A June 21st Oregonian news headline, “Tight Portland-area housing market brings stiff competition, bidding wars,” sums it up.
This weekend I had the opportunity to make an offer for clients of mine who had been watching the market and waiting for “the one.” On Thursday, the same day as the article in the Oregonian, a home was listed for sale on a nice neighborhood street in Lake Oswego. On Saturday, two days later, my clients saw the home and fell in love! It was the one. Immediately after seeing the home they wanted to make an offer. I called the listing broker and learned there were already 5 offers!
During my call with the listing broker, I gathered as much information as possible about the owner and the owner’s motivation in moving and selling the home. My clients and I met and developed our negotiation strategy. I then submitted their offer a few hours later.
I received a call Sunday morning and was notified that our offer had been accepted even though it was not the highest price offer. Information is power. If you don’t ask about the motivation of the other side of the transaction you risk losing out and leaving money on the table.
I look forward to the opportunity to be of service to you! I am here for you at your convenience when the time is right.