Potential Buyers Stay Free?!

By
Real Estate Agent with Mountain Place Realty

Just a few weeks ago, customers approached us with an unusual request:  Can we spend a night in this listing? 

Well, of course our first response was, "Let us talk to the sellers and get their opinion."  And, Great listingas you might imagine, these customers weren't asking for a night in a 2 BR bargain listing.  No... they wanted to stay in a luxurious 5 BR cabin atop one of our area's highest mountain tops-with spectacular sunset views to boot.

Since this liLiving Roomsting is a vacation home and our sellers were already considering placing it on a rental program, they were very agreeable to this idea.  Really no other home could be more ideal for such a proposal; it's vacant and being sold fully furnished.

After great consideration,  we all agreed to let these customers stay overnight.   So other than being charged a small cleaning fee, these lucky buyers enjoyed one night of mountain luxury for free.

Though all went well with our overnight customers, they are still on the fence about purchasing this home. Has anyone else had buyers with such a request? 

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Rainer
91,793
Patrick Lambert
ALLY Real Estate - Waikoloa, HI
Hawaii Real Estate Expert

Here in Hawaii we have a large vacation rental inventory, we get those types of requests from time to time but never has is come to fruition.

Jun 11, 2008 06:59 AM #1
Rainer
91,793
Patrick Lambert
ALLY Real Estate - Waikoloa, HI
Hawaii Real Estate Expert

Here in Hawaii we have a large vacation rental inventory, we get those types of requests from time to time but never has is come to fruition.

Jun 11, 2008 07:00 AM #2
Rainer
155,671
R. B. "Bob" Mitchell - Loan Officer Raleigh/Durham
Bank of England (NMLS#418481) - Raleigh, NC
Bob Mitchell (NMLS#1046286)

Hmmmmm, I wouldn't have done it!  Too many things could have gone wrong.  Just my opinion.

Bob Mitchell

ValueList Real Estate Services, Inc.

Jun 11, 2008 07:00 AM #3
Anonymous
Frank

Hey, anything is possible these days. This sounds like a show that i saw last week called "date my house" where the potential buyers stay for a few days. Well good luck.

 

you can find me on www.agentbrokerforum.com

Jun 11, 2008 07:00 AM #4
Rainer
1,033
Renée LaFargue
ShowHome Realty, Inc. - Lawnside, NJ

seems to me the buyers really have to be grilled as to their intentions (have they been looking for long?...prequalifed? and yes, show picture ID....pretty much the same thing that time share folks put you through).  after prospects have been grilled and signed away their first-born :-) for liability purposes, if they are still serious, and the sellers agree, it might be a good way to generate interest.   ps have the lawyers draw up an air-tight "rental" agreement.

Jun 11, 2008 07:11 AM #5
Rainmaker
496,068
Richard T. Dolbeare, R(B)
eXp Realty - Wailuku, HI
R(B), ABR, CRS...Hawaii Multi-Island Specialist

Never.  I did have a client request to return with a basket to pick some fruit.  The request was denied.

Jun 11, 2008 07:11 AM #6
Rainer
87,489
"JT" Prevatte
Former Agent - Fayetteville, NC

There was actually a television show called, "Date this house" or something like that in which this idea was done......don't know if it is still on or not.

Jun 11, 2008 07:18 AM #7
Rainmaker
571,868
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

I would have charged them the going rate and refunded it at closing !

Jun 11, 2008 07:19 AM #8
Rainmaker
222,542
Michael Wayne Jackson
Coldwell Banker - Novato, CA
Realtor - Seniors Real Estate Specialist Novato

Great post Christy. I have never had a request like this. Maybe that will help close the deal.

Jun 11, 2008 07:32 AM #9
Rainer
21,883
Christy Reece
Mountain Place Realty - Blue Ridge, GA

Bob:  You're right.  Though our situation worked out well, there was a great deal of risk involved.

ShowHome and Bill:  Your criteria seems very thorough..maybe we will take that approach next time.  Then the field would be narrowed to only very serious buyers.

Richard:  Gee...I think you run an even tighter ship than ShowHome!

Mike:  Thanks!

JT and Frank:  I looked up this show on TLC's website. It sounds interesting.  Thanks! 

Jun 12, 2008 06:10 AM #10
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Rainer
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Christy Reece

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