Blog Stories Open House Canceled!

Open House Canceled!

By Drew Burchette, June 10, 2019

Sitting here in early-June and looking backwards, it is clear that the Spring buying frenzy has ebbed. Yes, there is still competition out there on hot properties, but it is nothing like March & April. When the market is in full swing, you sometimes need to throw the kitchen sink at an offer to get it to stick. To me, a kitchen sink offer looks like this: as-is purchase, shortened inspection period, quick closing, order the appraisal right away and an offer price as high as you can stomach.

Pursuing a purchase in the Spring-Frenzy is a lot like a soccer match in my opinion: you got to keep your defense set and you always have to push on offence. You may have to take a couple of half-hearted shots in preparation for the big shot on goal when you see an opening in the defense of the market.

In working with Kirsten & Tom, starting in the Fall of 2018, we took a couple of shots on some properties in the Hayhurst neighborhood where we both reside. It seemed like we were just a bit off on all of them. The competition was fierce and the offers we put together couldn’t have really been any stronger; everyone has their limitations.

In late-April this cool house came online on SW Idaho Street; it was a winner! I had a feeling that this was a chance to take our shot. We came in strong and fast with a solid offer (not crazy) with a  quick deadline. I woke up Sunday morning to an accepted offer and the next time I went to the house, I saw the note in the picture: “Sorry, Open House Canceled!”. That is when you know you took the right shot at the right moment.

Drew Burchette

Principal Broker

I arrived in the real estate business over a decade ago and have since helped scores of people buy and sell their homes. The groundswell that I created in my practice is rooted in the relationships that I have nurtured over the years. My style is educational, and I see myself as the coach and leader of your real estate transaction. My coaching is geared towards empowering you to make informed decisions that will lead to your best possible outcome. I excel at asking the questions that get to the heart of the matter which in turn enables a smooth sale process. Away from the office I am passionate about so many things, but it all begins and ends with my family. My boys are both in elementary school and parenting is an ongoing challenge and joy for my wife and I. We love to travel around Oregon, the East Coast, Mexico and beyond. My passion for surfing, kiteboarding, and fishing help to keep me grounded in life. Read more reviews
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  • T: 503-490-6912
  • F: 503-961-8224
  • drew@livingroomre.com

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