Getting a showing request is exciting for any seller, as it is a step in the right direction towards a successful sale. But, after a showing, it can be difficult to tell whether the potential buyer is serious or not. Fortunately, there are some telltale signs that a house showing went well. In this blog post, we will explore ten signs that indicate a successful showing, and a potential offer could be on the horizon.
1. Immediate Feedback
One of the first signs that the showing went well is immediate feedback from the buyer's agent. If the buyer's agent calls back immediately after the showing and asks about other offers, negotiability, and closing terms, then this is a good indication that the buyer is interested in the property.
2. Extended Interest
Another sign of a successful showing is if a buyer lingers in the house for an extended period of time. This shows that they are seriously considering the property and taking the time to explore it in depth. Additionally, if the buyer remains in the driveway to talk with their agent, then this is a good sign that the buyer is interested in the property.
3. Request for Second Showing
If the buyer requests a second showing to bring family or friends, then this is another good sign that the showing went well. A second showing signals continued interest, and this indicates that the buyer is serious about the property.
4. Focused Details
When a potential buyer is seriously considering a property, they will usually ask about finer details, like homeowner's association bylaws and age of specific components. If a buyer is focusing on a specific area of the home, then this is a good indication that they are interested in the property.
5. Highly Desirable Area
If the area is highly desirable to the buyer, then this is another good sign that the showing went well. A buyer may be willing to overlook some flaws in the property in order to live in a desirable area. If they have made it known that the location is a prime spot, you are off a great start.
If the buyer starts pointing out small items around the house, then this is a good indication that they are interested in the property and have potential plans for changes. This shows that the buyer is seriously considering the property.
7. Mental Ownership
Mental ownership occurs when a potential buyer begins to think of a property as if it were already theirs. This is an important signal for sellers to note, as it is often a sign that the buyer is getting seriously interested in a particular property and may be ready to make an offer. One way to recognize mental ownership is when a buyer starts talking about living in the house. For example, they may start discussing where they would put their furniture, or what colors they would paint the walls. This indicates that they are beginning to imagine themselves in the home and are likely to be emotionally invested in the property.
Other signs of mental ownership may include the buyer asking questions about the local area, such as nearby schools, restaurants, or shopping. This indicates that they are thinking of what it would be like to live in the neighborhood and are more likely to make an offer soon. Additionally, if the buyer starts asking detailed questions about the property itself, such as utility costs or the condition of certain features, this is also a sign that they are seriously considering making an offer.
8. The Buyer Takes Their Time
When it comes to home buying, taking your time can be a great sign. A buyer who takes their time exploring the property is likely to be seriously interested in purchasing it. Pausing to look over every detail of the property is a sign that they are not just deciding based off of impulse or a single opinion. Taking your time when looking at a property can also give you a better idea of the home’s condition. You can use this time to note any potential repairs that may be required, or to make sure that the property is up to your standards. Additionally, it’s important to take time to review all of the paperwork associated with the home’s purchase. If you’re not sure about something, don’t be afraid to ask questions.
9. They Ask a Lot of Questions
When a buyer is interested in a property, they often ask a lot of questions during the showing. This is a very positive sign, as it shows that the prospective buyer is seriously considering making an offer. Buyers tend to become increasingly inquisitive as they get closer to making a decision, so the more questions they ask, the better. Questions that a buyer may ask about a property include inquiries about the age of the home, the condition of the roof and windows, the availability of parking spaces, and the size of the yard. Buyers may also ask about the local school district, nearby shopping, and public transportation.
10. Pre-offer Inspection Request
A pre-offer inspection request is an important indicator that a buyer is serious about a property and is interested in making an offer. This request is essentially a way for the buyer to confirm that the property is in good condition and free of major issues prior to making an offer. This is beneficial to both parties involved as it allows the buyer to make an informed decision and helps to protect the seller from any unexpected issues that may arise after the sale is finalized. The pre-offer inspection process typically begins with the buyer submitting a request for an inspection to the seller. This request should include the type of inspection desired, such as a general home inspection or a more specific inspection such as a radon or mold inspection. The seller should then provide the buyer with a list of qualified inspectors that could perform the requested inspection. Once an inspector is selected and the inspection is completed, the buyer should receive a detailed report with the inspector’s findings.
While these signs may indicate an offer is imminent, it's impossible to know for sure without receiving an actual offer. That's why it's crucial to have a trusted agent by your side throughout the process, from the first showing to the final signing, to help navigate the complexities of the real estate transaction. BidMyListing can help you find the right agent for you. Our first-of-its-kind marketplace connects home sellers with top real estate agents who bid for the opportunity to represent their home sales. Each bid includes a cash offer, listing term, commission rate, and information about the agent. Create a free account today to get started!
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