Quote:
Originally Posted by birdrgal
I agree with you and there's also another reason why the high end of the market will always use a realtor.
High-end sellers aren't going to want their home FSBO or on Zillow's Make Me Move because they don't want any Tom, Dick or Harry WhoKnowsWho off the street ringing their doorbell or calling their cellphone or cluttering up their Inbox. Many times there won't even be a realtor's sign in front of the house, for just that reason. They want serious potential buyers, not just looky-loo's. They want a paper trail of who is brought (by licensed realtors) to see their house. They know that "Prequalified" is useless. "Preapproved" is what's required. Around here, people don't even get taken through the door for a showing of a high-end home without being pre-APPROVED for the price range they're looking at.
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I can get my dog pre-approved for any amount you like. The only thing that actually works is to have someone pre-approved by a banker assisting the seller. You cannot do that on expensive houses...because monied buyers will not hold still for it.
All you got is the judgement of the RE Agent. If you can talk the talk and walk the walk you can get in to see anything.
I have, by the way, a couple of multi-million clients. If someone wants proof for a showing they generally decline. We almost always get in anyway.