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Feedback from home buyers and selling agents: is it useful?

By
Real Estate Broker/Owner with Robin Rogers, Silverbridge Realty, San Antonio, Texas 398351

Puzzled manA couple of years ago, I created a feedback survey to try to get more information from buyers' agents after they have shown one of the homes I have listed for sale in the San Antonio area. I wanted to get more out of the agents than the usual "showed well, but buyers still looking." 

Many agents still don't send feedback or complete the survey (they click the link and send it back blank, which seems strange). But most of the time, I now receive more detailed feedback than when I used the standard request form supplied by the showing service.

Sellers want to know if there is anything they can do to make their property more appealing to buyers. Sometimes the feedback isn't all that useful. Here are a few examples of responses to my survey:

3.

If your client is not interested, what are the reasons?

 

Not sure

And this one:

4.

What would need to change for your client to be interested in this home?

 

remove door to bathroom

And then this one, which is a bit hard for the seller to remedy:

3.

If your client is not interested, what are the reasons?

 

They thought that the neighborhood was a little bit far in from where they need it to be.

It makes me wonder if it's even worth asking for feedback. If you are a good listing agent, you will have already told your seller what they can do to improve the chances of selling quickly. The feedback just helps build your case, if need be. 

I've never received any feedback that came as a complete surprise to me or the seller. And even if the seller corrects the issue, the buyers have moved on, and they probably won't come back.

What do you think? Is it time to retire feedback? Or do you find it helpful? After all, the best feedback is an offer to purchase.

Posted by

 

Robin Rogers, REALTOR, Broker-owner, TRC, MRP, CRS

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Comments (5)

Robert Rauf
CMG Home Loans - Toms River, NJ

I think feed back is important when you know there is something that needs to be done, and it comes from a third party to reenforce your idea.  We will always see "stupid feed back"  I guess that is the price we will pay for a few good ones.  Shame on the agent that was showing some one something that was too far from where the buyer needed to be... Some one didnt do their home work when setting up showings!!

Jun 17, 2010 03:28 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

These days feedback is hard to get - unless it's an agent tour.  How about setting up and agent tour sponsored by lender and title company, rent a luxury bus (title co pays) and get a bunch of agents to list their homes on tour.  That's about the only time our agents get really 'meaninful' feedback.

Jun 17, 2010 12:28 PM
Carl Winters
Canyon Lake, TX

Robin: You can always ask; if they participate and it is good feed back then you'll be glad you asked. If they don't participate, well there is nothing further to discuss. Some will and some won't. (Ceil)

Jun 17, 2010 01:22 PM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

I just feel that a buyer's agent (in a state like MD where agents have a fiduciary relationship with the buyer) has no business providing feedback to the seller or seller's agent.  Instinctively, I feel like it's disloyal.  If I respond to a survey, therefore, or do provide any feedback, it's going to say nothing of use to the seller.  I know others feel different about it, but that's my opinion.

Jun 17, 2010 03:25 PM
Anonymous
Sam

It is useful if it is transparent. 

Our office has been using MyListingFeedback.com and we will never go back to the old way!

Jun 18, 2010 02:34 PM
#5