Making Yourself the Best Buyer for the Home You Want to Buy

What is the FSBO seller looking for?

Answer: The Dream Buyer!

If you look this up in webster's Dictionary, you probably won't find it - but here is our definition of the dream buyer:

1. A Buyer who is ready, willing and able.
   
   
   
   • Either no financing contingency or pre-approved for the loan.
   
   
   • Wanting the property strongly enough to make a fair market offer
   
   
   • Being realistic enough to note that Buyers cannot get substantial discounts for cash offers (all Sellers get cash at closing) or being pre-approved for their loan (the market is such that a buyer who isn't pre-approved for a mortgage loan is at a noticeable disadvantage.)
   
   
   • Having the grace to recognize that there might be some competition from other Buyers for the property and not make a "lowball" offer.
   
   
   • Having enough market knowledge to know what a fair market value for the property is.
   
   
   • Being in a position to close fairly quickly or at a pace that works for the Seller's situation.
   
   
   • Has no other contingencies, such as having to sell their existing home first in order to buy the FSBO.


2. A Buyer who knows what to do.
   
   
   
   • Very often, the FSBO is uncertain of the process and would appreciate the Buyer that understands the process or has access to someone who can assist.


3. A Buyer who is unafraid to go forward.


4. A Buyer who will bring the Seller a contract offer.
   • As opposed to having to make the Buyer want to write an offer.

We promised we would help you as a Buyer - well here it goes!

Our dilemma is we're supposed to be helping FSBO sellers be successful - and the easiest way for us to concentrate on that is for us to tell you as a Buyer to go get an agent, a Buyer's Agent to work with you. But that means that you are tied to an agent and the FSBO Seller is tied to a commission.

Complicating the issue is that unless you as a Buyer are bound and determined to buy a FSBO, you might as well have a Buyer's Agent to represent you - as it doesn't cost you anything in the listed portion of the marketplace, where the majority of homes for sale are to be found.

If you want the opportunity to shop FSBO, but still possibly buy 'listed'

and you do not yet have an agent (either signed by contract for representation or pre-selected) then drop us an e-mail indicating in the subject "Help me Buy, Please" and we'll arrange a consultation to assist you.