Special offer

Does it Make You Feel Better Knowing More about the Buyer/Seller?

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

I found information on the Seller by Googling them!  

 

Investigation

With so much information found on the Internet buyers and sellers are now Googling to find out as much about the other as they can before they move forward with a transaction.     Will this information help you make an offer?     Or will it make you feel differently about this buyer/seller?

 

In a seller's market where there are multiple offers in the first couple days, it is not about the Seller, it is about the market and how much a buyer feels the home is worth after reviewing the comparables.      If a buyer focuses too much attention on the Seller, they will lose sight of the goal in mind.    (The only exception to this is if the property has been a part of criminal activity.)

 

After a buyer secures an accepted offer, it is nice to know something about the property and the owners.     Usually at the inspection it is nice to see if the neighbors are out and about and find out about the neighborhood.    I have a Buyer under contract right now, and the Seller is roaming Costa Rica and has been tough to get signatures from, and now has extended closing due to the inability to be near a town for a POA or a mail-out.   Not sure why the Seller (or the listing agent) did not think of that when they accepted our offer closing in June.    Now the Buyer wants to know more about the Seller, and has Googled to find out more about this Seller.

 

I would hate to see a buyer lose a home of their dreams due to the thought of a seller making too much money.   Does the background of the Buyer or Seller have anything to do with accepting their offer?      It is irrelevant, if you love the home and can see yourself living there, BUY IT!

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(24)

Roy Kelley
Retired - Gaithersburg, MD

There is often much to learn about others just by looking at Facebook. 

Jun 15, 2018 09:13 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kristin, I find MOST clients, whether they are the buyer or the seller DO check out the other side, and relay their findings.  Usually pretty interesting! 

Jun 15, 2018 09:47 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeffrey DiMuria 321.223.6253 Waves Realty we do have to write love letters to present on some properties if there are many multiple offers.

Jun 15, 2018 09:47 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, as you always say - it depends.....

Jun 15, 2018 09:48 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, maybe it is natural curiousity or just plain nosy!  

Jun 15, 2018 09:48 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, am seeing less and less on FB.

Jun 15, 2018 09:49 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I tried to keep my knowledge of my clients on their likes and dislikes limited because in my early years I was finding out way too much about my clients Joan.

Jun 15, 2018 01:54 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan... as I always tell my buyers "we don't have profit police in Charlotte." And then I ask them if they would like a buyer for their home to act like profit police... they get the message.

Jun 15, 2018 02:34 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Most of my clients don't care, they just want what they want. I have googled buyers but usually not the sellers.

Jun 15, 2018 08:08 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I love Nina’s   comment.  I might use it some day. I do not like the fact that there is so much personal  information about people on the internet.

Jun 16, 2018 03:42 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

While the personal information either way...buyer or seller should have nothing to do with the transaction...that can sometimes. we think, unfortnately, be the case !

Jun 16, 2018 04:34 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul, sometimes our clients do share too much too.

Jun 16, 2018 08:06 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, that is a good way to put it! 

Jun 16, 2018 08:06 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, I sometimes check out all my clients.

Jun 16, 2018 08:06 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, there is too much info out there.

Jun 16, 2018 08:07 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I agree Sally, and think most is just curiousity.

Jun 16, 2018 08:07 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I don't usually google my clients because what's the point? I'm just gonna sell their house. Agents and buyers, though, I often do check out. I study buyer's agents production in MLS to determine their % of list price to sales price ratios, so I can tell my seller, look, they're offering this but previous sales show these percentages. Might check out a buyer's occupation, plus buyers tend to talk online about their home buying activities. As though they have a "secret" channel nobody else can read.

Jun 16, 2018 10:35 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth, I too look at the production of buyer's agent, but do research on buyers and sellers when needed.

Jun 17, 2018 03:58 PM
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-739-3843

Joan, since I know so many of the properties and owners (past and present) it really makes it interesting when I get to know my buyers. It often is an intuitive "connection" and I can make things work when buyers don't even know that's what they need! 

Jun 17, 2018 07:39 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gayle, I can imagine in a small close knit community!  

Jun 20, 2018 07:32 AM