- Insider Real Estate Secrets
- Posts
- Seller Gets 14 Offers in 5 Days
Here's what you'll find in this issue:
Real-Time Access to New Listings
We’ve been providing weekly updated lists of homes for our clients over the last few months. Even though these lists have been helpful, they don’t provide you with instant access to new homes when they hit the market.
So, we’ve made a few changes to help you get real-time access to homes matching your specific criteria!
You can get instant access to real-time updates of beautiful homes offering main floor bedrooms at this link!
And you can get instant access to a list of updated homes for sale in Lake County priced up to $300,000 here.
Even better, you’ll now have the opportunity to set up your own specific search meeting your exact wish list! :-)
Seller Gets 14 Offers In 5 Days
We listed a home last week with our powerful multiple offer system and things went a little crazy…
Within the first five days on the market, we had 50 buyer showings and received 14 offers on the home:
The reason this was crazy is because there’s another home for sale on the same street that’s been sitting on the market for 109 days without a sale.
I kind of feel bad for that seller as they had to watch all of these showings happen on a home that’s just a few doors down from their home. :-(
As we were getting ready to put this home the market, we advised the seller that because we have so many showings, they would plan a little weekend getaway! :-)
Which is exactly what he ended up doing. He left for his trip on Thursday and when he got home on Monday, his home was sold!
Getting these results for our clients is very important us, but… it requires a massive amount of work on our end!
Now we need a getaway!
Since this sale hasn’t closed, we’re unable to share the details of the final price but we can say that the home sold way above list price AND way above the value Zillow had for this home!
If you’re thinking about selling your home and would like to get similar results, you can see if home qualifies for our program here:
https://northeastohioliving.com/apply
Speaking of a massive amount of work…
How We Find Homes For Our Buyer Clients
We’ve been working with an amazing buyer who is having a hard time finding her first home.
So, we invested a day studying every home in her preferred area (not just homes listed for sale) trying to identify homes that would be likely to sell in the near future.
Long story short, there are some key things we look for that increase the likelihood that a homeowner may sell their homes.
For every home we identified, we mail them a handwritten letter:
Kate writing handwritten letters to help one of our clients find an amazing home!
This picture is actually from this morning and it doesn’t include the pile of letters she wrote last night! LOL.
Notice Leo’s (our energetic Golden Retriever’s) ball on the floor behind her! He was trying to get her to play with him!
Back when I first got into real estate (in the mid 1990s), selling homes was A LOT easier!
If you’re thinking about buying a home and would like to be considered for one of our new client openings, you can apply here:
Yes, I know it seems crazy that we have an application for new clients!
The reason why is simply because we’re limited on how many people we’re able to work with in any given month because of how much time we invest into helping each client!
Imagine how hard it would be to track down hard to find homes for 20 different buyers at the same time!
How to Multiply Assets with Real Estate
Before I sold my real estate brokerage years ago, we specialized in helping beginning investors turn one nice single-family home into dozens of of nice single-family homes.
This is the plan we helped them use:
There’s a lot more buried in my homes buying homes plan, but the basic idea is to use the proceeds of your home sale to buy two homes instead of just one home.
Now, this plan was obviously engineered for investors as a way for them to build a large portfolio of income properties.
But it can also be used by anyone who is thinking about selling their home.
When the average person sells their home, they’ll typically use the proceeds to buy one home… the home they’ll move into with their family:
One of the reasons I love real estate is because it gives us the opportunity to expand our ownership of valuable assets.
The good news is that you don’t have to be a real estate investor to use this strategy to your advantage:
Instead of using all of the proceeds from the sale of your home to buy a new home, you can reinvest some of your proceeds to build a portfolio of stocks that pay monthly dividends.
You can then use the monthly dividends to help offset the mortgage payment on your new home.
This new plan is designed to allow you to multiply assets as you’d now own both your new home and your portfolio of dividend stocks.
The goal of this new plan is to force your money to work very hard for you.
If you’d like to learn more about how to multiply your assets with real estate, you can watch our online class here:
In this 30-minute class, we detail several strategies you can use to offset your monthly mortgage payment when buying a home!
Have a great week!
-Rob & Kate Minton
eXp Realty
440-340-1445
P.S. Here are a few other ways we can help you:
1 - Grab a copy of our book, "Above List Price" detailing a 4-step system you can use to get multiple offers on your home.
2 - See a recent Case Study detailing how an Eastlake home owners set a record price with his recent home sale!
3 - Want to see what a buyer might pay for your home? Find out here.
4 - Are you having trouble finding a home that meets your wish list? Get Access to Homes Other Buyers Don’t Know About!