You have a listing and an agent shows it, all very normal, you call the agent for some feedback and they say, "My buyers love it, it's great, I'm writing an offer for them!"
It only takes one time to learn that you NEVER say ANYTHING to you Sellers about the offer that is coming in. You can give them feedback, but I never say a word about an offer until I have it in my hands.
Well, this happened recently, I received assurances from the agent that an offer was coming. Now, I'm an upbeat, optimistic person, but I wasn't holding my breath.
Two days later I called saying, "Where's that offer you were writing?"
"Oh, yeah, I meant to call you, they changed their minds..."
I guess the Realtor couldn't read her clients too well.
When I show a property that my client really likes and they tell me they want to write an offer, I don't tell the other agent until they have signed the paper. There's nothing that a threat of an offer can do to help a buyer get into contract on a home. It doesn't do anyone any good...
I realize that buyers change their minds all of the time, buying a home is a scary thing for people, the largest purchase many will make in their lives. That's why I believe that the "Big Promise" should be avoided at all costs.
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