I just want to see the house!

By
Real Estate Agent with Keller Williams Realty - Cenla Partners Louisiana 0000073964

Have you ever called a REALTOR and asked to see a house only to be told you need to get pre-approved with a lender first?  Did it make you angry, or did it make you wonder why?  Were you told you needed to come into the office before seeing the house?  Here are a few things for you to think about.

  1. REALTOR safety.  You probably called a stranger.  There are enough attacks on REALTORS to make those of us who value our lives suspicious of meeting strangers at a property.  Would you want a loved one to meet a stranger alone?
  2. Sellers don't like their houses to be shown to people who do not have the evidence on hand to prove they are eligible to buy if they like it.  Would you?
  3. REALTORS are paid on commission rather than salary.  They don't want to drop income-producing activities to show a house to someone who is neither qualified to buy nor loyal to any one agent.  I don't want to burn my gasoline or my time only to be told thanks for coming out and showing the house, but this is not the one.
  4. Sellers are contractually represented, so why don't you want to be represented as well?  Don't you want an agent working in your best interests?  REALTORS are paid from the already negotiated commission agreed to by the sellers when the property is listed 99% of the time.  You don't have to come up with out-of-pocket expenses.
  5. If you call every agent who lists every property you want to see, there is no loyalty to you other than that of agent to customer.  If you have a buyer's agent, that person has a fiduciary responsibility to you by law.  They cannot tell anything about you to another agent, especially if it would potentially harm your negotiating position.  That person gets to know you and actually helps you shop for what you want or need, even to the extent that they may call you when that perfect property first comes on market.  That definitely gives you an edge over other buyers.  

There are many other things to consider when buying a house.  It is not the same as buying a vehicle.  There are steps through the process.  Select a single buyer's agent, sign a buyer representation agreement if asked, and STOP calling strangers.

close

Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Joe Jackson 07/04/2015 11:25 PM
  2. Michael Dagner 07/07/2015 02:53 PM
Topic:
Home Buying
Location:
Louisiana
Tags:
buying a house
alexandria la buyer agent
alexandria la real estate agent

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Rainmaker
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Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Terrific post.  Just because someone gets the urge to see a property asap does not mean the world stops for them.

Jul 04, 2015 10:35 PM #1
Rainmaker
610,468
Michael Dagner
Brokers Guild Classic - Denver, CO
Your Denver Homes Realty Expert

Hi Margaret, good information for buyers that will help them help themselves.

Jul 07, 2015 10:22 AM #2
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Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Good job on this post - you hit all the points in a very effective manner!

Jul 07, 2015 07:25 PM #3
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Rainmaker
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Margaret Hickman

REALTOR, GRI, ABR, SRS
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