Come Preapproved

By
Real Estate Agent with Berkshire Hathaway HomeServices | Pen Fed Realty 3107554

Many buyers are uncomfortable with their buyer's representative asking them to become preapproved or show proof of cash funds for a home purchase.  As a buyer's representative this is the first step I take with my new clients.  I find if someone is unwilling to take this first step, then it is a red flag to a difficult transaction later down the road.  I certainly can't buy a car without first applying for a loan or walking in with the cash in my hand. A home is the most amount of money you will probably ever spend in your life, so it should not be unusual that your agent needs to make sure you can buy and how much of a purchase you do qualify for.  Please don't be offended.

Can you imagine showing properties to a buyer who wants to buy a million dollar home and they only qualify for $300,000?  You have just wasted a lot of time that could have been more productive.  Not to say the cost of gas ($4.03 a gallon) for all of those miles you just drove them around.  Remember as Realtors©we make nothing unless we close a transaction.  All of our services, advice, professional expertise and guidance is all free up front.  We service many buyers yearly who never end up buying.  Why on earth then do I love my job so much?  Crazy comes to mind.  Then crazy in love comes to mind for helping those successful buyers.  The ones who smile and thank me at the end of the transaction for saving them money and avoiding pitfalls.  The ones that we part as friends and stay in touch and they refer more business to me from their friends and family.  A compliment or referral goes a long way in this business.

As a Realtor©, we do not have bosses.  We may work for a large recognized real estate brand name, but we are all independent contractors working for ourselves.  Our clients are the only true feedback we can get that is truthful about our services.  We crave approval like any other profession.  If your Realtor© has done a great job for you, let them know.

Kelly Klein, Lifeguard Real Estate, Inc.  Broker / Owner

850-420-2480

Destin, Sandestin, Miramar Beach, 30a, Santa Rosa Beach, Gulf Place, Blue Mountain Beach, Grayton Beach, Seaside, Watercolor, Watersound, Seacrest, Seagrove, Panama City Beach, Florida

close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Dan Edward Phillips 04/26/2011 01:12 AM
Topic:
ActiveRain Community
Location:
Florida
Groups:
The Lounge at Active Rain
Waterfront Agents
Women's Council of Realtors on Active Rain
The Referral Network
Addicted to Active Rain
Tags:
inc
destin
30a
miramar beach
blue mountain beach
sandestin
santa rosa beach
gulf place
kelly klein
lifeguard real estate
grayton be

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
66,842
Alex F
Charles Rutenberg Realty - Altamonte Springs, FL
Central Florida, Realtor

Crazy does come to mind!

Apr 19, 2011 03:20 AM #1
Rainmaker
688,012
Dan Edward Phillips
Dan Edward Phillips, Humboldt and Del Norte Counties, CA - Eureka, CA
Humboldt and Del Norte Counties, CA

Good Morning Kelly, excellent input for buyers coming into the market. I agree 100%.

Apr 19, 2011 03:21 AM #2
Rainmaker
3,110,242
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Kelly, this is such a no brainer and I agree with you 110%  I can't believe agent go off showing homes to buyers without asking about their preapproval...with gas prices like they are?  Crazy!

Apr 19, 2011 03:27 AM #3
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
105,796

Kelly Klein

"Doing Great Things Today to Improve Tomorrow"
Looking to Buy?
*
*
*
*
Spam prevention