How a Holiday Weekend Can Help Silicon Valley Buyers Negotiate (and GET!) a Great Home Buy
By Michelle C. Carr-Crowe, ABR, ALHS, ASP, CDPE, PME, RECS, SRES
Did you know it’s estimated about 30 percent of the population in Santa Clara County leaves the immediate Valley during most holiday (three-day) weekends? Even in the current fiscally conservative time, people still plan to get away to visit friends or relatives, as well as campgrounds, beaches, theme parks and pre-paid timeshares.
What does this mean for the Buyers who stay in town? First and foremost is OPPORTUNITY due to temporarily reduced competition! Especially in the more competitive market segments, such as under $900,000 for single-family in Lynbrook High, under $600,000 for Cambrian with Branham or Leigh High Schools or almost any single-family home under $400,000.
The three-day holiday weekend effectively removes about one-third of your potential competition. Those on holiday are likely “taking a full mental break” and also unplugging from the phone and Internet.
The flip side of course is those who remain in town during a holiday weekend are the most committed and/or motivated to buy in the near future.
Secondly, a three-day weekend gives you as a buyer that third “weekend” day to re-visit the home(s), go over the pros and cons and just think things over without immediately rushing back into your usual work and school routine.
Thirdly, for Buyers who are truly prepared (pre-approval letter already on file, clear goals and a defined plan), it’s a chance to leap ahead by making an offer while others are relaxing. As in Aesop’s Fable, this is that window of time when the hare, who had run so far ahead of the turtle he is now off napping—which means this is the time when the turtle can take advantage and beat the hare to the winner’s circle!
If you’re pre-approved, prepared and know precisely what you want to buy—and see it available this weekend, this may be your big chance to hop ahead of the competition and secure a great home buy.
Michelle C. Carr-Crowe leads the Get RE$ult$ Team, and is the Experienced Lynbrook and Cupertino Schools Expert, assisted by her excellent team. A licensee for over 20 years, she is a Multi-Million Dollar Producer. In addition to marketing and business development, she's an internationally-published freelance writer with over 1,000 articles published in publications such as the San Jose Mercury News, the San Jose Business Journal, San Jose Magazine, Cupertino Courier, the San Mateo Weekly Times and Inman Real Estate News Service. Her designations include: Accredited Buyers Representative (ABR), Accredited Luxury Home Specialist (ALHS), Accredited Staging Professional (ASP), Certified Distressed Property Expert (CDPE), Property Marketing Expert (PME), Real Estate CyberSpace Specialist (RECS), Senior Real Estate Specialist (SRES), and one of less than 150 agents worldwide to achieve the Accredited Luxury Home Specialist (ALHS) designation. She has just completed specific coursework and testing as a Certified Distressed Property Expert (CDPE)*, to help clients dealing with foreclosures and pre-foreclosures, short sales, bank-owned homes and loan modifications. Visit her online at http://www.michellejudycarr.com/ or http://www.lynbrookhighhomes.com/. For RE$ult$ … Just Call … (408) 252-8900 !!
© All Universal Rights Reserved. No portion may be copied, truncated or distributed in any form without the express written permission of Michelle C. Carr-Crowe. All violators will be prosecuted to the full extent of the law.
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