“I Hate it when I Read that Buyers are Liars”

  “I Hate it when I Read that Buyers are Liars”

 

 

Unfortunately there are times when it’s true. This was a client that was referred by one of my Realtor referral partners.

 

I had been working with this client to get their credit scores where they needed to be, but they didn’t always do things correctly to make that happen. But we finally got to where we needed to be.

 

I was finally able to do a pre-qualification letter and sent him back to the Realtor that originally referred him. I explained in detail the maximum loan amount as they had just so many dollars to work with for down payment and closing costs.

 

I have been told by the Realtor that they wanted to see homes out of their price range and as a result they were making some crazy offers. So far all have been rejected.

 

I got this email from the Realtor. I can understand her frustration: 

 

While we look at homes two days per week, it seems that the good doctor could not wait to see this property that they just lost out on … below is what the other realtor shared with me. I sent the doctor the message and he admitted that it was him. 

 

Unfortunately the seller accepted the other offer, it had better terms.

Also, just an FYI I finally looked at the buyers name on the contract and I am pretty positive I showed them the house last Thursday night.

He originally called and said his name was Jeff.

I specifically asked him if he had an agent and he said no so I set up the showing.

The buyer was a Doctor who came with his wife and mother-in-law.

Was that him?

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 10 commentsJoe Petrowsky • September 19 2016 08:20AM

Comments

Most people don't understand how realtor's make money or the process and they are just looking out for themselves.  That unfortunately leads sometimes to lies and misinformation.  Thanks for sharing and have a great Friday!

Posted by Norma J. Elkins, Realtor - Elkins Home Selling Team ( Elite Realty Group) 10 months ago

I'm not getting the whole scenario here other than the buyer decided to make up another identity. Like that would help get them the house?

Posted by Lyn Sims, Schaumburg IL Area Real Estate (RE/MAX Suburban) 10 months ago

Joe Petrowsky This scenario seems to play out a few times each year for us in varying levels, but the point to note is that once we find out this is how a buyer wishes to operate, we cease workign with them, unless they sign a Buyer-Broker Agreement. This usually helps them decide how serious they are in using our services.

Posted by Sandy Padula and Norm Padula, JD, GRI NMLS#1483386, Presence, Persistence & Perseverance (Realty One Group) 10 months ago

 Hi Joe Petrowsky They say that a leopard can't change it's spots and liars are what they are. No way to change them. So the bottomline os DON'T WORK WITH THEM AT ALL.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) 10 months ago

Joe Petrowsky  Buyers are liars are is an old saying that seems to ring true Perhaps that is why we have buyer broker contracts

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Good Morning Joe - the good doctor needs to know that real estate agents are professionals too.  

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 10 months ago

Good morning, Joe. Unfortunately, this happens. Here's how I look at it... no big loss... I don't like doing business with people wh are not honest.

Posted by Nina Hollander, Your Charlotte/Waxhaw/Fort Mill Area Realtor (RE/MAX Executive | Charlotte, NC) 10 months ago

Hi Joe- on the other hand, years ago when I was a buyer, my agent continued to say  that buyers were liars in front of me when speaking with other agents. 

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) 10 months ago

The good doctor needs to grow some ethics and be kindly reminded that the Real Estate Community is small ....Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 10 months ago

Joe Petrowsky - advantage to me when I work by referral, these things don't happen!

At least they can lie about their name....lol!

Posted by Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (eXp Realty) 10 months ago

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