Last week, someone ended up on my blog by doing the following Google search:
What I Should NOT Tell My Realtor?
This really got me thinking (I hope this was not one of my clients :). Now I am not a lawyer and I cannot give legal advice, but I will explain to you how I work with my clients in New Jersey. My relationship with all clients is like the relationship with a doctor or an attorney. What you tell me stays with me. If I must discuss something you have told me with others, I will get your permission first. In for me to work with my clients, they must trust and like me. They must feel that I always have their best interest at heart…..otherwise; our professional relationship will be a difficult one.
There are things that you may feel you should NOT tell your Realtor. Let’s discuss a few.
- You Have Bad Credit. I cannot tell you how many times I have had clients come to me looking to purchase a home. When I ask general questions about their credit history, they tell me, they only have a couple of credit cards and they always pay on time. When I refer them to a mortgage professional, I find out that their last house went to foreclosure, they owe $30,000 in back child support, every credit card they have is over the limit and they have tax liens and court judgments against them. If You Have Bad Credit, Tell Your Realtor! Before we get in the car, before we spend a lot of time looking at houses online, we are going to get you qualified for a mortgage. If you don’t qualify for a mortgage, then we need to get you on a credit restoration plan so that you can purchase a home sometime in the future.
- The Home You Are Looking To Sell is Owned by Someone Other Than Yourself – Many times, my clients have been living in a home for many years. The mortgage and taxes are up to date. However, they do not own the home. I had a case where a son lived at home with his mother. He had several brothers and sisters. When the mother passed away, he wanted to sell the home. However, the mothers will left the home solely to his older sister. You cannot sell what you do not legally own.
- You Are Working With Another Realtor –One of the very first questions I will ask you is “are you currently working with a Realtor”. I support all of my fellow Realtors. I will never steal a client. If you are a buyer, I will have you sign an exclusive buyer’s agreement. This commits you to me and me to you. If you are a seller, the listing agreement will outline a contract between my agency and you the seller. I have heard stories of a buyer or seller that gets information from a realtor and then takes the information back to the Realtor they intended to work with all the time Being a Realtor is an expensive proposition. It costs us a pretty penny just to be in business. Don’t waste a Realtors time if you have no intention of working with them. Let them spend their time discovering other clients.
The Bottom Line:
TELL YOUR REALTOR EVERYTHING!
Err on the side of too much rather than not enough. This will make for a better working relationship.
If you are interested in buying or selling a home in NJ or would like a free no obligation consultaion, feel free to call me today 856-685-1677. There is not cost, no obligation and best of all....No pressure.
Have a great day
Make This YOUR Best Year Ever
Leander McClain, Burlington /Camden County, NJ Realtor & Real Estate Consultant, Keller Williams Realty, 1814 Route 70 E Cherry Hill, NJ 08003 856-685-1677 Direct
Search NJ & PA Home Listings @ www.NJSouthRealEstate.com
Recent Posts
Follow Me on Twitter @leemack912
Comments(7)