What Happens If You Do Not Hire a Sacramento Realtor with Experience
Ever wonder what happens if you do not hire a Sacramento Realtor with experience? Well, here is a good example. While reviewing multiple offers on my East Sacramento listing last evening, It got me thinking about some of the sour grapes responses from buyer’s agents who had made offers. One of the agents called a bit upset. Muttering that he had called and texted about his offer, submitted the day before, and had not yet had a seller response. I explained that the seller had no obligation to respond to his offer. Additionally, that the MLS disclosed the seller is out of state so instructions were to give plenty of response time. His offer was a low offer price compared to the pile of top offers we had.
There is a definite benefit if you hire a Sacramento Realtor with experience, especially a team like Weintraub & Wallace, with 80 years of combined experience. Our exclusive Weintraub & Wallace buyer’s agents write offers to win by using a carefully designed strategy. I informed this agent that the MLS agent confidential remarks disclosed that there were multiple offers, and we were multiple-countering the top offers, so in fact, he had previous access to the information. Not a word more was uttered about his offer. He said a swift goodbye and hung up. Some agents will blow up your phone, rather than read. It is sad but true!
When should you hire a Sacramento Realtor with experience? Every step of the way! This agent said if had he known there were so many offers, he would have written a better offer. Well, that’s not an effective strategy, I blurted out, If your buyers wrote their highest and best offer, you could have been in the top offers. This agent acted like I should help him to win the offer process. I guess it slipped his mind that I work for the Seller exclusively.
It is not ethical to give a buyer’s agent an advantage over another agent. We treat everyone equally as it is written in our National Association of Realtors “Standards of Practice.” When you’re selling East Sacramento real estate, you must understand that it is a very popular place to live. There are several ways a Sacramento real estate agent could win in the offer process
One way to compete and win is to remove the appraisal contingency. This means that if the bank providing the buyer’s loan, doesn’t appraise the property for as much as the offer price, a buyer has to pay the difference between the loan amount and the listing price. An example: if your offer is $ 565,000 and it only appraises for $ 550,000, a buyer would have to pay the $15,000 difference, in addition to their down payment. By the way, the agent who was sour grapes, I also left him a message reminding him he could amend his offer. Another agent did just that amended her offer and now she is one of the top offers.
Just because an agent does not receive a multiple seller counter offer, an agent can always send over a higher offer as it is never over, until an East Sacramento listing is pending. An agent is duty bound to present all offers to the Seller during the listing period. If you want to win the offer process hire the Weintraub & Wallace team because it always pays to hire a Sacramento Realtor with experience.
— JaCi M. Wallace