William's Blog...with a smile!

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Get pre-qualified!

Well, it was bound to happen.

The clients loved the property.

They are ready to make an offer.

"Where is your pre-approval?"

They had not gone to the bank yet like they said.

So to teach the lesson, I did the offer without a preapproval.

 

SHOT DOWN FLAT!

 

Buyers very disappointed.  I told  them we will not look at homes until they go

to the bank and I took them there!

The got qualified for more than they thought they would and would have won the bid on the house

had they followed my  instructions.

 

DON'T EVEN LOOK AT HOMES FOR SALE unless you know what the bank has had to say!!!!

 

Comment balloon 11 commentsWilliam Feela • September 08 2018 12:07AM

Comments

Now that was a good way to get the point across William.

 

Posted by Gloria Todor, & Doug Durren (484) 431-3686 in SE PA (Century 21 Absolute Realty ) 2 months ago

Good day 

Thank you for sharing your information with us 

Have a great day.

09/07/18. 

Posted by Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® ) 2 months ago

William, hope that does not happen often, as this is not the way to win the bid.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) 2 months ago

 Sometimes I think I am preaching to a empty church when I tell about the importance of preapproval letters William...

Posted by Paul S. Henderson, REALTOR®,CRS,, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) 2 months ago

That's a lesson most of us relearn several times William Feela .

Posted by Bob "RealMan" Timm, Bob Timm, Project Coordinator for Tivoli Homes (Tivoli Custom Homes) 2 months ago

"DON'T EVEN LOOK AT HOMES FOR SALE unless you know what the bank has had to say!!!!"  That's an important message, William!

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 2 months ago

Morning William.

I had that happen to me twice.  That was years ago, now if they don't have that letter they don't get to look.

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty AR LLC) 2 months ago

So logical... never could understand why some home buyers resist taking this first step first.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage | Charlotte, NC) 2 months ago

Sometimes it takes a hard lesson for people to listen to what we say.

Posted by Vern Eaton, Realtor 651-674-7449 2 months ago

Hard lesson to learn but hopefully one they will not forget.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) 2 months ago

Every so often an offer gets noticed without the preapproval but will have to say more times than not, it is a waste of everyone's time.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) 2 months ago

Participate