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I'm Guilty! I Refused To Show Springfield Mo Real Estate!

By
Real Estate Agent with RE/MAX Broker, RE/MAX 1999033519

Yes, I guilty.  I plead GUILTY!  I refused to show unqualified buyers houses in the Springfield Mo real estate market.  I see "DESPERATE" written all over their faces and in their voices. 

When I make an appointment with a doctor, lawyer or even an accountant, I know that I'm going to meet with a professional.  Am I prepared to pay?  You betcha!  So why would you expect me to drop everything I'm doing to open a home, when you are not qualifed to buy?   I'm a professional, too. 

I've been selling Springfield Mo homes for twenty years and never in my career have I been confronted by so many phone calls begging to be shown homes by unqualifed buyers.  My sellers request I show qualifed buyers only.  They too do not want someone going through their home, if they are unable to buy.

Here's how easy it is to buy a Springfield Mo home.Springfield Mo Real Estate Sold

  • First, call me.  I'll contact your lender or offer a list of lenders that I recommend.
  • Second, once you are qualified, we meet once more and eliminate the homes that you do not want to see.  By the way, I'll also offer Buyer's Agency to you, unless you want me to work for the seller.  If that is the case, don't tell me anything you don't want repeated to the seller.
  • Third, we now get in the car and preview the inside of the homes that are on your list.
  • Four, we go back to the office and write an offer on your favorite home, after checking to make sure the home is priced right.  Checking out prices, keeps us from writing a "LOW BALL" offer that doesn't get accepted.  Listen to me.  I'm your professional.  I do know the market.
  • Five, our offer is accepted.  Inspections are completed.  We close within 30 days and TAAA DAAAA.......you just bought your dream home.

Now, how simple is that?  It's called buying Springfield Mo real estate, the right way. Thank you Mr and Mrs Home Buyer for having confidence in my years of experience and allowing me to assist you.

The Rest of the Story!

 

Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

Time is hard to replace with people that can't buy homes because fo credit issues.

Feb 10, 2009 12:16 PM
Anonymous
Deanna Williams

So True! 

Feb 10, 2009 12:26 PM
#76
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Margaret, I took your advice and added the post to the Real Estate Rookies Group.  Thanks.

Deb, I could easily be one of those desperate realtors, but I'm too busy working good buyers.

Bob and Carolin - I'll be glad when these rough times slow down.

Vicki, hope you were able to overcome the snag and close the deal.

Roland, I love prequalified buyers.  They really want to buy a home.

George, It's taken a long time for me to stop wasting my time on the wrong buyer.

 

Feb 10, 2009 12:29 PM
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

 Reading the comments posted, I see I'm in the minority, but I believe that taking someone out once or twice (that is my limit) before they have a pre-approval is fine.  They want to see if you're a good fit and you want to establish a relationship so that they trust you with one of the biggest financial decisions of their lives.  Even if at the end of the day, they don't qualify, they've learned enough about you so that they like and trust you (hopefully) and will remain a good potential buyer and a source of referrals.  Just my two cents.

Feb 10, 2009 12:40 PM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Kay - rock on !  It is great to put that value on your time and not just run out to show any home to any buyer !

Feb 10, 2009 12:44 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Sheldon, thank you.  If we could help everyone, real estate would be easy.

Brenda, we've allowed these buyers to dominate too much of our time.  Let's help the buyers that really want a home.

Becky, hope your agent took your advice.  Our focus is sometimes blurred because of our need to succeed.

Ryan, I agree with you.  I try to ask as many questions prior to going to show the first home.  If I've lost a buyer, because I failed to ask the right questions, shame on me.

Jeffrey, glad to see you learned faster than me.

Christine, I don't want the buyer disappointed either.  I'd rather see a buyer surprised to know they are able to buy a home.

John, thank  you.  I like your way of doing business too.

Tom, I guess I've learned not to be a "wheeltor".

Sharon, I know all buyers aren't loyal.  That's what makes this business so hard.

Garreth, great idea.  Let's schedule unqualifed buyers open house extravaganza once a month.  Maybe we could convert some of them.

Feb 10, 2009 12:45 PM
Anonymous
Billy

Great Post!  So many people waste their precious time, money and energy on people that are not commited enough to do the thing they should do first, get a pre-approval...  If they are not commited to taking that step first then how truly commited are they going to be to you when you have spent three days showing them homes and on a Sunday they walk into John Doe's Open House?

Feb 10, 2009 12:54 PM
#81
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

JB, I depend on lenders to qualify buyers for me.  A few simple questions really makes our job easier.

Directors Realty, educate, educate, educate.  It sure doesn't hurt.

Jason, part of our employment agreement with sellers is to show qualifed buyers only.  We sometimes forget who hired us.

Green Parachute, , the public doesn't look at us as professionals.  Sure would be nice to raise the bar.

Laura, wonder how many more of us are guilty of this terrible act?

Richard, you're right.  We are professionals running a business like a business.

Randall, better to let a buyer down before they fall in love with a home, than after.

Jennifer, I had my reason to not show this particular buyer.  I'll explain in a later post.

Debra, I even made my children get prequalified before they looked at homes.  Gives the buyer confidence to know they are capable of buying when they find the right home.

Barb, sometime we forget we are the business.

Feb 10, 2009 01:02 PM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Buying a home without a pre-approval is like going to H&R Block(heads) and asking them to do your taxes WITHOUT bringing in your W-2's

Feb 10, 2009 01:19 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Hi Missy, I know you screen and qualify your buyers.  We don't have time to run all over to show buyers that don't know what they can do.

Elizabeth, stop by when you visit Springfield.  It is a beautiful city.

Sally and David, not only does it take time, it takes money.  Some realtors are leaving the business because of their work ethics.

Hal, the 1-2 step is a great idea.  I use that too, but sure is nice to get a refresher course.  Thanks for the reminder.

Gail, I bet we don't lose many clients....some are just more determined to buy on their terms.

Tony, thanks.

Matt, I have a lender that does that too.  I've had several buyers go thru the program and come back to buy.  Thanks for the post.

Neal, I'm working more listings than ever right now.  They take up most of my time too.  So when a buyer wants to look, I qualify too.

Kevin, sure nice when a buyer is honest and up front with us.

Feb 10, 2009 01:20 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Mary, thank you.  Once we learn to respect our time, maybe the public will.

Suzanne, we are their hobby.  LOL!

Christianna, great comment.  I'll try to remember that when I want to hurry and get off the phone and run and show they buyer.

Jim, thanks.  Hope all is well with you.  I'm sure you are staying busy.

Jeff, right now I have so many short sales, I don't have time to waste on unqualified buyers.

Teresa, I was a very hungry realtor 20 years ago and showed every Tom Dick and Harry.  I sure learned my lesson.

James, we do forget what we've learned and start acting like "pop tarts".

Lydia, Craigslist?  Now that's good.  And open houses are great places to weed out unqualified buyers.

Trish, thanks so much.

Kerry, you probably saved money in the long run.

Kent, you have a great business model.  Slow down and enjoy the conversation.  You learn so much more.

 

Feb 10, 2009 01:32 PM
Debbie Summers
Charles Rutenberg Realty - New Smyrna Beach, FL

Kay - I've also received a lot of calls from unqualified or won't qualify buyers...  Sometimes, you even get some attitude - I'm with you!  If I don't know, I can't show.

Feb 10, 2009 11:23 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Kay - excellent post about qualifying buyers before you drive them around to view homes. It is important the buyers know their buying power. Excellent post!

Feb 11, 2009 02:06 AM
Julie Nelson
eXp Realty - Austin, TX
Smart real estate.

We went over these basic scripts / this basic approach in our team meeting this morning.  The basics:  qualifying questions.  If you are not asking qualifying questions, you are not doing your job.  If you are not asking qualifying questions, you are at risk of wasting the prospective buyers time and your time.  If you are not asking qualifying questions, you are desperate.  If you are not asking qualifying questions, you have not been around the block enough.

Feb 11, 2009 02:18 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Kathy, I wonder what would happen to the real estate industry if all agents decided not to show property unless the buyer produced a prequalification letter.....a preapproval letter would be better.

Angela, it would be nice if real estate was easy.  It's a lot of work, but the public doesn't know that.

Jim, no you can't get in my car if you aren't qualified!  LOL!  I bet you are a professional too!  Would you show me property?

Gary, my assistant is out today show the qualified buyers.  I know we have to cull through the lemons to find the strawberries.

Joshua, there are many good realtors out there.  We just sometimes forget our training.

Vanessa, what type of example am I setting when I become a "pop tart".  I have to remind myself too.

Feb 11, 2009 10:46 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Geneie, I think the news makes the consumer think all sellers are desperate and overpriced.  With a little education, we could get better offers.

Jaime, amen.

Mike and Cindy, I know we've had problems in the past, but the unqualified buyer is learning the hard facts.....that having good credit will be the only way they will own a home, unless of course, they get owner financing or contract for deed.  Not a good idea.

Rebecca, the old saying:  Time is Money!  More important with the slowing market.

Troy, I think it is up to us to educate the public.  The unqualifed buyers need help getting back on their feet too.  We need to remember to give them good advice as well.

Lisa, so true.  Let's stay ethical and legal.

Sherrie and Abe, good advice for your buyers.

Diane, as I get older, time becomes more important!  LOL!

Shuki, I like your attitude.

Morgan, people can be rude when you are helping them.  New York is huge!  I'd have a problem running around there.

 

Feb 11, 2009 11:09 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Aaron, you're welcome.  I see you do a lot of foreclosures.  Great job.

Tami, it doesn't take long to learn, does it.  Glad you learned fast.

Kristi, if all buyers read and understood our reasoning, we would have a much easier job.

Bill, right now I'm working 12 - 15 hour days just taking care of the sellers and good buyers.

Breanne, that's a great idea.  Glad it's working so well.

Jan, if realtors team together , teaching the public would be a piece of cake.

Chris, we are entering a new age of real estate.  I see this year changing a lot of realtors.

Regina, thank you.  I'll check out your group.

C Tann, I don't mind helping people, especially when they are up front with me. 

Russ, I'm planning to spend my time this weekend on great buyers.

Deanne, thank you.

Lora, that's not a bad way for the buyer to get to know you.  At least you give them a choice.

Billy, great response.  You can just about qualify their loyalty in a short amount of time.

Carla, I've got to remember that phrase!  Great job!

Debbie, I guess we could give the unqualified buyers to the agents that want to waste their time. 

Sharon, we aren't doing our job if we don't educate the buyer.  Thanks for the response.

Julie, we teach this concept in our office.  I can almost memorize the script!

Feb 11, 2009 11:34 AM
Anonymous
Bryant C Charleston, GRI, ABR, e-PRO, John Hall & Associates

Kay,

I can't tell you how much I appreciated your post!! As a relatively new (2.5 years licensed) agent, and as one who focuses exclusively (currently) on buyers, it's important for me to have this concept re-inforced in my mind as a way of life. Buyers MUST be at least pre-qualfied BEFORE taking them to see property.

Thanks again!!

Mar 09, 2009 05:28 AM
#92
Bryant Charleston
Realty ONE Group, Inc. - Phoenix, AZ
Broker ,GRI, ABR, ePRO, CSSN

Kay,

I can't tell you how much I appreciated your post!! As a relatively new (2.5 years licensed) agent, and as one who focuses exclusively (currently) on buyers, it's important for me to have this concept re-inforced in my mind as a way of life. Buyers MUST be at least pre-qualfied BEFORE taking them to see property.

Thanks again!!

Mar 09, 2009 05:39 AM
Kelly Spinosa
Crossroads Realty - Sea Girt, NJ

It would be nice if all Realtors followed this same requirements. I refused to show someone a home because they would not show me a pre-qualification letter and I was accused of discrimination because I was the only realtor who had told them this.

But as I remember in good old Real Estate School, That Realtors are to only show homes to qualified buyers.

Did I do the wrong thing here???

Mar 11, 2009 10:41 AM