Buyer Policy - do you make your buyer's get preapproved before you take them out to see homes?
Just curious about what other agents policy is on taking clients out before they've been pre-approved. On one hand, taking them out gets them excited about the home-buying process, but on the other hand, with the price of gas these days, it can be a waste of the buyer's time and mine to show them homes they may or may not qualify for. I got burned a few times after I took some clients out who were ready to make an offer, and the next day when they tried to get approved, the lender informed me of their 400 credit score - yikes. Is it rude to tell your clients that you have a policy that they must be pre-approved before you take them out? If you do have this policy - how do you explain it to your customers so as not to offend them?
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