buyers agent: I Sold 14 Houses and Didn't Get Paid!!
- 10/14/13 05:38 AM
Why do some buyers and their agents part ways? Let me tell you a story. It's a long story, but I'll shorten it as much as possible... I was working with these buyers about a year and a half ago. We found a house they loved, wrote an offer, and as soon as all the terms were agreed to and we were ready to execute, the buyers decided to lease for another year. About 6 months go by, and they contacted me again. They changed the area they wanted to buy in and completely changed the condition of the home they … (69 comments)
buyers agent: An Agent's Lack of Experience Helped My Buyers Get a Great Deal!
- 08/27/10 01:28 AM
As a listing agent, it's not the best idea to show your cards and your semi-lack of experience. I submitted an offer a couple of weeks ago in the million dollar price range. My buyer decided they wanted to do an all cash offer. Great! What does it take to get an all cash offer excepted more readily than a financed deal in this market? Have all your ducks in a row. This means explain to the buyer that an all cash offer means NO contingencies! No contingencies on selling a house. No contingencies on receiving funds from some investment you … (6 comments)
buyers agent: Hey Listing Agents, Continue to NOT Return Calls to Consumers!!
- 08/13/10 09:40 AM
Hey Listing Agents, continue to not return calls to consumers!! As McDonald's says, "I'm lovin' it!!" First, it makes me feel great when I return a call and a consumer is so excited that I called them back so promptly. Second, by you not returning their calls, they're calling me instead and in return, you're helping to build my business!! I bend over backwards to give my new, existing, and potential clients great customer service!! I got off the phone a little bit ago with a very nice gentleman who was ecstatic that I returned his call in under 30 minutes … (18 comments)
buyers agent: I already have a buyers' agent, but I don't like to drag her out to view houses...
- 11/10/09 07:43 AM
"I already have a buyers' agent, but I don't like to drag her out to view houses." HUH? This is a message I received earlier today. This guy, as serious as could be, called to ask if I would show him a house that is over an hour away later this week, but "preferably this evening". What? Did I hear him correctly? I actually played the message five times to make sure I wasn't misunderstanding it. Why would I show a house where I wasn't the listing agent nor the buyers' agent? Just for kicks? I pulled it up in the … (32 comments)
buyers agent: Austin TX Real Estate - They Countered FULL Price - WHAT??
- 09/08/09 09:45 AM
I can't believe this is happened in the Austin TX Real Estate market! Granted, the Austin market is not hurting like some other markets are, but we don't tolerate over priced listings around here. My buyers submitted an offer over the weekend on a house that was greatly overpriced. I gave extensive detail and examples of how it's overpriced, and how there will be appraisal issues if the sales price is higher than our offer, which was higher than the average comps, and the sellers countered FULL PRICE! To put things into perspective, the asking price was $350k. The house comps … (89 comments)
buyers agent: Are you Tracking your Website Stats?
- 05/05/09 12:57 AM
I've heard from many people that their business is picking up and more people are getting off the fence. But, do you know by how much it's picked up over last month? To seem busy doesn't mean you're busier than you were. Maybe you were busy, but it could have been a different type of busy. Some clients need their hands help more than others. When you track your stats, you have concrete evidence that you're busy and that things are picking up in your market. And just because you get more leads doesn't mean your "busier" if your stats stay … (10 comments)
buyers agent: Can Being Asked Questions Turn You Off?
- 05/01/09 07:05 AM
I received a new buyer from my website a couple of days ago. I saw she was searching for listings within my site and emailed her asking if I could help in any way. She sends me an email that was very broad and just begged for further questions to be asked. Her email was, "I am looking for sandy loam property very close to the ABIA. Acreage of 12 or more. Doesn't have to have a house on it, but would be nice if it is 4 bedrooms or more." With the above, I turned around and asked questions like, "What is … (14 comments)
buyers agent: I'm Sorry, But I Won't Work with a RE/MAX Agent
- 03/22/09 09:17 AM
I got a call yesterday evening from a gentleman saying he was given my name and information as a referral from one of my past clients. Yeah! We all love referrals and strive to receive them. I spoke with this gentleman for about 10 minutes about what he was looking for and time frame and price range and everything of the sorts. Then, the word RE/MAX comes out of my mouth, because, yes, I'm a RE/MAX agent. "I'm Sorry, but I won't work with a RE/MAX agent." What does me being a RE/MAX agent prevent you from working with me? "Sam … (41 comments)
buyers agent: Bonus DoorKnob with Lockbox
- 02/09/09 02:36 AM
Have you ever picked up your lockbox and it had a bonus doorknob attached to it? I had a closing where I tried to go get the lockbox right after funding, but I was also giving the buyers' agent enough time to obtain the key from the lockbox. She confirmed she removed the key, and I told her I would be by the house that afternoon for the lockbox and sign. I get there, and there is no sign, and no lockbox... This listing was not a hop, skip, and a jump away. It was a good 20-25 minute drive with … (16 comments)
buyers agent: Do You Give Usable Feedback or Meaningless Feedback?
- 01/12/09 06:49 AM
In my market, we have a showing service who sets up all our appointments, Centralized Showing Service. It's great. 1 call can set 10 appointments for the day, or you can even login to their website and schedule it from there. Very easy. Within this system, they also send out an automatic email to showing agents from the listing agent asking for feedback on the showing. You can have your system set to send out an email however many times you want. I usually do 3. If they don't answer by then, they're not going to answer. When I show properties, I … (60 comments)
buyers agent: Do Buyers' Agents Actually Explain Negotiations to Their Buyers?
- 11/17/08 01:50 PM
I sometimes wonder is Buyers' agent actually explain things to their buyers in terms that they'll understand. If they do, why do so many things happen that don't make sense. My latest example is this: I have a listing under contract. The buyer did their inspections and presented an amendment to the contract. My sellers countered back. The counter included agreeing to one repair, giving the buyer a $500 repair escrow, and leaving the $1200 fridge that is barely 2 years old. When I presented the fridge, I reminded the agent to let the buyers know that if they feel they … (50 comments)
This blog is to help educate Buyers, Sellers and even other Realtors across the country. Each market is different and the way Real Estate is done is different. Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between. Some times there will be other things besides real estate as I like to rant and rave as much as the next!! Come back often!
Why do some buyers and their agents part ways? Let me tell you a story. It's a long story, but I'll shorten it as much as possible...
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