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What you say may cost you when buying a home

By
Real Estate Agent with eXp Realty LLC 200311024

Photo courtesy of scol22When I'm working as a buyer's agent, and I take a buyer out to look at homes, I always tell them never to talk about the house too much while we are in the house. Just look around, leave, and then we will talk about it in the car.

The reason I do this is sometimes the sellers are home, and in one case a few years ago, the seller was video taping the house. In my experience, a buyer that says too much is costing themselves thousands of dollars.

No matter what you say, good or bad, it can affect how the seller will react to an offer from you. If you compliment the house too much and act like there is no other house in the world that is this perfect for you, the seller will never consider a lower offer or possibly do any repairs for you if they any come on the inspection. WHY? Because they know you won't walk away, it is the house for you! I try to personally present my offers for buyers to sellers. I tell the seller that they like they home, but I never say that the home is the only one. I mention we saw others, some better priced, but this had a couple features they liked better. This gets the sellers to realize they may walk if they don't get their price.

But, what if you insult a seller? What if they only went next door and as you are walking out of the house, they hear you say... "That house was perfect for us, but how ugly was that couch and the color in that living room, that has to go!" Well, you have just insulted the seller, just as much as had you put in an offer for $100,000 less than asking price. When people are put on the defensive, I've found that they are less willing to negotiate.

I hope this helps you in understanding why it is so important when looking at houses to be smart about what you say, or don't say, when looking for your perfect home. If you are interested in finding a home in Washington County, Oregon, please give me a call, I would love to help you find that perfect home at the perfect price for you!

 

Comments(6)

Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Todd:  It really is important that both buyer and seller realize that just about every move they make that the other is aware of... actually becomes a part of the negotiating contest that goes on between buyer and seller during the offer/counter offer process.  Great post... thanks for sharing...

Jul 19, 2008 05:53 PM
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Todd, Great post!  I also try to caution buyers not to say too much inside of a house.  We have just recently found that someone "left" a video recorder on, rather several video recorders on in a house during a showing.  I guess that is the homeowners right, but you just never know!  This is why I also ask that sellers, that I have listed not be present during showings.

Jul 19, 2008 06:04 PM
Fran Gaspari
Patriot Land Transfer, Inc. - Limerick, PA
"The Title Man" - Title Insurance - PA & NJ

TC,

Great practical advice!!! Thanks,   Fran

Jul 20, 2008 01:22 AM
Chip Jefferson
Gibbs Realty and Auction Company - Columbia, SC

Know when to hold them and to fold them is a great way to teach buyers to wait. In cards you never let on and RE should be their same.

Jul 20, 2008 01:23 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Great advice. I do the same. I advice my clients ( sellers and buyers ) not to talk too much during showings.

Jul 20, 2008 01:33 AM
Linda Scanlan
A Fan of AR - Burleson, TX

Todd, one agent I worked with opened the little storage area under a staircase once and found the homeowner hiding in there to hear what was being said during a showing! 

Jul 20, 2008 05:43 AM