DUFFY Realty

Need to Sell Before You Can Close? Here are the tips you need to know.

This gets super tricky and can be a juggling act, worthy of the circus! Keep in mind, you probably won’t like these tips but they have been proven to work.

If you put a contingency that you need to sell in an offer to buy, plan to increase your offer by about 2-5% for the seller to grant this favor. Obviously, this is not the ideal option. However, you can use the Incentive from DUFFY to offset this cost. Ask us about it.

If the home has been on the market less than 30 days the odds you will win are 5% or less. Pretty low odds. And, you likely will need to pay 98-100% of the list price.

You Have NOT Listed Your Home Yet:

  • Sellers don’t like to gamble on when you list, the condition of your home, the location of your home, and the price you will list at.
  • If you are going this route your offer must include the following:
    • A very strong Lender Letter or Proof of Cash when the home sells
    • Proof of your Credit Score
    • Photos of your Home
    • A letter from you that says the date you will list, why it has not been listed yet, the price you will list at and your strategy if you don’t have offers after 2 weeks.

Your Home is Listed but you don’t have a contract yet:

  • Include with your offer your written strategy for how you will get the home under contract. (Price drop every 2 weeks, open houses, etc).
  • Include comparables for your home to justify the current price. Include the average days on market, your list date, price history and the link for the listing to see the photos

Your Home is Listed and you have a contract:

  • This option is used only when you CANNOT close on the new home if anything happens with the sale of your current home.
  • Provide with your offer the details about the offer on your home. Due Diligence end Date, Financing and Appraisal End Dates, and any information that shows YOU have a strong buyer.

^If you have listed with DUFFY we will get all of this together for you! And we have proven strategies for sellers worried about selling before they find the next home to give you the advantage. With DUFFY you only sell on YOUR terms!

REMINDER: You can sell with DUFFY for 1% TOTAL commission. An UNHEARD of opportunity and right.

DUFFY Realty is opposed to RIDICULOUS commissions. Keep more of your investment by only paying the TRUE cost of real estate for the SAME services as all other brokerages.

Check it out! List with DUFFY Realty

Contractor playbook

What most buyers do vs. how a DUFFY buyer handles it.

Most buyers ask for a verbal or vague text estimate.

DUFFY buyers demand a formal itemized PDF quote broken down by labor, materials, scope, and timing.

A formal PDF estimate can support your Amendment to Address Defects and gives the seller less room to argue the price.

Most buyers use a contractor suggested by the seller or listing agent.

DUFFY buyers hire an independent professional from the DUFFY Preferred Vendor Shortlist.

The seller's contractor has incentive to make the repair sound cheap and minor. Your contractor protects your equity.

Most buyers agree to a massive upfront deposit just to get an estimate on paper.

DUFFY buyers work with reputable trades who provide free or low-cost diagnostic quotes for pending buyers.

This keeps your out-of-pocket cash protected before you officially own the home.