Due Diligence

By
Real Estate Agent with Atlanta Communities 303302

Approaching the last minutes before a closing scheduled for tomorrow, the buyer's agent realized that something very important for her buyers was not going to happen. She immediately called me to complain. Well, I said, this is why we have due diligence time frames here in Georgia. This is when the buyer and their agent not only inspect the home for issues, but also ask questions to get answers for things that are important to them.

The issue was solved today by me, but I am still a bit miffed that an agent did not think to ask a few questions. Unfortunately, sellers are not usually mind readers or know what will be important to the buyer. This issue was a non-issue for the sellers, but important to the buyers.

So, when a buyer and seller agree to a contract, this is the time for the buyer to find all answers they require, along with the inspection of the home. Use this time wisely or it could come back to bite you.

Posted by

Peter den Boer, Associate Broker, Realtor

Atlanta Communities Real estate Brokerage

 

Ph. 770.713.1545

www.denboerhomes.com

 

I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Peter. Not my job to do your thinking. It is your job to do your own. Enjoy your day!

Apr 10, 2020 04:23 AM #1
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Peter - I am glad this last minute issue has been resolved and that your clients' transaction will close.  As far as mind-reading goes, there are so many skills that are important in real estate, psychic predictions in knowing how to determining what is important to ANY one may be a bit beyond the scope of anyone.  

Apr 10, 2020 04:55 AM #2
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Peter den Boer

MBA,GRI, Associate Broker, Realtor
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