I really love to play hold em. It is a great game. You sit around a table and everyone sits there and tries to take each others money. While cards in general indicates a game of chance and luck… many card games involve skill including calculating odds and expected payout to determine if your wager is worth making. Now, the best thing about hold em is that you can play for free with the exception of having to ante if you are the big or little blind. One thing that any seasoned player will tell you is that you need to take emotion out of your game in order to succeed.
The point of the that analogy is that when you are thinking of buying a home you should not let external influences cloud your judgement or strategy. You have the freedom to send in an offer AT ANY TIME AT YOUR PRICE. It costs you nothing. Raptor your strategy is not much different then many clients I have. I often wonder why they draw such a hard line if they find out others are interested in the home they like. It happens alot, we see a home and they want to make an offer. They ask me to call the listing agent and feel them out or see if they have interest. Of course 99% of the time, the listing agent says yeah we have had LOTs of activity or an offer is coming or we have an offer. Pretty much none of the time the agent says, no the home is dead and nobody has shown up….So then the buyer gets discouraged and says “well okay we really like it but I am not going to get caught up if they have offers. The house sat for 67 days and all of the sudden they get offers.. I think they are playing me! There agent is full of crap!”
My response is always the same, “So what?”
Invariably the answer is one of emotion and an almost self righteous response. “Well I don’t want to get in a bidding war. I don’t want to play that game… I don’t want to be used to get someone elses bid higher.”
Again, my question is the same, “So what?”
The bottom line is when you really peel the onion, if you are a buyer and your strategy gets deterred because the other agent says something about other offers, then you are basing your decision on emotion. Which is okay! I understand that. However don’t blame the other side for you not getting the home. It is not their fault. If you never made the offer, you never can blame the other side for not accepting it. You see what I mean? You can put blame on the other guys agent or the other guy himself or whatever, but in the end, it was your decision not to make the offer, not his or not the agents.
Look Raptor, it is 100% free of charge to make offers.. I understand you have your own principles… That is fine… but if you really liked the 5 properties then you should have made 5 offers. Don’t worry about what the other agent says… If you love the home implement the strategy you and your agent have come up with and write the offer… if they don’t accept it… move on… you’ll find another home you love.
