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Only for the public and if your RE puts you on Listingbook, you can continue to see what is happening to the property.
Not entirely true on the removal from mlsli from the public. There have been many times that I have sat at the computer and on mlsli and call the listing realtor about a house and they tell me its under contract, meanwhile I'm staring at the dang thing online. This happens more frequently than you think. And its not coming from one real estate office, it happens with different ones. This in itself is very frustrating.
How can you tell for sure if a house has an offer and its not just a trick to get you to offer more? I'm not asking for a specific house, I'm asking in general.
Yes...could be true there are offers on it - - but most are likely "severe" low-balls that are probably not even being considered at this point since the house is still being shown. So, take a look at the house, and if you like it put an offer down on it what you would be willing to pay....you shouldnt care about other offers as there are always other houses.
Remember, this is still a serious Buyers Market no matter how much Government propping up/intervention there is.
I looked at a foreclosure a few months ago. The house was pretty much gutted. The RE agent said, "I have several full asking offers". I laughed. My wife laughed. The agent grimmaced. Of course, the house is still sitting there.
you could think that, but you could be wrong about the house.
for 1, some banks move slowly on anything. the offers can sit on someones desk for a month without blinking. They may hold off for a higher offer. A lot of true bank owned houses that are in bad shape can be listed low and the "winning" offer is over list. If its a short sale, etc there can be issues with the second leinholders.
I guess my point is, a house isn't sold until its sold, and there are plenty of good reasons in todays market why something is still "listed" but there are accepted offers.
When my house was being shown, for the first two weeks, although I had an offer on the table, we had the house shown, and really no mention of the offer in order to not scare away potential buyers. 1st offer was low, second, and third offers were more in line. An offer might not mean a good offer, either on price or terms.
Not entirely true on the removal from mlsli from the public. There have been many times that I have sat at the computer and on mlsli and call the listing realtor about a house and they tell me its under contract, meanwhile I'm staring at the dang thing online. This happens more frequently than you think. And its not coming from one real estate office, it happens with different ones. This in itself is very frustrating.
Brokers are required by mls rules to promptly update the status of a listing. Once a listing is under contract it should no longer appear on mlsli.com. There are agents, however, that drag their feet so that they can get more buyer leads from the listing, even if the home is already in contract.
I think if you make an offer, and the realitor gets back to you, the house never had an offer on it!
I called a RE agent Sunday to ssee a house and was told there are several offers on it, so I said "Thanks" and went to hang up. She stopped me and asked if I want to see the house. I said, "Why? You have offers"
She stammered and tried backtalking. I mean, if you're gonna lie, at least get good at it.
She may have been just being honest with you. Just because there are seveal offers does not mean that any of them have been accepted.
She may have been just being honest with you. Just because there are seveal offers does not mean that any of them have been accepted.
Or maybe she's just lying. We went to an open house when rainy cruddy Saturday and no one was around. We just got there as the open house started and the RE told us they already had 3 couples visit and all gave offers above asking price. Um yeah sure. You just opened the house, I just saw you do that. I just didn't realize that all 3 couples had their invisibility cloaks on. Where can I get one of those?
I think its more the fact that some RE's think that Joe Public is as dumb as nails.
Or maybe she's just lying. We went to an open house when rainy cruddy Saturday and no one was around. We just got there as the open house started and the RE told us they already had 3 couples visit and all gave offers above asking price. Um yeah sure. You just opened the house, I just saw you do that. I just didn't realize that all 3 couples had their invisibility cloaks on. Where can I get one of those?
Bobs, you never heard of Ninjas shopping for homes in their invisibility cloaks? They need somewhere to live too!
Quote:
Originally Posted by thebobs
I think its more the fact that some RE's think that Joe Public is as dumb as nails.
Do you think they are genetically connected to politicians?
I had a similar situation and felt both agents were working against me since the agent I was dealing with was not a buyers agent. I made an offer and within 5 min he called back and said the offer was refused. I could not believe that he made the offer to the other agent, the agent contacted the owner, refused the offer and back to me in 5 minutes.
I went to his office and asked him there to contact the other agent with me there as well on speakerphone. He did and he was right. I know it was a silly thing to do but I wanted to be sure that my offers were in fact getting to the owner.
I ended up buying the house and bought a few other homes via this real estate agent. After he put up with my BS, I've been loyal to him. It comes down to finding a real estate agent you can trust.
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I said, "Why? You have offers"
