Lately, many people have asked us what a reverse offer is. Today, we'll explain what that is and how it's used!
A reverse offer is a strategy we use to get your home sold faster. It's one of the ways we make a transaction happen in a situation where there doesn't seem to be an audience for your home. Typically, an agent will market your home and get people to take a look at it, but sometimes the selling process turns into a waiting game, where the agent and seller are simply waiting to see if anyone will make an offer.
To avoid sitting around waiting for a buyer to make a move, we use a reverse offer, where we reach out to a buyer and make them an offer. We acknowledge that they took a look at the house and make them an offer. We've found that being proactive like this often helps get a home sold!
The key is to avoid sitting around waiting on buyers to make a move - the power is in your hands! If you have questions about this process, or if you need real estate assistance of any kind, give us a call or shoot us a quick email. We would love to hear from you!