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Owners of high end properties have good reasons to request accompanied showings.
Hi Barbara --- it depends on the property and the seller.
As I answered on your post -- I typically use lockboxes but I have accompanied showings based on client need or a particular kind of property. For me it doesn't necessarily mean only higher end properties. It can work quite well with the proper expectation of the seller as well as the selling agents/buyer.
Good communication on all levels is important.
Yes Barbara especially more expensive homes, 2nd showings and cases where many questions are asked. How about for your listings and team? Do you ever accompany?
Barbara Todaro - Unless it's unique home and on higher end, I think it's okay to have a lock box. Plus buyers prefer it to watch with their agent and sometimes they feel uncomfortable when listing agent is around.
Barbara, I had one seller that required me to be at all showings, and the home was listed for $850,000. Most of the luxury homes over $1 million require this.
We accompany if our sellers want us to...
I don't mind it at all if it is a high end property and there are times that is has come in handy when we had questions. Other times I have had agents meet me and totally stay out of the way during the showing and that was fine too. So other than the coordination it is no problem.
It depends on the home. For luxury properties here on Kauai the answer is almost always yes. And for average-priced homes I do when there are unusual details for the listing that are likely to evoke questions the listing agent would answer best. For example I recently sold a manufactured home and those are very rare here. Answering the questions at showings is what got it sold to a good buyer.
When representing a buyer, I don't apprecate the listing agent being present. It really is overkill. Buyers want to be able to go through a home at their own speed, poke their noses in cupboards and closets. Having a listing agent present deters buyers from exploring the home.
Mostly it keeps some sellers happy. On some rare listings where certain home details are not obvious, it could also help.
No, best leave it to the buyer's agent. Too distracting to have the seller's agent there.
Maybe in high-end properties, Barbara. In NYC we always showed our listings to buyer and their agent. Not so here in Charlotte and if I showed up they'd be gob-smacked!
Barbara, I find INCREDIBLE value being present for showings.
My role, the one the seller is PAYING me for, is to be of the greatest benefit possible to the SELLER, not the buyer or their agent.
In Saint Petersburg FL is the Salvador Dali Museum. As visitors accompany the docents on their rounds. the visitors appreciation of the artist, their value of the artwork increases as they come to know more about the artist. That familiarity translates DIRECTLY to VALUE.
To forfeit the opportunity to communicate the value, to create familiarity, of the house, the back story of the house, the attributes of the house, to the buyer agent is CRIMINAL.
And on another level, the feedback you can provide the seller from direct observation is far more valuable than the words of the buyer agent. And, if you have the trade craft to engage in conversation, you can identify if their exists a problem that can be solved that may not be in the buyer agents set of tools.
Do I see value? You bet!