Special offer

You've Got to be Kidding Me!?

By
Real Estate Agent with eXp Realty

I love the real estate business!  In fact, one of the most gratifying aspects of this business are the people I meet within the industry (i.e. clients, other agents, etc). I guess I must be a people person and look forward to the challenges of learning about people and why they do what they do (or don't do) and say what they say (or don't say).

The business of real estate is largely a people business and having good relationships and communicating effectively with my fellow agents is very important to me (and should be to my customers as well).  The other day, I received an offer on one of my listings.

Here is the story: Received a call from my office receptionist that I had just received a fax. It was an offer.  The offer had a fax cover letter that just said my name (To) and the first name of the other agent (From) along with a phone number.  The offer itself only had 3 pages.  Apparently, the other 7 pages were cut-off in the fax transmission.  When I picked up the fax, I immediately called the phone number listed on the fax.  Fortunately, a receptionist from another brokerage company answered the phone.  I asked to speak with (blank) and she said their were 2 agents that had the same name.  I had no idea which one I needed to speak with so I asked the receptionist to connect me with one agent and give me the phone number of the other agent.  I thought to myself, how embarrased I would feel if another agent called me and said "did you submit an offer on so and so". Well, I ended up leaving voice mail messages for both agents and received a return call ( almost 2 days later) from the agent that made the offer.  The agent said that his buyers were having second thoughts about making the offer and wanted to withdraw the original offer.

The end result was not the greatest but people do have a right to withdraw unexecuted offer.  Here's my problem: I never received a courtesy call saying an offer was/is being faxed. If my office never received the fax (faxes don't always work) and the deadline for acceptance of the offer came and went, who would have been at fault? The fax cover letter only listed first names, no page count was listed and I was lucky that their office was open.  Since the fax was cut-off, I had very little information to pass on to my clients.  Nontheless, I did pass on what I could and informed my clients that this was not an executable offer (i.e. missing pages 4-10 of the contract and no signatures).

Needless to say, I was sorry for my clients that an offer was received and nothing was put together.  These situations give the general public the right to say whatever they want about the lack of professionalism in our industry. Lack of professionalism can be interpreted as lazy, lacking knowledge and not worthy of the commission dollars.

As agents, we need to be above the pale and communicate with our clients and our peers. All of these experiences just make me better and more conscious of my habits and business practices.  Here's to the agents that take a little extra time, a little extra effort and never forget who we they are working for.

Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer
Ugh!  This is the worst.  I like to call list agents and give em a little low down about how well qualified my clients are and how they love the home - but do have another one in mind just in case the sellers don't want to budge, etc etc etc.  Gotta develop that relationship and set the tone! JMHO
Dec 19, 2006 02:31 PM
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH
Doug - I am not a huge fan of the call telling me that a fax is coming (then it never comes) or that the fax has been sent (then the other agent tries to sell me), but faxing and then an email is nice.  It tells me to look at the fax for the offer.  I would not mind the call without the sales job, but that is rare.  Just shoot me a fax and an email.  If I have questions or don't get the fax I can then make verbal contact.  I guess that is just me.
Dec 19, 2006 02:32 PM
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH

Hey Renee, that was not directed at you.  We were typing at the same time.  We just have different approaches is all.

Dec 19, 2006 02:39 PM
Michael S. Mackey
CENTURY 21 All Islands - Mililani, HI
REALTOR ABR, CRS, GRI, RSPS
I like to give the selling agent a heads up, and appreciate one when I'm the seller's agent, for the very reason as this situation. I want to confirm that the offer has been recieved and is complete. An email is good, so is leaving a voice message. I've had an agent in my office leave an offer in my mailbox, and never call or email. A call or email would have taken how long?
Dec 19, 2006 03:32 PM
Chris Tesch
RE/MAX Bryan-College Station - College Station, TX
College Station, Texas Real Estate
I always call just to make sure that the listing agent isn't working on another offer currently and to see if there is any pertinent information that will make my offer more palatable to the sellers.  Often if my buyers aren't in a huge rush to get in I'll see if the sellers have a date in mind for closing.  Sometimes this saves my buyers allot of money as the closing date is so conveniant and it's easier to accept a lower offer.
Dec 19, 2006 06:21 PM
Marisa Ladd
Austin Texas Homes, LLC - Austin, TX
Austin, TX Real Estate
I think a phone call is important for a couple of reasons...  First, fax technology is not without it's flaws.  How many times have you received a fax that was missing several pages or sent one that you were sure went through only to find out later your recipient never received it?  Email is great for most people but I know that there is a large percentage of agents in my market area who still haven't grasped the importance of email as a communication tool and do not check it regularly enough to not miss an offer deadline.  Also, as Chris said, how would you know there isn't already another offer in the works?  Or maybe the listing agent is working from their home office and would rather you send it there.  Doesn't hurt to ask this question to get off on the right foot with the other agent.  Just seems like to me that the offer is the first in a series of communications between two parties and it doesn't hurt to keep the lines of communication WIDE open.  
Dec 20, 2006 03:42 AM
Virginia Halter
RE/MAX Signature Properties - Harrisburg, NC
ABR, CDPE, CRS, GREEN, SFR, SRES

It is called common courtesy.  We owe it to one another in every aspect of our lives.  As said before, fax machines do muck up and so do email systems (spam box).  A courtesy call is so nice, just a heads up and a "by the way, anything else you may need please contact me here..."  and the "I look forward to working with you." 

Sorry the offer didn;t work out for your people but, hopefully, the next offer will be from a responsible and responsive agent. Chin up! 

Dec 20, 2006 04:38 AM