Today I’d like to highlight a few new listings both of which went under contract within a week of listing. Inventory is currently at an all time low. If you’re thinking about selling your home. You need an expert to help you navigate this market and positioning your home for the most profit possible. In a sellers market, selling your home is easy. The challenging part is successfully negotiating favorable terms for you to find your next home. Call me for a free consultation and I’d be glad to talk with you about your plans. Call 609-338-3773.
If you’re looking for a fantastic home with a bay view at a reasonable price you’ll love my listing in West Atlantic City. West Atlantic City is a section of Egg Harbor Township and it has a Pleasantville mailing address. It’s a tucked away spot with amazing views that is not as well known as some of our other shore areas. Take a look at my listing tour for 209 Seville Avenue, Pleasantville NJ and let me know what you think.
Here are 3 Tips For Getting Your Offer Accepted In A Low Inventory High Competition Environment
Our market right now is experiencing high demand and low supply of homes for sale. For example the communities of Village Grande English Mill and Village Grande Little Mill in Egg Harbor Township, NJ currently have no homes for sale out of approximately 700 homes. This means when a home comes available it’s likely going to have multiple offers. Here are 3 tips for getting your offer accepted in a multiple offer competitive real estate market.
Tip 1: Select The Right Agent
When you’re buying a home in a competitive environment choosing the right agent is critical. An agent that is a skilled and experienced negotiator can ask the right questions to find out what’s important to the seller and help the buyer craft the best possible offer. Choose and agent that has experience in successfully negotiating contracts in many different markets. Having relationships with other agents in a local market can also help your agent get the best information and positing you well for negotiations. This will allow you to present your offer and terms in the most favorable light.
Tip 2: Write A Love Letter
When sellers put their home on the market, they’re generally interested in two things: the price they get and the money they keep. But when they receive multiple offers from interested buyers, and the offers look similar, the deciding factor might be something completely different. It might come down to who they want living in “their” house. They might start to think about who they are leaving behind for their neighbors. That’s why, when writing an offer for a home, buyers should add a “love letter” that tells about who they are and why they love the house, letting the owners know how they’ll fit in to the neighborhood. It can’t hurt and it just might help!
Tip 3: Add A Personal Touch
I recently had a buyer client who was in a multiple offer situation. I encouraged them to create a short video on their phone to introduce their family to the seller. It worked! Their offer was accepted and they are now enjoying their new home. I also had a client give flowers to the seller in addition to the love letter. That worked also! Think creatively of how you can add a personal touch to your offer. Your offer will stand out and you’ll help make a connection with the seller.
Do you have any other thoughts on how to get your offer accepted when buying a home? Share in the comments or send me a message.
Please consider joining us in support of the Weeks Family.
I met Kevin and his family through my wife who grew up with Kevin and his older brother. Please take a moment to watch this brief video and consider donating to help this family. The Weeks family brought joy and help to many in the community and now it’s time to give back and help them at this time of need.
You may not know the Weeks family, but Sarah, Kevin, and their six children are known for their willingness to help others. Kevin was an unpaid youth pastor at his local church, as well as a community handyman and auto repairman for anyone that truly needed help. Sarah is known in their community as a woman of faith that will pray for you, as well as bring her six little ones to help in any way that is needed.
Kevin Weeks, at the age of 32, was diagnosed right before Christmas 2019 with neuroendocrine small cell carcinoma, an aggressive cancer that attacked his pancreas and liver. After a fierce battle, together with his courageous spirit in his fight with cancer, Kevin Weeks passed into glory and into the arms of his Savior, Jesus Christ. Kevin passed on September 27, 2020 and is survived by his wife, Sarah, and their six children.
The Plan for a Home
Before cancer struck, Kevin was planning to purchase a home for his family that he was going to renovate, since he was a carpenter by trade. He and Sarah had a plan to have their dream home in Estell Manor, NJ by this September. They started investing financially in that home right up until Kevin got sick. Since then, they have been unable to complete the renovations or save the agreed upon amount to purchase the property from the current owner.
Help the Weeks Family
J19 Foundation is asking to help raise the funds needed to purchase and renovate a home for Sarah and their six children. Kevin and Sarah have brought hope to many when it mattered most; now it’s time to call upon anyone who is willing to return the same to this family in need.
If you’re like me you’ve probably been doing some spring cleaning during this quarantine time. You may have discovered you have a lot of papers to shred. We’re sponsoring a community shred event on Friday August 21st at our Northfield office. Up to 3 boxes per vehicle or attendee. Register below and we’ll see you there.