Philadelphia Real Estate Helpful News and Views : What Does a Listing Agent DO There Are Multiple Offers

What Does a Listing Agent DO There Are Multiple Offers

 

 123 contract

 

What to do when you have multiple offers on a property when you are a listing agent  . Let's face it we work for the seller and our  fiduciary duty is to the seller . Our job is to get the best possible price and terms for our seller .In some circumstances the highest  price is not always the best agreement for the seller to take . Terms are also a very important consideration in the acceptance process.  I am not saying price is not important  . Hopefully we get price and terms  possible for our seller .

 

 

  • How much money are they putting down ?
  • What are their qualification ratios ?
  • Who is the lender?
  • Is the lender someone local? (my sellers Googled them)
  • Is it a cash deal ?
  • What are the terms ?
  • Are there inspections ?
  • What are the dates ?

 

 

All these factors and more  come into play when deciding on the best agreement for the seller .When reading a post by Debbie Reynolds she made many good points . As a buyers agent it is wise to call the listing agent and ask if there are other offers . In my humble opinion a good listing agent will advise you what the seller needs without breaching their fiduciary duty . They will also tell you if their are other offers on the table . So you do not waste your time and the sellers without disclosing too much information .  Hopefully the listing agent  is reachable answers phone calls and text messages .Well we did say a good listing agent didn't we . We are all busy aren't we . The smartest think a buyers agent can do is contact the listing agent and let them know an agreement is being sent . If not it may be lost in cyberland

 

 

After the agreements have been reviewed and signed by the seller  . The buyers  agent is called . Which we call here in Pennsylvania offer and acceptance .  I thank them tell them their offer was excepted . There is much excitement and thanks . The buyers agent happily is going to make the call to the buyer with much thanks to me over and over again .

 

 

 

Now comes the difficult part . I need to call all the other agents personally and tell them their offers were not accepted . I could text them or I could let them read it when I put it in the Trend MLS Bright . In my opinion that is not professional .  The agent  worked hard to put together their agreements in the hopes that their clients agreement would be accepted by the seller . I have been in their position many times . They deserve the respect of a phone call so they can personally call their buyer  .

 

 

This to me is the most difficult part of being a Real Estate Agent . Especially with the way the Internet works . I wrote an agreement for clients and was waiting for an answer from an agent who told me she was meeting with the sellers at 4 pm and would let me know  . The buyers called me at 6 pm and said I guess we did not get the house  . He saw on the Internet it was sold . The agent never called me  text me or ever answered my calls to let me know our offer was not accepted . I thought that was so unprofessional    To put me in a position that my buyers knew before me . I was so embarrassed . 

 

I was just getting over the flu . I was exhausted  but I called every agent that wrote an agreement  and thanked them  for their offer and gave them the news  . There was one agent whose offer I was going to close she worked so hard her call was the hardest . Right before I met with the seller an offer the sellers could not refuse was sent to me . The agent I had to call with the bad news was so gracious  I still feel so bad but the other agreement was best for my sellers 

 

 

 

 

As listing agents our fiduciary duty is to the seller . There are some agents who choose to be pretentious.  Be considerate of your fellow  agents as one day you may be walking in their shoes . Buyers and sellers come and go but we are here for the long term . Treat your fellow agents as you would want to be treated yourself. Your reputation in the Real Estate industry is worth more then the money you make in my humble opinion  as it will follow you throughout  all your  Real Estate Career 

 

 

How do you respond to the agents 

when the sellers  accepted  another  offer ?

 

 

hannah williams

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Re/Max Eastern

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Comment balloon 56 commentsHannah Williams • February 17 2018 04:24PM

Comments

We disect  every  offer and pick the top 2,3 or 4.   The present them to the seller. 

or the seller can look at all the offers themselves.

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) 10 months ago

Hannah Williams 

Thank you for sharing your information 

Have a great day.

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 10 months ago

Hannah,

One of my friends does a big spreadsheet with all the items you suggested on this wonderful post, then he goes over it with the seller.  Sorry to hear you have suffering with the flu.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) 10 months ago

Oh no, all of this and the flu. You're a trooper. Hannah.  I like the spreadsheet Alexandra mentions. That would be smart. We always outline each offer, but having them side by side in a spread sheet makes good sense. Hope you're on the mend. D 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) 10 months ago

marti garaughty, abstract art, graphic design, marketing, WordPress consultant

Posted by marti garaughty, a highly caffeinated creative type... (garaughty.com) 10 months ago

I put the decision in the hands of the seller by explaining all the offers, answering all their questions & then giving my opinion. Sometimes, like one I just negotiated yesterday, I explain how an offer that the client likes can be even better. In the case yesterday I suggested my client ask for more DD money to solidify the deal.

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) 10 months ago

There are usually two that go to the top of the pile simply because the price adn terms look so much better at first look. Additional scutiny is needed to make sure there are no loopholes tucked in and to decipher which is better.

As to disclosing other offers, we are to do it unless told to not disclose by the client. I'm pretty sure the COE says that. I will be teaching an Ethics class this summer and will have all those little components straight in my head by then. Thanks for the mention, Hannah.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) 10 months ago

William Feela It was really easy which offer to decide to choose  in this situation

Anthony Acosta - ALLATLANTACONDOS.COM   I appreciate you reading the post

Ron and Alexandra Seigel  Every time I feel better I go to the office Hand in my completed paperwork  -meet with clients -take photos - shop for food - the next day I sleep for two days off and on  .Which is rare as I am insomniac ..Blogging has been difficult as headaches have been blinding . 

Debb Janes EcoBroker and Bernie Stea JD  We know inventory is low all over . I had several listing to deal with . One sold before the ink was dry . My clients Mother passed from the Flu and she came right from the hospital to sign the papers . To be honest our whole first floor of our office is sick  .The weather here is 67 one day and 30 degrees two days later

Thank you all for your kind comments

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

marti garaughty  I am always so honored to be

Featured in

Sharp cookie!

The Art of Marketing You

Thank you so much

Hannah

 

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

I agree that the spread sheet idea sounds like an excellent thing to consider.  It can be a bit overwhelming for sellers, when their agent doesn't carefully explain the differences between different offers.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 10 months ago

Hannah- I love the professional way that you handle the multiple offers. It is a better reflection on the industry when all agents are courteous to each other especially in letting the other agents know about the other offers and when one is accepted. 

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) 10 months ago

Debe Maxwell, CRS  In this situation  the final offer was so clean and way overr asking price  there was nothing to think about  .   My question here is how do listing agents handle the  buyers agents whose clients do not  get  the house ?

Debbie Reynolds  When I read your post  I was  impressed as I was planning to write this post but was to exhausted   . I was surprised  the posts were not featured as these are  issues we deal with everyday  in our industry  . The fact is the buyer  actually called me to thank me  with the permission of his agent  today . We discussed quite a few of the issues that you and I both mentioned in our posts as did the sellers

Thank you for your wonderful post and taking the time to comment

Hannah .

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Because I let them know that the sellers make the decision - it's purely their decision so, the other agents know that I am merely conveying the sellers' wishes/decision.

Funny the the one that I did yesterday brought some anger from an agent that was totally unwarranted - I told him exactly what I mentioned in my first comment, it's not my decision! What I really wanted to say is that his buyers' Offer was the worst of the dozen or so presented!! LOL

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) 10 months ago

Myrl Jeffcoat  In most cases it is an excellent idea . Something that is essential when considering which offer to take .For instance there was an offer with low money down no inspections but a mortgage company that the seller and i were very concerned about . The price however was excellent .

Kathy Streib I appreciate that you understood my message .  So many times agents do not find it necessary to contact the other agents . Personally I find it rude and unprofessional .  They worked hard and deserve an answer . We are all busy that is no excuse to be rude .

Thank you both for taking  the time to give your opinion

Hannah

 

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Debe Maxwell, CRS  Funny you should say that I had a similar situation . The agent wanted to know what the price and terms were which he really was not privy too but I told him anyway . He started an argument with me as his price was the same but the terms were much better ......  I let him rant and rave told him I was sorry . just as you said it was the sellers decision  actually it was a no brainier 

Thank you so much  for your opinion is greatly appreciated

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Hannah, I haven't had a bidding war on any of my listings. Sorry to hear you've had the flu. Hope yor are feeling better just knowing you have the property uder contract now.

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty, Martha Hilton, Broker) 10 months ago

                    

                        Thank you Hannah Williams 

Posted by Kathy Streib, Home Stager - Palm Beach County,FL -561-914-6224 (Room Service Home Staging) 10 months ago

Good evening Hannah Williams ,

Hope you are feeling better..the flu is never fun and worse this year than years before. Great post and glad to see Kathy Streib featured it in her series tomorrow!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) 10 months ago

Hannah, for me it is always hard to break the news to those who missed out....I find it has to be a call, text and email just does not cut it...I want to work with these agents again in-spite that they and their clients missed out, Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 10 months ago

Morning Hannah.

This has inspired me to write a post about an experience I had last year.  We'll see how it turns out, Carol Williams here is another one

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty AR LLC) 10 months ago

Good morning Hannah. This is a terrific post and should be featured in my view. I agree that making that call to the agents whose offers did not prevail is really tough, but it requires the courtesy you would want.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) 10 months ago

Hi Sista,
Nice post about Multiple Offers, which is quite common these days.  I liked that you addressed the issue about the listing agent telling the buyers agent what the sellers need without violating their fiduciary duties.  It IS in their clients best interest for the buyer's to know what will be acceptable or not, isn't it?  This can be done without violating any confidentiality responsibilities. 

Also, sorry to hear you have been sick.  So glad you're doing better.  Lots of nasty stuff going around this year!  Knock on wood, I've been lucky to escape it so far.  Hope to keep it that way.

Posted by Carol Williams, "Customized Mentoring & Marketing Services" (U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business.) 10 months ago

Rebecca Gaujot  I put the listing in on Monday made a mistake on the price before putting the pictures in and had appointments . Raised the price by $4000  asked the support staff to check if the agents still wanted to see Yes was the answer The offers were overwhelming  . One of the sellers was a DR giving a lecture in Europe and did not want to Doc u sign said it could wait until his return on Friday.

Thank you for your well wishes 

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Thank you Kathy Streib I am honored .

I think this is a first for me

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Endre Barath, Jr.  I am not surprised you are a class act in my book . So many agents Ignore the agent who lost out. You are so right Endre.We will work together again or with someone in their office . It just takes a few minutes to be respectful of the hard work they put forth .

Thank you for your valuable opinion always means so much to me

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

James Dray  I am looking forward to reading your post

Sheila Anderson  I am so glad you agree as your opinion means so much to me .To ignore the agent that worked so hard is a little arrogant and thoughtless.  in this business agents remember who was considerate . It is hard enough that they lost out I feel I owe them the respect of call .If they get upset with me that is alright  I know I did the right thing

Thank you for taking the time to comment it is appreciated

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Hi Sister Carol-  I did feel it was a waste of their time to bring in offers when they needed to bring more then offers .

It was funny at one point  I was being seduced by a very young handsome agent . He Face-timed me I was in bed  looking awful  with invitations  to dinners and movies when I was feeling better . He was so adorable at the time I didn't have the heart to tell him I was old enough to be his MOTHER...

Thank you  for your well wishes  always appreciated

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Dorie Dillard  This is my second time . Had it in December too .. The headaches are horrible  and of course I was busy .  Every time I went out and felt good had relapse .  The weather here does not help either  bitter cold one day .  Snow today  29 degrees two days ago was 67  .. Wednesday will be 72 degrees then down to 42 the next day --  out first floor office all are sick

Thank you for your well wishes

and forgive me for not commented

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Hannah,

 Excellent blog and I think it is nice and very professional to tell someone that their offer is not accepted and you are correct it is not always about price!

Posted by Yolanda Cordova-Gilbert 10 months ago

Yolanda Cordova-Gilbert  I had so many offers it was overwhelming . I was going to close a deal that was slightly lower but at the last minute 'there was an offer we could not refuse "   I do think it is Important we treat our fellow agents as we ourselves would want to be treated . 

Thank you for your comment your opinion is always important to me

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Hi Hannah

Lots of important information here and a great summary of what has to be done by listing agents. I especially liked what you had to say about communication of the news about the offers that were not accepted. It’s the right and professional thing to do. No one wants to find out by seeing “pending” online! Should be a common courtesy even though it’s not pleasant to do!

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 10 months ago

Hannah I am sure it is a great feeling when you have multiple offers, but I am sure the call to the unsuccessful bidders in not a pleasant one.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 10 months ago

There's never an excuse for rudeness - I don't care how busy someone might be.

Posted by Marte Cliff, Your real estate writer (Marte Cliff Copywriting) 10 months ago

Jeff Dowler  Your input is greatly appreciated . There have been many times that I have had agents not give me the courtesy of phone call to tell me that our offer was not accepted . My calls were ignored as were my text and emails   To busy yes too rude also

George Souto  It was overwhelming . The sellers were excited . Making the phone calls to the agents that lost  out  that was  difficult but I felt respectful  as they did work hard for their clients

Marte Cliff  I agree with you 100%   . One of the agents that ignored calling me had 2 assistance who called me to let me know the listing agent was out of town . She would be presenting the offers on her return in two days . With 2 assistants have them call and let me know another offer was accepted .. Some agents can not help themselves but to be rude .

Thank you for your valuable comments

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Good morning Hannah Williams ,

Debbie Reynolds re-blogged your post and you were featured by the AR gods which was a so well deserved.  treating agents with respect and courtesy for the time they have invested in preparing their offer for their buyers is so important. Nobody wants to lose.

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) 10 months ago

Multiple ofers are the order of the day here...better know what to do with them and HOW to write them !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 10 months ago

Hannah, you make so many excellent points in your posts. I commend you for calling each agent to let them know, absolutely the right thing to do. Your professionalism and kindness will always be remembered especially when the market shifts. I always scratch my head at listing agents that don't follow your process, it won't be a sellers market forever and agents who aren't professional will be remembered too.

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 10 months ago

Dorie Dillard well how do you like that . I am so surprised . Must thank Debbie Reynolds  for the re-blog . I cannot stress enough the importance of how we treat each other . Just takes a few extra minutes and is so much appreciated  by most .

Sally K. & David L. Hanson  With multiple offers as agents we can only write the best our buyers can do /or will allow as to do .  If they do not qualify or have the assets sometimes their best is not enough .

Amanda S. Davidson  So many agents do not even contact the agent with losing offer too busy for such nonsense . Some agents do not even acknowledge the receipt of the offer .  I guess everyone has their own style .

Thank you for all your professional comments they are appreciated

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Good evening Hannah  - you are doing the right thing.  The next time the shoe will be on the other foot.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 10 months ago

Dear Hannah,

It sucks, when you only have one house like it to sell, no? Good for you to let everyone know the news, good or bad. 

Posted by Dörte Engel, ABC - Annapolis, Bowie, Crofton & rest of Maryland (RE/MAX Leading Edge) 10 months ago

your comments are right on!

Posted by Dorothy Liu, Broker Associate, Silicon Valley Area,650-492-0859 (Alain Pinel Realtors) 10 months ago

Hannah,  I think you said it in your comment #15 where you said you listened to the buyers agent's frustration and then you told them it was the seller's decision.

I find going a similar route is the most effective.  It might be more time consuming but it leaves me with no guilt.

I let the angry losing buyer agent get their frustration off their chest.  I let them ramble on and maybe just say along the way, "I hear ya", "I can see your point of view"  or "I might feel the same way".  

Maybe summarize their situation so they know that really listened and understand.

Then just state the obvious, it's out of your control and it's the decision of the seller.  

Most of the time they will end up apologizing for their rant and they'll thank you for taking the time to listen.

Or you can do the quick version similar to the scene from the Fugitive where Harrison Ford confronts Tommy Lee Jones and says that he didn't kill his wife.  Tommy Lee Jones summed it up in three words  "I Don't Care".

https://youtu.be/ZQ11Ws3tqP0

Posted by Tim Maitski, Truth, Excellence and a Good Deal (Atlanta Communities Real Estate Brokerage) 10 months ago

Grant Schneider  The shoe has been on my foot several times  and I know the feeling . That is why I always take those few extra minutes or hours to call the agents who have worked so hard . For some reason I have answered you several times and the answer keeps disappearing ..

Thank you for your comment your opinions are always so valuable

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Yes Dorte   This was a multi unit house what we call a duplex . You can live in one unit and rent the other out or use it as an investment property and rent out both units .

Dorothy Liu  How sweet of you to say . I appreciate your kind words

Thank you both for taking the time to comment

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Tim Maitski  His price was the same but his terms did not come close to the closed transaction.  I like your train of thought and you picked one of my favorite movies .  I really appreciate your professional opinion

Thank you for taking your valuable time to comment

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Nice post and very appreciated. Words of wisdom are ones I'll remember well.

Posted by Anne Corbin, Serving Lake Anna & Central Virginia (Fritz Realty LLC) 10 months ago

It is rare to find identical offers and you point out some very interesting facts to compare Hannah Williams 

Posted by Paul S. Henderson, REALTOR®, CRS, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) 10 months ago

Anne Corbin  I appreciate  your kind words . Hope to hear more from you

Paul S. Henderson, REALTOR®,CRS,  Hello my friend glad you found my post interesting . You have been missed

Thank you both for taking the time to comment

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

I try to keep in mind that it is possible that I will work with an agent down the road. So, no matter what side of the deal I am on, I want to be professional.

That means good communication.

I think we should give a personal call to the agent whose buyer did not win.

Looking down the road is so important.

Posted by John Wiley, Lee County, FL Real Estate GRI, SRES,GREEN,PSA (Right Move Real Estate Group- EXP Realty) 10 months ago

Sellers get excited about mulitple offers but as you point out--it's not all about the money!  Other terms must be considered. I also feel the way the offer is written says a lot about the agent: if it's neat, written correctly with all proper supporting documents--that reflects well on the agent.

Posted by Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area (Better Homes and Gardens Real Estate-Kansas City Homes) 10 months ago

I completely agree. Being rude never pays. It is never acceptable. Thank you for sharing!

Posted by Corey Martin, Real Estate and Management Solutions (Martin Presence Group) 10 months ago

John Wiley  Their time was valuable and they worked so hard without pay . Yes and somewhere down the line we may work with them again .As an agent in my office says" It is good Karma "

Mary Hutchison, SRES, ABR Yes you arE correct as the rest of the transaction may reflect the actions of the buyers agent

Corey Martin  So many agents these days do not think that way . They are much too busy to make a call or even a text .....  It will not always be a sellers market

Thank you for taking your valuable time to comment

Hannah

 

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 10 months ago

Great post and yes it is hard when everyone is filled with hope for their clients. Having good relationships with different agents helps.

Posted by Nick & Trudy Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 9 months ago

Nick & Trudy Vandekar, 610-203-4543  I know how I feel when I submit a good offer . My buyer is anxiously waiting  for an answer . Once when I wrote an offer the buyer saw it on the internet and called me .  We should not treat each other so unprofessionally

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 9 months ago

Hannah, Nice post. If there are more than a couple offers I usually put it in a spread sheet for the sellers. Terms of the loan, closing date, due diligence and earnest money. They're all factors in the decision. I've handled notifying agents in a couple different ways. If it is just a few, I call them if it isn't too late. However, sometimes there are many and I've sent the same email so everyone knows at the same time. I'm fine with receiving a text or email as long as I'm notified. A call is nice because you can ask what you could have done different and let your clients know. I've been in a situations where I wasn't told and found out via it being changed as contingent/pending. That is a bit rude for certain.

Posted by Carla Freund, Raleigh - Cary Triangle Real Estate 919-602-8489 (Keller Williams Preferred Realty) 9 months ago

Carla Freund  Great way to help the seller decide . I also have been in the situation where I was not informed my offer was not accepted and found out by my either my buyers seeing it was pending or seeing it changed in the local MLS system .  Never being contacted by the listing agent I found it being very rude also . I promised myself I would never do that to another agent .

Thank you for your professional comment

Hannah

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 9 months ago

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