Why You Should Meet At the Office Better Service Safety
Fewer Problems and Unexpected
Surprises
Most states, if not all, require some sort of disclosure
to be made about agency and/or fair housing.
Agency deals with who is being represented. The buyer has the right to know whether or not they can or are
being represented. In most cases, to
be fully represented, some sort of contract must be signed. Can a contract that obligates a buyer,
maybe for as long as six months, be adequately explained in five minutes in
front of a house. If the agent is
just saying, “I need you to sign here,” they are abandoning their obligation
to deal with all parties fairly and honestly, and if that buyer becomes a
client, they may be abandoning their obligation to look out for the client’s
best interest before the relationship even starts. |
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This is also an opportunity to explain the entire process
from beginning to end. Even if a
buyer has purchased a house before, it is likely that a lot has changed since
they made that purchase. What happens
if you find the perfect house and the buyer doesn’t have money in his or her
checking account to make a downpayment, or money to pay for the home
inspection. The initial meeting is
the ideal time to tell buyers when things are going to happen, when they will
need money and how much and any other advance preparations the buyer will
have to make in the sales process.
The agent may also want to qualify the buyer to see what they can
afford, or even arrange a meeting with a loan officer, so the buyer can be
pre-approved. Why waste time looking
at houses that the buyer can’t purchase? One other issue that everyone should be concerned about is
safety. No matter who you are in the
transaction, you are probably meeting a total stranger for the first
time. Where would be the best place
to do that? Agents will say things
like, “I heard kids in the background, so I thought it would be OK.” Do they think crooks turn honest when they
have kids? It’s probably the kids
that turned them to a life of crime (just kidding). Or it might be someone else’s child in the background. No sale or purchase is worth risking your
safety over. An agent in Georgia was recently kidnapped and
murdered. While that doesn’t make the
job as dangerous as driving a cab or working in a convenience store, it
should encourage all parties to take some common sense precautions. The greatest precaution available is to
meet in the agent’s place of business.
That’s a risky move for a criminal, because there will be too many
witnesses, and the criminal’s chance of getting caught would be much
higher. Most criminals will move on
to an easier target. ©2000, 2001, 2002 Quarry-Pyramid, Inc. |
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