Yes they can.
As all the experts before me have revealed, the reality of todays market requires a buyer to wake up and smell the coffee. What many buyers don't realize is there currently exist 4 purchasing levels for homes. If a buyer is dependant on Trulia or Zillow, or for that matter even wasting time on these entertianment sites, they are yet to detect the aroma of the roasted Arabica been.
In the past week, two homes were systemicly sold, one in (-1) days on market, the other sold the very first day. For the home seller it was EZ. Every inquirer was advised to know what 'Fair Market Value' was. An educated buyer is the very best buyer.These buyers do their research (with the professional they hired) to get the facts and won't be caught on real estate aggregate websites. Their time is too valuable. In the mentioned cases, the buyer understood the issue was "HOW FAR ABOVE LIST" they were willing to go. With the assist of a little caffine, the buyer(s) easily recongnized the VALUE and reponded accordingly. Those who needed to think about it had their decision made for them.
A buyer would be well advised to understand, when a home is ready for sale. the first folks notiifed is those within the listing agents data base.
The second group will be those agents in the listing agents office.
The third will be all the agents who have done business (successfully and without drama) with that agent.
The fourth will be the activie agents in the area.
Fifth the home is placed on the MLS
Then eventually, the data is changed and appears on real estate aggregate websites.
If you want to succeed in purchasing a home, you need to get the 'real' information, respond according to what 'market value' dictates, and if you find yourself asking 'WHY?" you need to understand the plan you have in play needs to be modified. The suggestion that 'Fair Market Value" as determined by willing seller and willing and able buyer (not the bank) equates to overpaying may suggest a bit of a disconnect with the current market.
That is the role your multi-dimensional real estate professional fulfills.
Very often, a commitment to the agent representing the buyer, can get a serious buyer in the loop for level one to four. These resources will not be spent on tire kickers and those 'looking for a deal' or under the delusion HUD homes in 'move-in' condition are at such a great value to merit the frustration.
There are many ways to make sure your offer prevails. However, these suggestions are of great value and should not be deminished by offering them freely here.
It is however, easy to recognize, that real estate professionals have many resources they can bring to bear in acquiring a 'move in Ready' home. For a buyer to maintain a pedantic fixation of bank owned property suggests an unwillingness to adapt to what the current real estate market requires.
Consult with your real estate professional. Thats what they are being paid for. The buyer and seller, however, MUST folllow the guidance provided by those they have hired. That is how you get the results you want, not by second guessing those who you hire to guide you.
Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL