Have you had a Buyer put in an Offer without viewing the property?

By
Real Estate Agent with RE/MAX Condos Plus Corporation, Brokerage

Have you had a Buyer put in an Offer without viewing the property?

 

 

It happened to me over the weekend.

 

I spent the afternoon showing them several condo units. There was one that they liked but it was already sold and waiting for deposit.

 

So, we went back to the office to chat and see what else was listed that met their criteria; and there was a lisiting …. 0 days on the market, ie: just listed that day ……

 

My Buyers wanted to see the pictures ….. showed it to them …….

 

I was surprised .....  when he said, lets put in an offer. I tried to book a late showing …… he said, "I am a ’dynamic person’" …… "I want you to submit the offer now; I don’t need to view the unit!!!"

 

…. I did as instructed, and he wanted to offer more, than what I suggested!

 

The offer was accepted within hours.

 

 

Posted by

                                                          ------------------------------------------

Real Estate Agent serving clients for the Toronto Downtown and Toronto Waterfront Area.

Residential and Investment Properties.

Rosalind Nicholas, ACCA,SRS,REALTOR®

e-mail:   Rnicholas@trebnet.com     Tel: 416 918 1972

RE/MAX Condos Plus Corporation, Brokerage, Toronto, ON, Canada.

http://www.youtube.com/watch?v=PMuLzqLe72M&feature=youtu.be

 

 

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Rainmaker
1,614,907
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Rosalind Nicholas I have seen these situations unfold and eventually unravel when the buyer finally crosses the threshold of the property. For us, it is a gamble and a big waste of time, not to mention, unfair to the seller to pull the property of the MLS until all contingencies have been met and removed. Good luck!

Apr 06, 2016 12:54 AM #1
Rainmaker
4,609,971
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rosalind, our listing agents most likely would not pick an offer from a buyer that has not seen a property, especially in a multiple offer situation.   Too easy for the buyer to see it, and terminate.    Congrats to you!   

Apr 08, 2016 11:06 PM #2
Rainmaker
306,887
Anne Lok
Berkshire Hathaway HomeServices Toronto Realty - Toronto, ON
Toronto Modern Real Estate

This happened to me last year and seems to have become a more frequent occurance with the current market trend. The buyers have been looking for a year, lost out in 6 different bidding wars, then finally decided to do a pre-emptive offer on a house on the first day it was listed. $1.5m without seeing it with no conditions. They were pre-approved well over that amount. The house ended up being everything they had wanted. 

May 08, 2016 01:40 AM #3
Rainmaker
2,222,823
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I cannot imagine making an offer without seeing the home. Such a risk! Hope it works out for your buyers.

Jul 02, 2016 10:42 PM #4
Rainmaker
2,302,857
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Crazy, but it has happened here too. I couldn't do that! I also had a house listed and the wife never saw the house until after it was sold. She even did the closing by mail. 

Jun 05, 2017 08:33 PM #5
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Rainer
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Rosalind Nicholas

Toronto Condo Real Estate Agent, Toronto ON
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