Quote:
Originally Posted by North_Pinellas_Guy
Have you suggested to any of your buyers to rent instead of buy for now, if they are not sure they are going to stay in the house for at least 10 years or so.......so they do not end up in the awful scenario you rightfully are concerned about?
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Who is "sure" of anything more than a few years out? Not many people, I would propose. Recommending a ten+ year plan may be misleading, too.
Yes, the rent vs. buy conversation is common, and graciously agreeing with someone's analysis of their needs and their decision to rent is just better business than pushing for a quick pop.
Anyone feeling pressured to buy should immediately separate from the agent, terminate the agency agreement.
Quote:
Originally Posted by rnc2mbfl
If there is a commission to be made, who in their right mind is going tell someone not to buy? ...just sayin'
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Seriously?
There is enough competition for business locally that consumers don't ever have to choose to do business with predators who try to create buyers, or try to create buyer urgency under the guise of fiduciary service.
Plenty of ethical people "in their right minds" will give good guidance before worrying about commission, in recognition that good service lets them sleep at night and provides more income than greed ever will. ...just sayin'
One of the important lines of questions any consumer should ask of a potential buyers' agent is:
"Can you afford to work with me if I don't buy right away?"
"Can you afford to be in business?"
"If I don't buy next month, can you pay your bills?"
I mentioned this to a prospective client last month, and that she should never hear about the costs of being in business from an agent who can afford to be in business, whether that is cell phone expense, cost of gas, etc.
Her mouth fell open, and she said that the agent she had just fired had done exactly as guilt tripping. Sent her a nasty email, "But we spent money on gas showing you houses!"
LOL "Underfunded Predator Alert!"
I spoke with a woman yesterday who has the itch and told her that I believe that the most compelling reason to own is to have no mortgage in 20-25 years, to go into retirement without a mortgage payment.
Price and interest rates will not keep her from accomplishing that if she buys next year, or in 3-5 years when the kids are out of school.
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