“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
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.
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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!
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?
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.
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
Joe Petrowsky Buyers are liars are is an old saying that seems to ring true Perhaps that is why we have buyer broker contracts
Good Morning Joe - the good doctor needs to know that real estate agents are professionals too.
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.
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.
The good doctor needs to grow some ethics and be kindly reminded that the Real Estate Community is small ....Endre
Joe Petrowsky - advantage to me when I work by referral, these things don't happen!
At least they can lie about their name....lol!