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Old 02-11-2014, 01:02 PM
 
Location: Los Angeles
192 posts, read 326,211 times
Reputation: 88

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Quote:
Originally Posted by MikeJaquish View Post
Visiting open houses would get you into a very small percentage of the inventory available here.

What is the advantage for a buyer to arbitrarily limit their selection like that?
Hey Mike,

Not saying to only target open houses but do your own research on the MLS to see what's available. If open houses aren't available, make appointments to view yourself.

That's what I did and would do to figure out for myself what I liked or disliked.
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Old 02-11-2014, 01:05 PM
 
Location: Madison, AL
3,297 posts, read 6,262,951 times
Reputation: 2678
Quote:
Originally Posted by MikeJaquish View Post
When your client misses a material defect or fact, would you mention it even though you were ordered to keep your trap shut?
Would your E&O company prefer you mention what you see that the client did not notice?
I'm talking about in regards to showing homes and what homes a client wants to see, which is what they were discussing, which I thought was obvious.
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Old 02-11-2014, 01:06 PM
 
Location: Cary, NC
43,264 posts, read 77,043,330 times
Reputation: 45611
Quote:
Originally Posted by calbear629 View Post
Hey Mike,

Not saying to only target open houses but do your own research on the MLS to see what's available. If open houses aren't available, make appointments to view yourself.

That's what I did and would do to figure out for myself what I liked or disliked.
OK.
But that is not at all what you posted.
And if your local market is soft, you can probably see a lot of inventory over a period of time.
We are in a position where waiting for the weekend costs a lot of people the chance to see a lot of homes.
It is not at all uncommon to see a house sell in 24-72 hours.
And only Realtors have MLS access here, so getting into the MLS is harder for almost everyone here. They have to rely on scavenger sites like Z or T, etc, or IDX sites. Often with incomplete information and delayed postings.

I know a lot of people do the Open House thing, with all defenses up against the agent who is only there to generate buyer leads. And, while that can be mildly amusing, people who are looking to buy a house usually are more aggressive than Open House tourers.
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Old 02-11-2014, 01:15 PM
 
Location: Los Angeles
192 posts, read 326,211 times
Reputation: 88
Quote:
Originally Posted by MikeJaquish View Post
OK.
But that is not at all what you posted.
And if your local market is soft, you can probably see a lot of inventory over a period of time.
We are in a position where waiting for the weekend costs a lot of people the chance to see a lot of homes.
It is not at all uncommon to see a house sell in 24-72 hours.
And only Realtors have MLS access here, so getting into the MLS is harder for almost everyone here. They have to rely on scavenger sites like Z or T, etc, or IDX sites.

I know a lot of people do the Open House thing, with all defenses up against the agent who is only there to generate buyer leads. And, while that can be mildly amusing, people who are looking to buy a house usually are more aggressive than Open House tourers.
My mistake, should have been more clear. Completely understand and have definitely been there. So cal, specifically here in west LA, is extremely competitive but at the same time, a lot of buyers here are savvy and know exactly what they want without having places presented to them. Unless it's something off market, that would definitely be a plus.
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Old 02-11-2014, 01:25 PM
 
Location: Cary, NC
43,264 posts, read 77,043,330 times
Reputation: 45611
Quote:
Originally Posted by arwenmark View Post
When I have wanted to buy a house I have looked for myself, online or driving around and then went to see those houses I had selected, with an agent. ...

I would NEVER go to an agent and say I want a five bedroom house with three baths on a corner lot, etc. and wait to see what they want to show me. To me the agent is there as an escort, [the quieter the better] and to do the paper work efficiently. Sorry not meaning to offend any of the agents here but that is how I feel about it.
Quote:
Originally Posted by LCTMadison View Post
I'm talking about in regards to showing homes and what homes a client wants to see, which is what they were discussing, which I thought was obvious.
Actually, the far more interesting point was naively considering agents as an escort service and expecting them to keep quiet about the houses.
And I thought it obvious that that was the source of 495's disagreement.
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Old 02-11-2014, 01:27 PM
 
3,430 posts, read 4,253,106 times
Reputation: 1633
Quote:
Originally Posted by MikeJaquish View Post
LMAO.

Anyone who refers to legal documents as "Paperwork" to be done efficiently by a deaf dumb and blind person, because of "feelings" needs an agent. Or a legal guardian.
And I'm not offended. Just my "thoughts." "Thinking" is a GOOD habit.
Good term: "Paperwork". Tried and true term. And doesn't it all end up on paper anyway? I've read that, instead of saving paper, the computer has done just the opposite. All my legal documents are on paper.

But I'm going astray here. Back to business. Something else an agent would need is fair knowledge of his/her state's real estate laws. Keep his client from making big mistakes. It's all in the details. Yes?
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Old 02-11-2014, 01:37 PM
 
Location: Cary, NC
43,264 posts, read 77,043,330 times
Reputation: 45611
Quote:
Originally Posted by Hazel W View Post
Good term: "Paperwork". Tried and true term. And doesn't it all end up on paper anyway? I've read that, instead of saving paper, the computer has done just the opposite. All my legal documents are on paper.

But I'm going astray here. Back to business. Something else an agent would need is fair knowledge of his/her state's real estate laws. Keep his client from making big mistakes. It's all in the details. Yes?

Fun conversation with a legal office manager a couple of years ago persuaded me to avoid referring to legal documents as "paperwork." People pay extraordinary penalties for taking legally-binding documents too cavalierly, and referring to "paperwork" encourages that carelessness.

"No job is finished until the paperwork is done" is worth a Bing for Images.
There will be a LOT of toilet shots. People should consider their legal documents a little more seriously than they do Charmin or Cottonelle.

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Old 02-11-2014, 01:39 PM
 
Location: Madison, AL
3,297 posts, read 6,262,951 times
Reputation: 2678
Quote:
Originally Posted by MikeJaquish View Post
Actually, the far more interesting point was naively considering agents as an escort service and expecting them to keep quiet about the houses.
And I thought it obvious that that was the source of 495's disagreement.
And just handling the "paperwork"
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Old 02-11-2014, 01:40 PM
 
Location: Danbury CT covering all of Fairfield County
2,637 posts, read 7,427,019 times
Reputation: 1378
Clients either send me a list of places they have to see, ask me what I think about a property before getting out there or the last option have me decide what I think works best for them
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Old 02-11-2014, 01:45 PM
 
3,430 posts, read 4,253,106 times
Reputation: 1633
Quote:
Originally Posted by MikeJaquish View Post
Fun conversation with a legal office manager a couple of years ago persuaded me to avoid referring to legal documents as "paperwork." People pay extraordinary penalties for taking legally-binding documents too cavalierly, and referring to "paperwork" encourages that carelessness.

"No job is finished until the paperwork is done" is worth a Bing for Images.
There will be a LOT of toilet shots. People should consider their legal documents a little more seriously than they do Charmin or Cottonelle.

Sounds like a computer-worshipper. I've been noticing that, in the past few years, people have stopped saying "it can't be wrong; it's in the computer". Paperwork slows you down and makes you look closer at what you are doing. Catch a lot of mistakes that way.
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