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What do you think about making an offer to an owner when the house is not listed for sale?

  • September 17 2013 - Studio City
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Answers (13)

When I've run out of properties to show a buyer, and they have found one that they like that isn't listed for sale, I've contacted the owners to ask if they would consider selling. Sometimes they are, and sometimes not. You have nothing to lose by asking. 
  • January 26
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What have you got to lose?  If a house is listed and is sitting on the market for many days with no offers, then naturally a seller may be willing to take less.  Perhaps he is willing to sell at a fair price to you now?  If he is, why not make an offer?

  • January 26
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Profile picture for Aaron Scott
We make offers on homes that are not for sale all the time.  Sometimes the best deals are found that way.  Its also a great way to seek exactly what you are looking for as opposed to what the market has to offer.  

Aaron Scott
Rodeo Realty
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  • September 27 2013
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Why Not?
  • September 22 2013
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I think is great, however for sale by owner sometimes think that just because they are not working with a Realtor may not have to abide by state and local laws and they vary depending what's may be require. 
  • September 19 2013
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An "unsolicited offer" may not get a good response from the owner if they are not interested in selling. However, if the offer is very high..then it might get a different reception.
Overall I think most people would be suspicious.
  • September 19 2013
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Nothing wrong in making an offer on a house that is not on the market, it happens more often than not, the only advice is to do your research on the property and area and be prepared that these prices will be usually be much higher than appraise values more so in today's sellers market were inventory is low if the homeowner chooses to sell. If you op to do it alone make sure you have all the proper forms to cover yourself and the seller.  If your are interested in some of these forms please do not hesitate to contact me.  Good luck.

Edward Uriarte
John Aaroe Group
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  • September 18 2013
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Profile picture for nealadler
You have nothing to lose.  Best bet is to have an agent contact the owner aand see if they're interested.  If they are the agent can represent you and the seller or just you.  There's much more involved than this but it would be a start.
  • September 17 2013
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Profile picture for JamieTian
I think you can approach an owner and ask if they would be interested in selling, if they say yes, then make an offer, if they say no, I would say to leave them alone.

Let me know if you need help contacting an owner to see if they are interested in selling or if you have any other questions.

Best,

Jamie Tian
Rodeo Realty
  • September 17 2013
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I think, why bother that person?

Not in a rhetorical sense, but truly - why am I bothering that person?

If it's because you think that you can offer them the deal of a lifetime, then, I think that's a great reason to contact them. If it's because you hope that you can GET the deal of a lifetime, I'm not really down with that.

All the best,
  • September 17 2013
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Have you ever purchased a home before? Schedule inspections? As previously stated, you need to be careful not to over pay. I would have a real estate attorney look over all paperwork before you sign. Have thorough inspections so you know what your getting..be certain to make your offer contingent upon inspections. Good luck! Susan Bo'ur Realtor/ Coldwell Banker
  • September 17 2013
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You can always ask an owner if they are interested in selling. If you really want the home there is no harm in asking. I will advise you to talk to a real estate agent. Agents can help consumers in preparing a comprehensive offer. The agent can approach the home owner and ask. The market in general is doing very good. Many homeowners will entertain an offer if they feel they are getting a return on their investment. Remember that a home is a personal possession, and homeowners can be protective of their asset.
  • September 17 2013
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Profile picture for sunnyview
I don't see a problem making an offer as long as you don't overpay. Some owners consider selling long before they actually list so you just never know.
  • September 17 2013
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