In and of itself the short sale singular transaction for the buyers agent is not a chore. Unfortunately because of the timescales involved a single buyers agent may submit anywhere from 1 to (insert a number) of offers on short sales for a single buyer. Thus the chore is in the volume, not really a single transaction. Sorry for not spelling that out correctly in the above post.
Also people who tend to submit alot of offers on properties simply because of pricing are also those who tend to have escrows that crash and burn. That is, they focus on the price price price price rather then buying the home for the correct reason which is buy a home you love. If you love it but cannot afford then you shouldn’t buy it. Unfortunately some people get caught up with a mentality of well let’s just offer offer offer and whatever gets accepted, then we will get picky about it and if it doesn’t cut the mustard then we will bail. You kind of see what I am saying?
Every buyer is different and I am not trying to generalize to much but this seems to be my personal experience over the past year.
I can indeed see why the agent that was posted about acted in the manner they did but still, I don’t agree with the behavior. I guess that agent is busy enough where they can pick and choose the business which is good for them.
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sd-maybe having a clause about a right to rescind the offer is something that is good to have. However I don’t recommend any special nomenclature because as a buyer in the state of California you already have so many “outs” that it really is not necessary. Also you don’t want to have any implications to the lender that you are not REALLY interested in the home. Let them think you are in love 100% with this home and have no intent on bailing out or submitting other offers. Then if they do accept and you fell in love with another you can simply give them a dear John letter.
