Special offer

You Cannot Fool Today’s Buyers. By Dan Polimino.

By
Real Estate Agent with Keller Williams Realty DTC

Story # 1

A friend was telling me a story about buying a used car from a dealer. The car had the Inspected and Certified Used Car sticker on it, and the dealership represented that the car was in good working order. Nonetheless, the buyers wanted to have it checked out by their mechanic before putting down the money and driving it off the lot. Upon inspection, the mechanic told these would-be buyers that the car needed a new fuel pump as well as a new timing belt.

The buyers went back to the dealership and told them what the mechanic found, but the dealership was not cooperative. They disagreed with the mechanic’s assessment and they refused to replace the items before selling the car. Obviously, the buyers did not go through with the purchase.

Story #2

Some friends wanted to go on a vacation and they planned to book it online. The pictures and reviews of the hotel were fantastic, but since they had never been to this area before, they wanted to do a little extra checking. They decided to use Oyster.com which is like the “travel police.” They check out all the claims that a resort may be making, they look at potentially fraudulent reviews, and they go to the resorts and take real pictures of the rooms. Then you can compare the real pictures from Oyster to the pictures that the resort is advertising on their website. Good thing that they did their homework because the real pictures did not look anything like the website’s advertised photos.

Story #3

A friend was selling his home and did some fix up work. I asked him if he replaced the roof. He said, “No, if it comes up on inspection and someone really makes a fuss about it, I’ll fix it.” I told him it would and it did. The buyer requested a new roof and the seller was forced to replace it or lose the deal.

What do all three of these stories have in common? Buyers are smart, they do their homework, they check, and triple check. You will not be able to fool anyone these days. It doesn’t matter if you are selling a car, selling a room, or selling a home. Be honest, be up front, do what you need to do to make it right, and you’ll not only have a smooth sale, but a good reputation as well.

Dan Polimino is a Realtor with Fuller Sotheby’s International Realty. He can be reached at DPolimino@fullerproperties.com and www.coloradodreamhouse.com/denverpost

Click here to Get started searching for YOUR Colorado Dream Home.

Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

That's why I like real video of real estate. It shows the good points but the buyer can see ooooh my, those are close houses around that cute cape listing. It saves gas and helps weed out the ones they do or don't actually tramp through where they do have remove their shoes. Honesty is best and before the sale is the time to trash it out, not after with lawyers, litigation, hard feelings, expense and waste of time when you should be listing, marketing. Not writing letters with exhibit A, B, C to the state real estate commission.

Apr 12, 2011 12:38 AM
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS

Dan, great post, and glad you posted it; we have to THINK like consumers and RESEARCH like consumers so we now what their mindset is.

Apr 12, 2011 01:03 AM
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

Not many buyers ask us to help them find a house anymore. The new buyer tells you what houses they found and would like to see. The Internet has empowered us all to do our own due diligence and most buyers are all over it.

Apr 12, 2011 01:25 AM