You've seen the headlines. It's a fantastic market to sell your home in, with inventory at all-time lows and record demand. Now, as great as that is for sellers, the simple fact is, most sellers need to buy another property once their home sells, and the big fear most people have right now is, "What if I sell my home and I can't find something in time and I end up homeless?" You also realize that shopping for your next place before you've sold your current home is kind of pointless because, even if you found the right home, it won't be around once your home sells.
Now, experience show that offers 'subject to the sale of' in a market like this are rarely accepted, and anyone who's had to arrange bridge financing knows it's extremely hard to get and very costly. So, with these very legitimate concerns in mind, we've been in a roundtable discussion for months over how to best serve our clients and solve this very common challenge for them so that they can take advantage of this amazing seller's market without the fear of not finding a property or paying too much for financing. So, here's what we've come up with.
It all starts with an appraisal. We bring in the very same appraisers that will be sent in by the bank later on to appraise the home. We know that the bank won't lend on a value that's not supported by an appraisal, so we might as well get ahead of things. Then, we price the home right at full appraised value and hit the ground running. What this allows us to do, and this is the key here, is to guarantee to sell the home in the first week, or we'll give you an unconditional offer for the home at 91% of the appraised value, closing in 90 days.
Now, the 91% is based on the average negotiation between a buyer and seller, but here's the part that makes this a no-brainer. We keep the property listed for the full 90-day listing, and if we get a better offer, the seller keeps the difference. This allows you to confidently shop for your next home, knowing you have a firm sale on your home. You have a comfortable amount of time to shop for your next property, as the 90 days makes this a much less stressful period.
Now, here's the other thing we came up with to eliminate the fear of not being able to find something. We added a seller condition to the purchase contract, meaning, you have a way out if you aren't satisfied with your ability to find another property to buy. This puts you in the total driver's seat and eliminates any possibility of being homeless. So, between our 29-day guarantee and this seller's subject, you can confidently take the next steps towards making a move in this market and capitalizing on this incredible seller's market.
Now, you're probably thinking, "What's the catch?" The catch is this. The home has to pass a home inspection. Beyond that, we've intentionally stripped out all of the fine print and made this a completely black-and-white offer. We have an awesome market behind us, and through selling a house roughly every 12 hours, we can confidently say that we've got this down to a science. So, if you or anyone you know is facing this common real estate conundrum, it likely makes sense to utilize this guarantee. It not only gets your home sold quickly and for top dollar, but it gives you the edge on other buyers out there when you're competing for your next home.
If you're interested in having a conversation about an upcoming move with us, we invite you to reach out, or if you'd like to learn a little more about the science behind how we can offer such a bold guarantee, I invite you to check out this white file that I've created that lays out all the tips and tricks we've picked up over 15 years' experience in selling over 1,000 homes.