The confidential agent remarks in the MLS are for US...let's all please read them!

Reblogger Chris Webster
Services for Real Estate Pros with Island Palms Realty

Totally agree 1 million %! I read comments but hate if no instructions on who to call. You call Agent, they say call office, I say move on to my Buyer(s)!

Original content by Jeanna Martinez

The confidential agent remarks in the MLS are for US...let's all please read them!

Maybe I am crazy and just an odd ball, maybe I am the one who doesn't have it right, but honestly, I don't think that's the case.  Whenever I am planning an outing with a client to see some properties I take time to do my homework.  If I need to call a listing agent with a question about their listing, I do my homework.  If I have a client who wants to submit an offer or a rental application, for Pete's sake, I DO MY HOMEWORK! 

photo courtesy of:

I guess that's not the case with everyone.  There is (usually) a whole lot of helpful information in the MLS that can really benefit us if we just use it!  Below are some great examples of information that has been clearly posted in the MLS and subsequently ignored.  If you just take the time to read what is posted in the MLS, you can save yourself lots of time and possibly a few headaches.  

1.  "For information on the property, DO NOT CALL listing agent, call office and ask for Sam or Mary." - This really means that the listing agent will not have any information you don't already have (even if it is a Sunday, you must wait till Monday and call the office)

2.  "Seller's disclosure and lead based paint can be found in MLS under additional information" - This means that you don't need to have the above documents faxed to you, you can print them right off the internet. 

3.  "This home will not qualify for FHA financing, unless it's FHA 203K."  - This means that unless your buyer is willing to use 203K and you have a lender who is able, don't waste your time showing the home.

4.  "This home is in a gated retirement community, residents must be at least XX years old." - This means that if your clients are under XX years old, don't waste your time showing the home.

5. "This home is for sale as is, no repairs will be done prior to closing." - This means that you need to make sure your buyer understands that they will not be able to ask for repairs, even after an inspection reveals a problem.  Your can ask for a price reduction or closing costs if you still want to buy the house...just no repairs.

I know we are all not perfect and I have made my fair share of mistakes but I really try my best to avoid the ones that are easy to prevent.  Not paying attention to the remarks will not likely be a tragic mistake but it can cause you to appear incompetent or at the very least ditsy. 

Just saying....

Have a fantastic weekend!

Jeanna Martinez license #538288




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Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Chris, you are right.  We need to do our job and that means reading, getting the necessary information and previewing properties!

Sep 17, 2010 06:01 PM
Dan Edward Phillips
Dan Edward Phillips, Humboldt and Del Norte Counties, CA - Eureka, CA
Humboldt and Del Norte Counties, CA

Good Morning Chris, great post, thanks for putting it back up!

Sep 18, 2010 12:06 AM
Jeanna Martinez
RE/MAX Access - Schertz, TX

Chris - Thank you so much for the re-blog!  I hope you have a great week! =)

Sep 19, 2010 04:23 PM