Should Buyers being buying homes sight unseen?

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394
 

I was asked a pointed question, if I would assist a buyer in buying a luxury home without them even see it?

 

They want to buy it by viewing online tours and having me decide what home is best for them.

 

The buyer was from CT. They have had it with high taxes and restrictions they said. They chose NH for no sales tax, no income tax, more home for their money and the need for a safe spacious area. They chose me from an online search.

 

Sure, I can assist them finding a home. BUT, should they be deciding on a home without even seeing it? They said they saw the idea on TV. They then said they researched it online. We set up a plan for me to first find them the best selection of homes that suit their wants and needs. They will view all of them online and narrow them down.

 

The next day i did get a call from the husband. Although the wife was ok without seeing it, he was not quite so sure about spending $500,000 on something he can not see, touch and get a feel for. His wife was insistent they maintain distance and he wanted to keep our conversation to our selves. Seeing he mentioned it, I got into more detail what we are seeing with the pandemic here in NH. We have not been hit as hard as most states. Businesses are open. People are out and about. CT is hit hard though. 

 

The question turned to if they had been sick? Had they been out and about to be exposed? He said they both work from home and have not left home in over 3 weeks. They get everything delivered as his wife is scared silly. I sent them the NH guideline I found online. 


IN SUMMARY, Buying a home is a large decision. I have to offer the buyer the pros and cons of buying sight unseen. It is a large liability for me to decide. The decision has to be theirs. Where they could come to NH, it is just if they will want to.

 

IN THE END: The buyer was more than happy i presented all sides. They were happy i have taken so much time to both answer their questions and speak to them when they needed an ear to talk to.

 

I leave you with my infamous thoughts, My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. Those that hire me, find a dedication like no other.

 

To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .

 

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 34 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties. 

 

    

 

 

 

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Topic:
Home Buying
Location:
New Hampshire Hillsborough County Bedford
Groups:
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Rainmaker
1,467,220
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Scott,
I sold many homes to investors sight unseen. They had specific criteria for their investment portfolio and there was no emotion involved. Quite a different story when you're selling for owner-occupied. I would never buy that way, nor would I encourage anyone to sell that way. 

May 30, 2020 08:14 AM #10
Rainmaker
1,907,386
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I’m really not comfortable with this . Most buyers lack liquidity Post Closing . One serious issue could bankrupt them 

May 30, 2020 08:40 AM #11
Ambassador
1,938,023
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Scott Godzyk  I sold one house several years ago online to out of town buyers who assured me they loved the house they sent their daughter who face-timed the house. When they did come to the city for the home inspection they did not like the house and backed out through the home inspection clause - Lesson learned do not feel buyers should buy online they do need to get a feel for the house ---  

May 30, 2020 12:17 PM #12
Rainmaker
2,872,189
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Hello Scott,  Indeed, the decision must be their decision.  I certainly would not be making that decision and recommend they see the home before making an offer. 

May 30, 2020 04:48 PM #13
Ambassador
4,172,709
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Scott- it's one of those things where all you can do is give your buyers the information they need and then ultimately let them make the decision. 

May 30, 2020 05:28 PM #14
Rainmaker
180,543
James (Jim) Lawson, DBA
DomainRealty.com LLC - Bonita Springs, FL
Broker Associate, RSPS, BPOR, HI & PE

It is not uncommon for buyers to buy a second home unseen in my Southwest Florida market Scott. Less so if it is to be their primary home. Like you, I provide the pros and cons and also make sure the advice is documented.

May 31, 2020 12:51 AM #15
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I do find the same Nina Hollander but 2 buyers in a week who say they want to buy sight unseen and i have only had that once in 34 years prior. 

May 31, 2020 05:51 AM #16
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It makes me uncomfortable as well Lise Howe and as i told them, i cant make teh decision which home, but can provide all the infirmation, videos, pictures and reports for them to make that decision

May 31, 2020 05:53 AM #17
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Thank you Debb Janes EcoBroker and Bernie Stea JD, I like to give them the information they need. So they can make the decision. I like to give pros and cons and encourage them coming for the inspection at least so they can see and decide 

May 31, 2020 05:55 AM #18
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That can happen often with pictures Myrl Jeffcoat . It was rare here to get such a request to buy sight unseen. Now with a second request in a week, i feel it may be on the rise  

May 31, 2020 05:57 AM #19
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Not here in NH Sam Shueh , i have only had 1 buyer ever do this in 34 years, This buyer was even more different as they are asking to buy without seeing the home before closing. They wanted me to decide and pick one, Since i wrote this, they will be coming to see 2 homes they narrowed down to, both new construction and ready for a quick close. 

May 31, 2020 06:00 AM #20
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good catch Doug Dawes and no, i am not comfortable picking a home for them. since, I got them to narrow it to 2 and they are driving cross country to pick the one they want in person. They were happy i gave them all info so they could make a decision 

May 31, 2020 06:02 AM #21
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have only had 1 other buyer ever buy sight unseen in 34 years here in NH Jeffrey Richman. SO to get 2 requests now in a week to do it again. It did allow me a great conversation and they hired me. 

May 31, 2020 06:05 AM #22
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have had many bank owned investments purchased that way, but no emotion as it was not their home Carol Williams. I have only had that once before. I am happy they took my info and made a decision

May 31, 2020 06:09 AM #23
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That is true Michael J. Perry and somethng i like to talk about

May 31, 2020 06:12 AM #24
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Hannah Williams i did have a daughter buy a home in person for her parents who were in FL, where they would all live, the parents hated it and listed it buying another one from me when they did get back. The daughter made the decisions then, 

May 31, 2020 06:16 AM #25
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That is how i felt and what i did Kathleen Daniels 

May 31, 2020 06:21 AM #26
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That was my plan Kathy Streib and i had the hope they would listen. And they did 

May 31, 2020 06:22 AM #27
Rainmaker
3,159,527
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Thank you for the comment James (Jim) Lawson, DBA. It is rare here in NH,  I am happy they allowed me to give them the info they needed and more happy they were able to make the right decision to head here to view in person, 

May 31, 2020 06:25 AM #28
Rainmaker
3,625,115
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Scott - as you know by digging deeper, you learn additional information and together you can decide what the best real estate path may be.  

May 31, 2020 07:26 AM #29
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Scott Godzyk

One of the Manchester NH's area Leading Agents
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