Nancy McCracken

Has anyone else out there in Orange County, CA been a ittle frustrated with buyers in this market? I have buyers in the VERY hot market of $400,000- $500,000 range of detached, single family homes that think they can still steal these listings! It is not going to happen. I actually had to have a serious meeting with one client that constantly wanted to bid on listings of $450,000 with an offer of $400,000 because he wanted his discount! My strategy was to provide them with comps of closed escrows within the last 2 months, detailing the DOM, list price and selling price. They were sold quickly, for more than asking price! I think the reality hit. Thier answer was they wantd a home in the $450,000 range....because they were much nicer than the ones for $400,000.

My next step was to explain to them what they needed to get an offer actually accepted in this price range. If it was a new lising priced correctly, they needed to offer asking price, or maybe even a little higher. Included with the offer needed to be proof of funds, current credit report, current paystubs, letter from direct lender showing they are qualified and an introductory letter from me. With REO's and short-sales still dominating this price point, typically you get one chance to make your best and final offer.

I feel that we are now primed and ready to go if I can find them the perfect home!

Anyone have some suggestions for educating buyers?

I know that your time is valuable and gas is expensive, so please make use of this new technology. The search is easy to do. You outline the criteria, such as cities, school district, size of home, attached/detached, pool/no pool etc. You can get very detailed if you want to, such as single story only. However you can also make it a little more general and see what results show up.

Once you sign up, you can view the properties, save the ones you like, and even send me a note if their is more information that you need that does not show up. For example does the property back up to a busy street? Or, is there an elementary school within walking distance.

One of the most important jobs I do as your Realtor, is introduce you to the community. When buying a home, you are investing in a lifestyle that will affect you and your family for years to come. I can make appointments with the local school administrator, locate the closest houses of worship, and provide you with lists of local activities, restaurants and entertainment. I can even tell you where the closest dog park is located! I also maintain a list of reputable service contacts, in case you should need a plumber, gardener, or handyman.

This search service is totally free and very user friendly!

you can go to either of my websites:

www.nancymccracken.com

www.homesearchorangecounty.listingbook.com