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October 15, 2007 at 4:33 PM #89162October 15, 2007 at 4:33 PM #89171
NotCranky
ParticipantSDR it has never been my experience that more than 10% of the so called offers were actually phoney. I always ask if the offer is verbal, has it been answered, countered ect. Usually I can get a frank answer on everything but the alleged amount of the offer. Usually most houses don’t have offers on them and no offers are claimed to exist. What gives here? Why is Raptorduck seeing so much of this? Are you used to having agents lie to you all the time about offers?
Disclaimer:
Yes I know many RE types hype constantly.This particular issue of pretend offers has not come up so regularly in my experience.October 15, 2007 at 4:46 PM #89168SD Realtor
ParticipantActually my personal belief is that more often then not, it is the agents clients that drive the foolishness. Contrary to what many people think or write here, it is the buyer who says, yeah I want it so call them and feel them out or let them know I am gonna write an offer up and then the buyer gets fickle. So Rustico I am with you… I do get alot of calls promising an offer is coming or giving verbals on the phone or what have you and many of them do not materialize into writing. In all cases I always encourage it to come on paper, even if it is a lowball, just to give it creedence.
As with most subjects though Rus, I agree with you and my experiences match your 10%, maybe a little more, like 20% but nothing as much as this thread has reported. I feel like something is missing here in Raptors case, you know what I mean? However, I am removed from the situation so I can only shrug and say write it up and have the agent deliver it…
October 15, 2007 at 4:46 PM #89177ParticipantActually my personal belief is that more often then not, it is the agents clients that drive the foolishness. Contrary to what many people think or write here, it is the buyer who says, yeah I want it so call them and feel them out or let them know I am gonna write an offer up and then the buyer gets fickle. So Rustico I am with you… I do get alot of calls promising an offer is coming or giving verbals on the phone or what have you and many of them do not materialize into writing. In all cases I always encourage it to come on paper, even if it is a lowball, just to give it creedence.
As with most subjects though Rus, I agree with you and my experiences match your 10%, maybe a little more, like 20% but nothing as much as this thread has reported. I feel like something is missing here in Raptors case, you know what I mean? However, I am removed from the situation so I can only shrug and say write it up and have the agent deliver it…
October 15, 2007 at 5:07 PM #89174ParticipantI am going to go contrarian on bagging Raptorduck’s agent for a couple of reasons. First the Duck himself said he had reason for picking her despite her lack of experience. Second any agent, regardless of how diligent, can go out with a buyer and find difficult situations to deal with. Excuse me, but second guessing her too much isn’t nice.
At Raptors level of wealth he is or should be an order giver on something on the purchase of a 3-4 M property. The fact that he is on this blog getting our wonderful advice is proof that he actually has taken charge of the path he is on. That is what he should do.
I have had a few clients with much experience and wealth. They actually had lower expectations for me than I had of myself and were very kind all the while.
October 15, 2007 at 5:07 PM #89183ParticipantI am going to go contrarian on bagging Raptorduck’s agent for a couple of reasons. First the Duck himself said he had reason for picking her despite her lack of experience. Second any agent, regardless of how diligent, can go out with a buyer and find difficult situations to deal with. Excuse me, but second guessing her too much isn’t nice.
At Raptors level of wealth he is or should be an order giver on something on the purchase of a 3-4 M property. The fact that he is on this blog getting our wonderful advice is proof that he actually has taken charge of the path he is on. That is what he should do.
I have had a few clients with much experience and wealth. They actually had lower expectations for me than I had of myself and were very kind all the while.
October 15, 2007 at 5:09 PM #89178Participantdarn I cannot even one up you. well said.
D Realtor
October 15, 2007 at 5:09 PM #89187Participantdarn I cannot even one up you. well said.
D Realtor
October 15, 2007 at 5:24 PM #89182salo_t
Participant“Now after looking at well over 100 homes”
I’m still stuck on the fact that you’re Realtor has shown you 100 homes! Hell, he’s spent a boatload of his own dough just driving you around. I don’t think he would try and screw you over after all that but he should submit any offers you want to write.
The bottom line is, work out the numbers and submit the offer you are comfortable with. It may be low and it might not get accepted but stick to your gut feeling and don’t let your emotions talk you into a bad decision. If your Realtor has a problem than get another one… they’re everywhere!October 15, 2007 at 5:24 PM #89190Participant“Now after looking at well over 100 homes”
I’m still stuck on the fact that you’re Realtor has shown you 100 homes! Hell, he’s spent a boatload of his own dough just driving you around. I don’t think he would try and screw you over after all that but he should submit any offers you want to write.
The bottom line is, work out the numbers and submit the offer you are comfortable with. It may be low and it might not get accepted but stick to your gut feeling and don’t let your emotions talk you into a bad decision. If your Realtor has a problem than get another one… they’re everywhere!October 15, 2007 at 5:26 PM #89184ParticipantThanks, nice of you to say so.
October 15, 2007 at 5:26 PM #89193ParticipantThanks, nice of you to say so.
October 15, 2007 at 5:56 PM #89194raptorduck
ParticipantFirst off I have worked with two realtors, one here, and one down there. Both are female. Second, the 100+ homes is Bay Area and SD. My examples were from houses up here and in SD.
For the record, on my 3 weekend trips to SD to look at homes, I drove on two of the occasions. Quite honestly, I also picked a less experiencd realtor knowning she would have to tolerate my patience in actually buying and selectivity on what I want. I figured her hunger for a commission higher than she is used to would motivate her. It has. I won’t knock on her. She is doing a great job for her experience level. Any ingorant moves, decisions, observations are strictly my own. I think she is doing the best job she can to advise me. I have nothing negative to say about her, I knew what I was getting and can’t say the same for her. She is sticking with me after 45 SD homes viewed to date. At some point she will get a six figure commission as a result. We work together. I find homes on the net and send them to her or vice versa and we decide whether to view them. It is a partnership that is working for me. I am not a passive client, I act as her partner as an involved client. And after the effort she has put in, I will not reward her by changing agents. I sought her out, found her and contacted her. I knew what I was doing. I will not blame her for things that are, in the end, up to me. I will stick with her until I buy or until she tires of me.
The point of my post was that the selling agents “scared” me away “before” I could write an offer. Yes, that is a product of my little rules. But once I detect some game playing or arrogance I just don’t want to play anymore. I don’t have to. Maybe it is because the last time I bought a house I acted desperate and uninformed and overpaid as a consequence. This time I am lucky, I can take 2 years to find the right house with no difficulty. If I find one tommorrow at the right price I will buy it. I thought I did a couple times, but you saw what happened.
To me the most blatent and obvious case of selling agent stupidity was the house with the electronics. The rest are what they are and I can only speculate what really went on. I did not write actual offers, so will never know. My fault, but I am ok with that. In the case where I did write an offer, we never got to terms. That is bidness.
In the short time I have been on this board, I have learned a lot from you all. You know my situation and what I am doing. I have been reading other on-line info and gathering stats etc about my desired markets. My goal is not to be a brilliant home buyer this time around. It is to be a less stupid one than the last time.
October 15, 2007 at 5:56 PM #89203ParticipantFirst off I have worked with two realtors, one here, and one down there. Both are female. Second, the 100+ homes is Bay Area and SD. My examples were from houses up here and in SD.
For the record, on my 3 weekend trips to SD to look at homes, I drove on two of the occasions. Quite honestly, I also picked a less experiencd realtor knowning she would have to tolerate my patience in actually buying and selectivity on what I want. I figured her hunger for a commission higher than she is used to would motivate her. It has. I won’t knock on her. She is doing a great job for her experience level. Any ingorant moves, decisions, observations are strictly my own. I think she is doing the best job she can to advise me. I have nothing negative to say about her, I knew what I was getting and can’t say the same for her. She is sticking with me after 45 SD homes viewed to date. At some point she will get a six figure commission as a result. We work together. I find homes on the net and send them to her or vice versa and we decide whether to view them. It is a partnership that is working for me. I am not a passive client, I act as her partner as an involved client. And after the effort she has put in, I will not reward her by changing agents. I sought her out, found her and contacted her. I knew what I was doing. I will not blame her for things that are, in the end, up to me. I will stick with her until I buy or until she tires of me.
The point of my post was that the selling agents “scared” me away “before” I could write an offer. Yes, that is a product of my little rules. But once I detect some game playing or arrogance I just don’t want to play anymore. I don’t have to. Maybe it is because the last time I bought a house I acted desperate and uninformed and overpaid as a consequence. This time I am lucky, I can take 2 years to find the right house with no difficulty. If I find one tommorrow at the right price I will buy it. I thought I did a couple times, but you saw what happened.
To me the most blatent and obvious case of selling agent stupidity was the house with the electronics. The rest are what they are and I can only speculate what really went on. I did not write actual offers, so will never know. My fault, but I am ok with that. In the case where I did write an offer, we never got to terms. That is bidness.
In the short time I have been on this board, I have learned a lot from you all. You know my situation and what I am doing. I have been reading other on-line info and gathering stats etc about my desired markets. My goal is not to be a brilliant home buyer this time around. It is to be a less stupid one than the last time.
October 15, 2007 at 6:47 PM #89208ParticipantRaptorduck,
Thanks for the honest scoop on your situation. Good for you for giving your agent the dignity that you have. Buying RE is always a process. What you have shared of your’s so far, and my experience tends to make me think that if you don’t give it a break for a while, you will be in business soon.
I for one hope you continue to keep us posted.Best wishes,
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