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To the REO Agents: What's with the attitude?

By
Real Estate Agent with Alain Pinel BRE 01367196

Venting....can't believe the attitude of some of the REO agents who must be so drunk with power and so busy with their listings that they have forgotten the simple rules of courtesy and professionalism.

My clients and I went to see an REO house, but when I opened the lockbox, there was no key. So on Tuesday and Wednesday. I called the listing agent named Jerry and left messages about the absence of a key. I even followed up with two emails, asking when can we see it.

On Thursday, I reached his partner Val. I told him I haven't had a call back from Jerry. Val tells me he hasn't seen Jerry in over a week. So I told him about trying to show their co-listed property but that there is no key in the lock box. Val asks, "So what do you want me to do about it?" Well, for starters, how about putting in a key?

So Val says he will get a key there either Friday or Saturday. Saturday, no key. Sunday, no key. I convinced my clients who are still very interested, to write an offer subject to inspection.

Monday, I called their office to get instructions on where/how to send the offer, and they tell me there's already a ratified offer, and that the offer was on the table for some time, but that they were waiting for the bank's response.

When I tried to voice a complaint about the unprofessional attitude, their not returning calls or emails, and their not telling me that they have an offer on the table, the assistant said she doesn't have my name on the list of people to call back. I said I left messages and also wrote emails. So the assistant puts Jerry on the phone. Jerry says, with a very dismissive attitude, "Yeah, we heard you."

And that was it.

This is not the first time I've had a run-in with an REO agent. What's with the attitude?

Comments(9)

Janice MacMillan
ERA Joyner Realty - Valdosta, GA
Associate Broker

Oh my gosh, what unprofessionalism! Does anyone not remember the golden rule anymore? I would be terribly upset over something like that. It certainly would get my feathers ruffled to say the least.

Aug 25, 2008 11:19 AM
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

It seems that listing multiple REO's can be rather challenging, but it is a decision that REO agents conciously make.  It you took the listing, then you need to take "ownership" of the listing and serve your seller by providing the widest access possible and communicate just like every other agent.

Just our $.02

Aug 25, 2008 11:28 AM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Jan Marie

I couldn't believe it myself. I was so flabbergasted.

I know they're busy, but I've dealt with other REO agents who were responsive and returned my calls.

By the same token, I've also had run-ins with other agents who didn't like to be told when they had erroneous information (like entering off-street parking where there is none, putting more baths when there is only one, etc), or who don't bother taking a picture.

One REO agent has a great blog on what they have to do (at the risk of life and limb). But there is no excuse for lack of professionalism.

Okay...I feel better now.

Aug 25, 2008 11:30 AM
Ted Spenadel
zip Realty - Rockville, MD

You are so right! I am in the Washington, DC area and most REO agents you can't even reach on the phone. The only way to get contact is if you fax them a contract.

Aug 25, 2008 12:54 PM
Cameron Wilson
Labrum Real Estate - Murrieta, CA
The Short Guy - Murrieta,Temecula,Menifee Californ

Some folks are simply un professional whether REO or not. We are hired to do a service for our clients and returning calls is part of the service.

As for the missing keys it is usually an agent who doesn't want anyone else to show the property who takes them.

Aug 25, 2008 01:53 PM
Matthew Zgonc
Aksland Real Estate - Modesto, CA
Realtor, CFS, CVS

Some folks are very unprofessional, although with the success of some people, the power is getting to their heads.  It still is no excuse for not treating people with respect.

Aug 28, 2008 04:54 AM
Jon Wnoroski
America's 1st Choice RH Realty Co., Inc. - Green, OH
Summit County Realtor

I continue to be amazed at the arrogance of REO agents, banks, etc.  They have a huge inventory but tend to drag their feet.  I've lost interest in even showing those properties...

Aug 28, 2008 06:35 AM
Breanna Ochoa
Metro Realty Partners - Houston, TX
Realtor - Houston, Sugar Land, Pearland

Sounds like they had a good offer and didn't want the house to be shown, whether they removed the key themselves or just failed to come out and replace it. I think it was amazing that you were actually able to even speak to the actual agent AND they seemed to be aware of the property you are talking about. There is one big agent here that I have sent offer on for multiple properties. I have never been able to get past the multiple assistants to talk to the real agent. Wondering if she still even exists?

Aug 28, 2008 07:58 AM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Another REO rant....

I called/left messages/emailed an agent regarding a property to get instructions for showing and for writing an offer. Because the property is still tenant occupied, I also had to call the tenants for a viewing today. So my clients and I immediately wrote an offer.

Called the REO office and finally got through to an assistant who said that the property has been "Pending" for several days after receiving multiple offers. But it's still showing as "Active" as of this writing.

Couldn't the agent or his/her assistant at least update the listings so that we know the score?

It doesn't matter whether this is a regular sale or REO, once it's pending, it should be shown as such on the MLS. If the agent can't call us back, the least they can do is keep the listing current!

Aug 28, 2008 09:51 AM