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MR. SELLER's AGENT AND MR. LEASE AGENT....I don't believe you.

By
Real Estate Agent with Austin Texas Homes

Called on behalf of my client to get permission to view a lease property. My client really liked it. Of the three we had viewed this one was first on the list. I called the agent to ask a couple of questions and to tell him my client was interested. He said “well go ahead an send an application, I have another application I am going to review.” I told him that if he had a good application we would not be interested in moving forward that we would just go to the next favorite property. He insisted that I should send him the application that the other one may not work out.

 

I have had this happen too many times with sellers agents and lease companies. It is time that I let you know on behalf of all buyers agents…WE DO NOT BELIEVE YOU! If you have a good application or contract move forward with it do not use that as an excuse in an attempt to get me to rush my client along. Then of course in your mind it seems to work as a great excuse if you don’t want to accept the application you can just say the magical application you claim to have is better.

 

Just know that I know what you are trying to do and we are moving on. 

Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Alan, 

I completely appreciate where you are with this.  However, it's been an insane year and many of our lease properties have ended up going to a second or third applicant.  Reasons include bad credit, changed their minds, their under contract home went back on the market, etc.  Our average lease price is $4,000, so there is not much on the market and more demand than listings.

So, in our crazy market with incredibly limited inventory, I do encourage second applications.  If we have a problem with the first one, we are ready to go.  

All the best, Michelle

Sep 26, 2012 04:14 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Michelle:

 

Thanks for your comments. I completely understand that and I am sure you have no problem telling the other agents. In this case and a few others I have had it is clear that the agent is just trying to rush the application process and cover in the event they want to declie. He kept telling me he has had the application from the other person a couple of days and has not had time to look at it but would review both of them together. When I tole him we were moving on all of the sudden he had recall on the other application and thought it might not work so go ahead and send mine. Not the kind of relationship I want for my clients to endure for a year. 

Sep 26, 2012 04:20 AM
Shanna Day Team Leader AZ & UT - Call 480-415-7616
Keller Williams Realty EV (AZ) & Keller Williams SLC (UT) - Mesa, AZ
Top 0.33 of 1% of 79,000 AZ Realtors

Hum... I think that is interesting.  The experience I just had was I wanted to show a lease property that had just been reduced in price significantly.  I called the property manager and he said that he had just received another application.  I said, "Well, my clients are interested at the original price."  He replied that it is his policy to process the first application in and if it works out then they would go with that.   Now is that doing fiduciary to the landlord if my client was willing to pay more per month?   Who knows any more.   Good luck with yours.   Shanna

Sep 26, 2012 06:37 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Shanna:

Thanks for your comments. Best of luck to you as well with your situation. 

Sep 26, 2012 07:11 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Alan,  Good going!  Well Said!

Sep 26, 2012 11:25 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Ricki:

Thanks for your comment. Hope you are all well. Blessings on your week. 

Sep 26, 2012 12:26 PM