William's Blog...with a smile!

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North Branch, Minnesota buyers...are you ready?

This scenario just went down this week.

It happened to an agent I know fairly well and respect.

He wrote an offer on a home, a very very good offer.

But, he had not gotten a pre-qual letter like he said he would..."I will get it tomorrow and you can send it to the listing agent."  was his response.

He lost out on the offer.  I over heard two other agents talking and I know that one was the listing agent.   I heard the offer amount and it was less than my friends clients offer. 

The seller had rejected him because he had no confidence that the seller could perform.

 

Moral:

Get into the bank NOW!

Get pre-approved and work towards a full approval.

The perfect house is what many people are looking for.  So be ready and give your best offer the first time!!!

Comment balloon 3 commentsWilliam Feela • February 09 2017 10:30PM

Comments

Good afternoon William,

Come prepared or go home.

Make yourself an astonishing day.

Posted by Raymond E. Camp, Licensed Real Estate Salesperson Greater Rochester (Nothnagle) 5 months ago

It pays to be prepared Bill, this buyer will get his homework in on time next time.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service) 5 months ago

Lookie loo's are  just in the way right now.  If the buyers are not pre-approved yet they are way behind the 8 ball

Posted by Vern Eaton, Realtor 651-674-7449 5 months ago

Participate