Special offer

Do Buyers See Your Home As Closed For Business?

By
Real Estate Agent with Transaction Alliance 513.520.5305 www.LizTour.com SAL.2002007747

Do Buyers See Your Home As Closed For Business?
Closed
Some sellers operate under the premise that if the buyers are SERIOUS, they won't let ANYTHING stand in their way of seeing the seller's home, so it's okay to turn down showings and assume the buyers will come back later.  And there are probably conditions where that MIGHT be a true statement.

If you've got that PERFECT, UNIQUE home that no one else can match, unless the buyers REALLY are those out of town buyers who MUST buy today, the buyers will probably come back....because you DO have that perfect combination of curb appeal, home features, location, staging and pricing that just makes the buyers drool!

Oh wait, you DON'T have all those things?  You live in a typical subdivision and there are 20 other homes with similar style and features within 5 miles of your home? Well now you have reason to be concerned, because our experience is under those conditions, the buyers RARELY come back!  As your listing agent we can plead your case with the buyer's agent as to why you declined the showing, but we can't MAKE them try to schedule with you again.

And we fully recognize sellers can't accommodate EVERY request for a showing.  Sometimes people are down with illness (it IS flu season right now), or there's that Golden Anniversary party at your home, but it's critical to separate the inconvenient from the impossible.

In this market, you as the Seller must understand, EVERY showing has the potential to be THE ONE!  The Buyer won't buy what they can't see, and sometimes the buyers may be bordering on rude in your perception.  You
alarmmay get that call that "they're outside right now and want to see your home!"  You kick things under the bed and the back of the closet, scrambling to get the dog and two rugrats into the minivan and off to the park!

When we represent buyers we try to schedule all showings the day before, but we HAVE had instances where the buyer asks to see something that WASN'T on the list and we had to ask for the no notice showing, and THAT HOME was the one the buyers bought that day!  It may not be typical, but it CAN and DOES happen that way. 

We don't like to do the short notice showing, you don't like it that way, we don't like it when that is done to OUR sellers, but it is a reality of selling.  We know being THAT flexible is a real pain in the hindquarters, but you need to understand short notice showing requests are part of the process.

So our request is obvious, if you can accept a showing, DO IT if at all possible!  Give that buyer an opportunity to fall in love with your home, to put that hard work you and we have done marketing and preparing your home to good use!

Got further questions?  Please give The Liz Spear Team of RE/MAX Elite a call.  We'll be happy to discuss!  No hassle, no pressure, just here to help!  :)

Serving Warren County's Residential Real Estate Needs,
Liz and Bill aka BLiz

Posted by

Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of Transaction Alliance
Elizabeth Spear, ABR, Ohio License SAL.2002007747

William (Bill) Spear, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

 FacebookWordpressYouTube Pinterest

 

 

 

 

OUR PRIMARY SERVICE AREA:


Comments(46)

Robin Dampier REALTOR®
Coldwell Banker King - Hendersonville, NC
Hendersonville & Western NC Real Estate Source

A great post and oh, sooooo true.  At all times the seller you describe is unreasonable and in our current market with so much inventory and so few buyers it becomes impossble to comprehend and these sellers are their own worst enemy.  Unless, the listing agent hasn't done their job of explaining how important it is to make their property accessible for showings and that at times there will be last minute requests.

Sue of Robin and Sue

Jan 04, 2011 10:41 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Tish, Thanks for the Ssssss :)  And not being able to show a home, particularly when it's the ONLY home the buyers want to see??  Particularly frustrating.

Joni, Much appreciated :)

Paul, Thanks!  And it's looking like a great week already....showed two houses Sunday, met with a seller Monday night and expect a price redux as a result, and today set a prelist appointment for Saturday! :)

Sue, Sometimes, I think people are just used to having life "easy".  Unfortunately, this isn't the time or place that a seller gets catered to by the buyers.  We can as listing agents give them great service, but they have to also step up to the plate and suffer some inconveniences to get to the end goal of selling their home.  It's not pretty, but it's reality until the scales tip away from the buyer and to the seller, and I don't expect that around here for a LONNNNNGGG time!

Jan 04, 2011 10:49 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Absolutely right.  When a buyer sees any kind of resistance from the seller they are turned off and feel that this is the way any transaction is going to go. 

Jan 04, 2011 12:03 PM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

It always amazes me how many sellers are simply not ready to put their homes on the market.  "Closed for business" is a great analogy.  By the way, congrats on the 200,000 point milestone you're sure to hit tomorrow or the next day.

Jan 04, 2011 01:01 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Excellent posssst.  I esp like the line "In this market, you as the Seller must understand, EVERY showing has the potential to be THE ONE!"  So, true, esp in this market.  And, right now there are so many options for buyers...they don't need to come back to see your home.

Jan 04, 2011 01:54 PM
Dawn A Fabiszak
Private Label Realty ( Denver metro area, Colorado - Aurora, CO
The Dawn of a New Real Estate Experience!

Bliz ~ what a great post.  Sometimes often sellers just don't understand that they need to make their home as available as possible.

Jan 04, 2011 02:01 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Jane, It takes so little to deflect a buyer from a home when there are SO many to choose from.  Most of our neighborhoods have about 6 months or more of inventory.  Drive a little further and the choices climb accordingly.

Margaret, Thanks!  We'll hit the 200k this week, and we've got 3500 points from two challenges that haven't credited yet :)  It's been a fun time getting here! 

And really, we know it's a hassle for the sellers, but much of this won't change and is an unfortunate and inconvenient part of selling.

Debbie, That is the bad part, they DON'T need to come back unless our seller has a really compelling property to bring them back...and those are fairly rare.

Dawn, It can be tough, we really do sympathize, but it's something they HAVE to do or may add months to the process.

Jan 04, 2011 02:42 PM
Charita Cadenhead
eXp Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

"but it's critical to separate the inconvenient from the impossible."  BLiz I think that says it all.

Jan 05, 2011 01:09 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Charita, Thanks!  It's the essence of the need for the sellers.  Short of a home being vacant, there's very few sellers that can accommodate every request, but they've got to be very close to it to have the most opportunity to be successful.

Jan 05, 2011 01:15 AM
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

Like Sylvie, whenever I can get sellers to go look inside their competition I do it.  It really does help most of the time.  Wonderful post!

Jan 05, 2011 01:18 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Ann, It's quite the calibration effect.  We've been fortunate lately with most of our subdivision sellers, they're usually QUITE aware of the market activity around them, who has what features, etc., so we don't have to spend much time on pricing strategy.  Their timeline to be gone determines how aggressive we get with list price.

Jan 05, 2011 01:25 AM
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

Sellers...this is perfect advice from Bill and Liz. We showed houses all day yesterday. In the morning a busy entrepreneur...in the afternoon a couple who flew in from Florida that morning.

If you as a seller made your home difficult to see and asked us to come back later...guess what, we are not coming back. As the Spears say, your home is not unique and in most suburban areas there is a big selection. Get your home looking good, priced right and make it easy to show...if not I am taking my qualified buyers to another property...now...and we're not coming back.

Jan 05, 2011 02:44 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

This is a great post.  When I am working with buyers this happens all the time.  People are busy or want us to come back latter; ussually we do not come back at all.

Jan 05, 2011 03:49 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Steve, Great to hear the experience from outside our area is still the same.  Those that assume the buyer is coming back are going to lose that bet most times, for just the type of reasons you mention...too tight a time frame, too busy, and too many other choices.

Gene, We recognize little time shift are going to need to happen, maybe 4 pm rather than 3 pm, but the outright "No" answers are killers.

Jan 05, 2011 04:20 AM
Cinnamon Wright
Wilmington Real Estate 4U 910.547.1446 - Wrightsville Beach, NC
Assistant to Tish Lloyd

Gotta make it available if you want to sell it. 

Jan 05, 2011 06:31 AM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Cinnamon, I've heard of the rare occasions where people have more money than they know what to do with and they buy sight unseen, but it usually involves beachfront property!  Doesn't happen that way around here!

Jan 05, 2011 06:41 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

Wow, what a great post!!!!!  BLiz, I am going to also have to re-post it!!!!  :)

Jan 05, 2011 04:23 PM
Jon Quist
REALTY EXECUTIVES ARIZONA TERRITORY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

This is so true. I have had more than a few sellers tell me "That time is just not convenient, what about...xxx. My answer. Sure. My buyers are here from out of town. They'll be gone by the time it is convenient for you. So, no, we will not be looking at your house. In this market that's not a problem, is it?"

You'd be surprised how convenient the original time suggested becomes for them, really quickly!

Jan 05, 2011 04:32 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

I love that photo of the "Closed, Will Return Later" sign.  

Some Sellers just don't get it.   Your house needs to be available for showing.  Otherwise, those Buyers are Gone.

Jan 05, 2011 05:09 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Chris, Glad you liked it!  And thanks for the reblog!

Jon, Seeing that consistent theme through the comments, rejected buyers do NOT come back.  That opportunity for a sale is smoke with those prospects.  We've seen the same when the new time doesn't work, more often than not the seller will flex their schedule.

Fred, Microsoft Publisher clipart comes through again.  Just another case in life where there is often no 2nd chance.

Jan 05, 2011 10:03 PM