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Luke Simonetti
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How to convince motivated sellers to go with your offer

Luke Simonetti
Posted Feb 27 2020, 10:43

We pay for qualified leads in our area for motivated off-market home sellers. But it seems like the majority of the distressed seller leads that come through are "shopping around" for multiple offers. We may be the 3rd investors they speak with, or the 1st, etc.. Regardless, we may walk the property, talk with the seller, then email them an offer (EM included, no or low DD, closing in less than 10 days or flexible). All in all, we make pretty compelling offers from my perspective. A lot of people have ghosted us or simply say they're taking another offer without providing information on those other offers..

How can we make ourselves stand out? Does anyone have thoughts on how we can better compete or grab the attention of the seller?

Is it better to make verbal offers as opposed to emailing a contract w/ the price? We generally don't make verbal offers solely because most people aren't ready to make a split decision like that without mauling it over or consulting their spouse. We don't want to put someone on the spot.

Any thoughts are greatly appreciated! 

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