Making the right offer on that Lake Sinclair home

The other day when I was walking my dogs on a night that Donald was working late I spotted a bird that had died on the edge of the road and had to carefully walk my dogs by it so that they didn't notice it and try to get it.  Once upon a time my Great Dane Glen got a dead squirrel in his mouth and well, let's leave it at the struggle was real.  The next day when I was walking my dogs the bird was still there and there was a dead squirrel in the roadway. My choice was to walk on the wrong side of the road with traffic or the thread the needle and manage to get both Glen and Laney between the two things while maintaining control without pulling my back out. I was successful.

Now what in the world does that has to do with an offer? 

Well that threading the needle as a buyers' agent between getting the best price for your buyer without insulting the sellers which can just end negotiations before they start. It's important for the buyers to know what the comparable property prices for the past six month. It's important that the listing agent understand we don't pull offer prices out of thin air, but actually look at the comparable sales prices. 

I've had buyers get upset when their offer just got accepted. "Are we paying too much?"  Of course you are not, I showed you the numbers. We wrote a strong offer based on the recent sales of like homes and we showed the listing agent and seller that we were offering a fair price. We added reasonable requests for due diligence and financing contingencies... what was not to like about our offer?  If we'd gone in low ball chances are the seller would have felt insulted and not negotiated to the fair price we offered.

Making an offer shouldn't be like throwing pasta at the wall and hoping something sticks.  Of course there are sellers out there who might have their backs to the wall and be in a desperate situation and take a low ball offer once in a blue moon. However, I don't recommend that method as it's a risk without calculation and just like that house made a first impression on you the buyer, your initial offer makes a similar impression on the sellers.

It's a careful walk to find the sweet spot between the bird and squirrel, uh I mean between the offer and the price acceptable to the sellers.  Sometimes buyers don't or won't listen to this advice in the beginning and they are the ultimate person in control of the offers we submit.  But after a few flat out rejections after insulting a few sellers they generally catch on that we know of what we speak.

 

706-485-9668  us on facebook

Tammy@Lake-Sinclair.com

Follow me on Google Plus for more information about Lake Sinclair and surrounding area news and events

(Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner

 

Broker License # 169695  Lane Realty License # H-11420

Call me today for all your Lake Sinclair real estate needs.

Subscribe to my Blog here!

 

We always have water at lake sinclair Lake Sinclair stays full even during droughts.  Click to read why and how.

 Search for homes on Lake Sinclair now

For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me.  Thanks for reading.

All content belongs to me unless otherwise stated.  Do not use without permission.  Logos and photographs may also be copyright registered. Please do not use without my express written permission.

                                                                                                                  

          

Comment balloon 9 commentsTammy Lankford, • October 11 2016 09:16AM
Making the right offer on that Lake Sinclair home
share
The other day when I was walking my dogs on a night that Donald was working late I spotted a bird that had died on the edge of the road and had to carefully walk my dogs by it so that they didn't notice it and try to get it Once upon a time my… more
Does your Lake Sinclair agent keep an eye on your house?
share
In the years I've shown property I've found leaks, live bugs, dead bugs, once I found two snakes in a closet and today I found fleas. LOTS of fleas. I have discovered a home that has storm damage and one that has been robbed. The one thing all… more
Coming Soon: 2 Bedroom cottage with lots of living and entertaining…
share
If you needed a three bedroom house you could modify this one, but you could also put a sleeper sofa in the den and enjoy the house just like it is. Watch our website for details very soon. I will add to this teaser that it has more than 300 feet… more
Taste of Eatonton 2016 Monday October 3rd
share
You should make plans to be at the Taste of Eatonton. I've been the last few years and not only is the food always amazing the silent auction has something for everyone too. I just noticed on the website there are some new places showcasing their… more
Pray 31- purposeful prayer for our nation
share
As we approach the election could there be any better time than to pick 31 days to pray for our nation from all across the nation. "If my people, who are call by my name, will humble themselves and pray and seek my face and turn from their… more
Columns, Culture and Lake Country… why you'll love living where I do
share
What's to love about living in the heart of Central Georgia? So much, but I've been asked to choose three photos to lure you into feeling the same about my neck of the woods so here goes. I'll start with the rich history behind our city of columns… more
Will Lake Sinclair remain full now that Plant Branch is closed?
share
Georgia Power built Lake Sinclair. It started in the late 20s, but dam construction halted during the depression in the 30s (remember when you could just say "the depression") and resumed in the late 40s and the lake was full in 1953. It… more
The end of an era, the stack at Plant Branch set to come down
share
Years ago I told an out of state client flying in to Atlanta the directions to my office. I said, "Once you can see the smoke stack on 441 you'll turn left at the next caution light (now a stop light)". On the phone he kind of chuckled at… more
Why did I get a tax bill on the Lake Sinclair house I already sold?
share
It's that time of year when I start getting this call. In Putnam County if you owned the house on January 1st, you will get the tax bill at whatever address they have on file. If that address was your property the perhaps the new owners will get it… more
Breaking a world record for Childhood Cancer Awareness
share
SUNDAY, SEPTEMBER 25, 2016 Inspired by a life cut short but lived to the fullest. Ethan was a child I never met in person although I know his aunt and his grandmother and his daddy. Once he was diagnosis and his family was asking for prayers my town… more