When a Buyer Comes-a-Knockin', Tell Your Seller What to Do!

By
Real Estate Agent with Cedar Rapids/Iowa City, IA KW Legacy Group S44645
https://activerain.com/droplet/4VtC

When a Buyer Comes-a-Knockin', Tell Your Seller What to Do!

 

And I don't mean it in a bossy way...but if the sign goes in the yard and a buyer knocks on the door, does your seller know what to do?

 

My very first listing was a home that I sold for my aunt and uncle.  It was the only listing I had that entire first year, mostly because I didn't seek out sellers.  I LOVED buyers and thought that buyers were the easiest....

 

The sign went in the yard and that night, a buyer knocked on the door and wanted to see the house.  He was a first time buyer and he thought the sign meant that he could just see the house whenever.  My seller didn't know what to do, they had never sold a house before.  So they told him that there was an open house on Sunday and he could come back then to see the house.

 

frustrated woman

 

Of course, they called me and told me what happened.  What a lost opportunity!  They had my flyers and business cards inside, they could have just gave him my information.  Oh well.

 

Sunday's open house came and the buyer came to the house.  He loved it and wanted to write an offer.  He had talked to an agent a couple of days earlier and said that he would call him after he left the open house.  Bummer.  Not that I would have wanted to represent both sides of my very first listing, but I could have referred him to another agent in my office and at least received a referral fee!  Keep in mind that the agent that wrote the offer, didn't show him the house, in fact, the buyer's agent never saw the house at all until the final inspection.

 

After that, I learned to let my sellers know what to do when a buyer comes knocking on the door.  Because most of the time, that buyer probably won't buy that house but I would be able to show them another one that better suited their needs!  That is the point of listing homes, putting a sign in the yard with your name on it, hosting open houses, etc....to find your next client!

 

Keep smiling!

 

Karen

 

 

Posted by

 

Karen Feltman, REALTOR®, ABR, AHS, CHMS,                                                                      CNE,CRS, e-Pro, green, GRI, SRES, TRC

Keller Williams Legacy Group

4850 Armar Drive SE Ste B

Cedar Rapids, Iowa 52403

Email: karenfeltman@gmail.com

Mobile  319-521-0701

www.KarenFeltman.com

Licensed in the State of Iowa

© 2010-2018 by Karen Feltman, Cedar Rapids/Iowa City Relocation Specialist 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Debbie Reynolds 09/01/2016 06:00 AM
Topic:
Home Selling
Location:
Iowa Linn County Cedar Rapids
Groups:
Active Rain Newbies
Realtors®
1st Time Buyers
Iowa Real Estate
Addicted to Active Rain
Tags:
seller representation
buyer representation
preparing your seller
buying a home in cedar rapids
selling a home in cedar rapids

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Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Karen... one thing I always tell my seller clients is that if a stranger knocks on their door about the listing, to give them my card and not to let a stranger in the home. These days you never know and I can also qualify the buyer.

Aug 29, 2016 06:23 AM #1
Ambassador
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

It probably worked out for the best because the sellers were related to you and it might have been a conflict for you to be involved in the buyers side of things.

Aug 29, 2016 06:47 AM #2
Rainer
138,389
Chrissi Chapman Topoleski
Re/Max Real Estate Connections - Haymarket, VA
HOME~There is no place like it!

I let my sellers know if someone asks to see their house to have them call me and not let them in! I'm glad the buyer came back and wrote an offer!

Aug 29, 2016 07:27 AM #3
Rainmaker
577,968
Pat Starnes-Front Gate Realty
Front Gate Real Estate - Brandon, MS
601-991-2900 Office; 601-278-4513 Cell

You nailed the content on this post, Karen. Sellers don't know what to do and are often caught off-guard when a prospect knocks on the door. I feel the same way; I wouldn't have wanted to represent them necessarily on THAT transaction, esp since the sellers were relatives, but you certainly could have referred them or assisted with another house should that one not have worked. Great post!

Sep 01, 2016 09:16 AM #4
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Rainmaker
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Karen Feltman

Relocation Specialist in Cedar Rapids, Iowa
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