn’t go as far as it might sound on paper in this market and that whatever you picture mentally isn’t what you’re able to get. Once we isolated what mattered the most to us (location) and prioritized for that above other nice to have criteria we were able to make a competitive offer.

Other random advice is don’t overlook the listings with bad pictures or where the house looks especially ugly. Lots of times the house isn’t THAT ugly in person and the bad pictures are just the agent being a moron. Tour those houses if they meet your other criteria. You see this a lot when agents who aren’t in the area list homes for a friend, relative, etc. [/quote]

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