The low level of housing inventory has so many buyers frustrated across Middle Tennessee. Sellers are receiving multiple purchase agreements and in most cases, accepting highest and best offer, resulting in buyers paying thousands above list price regardless of appraisal.
Last week we had a buyer’s agent submit an offer on a listing. The offer was $6,000 above list price with no appraisal contingency. There were a total of 17 offers submitted on this property and unfortunately our agent’s offer did not get accepted. Buyers are finding themselves in the do-loop of a sellers market.
There is a remedy to the madness and we’ve been helping buyers escape the sellers market do-loop! Daily we receive inquiries about our custom build process. Many people don’t know we can practically modify any plan to fit their needs. And although we have lots available in multiple areas throughout Rutherford County, we are not restricted to building on our own lots/land. Often, buyers come in with their own land or there is land we purchase as part of the construction process.
If you are tired of competing with multiple buyers, it doesn’t hurt to contact us and find out where we are currently building, our available lots or if you have land/lots in mind to build. We are building homes from mid $250’s to high $500’s.
Future projects – Homes starting in high $200’s to low $300’s
- Long Creek in Christiana, this year there will be 33 lots from .5 acres to 3 acres
- Robin Estates, Northeast Murfreesboro – 10 large lots all .75 acres or more
- Brookside, La Vergne, over 70 lots @ 10k sqft & up.
615-216-4589 or 615-890-8053
