If you’re trying to sell your Flower Mound home, it’s likely you get excited when a potential buyer gushes over your house – could this be the one? Unfortunately, it’s often more about people’s actions than their words when it comes to determining who the serious buyers are, and who’s just really “kicking tires.” Our Dallas real estate professionals have a few signs to share with you that often indicate a buyer isn’t all that serious.
If the buyer has just begun looking at homes, don’t get too excited. Most buyers look at several homes before they choose “the one,” and in most cases it takes a few months of looking. If yours is the first home the buyer has looked at, don’t get your hopes up too much.
No real estate agent? Buyers who are looking for homes without the benefit of a real estate agent generally aren’t in the serious stage. It doesn’t cost the buyer anything to have a buyer’s agent, as the agent’s commission is paid by the seller. Having a buyer’s agent is equivalent to having a no-cost expert help in the buying process, so if the buyer is without an agent, he/she is likely not serious about finding the perfect home.
The buyer doesn’t have a pre-approval letter from a lender. When buyer’s submit an offer on a home, they also include a pre-approval letter which lets the seller know the buyer has been approved and has the funding to purchase the home. Without one? Don’t give the buyer a second thought.
You get a super-low offer from the buyer. Sure, everyone wants a great deal – but serious buyers won’t give you an offer that’s unreasonably low, as the market is competitive and homes in the Flower Mound area go super fast. If a buyer truly loves a home, you’ll get the best offer from the get-go.
Breezing through an open house. When someone attends an open house and zips along at a good clip without really checking things out, it isn’t a good sign. When a buyer is really interested in a home, he/she will typically take a closer look at various features and rooms – serious buyers will hang around a while, and usually have a few questions.
When you put your home on the market, naturally you want the interest of serious buyers. As experienced Flower Mound real estate agents, the folks at Team Nelson help match buyers with the type of home they’re looking for. We know you don’t want to waste time; we help streamline the process and find the right buyer for your home.