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I am Too Lazy To Show Houses?!?!

By
Real Estate Agent with ARDENT PROPERTIES

Just got off the phone with a prospective buyer who wanted to look at one of my listings. 

Right off the bat-- he told me that he wanted to see the property.  No problem here, I'd love to show it.


However, I never rush into a property showing--- without finding out:  Do you have an agent and are you approved for a loan?

 When I asked if he had an agent--- his response was "Yes, I have someone I have been working with"  to which I promptly responded-- then it is best that your current agent shows you the house.  I do not believe in cutting out agents -- who work to show my listings-- I will need them one day.

He replied back "Well, I'm not married to an agent"

This is when I noticed that this guy was a disloyal buyer.

When I asked about loan approval, he responded "Oh, that's not a problem".  

I informed him that I do not show properties without proof of ability to fund the deal.  His response was "Well, if you are too damned lazy to show the house..."

My response was immediate "If you feel that I am too lazy, then you are best working with another agent."

His response was "I just sold a $600,000 house-- I think I can afford a $400,000 one) .  He then asked if I would require some sort of proof -- to which I responded "Yes".


Then he again stated his belief that I was too lazy to show a house to get my money. 

I simply stated that he would be best working with another agent-- and promptly ended the call.

As a REO listing agent-- my time is valuable -- and my time is best spent doing things that produce income.  Those things include working on my portfolio, networking with other REO Agents, working to build my REO client list..." --- my time is not best spent --- showing people with questionable qualifications houses.


I am not a tour guide.  This guy probably did have the money-- but if I showed him houses-- and then he would probably do to me what he did to his agent -- find another property-- and just call the listing agent. 


I encourage all other agents to take a similiar position-- we should not be showing houses to disloyal buyers -- with no proof that they can afford a house that we are showing them. 

Am I too lazy?  Perhaps.  But I'm not out wasting my time -- and money showing houses -- for no return on investment.

 

-Jason

 

 

Show All Comments Sort:
Jason Bhattacharya
ARDENT PROPERTIES - Chesterfield, VA

Mott,

Then the next question would be--- who do you show-- and who don't you show? 

-Jason

Feb 25, 2008 09:18 AM
Cameron Wilson
Labrum Real Estate - Murrieta, CA
The Short Guy - Murrieta,Temecula,Menifee Californ
Jason, I'm on your side with this one and I tell the prospective buyer we will need POF to make an offer so show it upfront or no show. Some agents will disagree but it works for me and I don't have time to waste either.
Feb 25, 2008 10:25 AM
Stacy Magid
Century 21 New Millennium - Woodbridge, VA
I would show my listing with the hopes that it would get sold.  Ultimately my seller wants it sold and whether its me or another agent showing it it doesn't matter.
Feb 25, 2008 10:25 AM
Rick Tourgee
Robert Paul Properties, Inc. - Provincetown, MA
Provincetown and Cape Cod
I think you did the right thing.  I always have my Buyers get pre-approved prior to spending my time showing proeprty.  Time is the most valuable resource we have!
Feb 25, 2008 10:34 AM
Anthony Saunchez
Campa Properties - San Bernardino, CA
How can we be of service
You are right Jason. We are not tour guides. Most of the time I have wasted in this business is providing taxi service to suspects with the HOPE of making a sale. Why show homes to unqualified, disloyal suspects If he is working with an agent the let the agent WORK.
Feb 25, 2008 05:09 PM
Karen Hurst
RICOASTALLIVING.COM - Warwick, RI
Rhode Island Waterfront!
There is always a chance that he is a serious buyer, though. I have shown some of my listings with the idea, that we discuss his/her qualifications as a buyer at that time. I usually pick up buyers that way even if they are not interested in my listing. And once I am working with them, they are prequalified!
Feb 26, 2008 02:17 AM
Tanya Carlisle
Carlisle Realty - Charlotte, NC

I always have to have a pre-approval letter before I'll show my listings. Most of my listings are REOs and vacant, so safety is my number one concern. An agent in my area was attacked at a vacant property not too long ago beacuse she ran out to meet with an unknown buyer. Besides, most sellers (even banks) don't want you showing their listings to buyers that aren't qualified.

Feb 26, 2008 04:34 AM
Jeffrey Dolfinger
24/7 Realty Inc. - Poughkeepsie, NY
NRBA Member
Yep. I'm lazy as i only show to pre-approved or at least prequaled buyers.  I have no time to waste
Feb 26, 2008 11:14 AM
Sandra Carlisle (Ayers)
Berkshire Hathaway California Properties - Newport Beach, CA
Real Estate Marketing & Sales
Buyers only get angry when they have an agenda. He should use his agent but probably thinks he will get a better deal if he only goes to listing agents.
Feb 26, 2008 11:23 AM
Juston Austin
Century21 Overton Real Estate - Martin, TN
I agree with you totally. I normally will show with a pre qual letter. My time is valuable. Buyers normally get angry but I have shown to people before and they guaranteed me that they could get the money and ...well they could not! So, I wasted my time. Lesseson learned.
Feb 26, 2008 11:48 AM
Kathy Monthei
Diablo Realty - Lafayette, CA
I think you are smart.  People like to think that agents will cut each other at the drop of a hat.  Only a new agent would fall for the line that caller gave you.  Keep up the smart habits.
Feb 26, 2008 11:55 AM