Each of us should know what we are looking for in a Seller.  I'm not referring to the standard prequalifications regarding pricing the home correctly, needing to move, etc.

I'm talking about:

  1. Is the Seller willing to do their part in making sure the home is ready for show-time while it's on the market?
  2. Is the Seller willing to conduct the transaction in a way that fits with your transaction management process?

Huh??  The Seller has to do things my way?

Well...no...but...you need to decide if you want to do business with a Seller who wants to do things their way.

The Seller retains the services of an agent presumably because they want the agent to use their expertise and experience to get the home under contract AND to successfully close escrow.  Why then would a Seller who really wants a successful transaction be unwilling to do things the way their advisor counsels them to do it?

If the Seller is unwilling to make sure the home is ready for show-time - that says to me they don't care about Buyers getting a bad "first impression", nor do they care that translates into no offer or a lower offer from such Buyers.

If the Seller is unwilling to conduct the transaction congruent to your transaction management process - that says to me they are either not up to speed with technology and/or won't take advantage of transaction management tools that expedite and streamline the process, and enhance the accuracy of the process. 

For example - we use Docusign for electronic signatures.  Using this tool allows us to:

  1. get documents signed essentially instantly no matter where we are and where the Seller is
  2. avoid the document quality degradation that results from multiple faxing
  3. save the time it would take to coordinate a face to face meeting if a Seller doesn't have access to a fax machine
  4. ensure all locations on the document(s) needing initials, signatures and dates are initialled, signed and dated
  5. Save money and time versus the "traditional" methods of obtaining signatures

If a Seller only wants to deal with an agent who will drive to their home with each and every document needing a signature, I can say with confidence that they won't be found in our Listing inventory!

Hire your Sellers with care....make sure they are a good fit for how you effectively conduct business...and avoid engaging in a relationship which will likely result in disagreement and animosity.

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If you are considering a move to Phoenix, or buying Phoenix Real Estate, you owe it to yourself to talk with The Marriott Group at Keller Williams Realty Professional Partners to determine whether Tony Marriott is the best real estate Broker in the Phoenix area to help you buy or sell a home.The Marriott Group

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10 Comments on Interview Your Sellers Carefully

JUN
19
2007
148,658 Points 17 Featured Posts Localism Sponsor Outside Blog

Tony,

Great post and I agree 100%.  When my seller and I are on the same page as far as meeting each other's expectations, the listing proceeds smoothly.  Expectations can be as detailed as preferred contact method, i.e. email, phone, and how many times a week we make contact. 

Fran

9:23am • #1
147,384 Points 6 Featured Posts Outside Blog

Hmm, nice theory!  Don't know how well it would hold up in the real world where sellers get flaky on you when you least expect it!

 

Bob Mitchell

ValueList Real Estate Services, Inc. 

9:37am • #2
365,954 Points 16 Featured Posts Localism Sponsor Outside Blog
Bob - It works very well in our real world - you just have to have what it takes to follow through!
10:11am • #4
463,112 Points 89 Featured Posts Localism Sponsor Outside Blog Hit Router
AMEN, I do as much electonically as I possibly can.
9:23pm • #5
JUN
25
2007
472,061 Points 83 Featured Posts Localism Sponsor Outside Blog Hit Router
Not every seller will be willing to work with your business model, that is OK.  There is an agent for them out there, just not you.
12:57am • #7
JUN
28
2007
Localism Sponsor
Thanks Tony...a great reminder that there are times when sellers and agents "just don't fit".
2:17pm • #8

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Tony Marriott, Associate Broker, CRP, CLHMS, CRB, CRS ~~ Phoenix Arizona

Phoenix, AZ

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Keller Williams Realty Professional Partners

Address: 7025 W Bell Rd, Suite 10, Glendale, AZ, 85308

Office Phone: (623) 910-8988

Cell Phone: (623) 910-8988

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