I represent the buyer on a potential deal that seemed like a slam dunk, It was the proverbial "golden goose", "gift horse", whatever you want to call it, this was it. A cash deal, near full price, in this market, accompanied by a strong deposit, a proof of funds letter and now I hear from the seller's agent that the sellers want to see if their friends want to buy the property first and that the husband half of the "friends" isn't around for another week or so to see the home. We have "time is of the essence" and that day is Wednesday for a decision. I have no idea why someone would take a chance on blowing a sure-fire deal on a what-if scenario. A dual agency within the office, disclosed from the beginning - but not my listing, the integrity of the potential deal was maintained. I am at a complete loss.

 
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3 Comments on The Seller That (May Have) Killed The Golden Goose

SEP
20
2010
112,756 Points 1 Featured Post Called Shot Master

Idiot...the homeowner that it..
11:08am • #1
703,955 Points 10 Featured Posts Outside Blog Called Shot Master

Anyone who turns down a cash deal with proof of funds is getting bad advise from somewhere. The advise might be coming from a friend or relative that has their own agenda. Something seems to be wrong with this situation. Are your buyers set on this property? Maybe you should start getting them ready to look again.
11:11am • #2
652,818 Points 9 Featured Posts Outside Blog Called Shot Master

That does seem real strange and very frustrating for you.  Hopefully it works out.
11:13am • #3

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Bergen County Realtor, Jason Feinman, ABR, e-PRO

Bergen County Realtor - Jason Feinman

River Vale, NJ

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Friedberg Properties & Associates

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