Must Text Agent Code on Refrigerator Before Submitting Offer

By
Real Estate Agent with Solutions Real Estate CA DRE #01490977

Must Text Agent Code on Refrigerator Before Submitting Offer

 

No Blind OffersIt’s not unusual in our busy seller’s market with multiple offers on some properties that agents are requesting that NO BLIND OFFERS be made.

 

In other words, you, the buyer, have to view the property before the offer is made, since agents say it is not unusual for blind offers to back out once they view the home after the offer is accepted by the seller.

 

I have seen a few listings, often in the case of short sales and REOs, where the buyer and buyer agent had to verify in writing on a form that they saw they property, and to submit the form with the offer.

 

This is a new one! The listing stated that the agent has to text the agent code that is on the refrigerator to the listing agent in order to verify the property was viewed.

 

Any creative things you have seen in your market regarding blind offers? Or do listing agents not care?

 

What do you think - too much to ask?

A reasonable request?

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Rainmaker
1,549,525
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Jeff: That is a first and it really does make alot of sense. I have to wonder though how many agents will actually pay attention to this.

Oct 28, 2014 06:43 AM #1
Rainmaker
1,236,965
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

I think it is a great idea to help with blind offers.  I don't see blind offers in my area. But for those who do see that, this is a great idea.  Because smart phones have cameras, you could actually have an agent take a picture of a particular feature in the house to make sure they were there and text, email or message that to the list agent.

Oct 28, 2014 06:50 AM #2
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Sandy and Norm - well I suspect there will be some who won't. Or only the agent will go and not the buyer

Sheri - another great idea. Thanks! I know some properties get blind offers, especially in the lower price ranges where there is much more competition. I can understand not wanting a blind offer that is going to fall apart quickly once the buyer sees the property

Jeff

Oct 28, 2014 06:53 AM #3
Rainmaker
2,800,501
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Jeff, I think that is creative.  I've not come across that in my area ... yet. It would not be beyond me to ask for something similar.  It is not crazier than people writing blind offers.  IMHO!

Oct 28, 2014 07:39 AM #4
Rainmaker
2,558,803
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Now that has to be a first!  But, I have to agree with the comment by Kathleen Daniels . . . It's not crazier than people writing blind offers.

Oct 28, 2014 01:25 PM #5
Rainmaker
752,486
Ritu Desai
Samson Properties - Ashburn, VA
Virginia Realtor-Fairfax/Loudoun/PW-703-625-4949

Jeff, Its good to know your market is holding so strong. Northern Virginia market has completely slow down this year. Considering the sellers market I think its a great idea to put something is writing like this...

Oct 28, 2014 08:34 PM #6
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William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional

Hi Jeff, I like the idea. I think I would hide it someplace more difficult to locate. Like don't mention where it is, LMAO. That should get a pretty good look at the place. I probably wouldn't hide it in a cereal box or floating in the toilet bowl, but there are lots of good hiding places in plain site. 

Oct 29, 2014 09:33 AM #7
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Kathleen - agreed. But I have had buyers who were really anxious to find a place and kep getting beaten out, or saw home go pending the day they hit the market, and they wanted to do thi. No way

Myrl - again, agreed. But then you do have people overseas writing offers and purchasing homes since they can't be here. I guess it depends on the situation

Ritu - while stats say seller's market it has slowed down and is acting a bit odd in some ways. It's also election time here and that always seems to interfere for some reason

William - or perhaps a scavenger hunt to find 4 #s

Jeff

Oct 29, 2014 09:55 AM #8
Rainmaker
1,767,293
Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366
Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366 - Placerville, CA
General Contractor, Dry Rot and Water Damage

I think it is a reasonable request Jeff, I really like the creativity that went into it.  :)

Oct 29, 2014 12:44 PM #9
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