I received an email today from someone I care deeply about. She tells me that she is sorry. She saw a home on line, and sent an email inquiring about an open house. The broker was at the property and why doesn't she come on down. Well, they did, and needless to say fell in love with it.
Her email told me that she had to move quickly and pre qualify through the listing agents mortgage people or they would lose the home. They are signing P&S today.
She tells me that she is sorry, that they didn't have a choice! I have not, nor will I ask for details. I don't want to rain on their parade, but...
You always have a choice.
Clearly they didn't have representation. Did they know they should have? Did they know they could have? You know I won't know. I suspect they knew exactly what they were doing or got so caught up in the emotion of it that they acted hastily.
If you are buying a home, you should always have representation! I can't think of many, really, any exceptions. Especially in the situation I have described above. I've been in the business for 24 years. If I were buying a home, I would get an agent, someone other than myself. It is just that important!
Buying a home is an emotional purchase. I don't know many people that act rationally when emotions are involved.
You always have a choice in who to use as your Realtor! But do make a choice!
The listing agent works for the Seller. That means their obligation is to them. Literally. Their job is to get the best deal for the Seller. Just because they are friendly, nice and smiling, doesn't mean that your best interests will be theirs!
Will you lose the home because you have an agent? Will you get a better deal without someone representing you? I highly doubt it! Don't go it alone or fall prey to the listing side because they tell you that you must act quickly! Pick up the phone. Hire a Buyer's Agent. It doesn't cost you a dime and you know what? It is expected!
Acting in the best interest of your family would be leveling the playing field and getting someone to work for YOU!
Carol-Ann Palmieri
Al and Cal Realty Group
508-494-9061
"Act now or you'll lose it"....I think this kind of sales tactic is not just used in Real Estate. But, as buying a home is emotional and such a life changing purchase one would think you would want the help or advice from a reputable realtor (especially one in the family!).
ReplyDeleteHope all goes well for them. Just so you know, I wouldn't have the home I have without your expertise and guidance!!!! Thank you!
Thank you Nancy. Your comment is appreciated more than you know! To think that you would lose out on a home because you hired someone to represent you is just foolish. I know one can get caught up in the emotions of a purchase, but to fall prey to this sort of sales tactic is just sad. It is good to know that others feel the same!
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