I've tried a few agents....

This type of conversation is best to be had upfront and quickly so you understand what you are getting yourself into working with such a buyer.  Finding out motivation and the ability for a buyer to perform on what they say they want to do is an important part of the conversation and it sounds like you did just that. 

I feel like a broken record telling buyers about the current market conditions and then they still want to low ball their offer.  I have dropped a few of these buyers because I just get the feeling they are not committed to getting a home, they just want to see if they can get some deal that honestly does not exist, especially if they are working with a FHA or VA loan.

I am almost wondering if this is the same buyer I did the same thing to.  I had a buyer referred to me just bad mouthing another realtor. It was in the Chandler/Gilbert/Mesa Area. This realtor was a friend too.  I quickly told this buyer I was not a fit for them, and wished them the best.

By asking qualifying questions you saved both time and expenses. Way to go!

I guess he can add me to the list of agent's he's "tried".

Amy, he did not try you…he tried your patience.

See my post for my take on a similar experience that I had.

There's has got to be a point in his (il)logical way of thinking that would get him to realize the common denominator is HIM!  He's not getting it.  I'm sure he'll find an agent . . . a newbie that is just cutting their teeth.  We've all worked with those types before, when we were green behind the ears!!

Thats good to hear. That you let him move on! He will never get what he wants, waited on the fence to long. Mutiple offers are a given here in the Boise market as well. I dont like bidding wars either, but its a reality again.

Hello Amy,

Some buyers are having a difficult time coming to the realization that they waited too long, and the market is turning!

Sometimes buyers dot not realize that they think they tried us, in reality we let them go!

Hi Amy... many potential home buyers, and especially first time buyers, need to "loose" a few homes they are interested in, in order to come to grips with a real estate market that is starting to turn the other way... and then are the "eternal tire kickers" that are looking for "the deal" that no longer exists... or in some markets never existed to begin with...

Amy - Fortunately, you got to the point where he "fired" you and it only cost you a bit of time on the phone, rather than investing hours of time searching/showing property when he can't be satisfied.

Amy, I think your caller has a brother in VA.  I get those calls from time to time, and there is no convincing them that it's not going to happen as they imagine.  You were smart to interview him on the phone.  No sense in wasting precious time going nowhere.

Thanks for the post Amy! It seems like there are a lot of buyers with this "MO" out there right now.. In San Diego too! I tell them the same thing and.... next! A buyer is someone who BUYS and that's what we are looking for!

Amy - I can't imagine why you wouldn't want to take on a buyer who is so willing to understand your current market - LOL.

I wonder what his day job is and if he takes the same approach there.

Amy:

You are lucky he decided not to work with you.  He would have been impossible to please.  Just wait until he realizes that he has missed the boat and the market truly is bouncing back from the bottom and it is bouncing high.

I've spoken to many people like this.  I don't know where they get their information from.

Hi Amy, people like this never undersand the process. They think they can avoid what is going on in the market and still get what they want at a low price. Insanity!