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Hitting the Seller's hot buttons

When we are representing a buyer it is a good idea to share with them the secrets of what makes the seller react... their hot buttons.

When you are looking to buy a home, finding your Seller's hot bottom" could allow you to outdo rival bidders. As they say, timing is everything; here are three pointers for Sellers seeking to win through careful timing:

Think like a Seller- know Sellers time frame, its easier to build your offer that caters around the sellers need. Many times you can add a few buyer concession and get them if the seller feel like they are wining by a closing date that works for their unique schedule..

Speed up the process through pre-approval:

Buyers who are already cleared for financing are more credible in their offer to make a

A hasty move and hence have more bargaining strength, especially if the sellers are so hurried they can't risk a deal that might fall through. Put the Sellers needs before your own" Flexibility on your part has it's own psychological cost. You may be required to move midway though the school year for instance. Or if you've already sold your last house, moving on a delayed schedule could require you to move twice, perhaps taking an interim rental. Another strategy that would help sellers with a home under construction is to buy their old place now and then rent it back to them until their new place is ready. Only you can calculate the emotional and financial cost of meeting the seller's time schedule. There no simple solution- but the benefits can sometimes outweigh the cost.

In this economy sellers are eager for offers and are more flexible then ever, but the more you are willing to make your offer a Win for the Buyer and a Win for the Seller by give a little thought of the seller's hot buttons may yield big rewards for the buyer

Posted Monday Jan 26