Yes, the property is VACANT but you CANNOT show it!!
Let's take a moment and read that again. I had called on a listing over the weekend to see if I can show this one particular property to a client. As I scrolled down the computer to read the remarks section for showing instructions, I noticed that it showed as VACANT. Great! I thought this would be an easy showing. As I read further, it states that it will be DRIVE BY ONLY. Come again?! This makes no sense. The property is a Shortsale, it is ACTIVE, it is VACANT, it is even FHA-ok'd (shown in the remarks section)and the listing agent stated that it is DRIVE BY ONLY. How can he sell it this way?
I attempt to call the L/A several times but no response. I even left a message to see if that would help but to no avail. I can understand if it was Owner or Tenant Occupied as sometimes the occupants do not want to be disturbed. But in this case, it is neither of those options. On top of that, there was ONLY 1 picture of the exterior of the house. It's going to be pretty difficult to decide what offer to write if it cannot be seen. The least that the L/A could have done would be to post several pictures of the interior.
I find this rather absurd. A VACANT property that cannot be shown.
An advice to sellers of shortsale homes, if your house is VACANT, it would be advisable to insist that your L/A put a lockbox or supra for ease in showing. This will help you get a buyer quicker as many buyers are not accustomed to submitting an offer SUBJECT TO INSPECTION. Besides, if the house is VACANT, why not make it accesible? It will do you justice in processing your shortsales as negotiations begin once an offer is submitted.
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