Buying Sacramento Home
Should a buyer sign an exclusive buyer broker agreement? This question is as relevant today as when this article below was originally written, over a decade ago for another website, by Elizabeth. Enjoy. — JaCi Wallace
Shortly after I wrote the article linked below, a reader wrote to me to complain. He said he was looking for a definitive answer in my article, and he couldn’t find it. He wanted to know, gosh darn it, should he or should he not sign a buyer’s broker agreement! So he was quite ticked off about it, too.
This article was written by Elizabeth over a decade ago for another publication. It showcases home-buying mistakes and is still relevant information today. Enjoy.
“OK, there are a lot of mistakes buyers can make when buying a home. But rather than delve into all of them, I thought it was prudent to highlight the top three. That’s because these three are mistakes that many buyers make over and over.
“Buyers don’t set out to make mistakes. Most often it’s an innocent error or because they simply didn’t know any better. But buyers sometimes sabotage their own escrows.
Can a con artist swindle a buyer and move her across state lines? Yes, evidently. I previously met a buyer on Zillow. She was relocating from Texas to Sacramento. We talked for months before her visit. She said both she and her husband were moving here as she had family in the area. Her husband had inherited several million dollars from outside the USA from a deceased relative. He was about to retire as an engineer on an oil tanker job at sea.
She was interested in looking at homes for sale in Sacramento. Their attorney was finalizing the transfer of funds to the U.S. What a sweet person she was. She had retired a few years prior and said that her husband was much younger with a thick accent. He was raising two young children as his wife had tragically died young, leaving his kids motherless.
How do Realtors educate buyers to write winning offers? They tell them everything about the process. Talking about how to prepare a potentially perfect offer to conform to the market is critical. We are navigating through a seller’s market in Sacramento Real Estate, right now. Inventory is at all time low.
Buyers are making offers above list price even to be considered to compete, and they face stiff competition and multiple offers. Put on your armor and make your highest and best offer as you may not have another opportunity. All sellers do not send out multiple counters; they can decide to choose the best offer and game over.
A multiple offer recipe for a new listing is much like following along in a cookbook. You need a few ingredients or the recipe will turn out half-baked. Plan out your new recipe thoughtfully and with intention.
First, you need a desirable location. Second, the property has to have key features such as a spectacular lot. Add onto that, 4 bedrooms and a single story. How about throw in a brand new high-end kitchen? New Plush Carpet, upgraded pad, and wood floors are just the cherries on top. How about a culdesac? Cool off in your own Tahoe blue, built-in pool. So the above are all the features on my new Sacramento real estate listing located at 9901 Silverod Place, Sacramento, Ca. 95829.