"No offense but I don't trust ANY real estate people." The words cut through me like a knife. I felt bad not so much for myself, although it really stunk hearing those words, but for the woman that said them.

I'm involved in the 3rd offer that these people have made. I was not involved in the previous offers on the other two properties.

These people were an "up" call I got during my floor time shift two weeks ago.

I met them, did the appropriate agency disclosures, tried to get them to consider buyer representation and then showed them a few properties listed with my company and I kept in touch. They had some interest in one of the houses I showed them but were not in any rush to make an offer.  In the meantime unbeknown to me, they had offered on two other homes with two other agents.  Those offers went nowhere.

They called suddenly, yesterday and wanted to make an offer on one of the houses I had showed them. While I am not the listing agent, I do represent the seller in the transaction. I checked on the status and was told by the listing agent that another offer was coming in.  I told the buyers that an "other offer" was coming in as well and that the seller would wait to look at both offers before deciding. 

 I went to the buyers house, we did up the paperwork, It was a low offer, I explained it all, all the clauses, all the what if's and went over the worst case scenarios, they listened politely. 

I suggested representation if this offer didn't work out and thats when I heard the words "I don't trust you" and then the clarification "I don't trust Any Real Estate Agents"!

How can I tell the buyers that I'm different? That I am trustworthy? Can I make them believe me? I really can't advise them. I can't negotiate for them...I represent the other side per their choice.

They chose to be unrepresented, they chose to go it alone. They simply don't trust real estate people. Chock it up to bad experience...chock it up to whatever, but thats the way they want it. They are classic Broker Hoppers...how very sad that they'll never have it easy...never have someone working FOR them.

I stayed a bit, we talked and I felt I built a good rapport. I explained the presentation process and they felt comfortable with it.  I left with a check in hand, it was late after 8pm and it had been a long day.

Because the seller had an important test to take the offers would not be presented until late this afternoon. I kept all the paperwork and the check in my possession at the request of the listing agent. We would meet up before the presentation. Remember I represent the Seller.

Today right before the presentation of the offer I got a call from the buyer asking me if the offer had been presented yet? Asking me if the other offer had come in? If it did then they wanted their offer presented BUT if the other offer had not come in then they wanted to wait.

They had gotten a call from the agent they had previously made an offer with...offer # 1 and those sellers were now reconsidering.

They didn't want to lose out on it or on the house we had done the paper work on...BUT they wanted time to go look at house # 1 again and make a decision.  But if the other offer had indeed come in then they would proceed???? I represent the seller...a lie would get the sellers an offer.

If the other offer had come in they would proceed....So if I lied and told them yes, that the other offer had come in...they would proceed with the offer. If I lied??? If I told the truth they would pull the offer. Very simple.

Yet they don't trust me?? I called the listing agent to double check the status of the other offer. Not in yet I was told.

I chose to tell the truth, knowing that the truth could hurt me, that I could lose the sale, that the seller could lose out. But I told the truth....yet I am not trustworthy

I told the truth, I did what was Ethically Right...I am a REALTOR and the buyers for what ever reason, in the end, believed me and trusted my answer.

 I wonder what tomorrow morning will bring...will they realize that they had no choice but to trust me...that I was trustworthy? 

Maybe they'll buy house number one But I will sleep well tonight. Maybe I won't make a sale but I know I am trustworthy. That has to count for something.

I'm glad I made the decision I did...especially after my husband Jay wrote this awesome post about me.  

 


 

 

 

 

 

 

http://www.monikamcgillicuddytrainer.com

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ABR* SRES* Agency* Ethics* New Agent Skill Building* Professional Guidelines* Negotiations* Mediation

 

 

 

33 Comments on I Don't Trust You.

JUN
26
2007
130,959 Points 14 Featured Posts Outside Blog
As long as you are truthful you will prevail. Hopefully they will see that and not buy the other house and hire you as their agent.
6:40pm • #1
185,877 Points 28 Featured Posts Outside Blog
It's so sad that they have allowed their distrust of our entire profession to keep them from being protected in this scenario.  You did the right thing-of COURSE you did because you are the epitome of the highest class of agent in this business.  If these folks do even a tiny bit of research they will value you and spread the good word.
6:43pm • #2
259,293 Points 38 Featured Posts Outside Blog
I hope you're right hon! Tomorrow will tell the rest of the story.
6:44pm • #3
259,293 Points 38 Featured Posts Outside Blog
OMg...Leigh Thank you so much! Your words made me smile! :)
6:46pm • #4
1 Featured Post

Monika!

You just passed the test! Real World game of Scruples! Can you imagine if you'd lied, and somehow things got sideways, and the buyers found out? That would VERIFY for them that all agents lie...

Sleep well!

6:49pm • #5
316,865 Points 45 Featured Posts Outside Blog
Monika - knowing you, you would do nothing less than tell the truth.  We both know there are others in our profession who would have done something entirely differently than you did, which is just exactly what I would have done, but do those agents actually sleep at night?  Can they look themselves squarely in the mirror each and every day?  Who knows, who cares.....   But one thing you do know is that YOU do the right thing and that right thing will always come back to you tenfold.  I hope those buyers come back to you and when they do, that they GET the notion of trust and having their own representative.
6:50pm • #6
259,293 Points 38 Featured Posts Outside Blog
Patrick you are absolutely right..truth always wins in the end. Thank you.
6:53pm • #7
567,075 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router
You did the right thing. I told a seller today that I would not rent to the buyer for 4 years. His credit is terrible and I could not sleep tonight if I didn't tell him. He wanted to go forward and I was willing to let him but it was HIGH RISK !! Lost a sale, yes. Sleep well tonight, yes. You will too, Monika.
6:56pm • #8
259,293 Points 38 Featured Posts Outside Blog
Ann...Thank you. I sure hope I get good news in the morning but if not I know I did the right thing. I also know there are agents out there that would not have done what I did, they probably have a lot more money than I do but I have my integrity and my honor.

6:56pm • #9
161,589 Points Outside Blog

The does always win in the end. Have you ever noticed that those times when maybe you did stretch/cover/dissemble the truth it came back to bite you! It has happened to me! 

Like my gran says "What is done in the dark comes into the light!" scary 

7:35pm • #11
2 Featured Posts
I love that saying Todd and Danielle...What is done in the dark comes into the light!  How very true that is. Your gran is a smart lady.
7:42pm • #12
259,293 Points 38 Featured Posts Outside Blog
Thanks Cheryl...This was very thought provoking situation because they told me they didn't trust me. Yet they ended believing what I told them.
8:28pm • #13
225,354 Points 41 Featured Posts Outside Blog
Monika, after all is said and done, we have to live with ourselves and the choices we've made. You are a person of morals and I hope the buyers realize how your actions prove you trustworthy.  I would be honored to call you my Realtor.
9:09pm • #14
134,240 Points 8 Featured Posts Outside Blog

Monika,

You will always sleep at night! Great job! :)

9:19pm • #15
212,327 Points 56 Featured Posts Outside Blog
Monika - you did the right thing.  The sad thing about people like that is that the reason they don't trust is because they are not trustworthy themselves, plain and simple.  Those customers that are not loyal will doubt you, those that have been unethical will think the same about you.  I'm proud of you for doing the right thing....but I would never doubt that.
10:53pm • #16
5 Featured Posts
Monika, did you ever ask them to tell you why they didn't trust realtors?  What made them feel this way?  Ask them what you would have to do to provide them with a trust relationship?  It could be that they are reacting in the way they are and you may not want to be a part of their business.  So many questions, so few answers! 
11:01pm • #17
JUN
27
2007
2 Featured Posts
Thanks Maggie...I appreciate your words. I wonder what news I'll hear today.
6:43am • #18
2 Featured Posts

Suzanne...Other than the heat up here I slept great last night :) Thanks so much for stopping by.

 

6:44am • #19
2 Featured Posts

Ines.....You are right they are Broker Hoppers big time. I do think it ironic that they don't trust agents but just took my word as a fact and acted according to what I told them.

David...They had previous bad experiences both selling and buying, enough to make them feel very negative towards agents. So they go around making offers...and not getting anywhere...they came right out and told me they did not trust agents. I hope I can turn that around.

6:49am • #20
4 Featured Posts

ah, but you are trustworthy and it may not be important that they know it, as apparently they will not accept the fact, but it is important that you know it.

 

it's the mirror check. if you're okay with the person in the mirror than you're okay. 

10:19am • #21
259,293 Points 38 Featured Posts Outside Blog

Thanks Jay. I like the Mirror check idea and I like what I see...so I must be okay.

 

10:32am • #22
188,781 Points 18 Featured Posts Outside Blog

Monika,

A lot of people do not trust Realtors! There are a lot of Realtors that cannot be trusted.

In the end you have to do what you feel is right. It's not always about the sale. I just had a buyer who said "I trust you" on a listing of mine.  That made me feel even worse. I immediately told him to get representation!  I would never lie to a client or a customer, but if I am representing someone, there is only so much I am allowed to reveal. I really believe that agency laws have furthered the distrust of Realtors. Good for you for sticking to your own principles.

1:28pm • #23
259,293 Points 38 Featured Posts Outside Blog

Hi Karen,

Isn't that sad? So many people don't trust us or like us. When you know you can help someone and they won't let you it is so frustrating. Thanks for commenting Karen.

2:18pm • #24
JUN
28
2007
1 Featured Post

Monika, your actions were correct (and of course you know this).

The fiduciary duties owed by an agency to its principal do not include any duty to lie.

Once burned, twice shy as the saying goes. That is probably why these customers do not want to commit to a full agency relationship (which of course they cannot do with you with respect to any of your agency's listings unless both clients agree to the limited representation of double agency).

And if the agency will be limited, then these buyers probably figure that they would be better served being just customers.

Trust must be earned and sometimes it is more difficult to become trusted.

Truthfulness is a duty owed to all; clients, customers, and other REALTORS. 

9:16am • #25
JUN
29
2007
403,148 Points 72 Featured Posts Outside Blog

Monika...

This further reflects the ongoing public perception the consumer has of us. You stick to your guns, I'll stick to mine. Perhaps we can get other's to throw in their guns and collectively change what the consumer thinks of this industry. Hey. I can dream. Right? :)

If all else fails we can those guns and go shoot something. LOL.

TLW...ROAR!

6:44pm • #26
259,293 Points 38 Featured Posts Outside Blog

Larry...Thank you for commenting. Truthfulness is a duty owed to all and when you conduct yourself ethically and do the right thing always, it is  so hard to hear those words "I don't trust you".  I know Trust must be earned...I just want to opportunity to earn it.

 

TLW...Lets go shooting!!! I could use the laugh! 

8:23pm • #27
JUL
07
2007
362,416 Points 95 Featured Posts Localism Sponsor Outside Blog

Monika-my mom doesn't trust realtors at all!  Now that she is selling, she does take Neal's and my advice.  I laughed after all the paperwork was signed and Neal had left, she told me she trusted me, believe it or not, I had to work extra hard for her to know the benefit of a realtor.  Other's may think it's strange but I needed to hear that.  

I would have done the same thing as you and  I would hope all realtors would.  I often wonder how many realtors made a mistake that would cause the public to look at us.  

11:37am • #28
259,293 Points 38 Featured Posts Outside Blog
Thank you Midori...doing the right thing makes life so much easier! I'm glad your mom told you she trusted you!
12:00pm • #29
SEP
06
2007
Yes, You were right to be honest, and Thank you for upholding our name as REALTORS(R), But I want to know what happened?!!?? did they ever come back and buy from you? did they get tangled up in some FSBO deal? Did they succeed in buying the other house?
2:33pm • #30
259,293 Points 38 Featured Posts Outside Blog

Michael,

Yes they bought but without me. They ended up buying a house they had low-balled before meeting me. They got their price and are happy. The seller who lost out....his house is still on the market.

7:33pm • #31
  • Well, sometimes Karma isn't instant, but you did the right thing!

11:38pm • #32
SEP
07
2007
188,781 Points 18 Featured Posts Outside Blog

Michael,

Karma is "never" instant:) That's why it takes so long for people to figure out what they are doing right or wrong!

Sorry Monika, I know answering a comment on anothers' blog is considered bad form, but I couldn't resist:)

8:19am • #33
259,293 Points 38 Featured Posts Outside Blog

Michael...These buyers had previously made an offer on that house with an other agent. I was not going to interfere in that. Plus they made it pretty clear they work only with the listing office...thinking without a co-broker involved they could get a better deal.

 

Karen...Answer away! That does not bother me in the least.

Your answer is right on...it really is never instant...at least in my case.

12:07pm • #34

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Monika McGillicuddy~REALTOR®~ N.H. Real Estate Broker & Trainer

Hampstead, NH

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Prudential Verani Realty/Hampstead

Address: 2 Main Street , Hampstead, NH, 03841

Office Phone: (603) 327-0247

Cell Phone: (603) 548-7728

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This blog is all about real world real estate from market conditions to community information. It offers a personal perspective and an insider look at real estate, real estate agents and the services they offer. I not only list and sell for a living but I also train other agents on all aspects of real estate sales. View Monika McGillicuddy's profile on LinkedIn


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