(Three pages total)
One Day Home Sale
Information Sheet.
The home listed will be wide open from 11am to 4pm on the
date listed. You and /or your clients can show up anytime between those hours
and you will have all the time you need to experience the house.
If you like the home there is a One Page Bid Form
available at the home. You can fill it out and put the highest and
best offer price on the bid form. You will write in agent's name (Marc Lee, BRE 01956066) on the bid
form.
The TOP TWO bids received that day will be called that night
and asked to submit an RPA (the residential purchase agreement we all use).
These will be given to the seller to choose from.
All other bidders will be contacted on Monday and given an
opportunity to place a back up offer if desired.
We accept all kinds of offers: Conventional financing, Cash,
FHA, VA and any other type of financing that the property qualifies for is fine
with us. You do NOT need to have a cash offer.
After the Purchase Agreement is accepted everything is
normal. Your buyer still has all the normal rights to do any and all inspections.
You still have the normal time frames.
*
Seller's minimum acceptable bid price is $395,000.
*
Bidding will be on 06/17/2017 from 11am-4pm at 43
Olivehurst Irvine 92602
*
No registration needed. Agent or Buyer can complete the
One Page Bid Form available at the home.
*
Compensation to agent representing the successful bidder only, is stated
on
the MLS
*
House will be open for bidders to walk-through on the
same day and time
of
the Auction
*
Seller will not accept any offers prior to the auction
FAQs
Frequently
Asked Questions
Is there an auctioneer?
No. Your buyer will
submit your highest and best offer price at the property.
Are there any fees for me or my client?
No.
Do I need to register my client?
No.
Do I need to bring anything to the Open
House?
A great attitude is always appreciated. Nothing else is required.
Do I (the agent) need to attend?
No. You can send your client without you, We will make them
feel welcomed. We always respect your agency relationship.
Do you only take Cash offers?
No. We will take any financing that the property qualifies
for. Cash, Conventional, FHA,
VA, Mom and Dads checkbook…
Is this a short sale?
If this is a short sale it will be listed in the Agent
Remarks as a Short Sale.
What if my client cannot attend the Open
House?
Call us and we will talk about it.
Will you try to steal my client?
No.
What if my client does not write in my
name?
If you find out that your client’s offer was accepted and
they did not write in your name just contact us and we will add you to the
transaction as the agent.
Do we only take unrepresented buyers.
We almost never sell a home to an unrepresented buyer. Most
every sale we do has a buyer with an agent (from a different company) representing them in the purchase of the
property.
Why do you do it this way?
Because many of our clients have pets and kids or some other
reason that makes it difficult for them to sell their home in the traditional
manner. Or they need to sell fast for some reason. It is just a more efficient
way for us to sell some the homes we represent.
What if my buyer can’t afford more than the
minimum bid?
You can send them but it is unlikely that the home will sell
for less than the minimum bid.
Why is the price so low?
This is an auction sale. Traditionally an auction starts
with a low minimum bid price and then goes up from there. The seller is hoping
to get more than the minimum bid.
Does the seller have to accept an
offer?
No. The bids are non-binding for both the buyer and the
seller. However we have communicated with all of our seller clients to ensure
that they are serious about selling their home.
What if the home does not appraise at the
purchase price?
As in all transactions, if a home does not appraise at the
purchase price the buyer will have the option of either paying the difference,
backing out of the transaction or renegotiating the price.
Does the buyer have to take the home “As
Is”?
The buyer has all the normal buyer rights. Home Inspections,
Appraisal, Loan Contingency, etc,. If there are problems that come up on the
home inspection the buyer will have the usual options of either taking the home
in it’s present condition, backing out of the transaction, asking the seller to
correct items or credit money for repairs.
Thank you.
See you at the Open House.
편안하게 연락 주시면,정확하고 친절하게 상담해 드리겠습니다.
연락처:
Marc S. Lee
marclee.realtor@gmail.com
(909) 993-3629
Stanford Raffles Realty
BRE 01956066
