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Updated about 9 years ago on . Most recent reply

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96
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36
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Leah Bonner
  • Specialist
  • Roanoke, TX
36
Votes |
96
Posts

Submitting offers to fsbos ?

Leah Bonner
  • Specialist
  • Roanoke, TX
Posted

Getting very frustrated. 

Have seen so many people say "just go make offers" ok does that mean call and make an offer right there ? Or does that mean email them an offer? So far I've been getting no after no and the houses are selling market value in 5 days! 

So now I'm seeing people get offers accepted but I don't know how they sent the offer, do I call and say it? Or drive for dollars and knock on fsbos. I really don't know what to do its so frustrating . 

Another thing I'm going to start doing is leaving sticky notes on expired listings saying I'm wanting to buy there house call us and hope that that gets at least ONE deal. 

Most Popular Reply

User Stats

803
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689
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Jake Thomas
  • Residential Real Estate Agent
  • Grand Rapids, MI
689
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803
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Jake Thomas
  • Residential Real Estate Agent
  • Grand Rapids, MI
Replied

With FSBO's it's usually best to just call and talk to them about what they want for the property and negotiate price and terms verbally before putting anything in writing. The don't have a Realtor that needs to present the offer. I have done this on the last 4 or 5 FSBO's we have bought. Once its all agreed upon you put it in writing. Now, if you are trying to give a low offer the first week they have a property listed you will get a whole lot of NO's. Look for the ones that have been for sale for 30+ days or the ones that need obvious repairs.

Sometimes just talking to the owners to find out their motivation and reason to sell will also help. I have talked to one owner that had his house listed and ended up buying a different house he had. Just have a conversation and be friendly and good things will come....eventually. 

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