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Oops, It Looks Like the Buyer's Agent Made Another Mistake

Reblogger Ron Cooks
Real Estate Agent with The Real Estate Marketplace TX# 584631

There is a lesson to be learned - If I lack the experience, don't hesitate to hire an experienced agent for their time.  A small consultation fee can save you a lot of money and embarrassment. Tammie lays out how inexperience or laziness can cost you. 

Original content by Tammie White, Broker

Oops, It Looks Like the Buyer's Agent Made Another Mistake

A couple of weeks ago, I wrote a post entitled, Is Your Buyer's Agent Qualified to Represent You?. This is an addendum to that post.

On Saturday, while out showing properties, I got a text from the above referenced agent. It read:

refrigeratorBuyer's Agent: They took the refrigerator!

Me: That's right, it wasn't in the contract.

Buyer's Agent: All appliances were suppose to stay unless otherwise stated, and they didn't specify that it wouldn't stay. So what do we do about it?

Me: No, the listing did not say all appliances stay.

Buyer's Agent: It didn't say that the refrigerator didn't stay and normally when a refrigerator doesn't stay, it specifically says that and nothing said anything about the refrigerator not staying.

Me: The MLS listing did not have the refrigerator listed as staying.

Appliances are considered personal property. Personal property does not stay unless it is permanently affixed in someway to the home.

Appliances that commonly convey with a home in Tennessee are the stove, dishwasher and microwave. The refrigerator, washer and dryer do not stay, unless, specifically mentioned in the MLS listing.

 

Oops, it looks like the buyer's agent made another mistakeThe listing stated that the stove and dishwasher were staying. The refrigerator, however, was not listed. Oops, it looks like the buyer's agent made another mistake.

 Normally, this would have been caught during the final walk-through. Unfortunately, the buyer never had a final walk-through. Why? Because his agent waived it.

This buyer had requested a quick closing in his offer because his interest rate was set to expire on 1/31/2012. That meant the seller only had 13 days to move. The seller was unable to move in that time frame. The buyer granted the seller an additional 10 days in their offer in order for the seller to move.

The day before the closing, I contacted the buyer's agent to schedule the final walk-through. She stated her client wouldn't be doing a final walk-through since he wasn't moving in for 10 days. Essentially, he waived his right to a final walk-through.

Had they performed the final walk-through, the buyer would have caught that the refrigerator was not staying. Oops, it looks like the buyer's agent made another mistake.

I'm not sure what happened in this particular case. However, if I were the buyer, I would have insisted the buyer's agent buy me a new refrigerator. Why? Because she had not looked at the MLS listing properly and had told the buyer it was staying. It was her mistake and, therefore, she should have made good on it.

Buyers, make sure you have an agent who knows how to submit an offer properly and read a MLS listing so this doesn't happen to you. Otherwise, you might find yourself saying:

Oops, it looks like the buyer's agent made another mistake.

P.S. If you are looking for a buyer's agent who actually knows what they're doing, give Tammie White a call today at (615) 495-0752.

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Tammie White, Realtor® in Franklin TN
Cell Phone: (615)495-0752

This posting and the contents written here are the intellectual property and opinions of Tammie White of Benchmark Realty LLC. Providing real estate services to clients in Franklin, Brentwood, Nolensville, Thompsons Station, Spring Hill, Fairview, Leipers Fork, Nashville and the whole Middle TN area.

 

 

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Charita Cadenhead
eXp Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

I'm still trying to figure out why the buyer's agent felt the following was significant and should have made a difference:  She stated her client wouldn't be doing a final walk-through since he wasn't moving in for 10 days.


Feb 14, 2012 11:29 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Ron, thanks for the re-blog. I think it's the second in a week. Appreciate getting the word out.

Feb 15, 2012 05:55 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Good reblog, Ron! Down here our contract gives you check boxes and says right above those boxes IF ITEM BELOW IS LEFT BLANK, IT IS NOT INCLUDED......so beside what may or may not get put into the MLS, the Florida As Is Residential Contract spells it out.

So often the MLS has information that is incorrect because agents let an assistant put the information in and they don't do it correctly.......I see that all the time and let agents know when there are inaccuracies......some even correct them..........

Feb 16, 2012 12:37 AM
Wayne Goss
Keller Williams - Punta Gorda, FL
THE MYSTERY MAN

Ron,

     I have seen it go as far as recording the serial numbers on the appliances. I have also seen ti where the Realtor had to pay for a stove. Check...check  and double check, you can never be to sure...Wayne

Feb 16, 2012 04:50 AM