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I've worked with hundreds of buyers over the years, but in the last 6 months, I've had dozens of buyers approach me because their agent "can't find them a house".  I'm a total advocate of being mutually loyal with your agent, so here's how you can tell if they are doing everything possible for you, and it's the current market reality which has prevented a successful closing so far.

1. Does your agent consistently return phone calls, research listings, provide information quickly, and arrange for showings within a reasonable timeframe?

2. Does your agent consistently respond to your needs, gather info and set appointments faster than your doctor, lawyer, insurance agent, accountant, caterer, mechanic, and other professionals you work with?

3. Does your agent do everything in their power to find out important information about the listings you'd like to see? Please realize that many foreclosure and short sale listing agents simply do not return phone calls or provide pertinent answers-- this is out of your agent's control.

4. Does your agent provide timely technology and search tools for you to use?

5.  Does your agent write offers quickly, submit them quickly, and follow up with you regarding the results? On short sales, are they doing this week after week for months? This scenario is a great example of market conditions which can make closing escrow a long drawn-out procedure.

6. Does your agent think outside the box, and network with other agents to find you a home, or check on homes which are likely to fall out of escrow?

7. This one's about you-- do you have realistic expectations? Are you willing to offer more than list price if necessary? Are you insisting on asking for closing costs when you're up against cash and conventional offers? Are you looking in a neighborhood you can really afford, especially if there are multiple offers? Are you being fleixble if need be?

If your agent is doing all of this, stick with them! Those of us who are full time agents are working triple time these days, and we really want to see you get the home you want. Like most professionals, good agents are doing even more behind the scenes than you will ever know about. So keep the faith, because together, you will find the home you want!

Barb Fischer

La Mesa, CA San Diego, CA

619.339.1396

 

2 Comments on Haven't closed escrow yet? Is it your agent, or is it the market? 7 ways to tell

FEB
14
2010
360,208 Points 11 Featured Posts Localism Sponsor Hit Router Called Shot Master

Well said, Barb.  To number 7 add:  If you have not found a home you love, and have seen over 10 properties, are you willing to either go up in price or reduce your expectations?

I'm finding that a lot of buyers expect to get a nearly-new home with all the bells and whistles in the most prestigious of towns for cheap, cheap, cheap.  Time to realign expectations.

Great post! 

6:36pm • #1
172,010 Points 4 Featured Posts Outside Blog Attended Rain Camp

Well said to you, too, Kathryn. Many people think it's a buyer's market and won't let go of that. I ask: do you want a deal or do you want a house?

 

7:24pm • #2

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Barb Fischer

La Mesa, CA

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RD Brown Real Estate

Address: 2132 Boulders Rd , San Diego, CA, 91901

Office Phone: (619) 461-2244

Cell Phone: (619) 339-1396

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