Anonymous wrote: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.
So.. is there something I can be doing to help our odds? I'm so frustrated..
Anonymous wrote:Anonymous wrote:You need a different realtor. The top ones know what is coming on and who could be convinced to be a seller. Each area has one or two. We get notes and emails at our main house regularly from 3 agents. We have investment properties in dc, and same deal but it’s the top agents there. Every time we’ve gone to sell something, we reach out to the top agent in the area, and they already have a list of ready buyers. The top agents are like this even in more normal/not so aggressive markets. Your agent doesn’t sound like she specializes in the area you want. Cut your ties and start over
You’re missing the point where OP very clearly states they are being outbid. A new realtor isn’t going to convince Barb to sell her house for $100K less or whatever. OP needs to increase the budget or adjust expectations. Or move to a MCOL area where their $ goes further, jobs permitting.
Anonymous wrote:Send letters to owners of houses that aren't for sale but that you're interested in. You probably won't have a ton of success, but you could have some. I'd entertain an awesome offer even though I haven't listed.
But I also wouldn't expect to be able to get contingencies.
Anonymous wrote:You need a different realtor. The top ones know what is coming on and who could be convinced to be a seller. Each area has one or two. We get notes and emails at our main house regularly from 3 agents. We have investment properties in dc, and same deal but it’s the top agents there. Every time we’ve gone to sell something, we reach out to the top agent in the area, and they already have a list of ready buyers. The top agents are like this even in more normal/not so aggressive markets. Your agent doesn’t sound like she specializes in the area you want. Cut your ties and start over
Anonymous wrote:Fall is peak supply for the year.
Anonymous wrote: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.
So.. is there something I can be doing to help our odds? I'm so frustrated..
Anonymous wrote:Tell us something about what you are looking for. Or where. My house is not on the market yet and maybe i want to sell to you!