Sometimes, agents guarantee an offer if you list with them, even if you don’t sell your house. This method is not something that Beach Homes Realty utilizes. Glenn Phillips, CEO of Beach Homes Realty, offers the perspective and reasoning behind that decision.
- Guaranteed Offer is NOT the Same as Full-Price Offer: Guaranteed offers have different set conditions, and they are typically lower priced. If moving your house quickly is your main concern, then you may want to consider instant buyers.
- Time: Guaranteed offers usually come with a defined time frame. However, with discretionary properties like beach homes, there is a much longer time frame. Discretionary buyers have an expanded time window when they are looking at houses. The process can often take years, and this extended period doesn’t work well with guaranteed offers.
- Discretionary Buyers are Different: Discretionary buyers want their dream home and will wait patiently for it. This dream home mentality changes what they want, how they engage the market, and how they make offers.
Guaranteed offers often have fine print that needs to be read before accepting the deal. There are places that provide that service, but it doesn’t fit the Beach Homes business model. Check out beach-homes.com, where you can find agents who will help you understand the process and market of beach homes.