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I will be relocating for work. I'm a full day's drive away from where I will be moving. I've seen a couple properties in the area during Open Houses and I'm ready to start making offers. I will have to close the entire deal completely from afar. Do buyer's agents like or dislike taking on long-distance clients like me?
I will be relocating for work. I'm a full day's drive away from where I will be moving. I've seen a couple properties in the area during Open Houses and I'm ready to start making offers. I will have to close the entire deal completely from afar. Do buyer's agents like or dislike taking on long-distance clients like me?
It is not an issue to work remotely, and much better when the agent has met you, and you are familiar with each other.
It is good if you can be at inspections, because you learn more talking with inspectors in person.
Are you proposing to buy a property you have not seen, and depending on the agent to be your eyes?
That is much less comfortable for the agent.
But, buying and closing remotely is not all that difficult.
Digital life makes distance irrelevant in many respects, whether you are 3 miles or 300 miles apart.
Are you proposing to buy a property you have not seen, and depending on the agent to be your eyes?
That is much less comfortable for the agent.
Relocation clients are standard for many of us, that's no problem.
What Mike said... I would be extremely reluctant helping a Buyer who's never seen a home.
What I think is good is so much different than what you might think is good.
They'll far prefer clients to be company based relocation specialist referrals.
Anyone else is at best ... iffy.
Referrals from a relocation company are not always sure things either and they often come with a hefty referral fee attached. In the end, it's the same amount of work for less money and only slightly more of a sure thing any other buyer. I wouldn't say I prefer one over the other personally.
Quote:
Originally Posted by MikeJaquish
It is not an issue to work remotely, and much better when the agent has met you, and you are familiar with each other.
It is good if you can be at inspections, because you learn more talking with inspectors in person.
Are you proposing to buy a property you have not seen, and depending on the agent to be your eyes?
That is much less comfortable for the agent.
But, buying and closing remotely is not all that difficult.
Digital life makes distance irrelevant in many respects, whether you are 3 miles or 300 miles apart.
My thoughts exactly. I don't want a buyer who will put in an offer sight unseen because I'll likely be canceling a lot of contracts. If you can make trips to your destination for house hunting, inspections, etc. then your agent will be happy to have you. In this world of electronic signatures, Skype, etc. distances are a lot less relevent.
Choose a local agent/broker to the property with relocation experience, many years of experience, and tech savvy. You do not want to be their first test subject with a new inexperienced tech adverse...
Do you have a local Realtor friend that can make a referral for you? They will call a few and interview them for you.
Have you signed an agreement with a buyers agent there to represent you?
No, I haven't yet contracted with any buyer's agents (in my new city or my current one). I was waiting to know for sure if I'd be relocating or not. I now have official word and can proceed. However, I won't get a relocation specialist since relocation is at my own choice/expense. I'm a single guy, and everything I own can fit into a couple trips with a U-Haul trailer. Not a big deal.
Quote:
Originally Posted by MikeJaquish
Are you proposing to buy a property you have not seen, and depending on the agent to be your eyes?
I've been to many weekend Open Houses own my own. I have found two solid properties to begin making offers. I have a third back-up property, and would consider about two or three others in case the rest fell-though.
Quote:
Originally Posted by 2bindenver
Do you have a local Realtor friend that can make a referral for you? They will call a few and interview them for you.
I don't have a referral. However, I've done all the scouting on my own, and I will be making full-cash offer on the property I buy. Hope that makes a difference. I will call a few buyer's agents and ask them about their experience with long-distance clients. Thanks.
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
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Almost all of my buying clients are long distance. It's not a big deal. When it comes time to actually enter into a contract, we tend to choose an escrow company that has offices near to the buyer for their convenience. The electronic age has certainly made the distance not really matter.
I am nearing the end of a relo>new home transaction. I am in Denver, the buyer is in Juno. I stopped by the house every week and took photos. We had the house inspected 3 times at different stages.
He won't be here for closing either, so it will be what is called a mail out.
All is progressing well and when he comes here he will be home.
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