My Monday |
One of the drawbacks to being the designated broker is the mountains of paperwork that come with receiving 10 offers. I have to account for them. Sign off on them. Make sure the right signatures are obtained. And that's for the rejected offers!
I spent Monday morning combing through the 9 rejects, making sure I was sending the right seller-acknowledged rejected offer to the correct buyer's agent. I wrote notes with all of them, thanking them for their offer. When I thought appropriate, I gave feedback that I hoped would set their buyers' expectations. Buyers tend to blame their agents when they don't get their dream home. Knowing they lost because their very own loan officer told me it wasn't "realistic" to expect the loan to close by mid-September or (in another case) the loan officer said they are using a down payment assistance program and/or only offering the purchase price was not going to get them into this cute little condo.
Every agent thanked me--which was nice. A lot of times there is an agent (or three) who get kinda pissy.
Additionally, I had offer number 4's agent call me. He's the one whose buyer offered money to the seller (the "tip"). He asked what he could have done differently. I could tell he took this one personally. I shared with him that it is my experience sellers don't always care about buyers paying their closing costs. They want the most money with a lender who can close the deal. In his case, this particular buyer had an out of state lender and a long closing date, neither of which appealed to my seller.
The buyer's agent and I chatted for a bit, and he asked if he could take me out for a glass of tea sometime and pick my brain. Sure! Here's to new friends.
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