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 (Howard Hanna Real Estate Services) 8 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 / Woodland Real Estate, Keller Williams fox cities) 8 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 8 months ago

Participate