Hypothetical

Started by MTH
over 1 year ago
Posts: 469
Member since: Apr 2012
Discussion about
Let's say a prospective buyer calls a broker about a place, asks him to set up a viewing. The broker says 'Sorry, that place has an accepted offer'. The prospective buyer contacts the seller's broker directly because the place was listed only a week ago and it seems strange because he was told the same thing a couple days ago about another place (accepted offer). The seller's broker says 'I've had... [more]
Let's say a prospective buyer calls a broker about a place, asks him to set up a viewing. The broker says 'Sorry, that place has an accepted offer'. The prospective buyer contacts the seller's broker directly because the place was listed only a week ago and it seems strange because he was told the same thing a couple days ago about another place (accepted offer). The seller's broker says 'I've had an offer but it hasn't been accepted, we're still showing'. The prospective buyer contacts his broker, the broker says 'OK, let me contact the seller's broker again to set something up tomorrow' and then later 'Sorry they can't show tomorrow. They can show at the open house but I'm not sure I can be there because I have my own open house on that day - I'll let you know in case I don't have anyone sign up'. For some context: it's a tiny studio, not a mega-million deal. What is going on here? Is it just a case of a smaller budget buyer taking a back seat to bigger deals? [less]