It’s Not Personal….It’s Business And We Need To Protect Our Seller !!!

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I fully agree with this post.  As a listing agent, my responsibility is first and foremost to the seller.  The seller’s transaction is handled properly and professionally.  All information regarding every transaction in the chain of deals is required before we accept an offer.

Via Barbara Todaro (RE/MAX Executive Realty in Franklin, Ma):

After reading a post (written to members only) regarding a listing agent requesting some details from a buyers’ agent about her buyers’ transaction, I thought I’d share my thoughts on this topic.  We are listing agents and have received offers from agents who are anxious to close their buyers on a home.  However, there are facts that we need to confirm in order to protect the seller and prevent a financial disaster for the seller.

Chains of transactions are common today.  When there is a series of transactions relying on the previous buyer to perform, the water can get very mucky very quickly.  How irresponsible of a listing agent to not question the status and to not request to see some documentation of those deals.  One failed step along the way will cause many fallen transactionsThe one at the end, our seller, will take it on the chin. 

Our listing will have to show as pending, and no buyers’ agent wants to be a backup on an existing pending home.  Marketing time will have been lost, and if the seller goes forth and commits to a purchase, there could be a financial loss. 

It’s necessary to request some written documentation regarding the chain of transactions.  We do, and we have not had any problem with receiving the requested information.  It’s not a personal attack on the buyers’ agent.  None of this is personal, it’s business.  It’s good business for a listing agent to protect the interests of the seller.  Don’t take it personally, we’re not questioning your ability, buyers’ agent, we’re confirming the strength of the chain that we’re being asked to rely upon for the success of our transaction.  It’s not personal!!!

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About susanmorrison

After living in Walpole, MA for many years, our family was transferred to the west coast when I was a senior in high school. In 1983, I graduated from Mission San Jose High School in Fremont, California. I am also a 1987 graduate of Providence College with a major in liberal arts and a minor in business administration. I bring to the table many years of sales experience beginning with thirteen years in Corporate Sales at Delta Air Lines. I'm the mother of three children and I'm very active within the Franklin, MA community. I am also a cancer survivor and support the American Cancer Society Charities.

My husband and I have built five homes and I've lived in a variety of other locations including Toronto Canada, Irving Texas and my current home in Franklin, MA. As a result of all my moving around, I came to the conclusion that I was an expert at moving...why not become an expert on the other side of the table? I earned my real estate license in 2004 and believe that I have found my true niche'. I can empathize with my clients on a variety of levels; whether they are buying or selling. And, like so many other good realtors out there, I believe that possessing good communication skills is one of the many keys to success.

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