I wonder - Are You Checking on Your Vacant listings?
I think you should.
As a Listing Agent, we have some responsibility to our clients to protect their interests as their fiduciary, and that could mean making sure their vacant home remains in the condition it was when we took the listing.
OK, here's that disclaimer thing that I am not an attorney (you know that), so there could be legal implications or matters I'm not thinking about.
But as part of my role as LA I take the time each week at a minimum to check on my vacant listings (I have 3 at the moment with out-of-area sellers).
Whether it falls under the Agency definition for our particular state, I believe, at a minimum, it's an important service offering, and perhaps a competitive advantage.
And I tell sellers up front I will do this.
I suspect not everyone does. Do you??
Certainly many who have REO and short sale listings do not. I can tell, because I've called to report issues (broken doors, missing windows, broken glass, leaking toilets) they clearly would have known about had they stopped to check. Yeah, I know, they have a ton of listings and can't get to it. Or don't care. Whatever.
Checking on your vacant listings, especially when the weather is bad, and you are having few showings (who might report in, but might not) makes a lot of sense.
How about frozen pipes?
Roof leaks?
Flooding?
I visited one vacant home early in the spring during a period of very heavy rain and learned the roof was leaking. The seller has to replace it. But what if I had not been there for several weeks?
I was out today in the pouring rain again today because of the potential for problems. Thankfully there were none.
The other reason is to check on...shudder shudder...agents who show the home and leave doors and windows open and/or unlocked, flush the toilet that won't stop running, turn on the AC and forget to turn it off, and so on.
Or worse - a vacant home where folks have decided to move in, or where the home has been vandalized.
Don't you think your clients would want to know if there were problems? Especially if they could become insurance issues that can be avoided?
And how about if there IS an issue that the seller feels you should have known about and reported, but you didn't becuase you weren't checking. Another legal question, I suppose, but it makes you think. I see the potential for a seller claiming - "my agent should have know and told me, and didn't."
So I end here with my initial question - Are You Checking on Your Vacant listings?
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