This came up today due to a Coldwell Banker agent door knocking a client of our’s home.
We have been discussing selling it, but they are not ready. However, the interesting thing is this agent’s approach and is something I need to make you aware of.
When we show real estate listings, we typically schedule them a day or two before, make the arrangements with owners – occupants, call the agents involved to vette the home, then take our clients.
This agent is doing one better. After they scheduled the homes to be shown a day or two before, they door knock the neighborhood stating they have a buyer for those who are home.
Basically it goes like this, “I am going to be showing properties in your neighborhood tomorrow and I’d like the opportunity to show my Super Well Qualified home buyers your home too. I know it’s not on the market for sale, but I would appreciate the opportunity, just in case you have been contemplating selling it…”
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GREAT – Call your agent and give them the number and name of the agent who says they have a buyer, so they are able to vette them and see “how much” they are willing to offer. Also, have your agent find out if they are “financially able” to buy your home. Furthermore, to make sure the financing, proof of funds and credit reports are all solid and good to go.
At the end of the day, every real estate seller wants the most they can get for their home. With today’s constrictive real estate inventory homes don’t stay too long on the market.
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Limiting your options as a real estate seller, to go with the “buyers” who are having view your home by the agent who told you, “I have a buyer for your home…”, is a mistake.
Be weary with this approach and OMT – You would want to make sure your home is advertised to everyone in the market to buy. You want all of the buyers wanting to buy a home like yours to be notified that it’s now for sale.
Then, in the perfect scenario, you will have multiple offers on the real estate we have listed for you, then we will be able to get you the most for the home you are having us sell.
That is the better way than to trust someone doorknocking your home saying, “I have a buyer for your home…”
Be safe and thanks for listening to our Housing Radio Show. I’m Connor MacIvor with REMAX of Valencia CA.