Real Estate Information Archive

What must a Buyer Know in Multiple Offer Situations? 

If you walk in a home and instantly fall in love with it, the odds are pretty high you aren’t the only one. (Click HERE for Why!) Welcome to multiple offers. The best thing you can do is make an offer as soon as you are comfortable and make it good.

Buyers often pass over making an offer for the simply the fear of being in multiple offers. Don’t let your fear get in the way!  Don’t assume that you may not have a chance; get your offer in. There is always a chance that your offer may just be what the sellers are looking for.  Likewise, very often we see buyers & agents get overly discouraged in a competitive market and fail to submit their offer based on a false assumption of multiple offers. 

Should a property receive multiple offers, the seller will likely request a highest and best with a deadline for submission.  However, a seller is not required to do so!  It is not uncommon for a seller’s needs to be met by one particular offer (a stand out offer) and they don’t request highest & best - they simply try and work with the offer the best suits their needs.  Remember, there is more to the offer than price alone.  If you can offer the seller flexibility with the closing date, or perhaps allowing the seller to stay in the home for a few days after closing, you may just win the day.

First discuss your strategy with your agent, and understand your options.  Be frank in your desire for a particular house; this way, your strategy can support your needs.  Second ask yourself what this home is worth to you and what you are willing to lose it over.  Simply put, there is a price that keeps the house attractive, and a price where "losing" the offer is acceptable.  Lastly, ask your lender about your options to make sure the home & strategy remain affordable in your set budget.

Something to remember, in Texas, a seller is not required to disclose if they have more than one offer!  And there are times when a seller may feel requesting a "highest & best" offer is not in their best interest.  That is why you may want to put out your best offer forward, if it is a home you truly want.  When you put your best offer forward, you know that should the seller select another offer, it was at terms or a price greater that you were willing to pay. 

If you end up in a multiple offer scenario, we can help you create a strategy that you feel will put you in the best position to meet your goals.  The most important thing to remember, do not get discouraged!  The answer is always “No”, if you don’t make the offer!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Realty Frisco 

469.951.9588: Mobile

972.215.7747: Office

www.christiecannon.com

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

4783 Preston Rd #300 Frisco TX 75034

Why am I affiliated with Keller Williams Realty? - Christie Cannon | Keller Williams Frisco

My affiliation with the fastest growing and largest Real Estate company in the world is no accident!  With my business partner and husband holding an independent Broker’s license, and given my long experience in real estate – the opportunity to be affiliated with any number of brokerages and companies is available.

I wanted to affiliate my real estate services, and The Christie Cannon Team, with a company whose values closely match my own, a company that offered exceptional tools for their agents to in-turn provide an exceptional home-buying and home-selling experience to each client, and a company that actually listened to suggestions from its agents.  That is why we choose to be affiliated with Keller Williams Realty.

Here is the belief system at Keller Williams Realty, simple, clear, effective, and powerful:

– WI4C2TS –

Win Win or no deal

Integrity to do the right thing

Customer always comes first

Commitment in all things

Communication seek first to understand

Creativity ideas before results

Teamwork together we achieve more

Trust starts with honesty

Success results through people

It is a belief system, mission, vision, and set of values that mimic our own.  We are proud to be part of this culture and commitment to excellence.  We are proud to be part of company that focuses not on only on service, but on selfless-ness. Keller Williams Realty is company that understands, and has been recognized, for understanding that the culture of a company is every bit as important as its economic model.

With a business belief system this well-defined, I am assured that my past and current customers always come first. It’s Keller Williams Realty’s & The Christie Cannon Team’s commitment to you.

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Realty Frisco 

469.951.9588: Mobile

972.215.7747: Office

www.christiecannon.com

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2015

Top 100 Agents in the Nation / KW

The Christie Cannon Team | Keller Williams Frisco TX | www.christiecannon.com

4783 Preston Rd #300 Frisco TX

More Staging Tips to Help You Sell Faster and for More Money, from Christie Cannon | Keller Williams Frisco Tx

Buyers love built-in bookshelves. There’s a fine line between filling them with clutter and staging them to sell. The trick is to arrange neutral items in clusters. Make sure that no single accessory stands out too much. That way, you’ll show off your attractive built-ins, and not your personal belongings.

Curb appeal is vital to attracting buyers. First, with two tones of paint, add a faux finish to any corner keystones. Next, bring out the color of walkway pavers using a stone sealer and finally, plant flowers in bloom.

Staging rooms to show off their true potential is essential when selling your home. Clear out clutter or other personal items that will distract buyers. Paint the walls a neutral tine, and furnish the space to show off how functional it is.

Let the sun shine in. Buyers love light and airy living rooms, but dark and dingy isn’t on their list. Open up your window shades to let some light in. Cheat some sunshine with a light-colored paint and lots of artificial lighting. You can never have too many lamps.

Unpleasant pet odors won’t win over buyers. We all love our pets, but unpleasant pet odors can make a negative first impression. Be sure to get rid of old carpet than can trap offensive smells. Replace it with fresh new carpet in a neutral color. Plus, if you paint the walls to match, your living room will look bigger.  If that doesn't do the trick, consider an Ozone Treatment!

Storage space sells! Potential buyers love homes that have lots of storage space. Since they will open your closets, it’s a good idea to clear out unnecessary clutter, and organize your shelves to show off how much storage you really have. Plus, it gives you a chance to start packing, as you will definitely be moving once buyers see all that closet space.

Create a nice flow in your rooms. Buyers are attracted to homes that have a good flow. You can create circulation by replacing square or rectangular dining tables with round ones. Cutting the corners adds room to this maneuver and creates a spinoff effect that adds flow to your home – cash flow, that is. 

Pack up unnecessary items. An overpacked room is a red-flag to buyers that a home lacks storage.  Clear the way for buyers to see your space and square-footage. Consider a short term storage unity or even the garage.

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469-951-9588: Mobile

4783 Preston Rd #300, Frisco, TX 75034

Some Staging Tips for Selling Your Home Faster, from Christie Cannon | Keller Williams Frisco

Grimy bathroom walls are a major red flag to buyers. Here is an easy way to get rid of surface mold: Mix a spray bottle with one part water and one part bleach. Just spray it on the wall, and watch the mold disappear. Give it a fresh coat of paint and your grimy bathroom will go from red flat to red-hot.

Don’t replace a yucky shower door: Just scour it. Instead of replacing it, clean it with a mixture of one part muriatic acid and about 10 parts water. Scrub with steel wool, wipe it down and reinstall the door.

Avoid dated tile by painting. Bathrooms sell houses, but dated tile in a bathroom doesn’t. A low-cost alternative to replacing the tile is to use paint. First coat the tiles with a high-adhesion primer. Next, brush on a special ceramic epoxy covering. For a fraction of the cost of new tile, you will have an up-to-date bathroom that brings in big bucks.

Pedestal sinks are a big hit with buyers. They show off square footage in small bathrooms beautifully. First, your old vanity has to go. Next, just hook up your new sink and your bathroom will have dramatic appeal that brings in big bucks.

A master bedroom should appeal to both sexes. Get rid of features that seem too gender-specific. Paint the walls a neutral color, and choose bedding that matches. Then accessorize with items that complement the overall color scheme.

New kitchen appliances bring high returns from sellers. Once you install the new equipment, it will scream “new kitchen,” and you will see that spending a little money will make you even more.

Turn an unattractive fireplace into a selling feature. First, that dated brass screen has got to go. Next, give the fireplace a good cleaning, scrubbing it with soap and water. Then, using a stone color enhancer, polish the bricks to make them shine.

Stain or paint dated kitchen cabinets instead of replacing them. First, apply the stain in even strokes, going with the grain of the wood. Add some stylish hardware, and your kitchen will have the up-to-date look that buyers love.

Stainless-steel appliances are definitely in with buyers. Instead of buying a new dishwasher, there may be a low-cost way to resurface an old one: check with your manufacturer, many sell replacement panels & covers for the dishwasher facing.

Fill existing hardware holes instead of making new, unsightly ones. First, dip a toothpick in glue and place it in the stripped hole. Cut off the excess piece. Once the glue dries, you’ll be ready to put in the hardware that buyers love.

Save money on granite countertops. First, see if you can do the demo yourself. Also, ask the vendor for remnants from previous projects for smaller bathroom jobs. Remember, many times the money you spend will definitely returned in the value these beautiful counters add to your kitchen & baths.

Have Questions, feel free to give me a call!

CHRISTIE CANNON  REALTOR

The Christie Cannon Team

Keller Williams Frisco

469-951-9588: Mobile

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

#1 Keller Williams Agent 2011-2016

Top 100 Agents in the Nation / KW

4783 Preston Rd #300, Frisco, TX 75034

By now it is no secret that Dallas & Fort Worth real estate dominated national news in 2016, but according to REALTOR.com, Texas holds an overwhelming majority in the top searched zip codes on their national website.

TX real estate's "hot market" factor has earned TX cities 18 of the top 20 spots, with the entire top 10 list being from TX!

North Texas eats up the entire top 10 with Dallas suburbs taking 6 spots!

So why all the love?  For starters, keep in mind we are talking a geographic area the size of Connecticut & Rhode Island combined!  Likewise, this list only factors REALTOR.com's searches.  Other websites, like Zillow.com, are much less accurate (in many cases by more than 20%) in our non-disclosure state. 

And those Waco spots?  Well, according to one REALTOR.com article, a great deal of that search may simply be attributed to the wildly popular Chip & Joanne Gaines' TV show "Fixer Upper"!

It will be interesting to see how this list compares to other national websites stats!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Named among America's Best Real Estate Agents by Real Trends Magazine

Certified Luxury Home Marketing Specialist

Global Property Specialist

#1 Keller Williams Agent 2011-2016

Top 50 Agents in the Nation / KW

Business Insider recently reported that the number of US foreclosure is at an all time low!

Combine this good news with the previous reporting that mortgage debt is actually decreasing.

Come & join us this Friday for A Hard Days Night at this week's Concerts in the Courtyard at The Shops at Willow Bend in Plano sponsored by The Christie Cannon Team.

Should be another great concert with an awesome band!

A Hard Days Night, a Beatles Tribute Band, has been rocking out Beatles classics for more than 20 years!

We are so excited to see them this Friday October 28th starting at 6:30pm!

& we so hope to see you there!

Come & join us this Friday for Blaze of Glory at this week's Concerts in the Courtyard at The Shops at Willow Bend in Plano!

The Christie Cannon Team will have a face painter for the kids (or those of us a kid at heart).

Should be another great concert with an awesome band!

Blaze of Glory, Bon Jovi Tribute Band, is an incredible almost uncanny reproduction of a live Bon Jovi concert!

In fact they are so true to the actual artist, they were selected to appear on AXS TV’s nationwide live broadcast World’s Greatest Tribute Bands over every other Bon Jovi tribute band in North America, followed by headlining the California State Fair and even going international by playing the Miller Light Experience in San Pedro Sula Honduras!

We hope to see you there this Friday October 14th starting at 6:30pm!

For the 4th year, each Friday in October, shoppers & the public are invited to enjoy music, food, & fun under the Texas stars at the Shops at Willow Bend. 

The Christie Cannon Team is thrilled to be a sponsor for this wonderful event!

Concerts in the Courtyard are each Friday from 6:30pm - 8:30pm - at The Shops at Willow Bend Crate & Barrel Courtyard along West park Blvd in Plano, TX!

Thank you & we hope to see you there!

Christie Cannon  REALTOR

The Christie Cannon Team

Keller Williams Frisco TX

469.951.9588: Mobile

972.215.7747: Office

Voted as one of the BEST Realtors in D Magazine for 2010-2016

Voted as a Five Star Professional 2012-2016 Texas Monthly Magazine

Name among America's Best Real Estate Agents by Real Trends Magazine

Named among The Tope 250 Professional Real Estate Team  is America, as seen in The Wall Street Journal

Certified Luxury Home Marketing Specialist

Global Property Specialist - World-wide Marketing

#1 Keller Williams Agent 2011-2015

Top 50 Agents in the Nation / KW

Congratulations to The Christie Cannon Team of Keller Williams Frisco TX for being named by Real Estate Executive Magazine to the 100 Most Influential Real Estate Agents in North Texas!