Success Story: Sold their home at the price and terms they wanted!

Selling your home at the price and terms you want without using the MLS is possible. I have a track record of accomplishing tasks others have been unable to achieve. I can’t disclose specific details due to client confidentiality, but I can provide a general overview of a successful case.

Client’s Objectives:

  1. Privacy: The client desired no signage in the yard and no interior access to their home until price and terms were agreed upon.
  2. No Repairs: The client wished to sell the home as-is, without undertaking any repairs.
  3. Specific Closing Date: The client needed to close by a certain date to secure funds to move into the senior living community, but also required a 30-day post-possession period to allow for painting and appliance replacement in the unit.

The Numbers:

  1. Comparable Home Sales (Comps): Between $900,000 – $995,000.
  2. Off-MLS Pricing: Set at $945,000 with a 3% commission, based on a recent appraisal.
  3. If we did not secure an Off-MLS Buyer – MLS Listing Price: At $995,000 with a 6% commission, (3% of which would go to the Buyer’s Agent).

Our Strategy:

  1. Capture the essence of the home through high-quality photos and videos.
  2. Craft a narrative showcasing the home’s unique features along with the beauty of the neighborhood.
  3. Develop a webpage with photos, videos, narrative, and comps that support our price.
  4. Reached out to three builders I had previously worked with, an investor who had previously offered over $1 million for the home, and an interested neighbor.

Our Results:

  1. After viewing our webpage, three out of the five people we contacted verbally agreed to the terms: $945,000, no repairs, and a 30-day post-possession.
  2. The client chose the buyer they felt most comfortable with. After the buyer viewed the home in person, I completed the paperwork, and the home closed at the agreed price and terms.

Observations:

  1. If the home had been listed on the MLS, it likely would have sold for $995,000, and even after paying the extra 3% commission to the Buyer’s Agent, my clients possibly would have netted more money if they did not have to make any repairs or concessions. Thus, there was a trade-off between privacy, no repairs, and the 30-day post-possession, and receiving the highest possible price.
  2. The investor who initially sent a letter offering over $1 million reduced their offer to the “low $800,000’s” when presented with the actual opportunity to purchase. This serves as a caution: don’t always take such offers at face value. Instead, consider hiring a professional like me, dedicated to protecting your best interests in buying or selling a home.
  3. These results are not typical but are a result of my experience, professionalism, and hard work.