John Mosier, Prescott's Patriot Agent  928 533-8142 (Realty ONE Group Mountain Desert)

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Rainmaker
1,432,132
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

You can tell them off but you should then write them off as a future source of business.  

Jun 01, 2015 07:21 AM
Rainer
19,626
Rose O'Reilly Sievers,CRS,SRES
Carlsbad, CA

It is better for us ask the buyer to get the address of the property they are selling.  At least you could have checked in zillow or realtor.com to see if they were telling the truth. It is frustrating, when we waste our time with no pay. There are times,  I wish we could charge $75.00 per hour for consulting

Jun 01, 2015 04:08 PM
Ambassador
5,763,029
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi John, sometimes people are just not considerate of our time. Sounds like this guy was just trying to use you to leverage his partner to buy him out.
It's generally not worth your time to pursue it I would just walk away.
Bob

Jun 01, 2015 02:44 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't keep them for long.

Jan 19, 2019 07:32 AM
Rainmaker
3,071,034
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Of course!

Feb 18, 2018 05:02 AM
Rainer
140,515
Keith Whited
RE/MAX Gateway - Alexandria, VA

That's the nature of the business. We just need to work diligently to sort these folks out before wasting too much of our time on them. 

Fool me once, shame on you!@ Fol me twice, shame on me!

Jun 03, 2015 05:38 AM
Rainmaker
84,598
Ernest Villafranca
Better Homes and Gardens Real Estate - Oakland, CA
3923 Grand Ave. Oakland CA, 510-418-9443

Sorry to hear these people wasted your time. 

I try not to put too much work into people until I see that they are serious. 

Yeah, it would have been better to be at home watching TV drinking a beer :)

 

 

Jun 02, 2015 03:13 PM
Ambassador
1,015,258
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

I require everyone to be straight & forthcoming.  I sometimes run into people trying to commit occupancy fraud, and they're usually easy to see through, we usually have a conversation and sometimes move forward, but most often I cut ties - I don't have time for dishonest people.

Jun 02, 2015 01:32 AM
Rainer
530,750
Kimo Jarrett
Cyber Properties - Huntington Beach, CA
Pro Lifestyle Solutions

Clients aren't clients until they are under contract and before accepting new clients they should met your client profile so both of you are aware of the goals, and objectives and the time line to complete the task.

Jun 01, 2015 05:52 AM
Rainmaker
1,767,996
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

Welcome to real estate. It's just simply the buyer/sellers do not know what they are doing & need additional guidance. You have to judge if that is within your business model or not.

I'm thinkin' not ....

Jun 01, 2015 05:31 AM
Rainmaker
376,907
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I demand honesty with my clients.  If something doesn't appear "right", I do call it out to make sure I understand correctly.  If they are not honest, they become my liability and their commission is not worth the risk.

Jun 01, 2015 03:57 AM
Rainer
149,248
Theresa Akin
CORPUS CHRISTI REALTY GROUP - Corpus Christi, TX

I check out the properties on the tax sites for the latest transactions of deed transfers. Then ask the seller about it. And yes I've called both out. Aspirins will give you ulcers. Nip it at the front. I tell them to let me pull up some comps and I do my tax site checkups. You may not get the listing but it could be quite the headache.

Jun 01, 2015 03:44 AM
Rainmaker
153,092
Nancy Hankin
RE/MAX Real Estate Consultants - Palm Springs, CA

We all get taken in occasionally. The best thing you can do is learn from the experience and move on to another client. Don't waste your emotional energy on this one. You will be giving too much power to these folks.....and they are not worth it.

Jun 01, 2015 03:18 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

John Mosier Red flags usually cause problems down the road.

Jun 01, 2015 12:22 AM
Rainmaker
699,177
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

For the first senario I don't believe the seller has any obligation to tell you all of his financial facts.  Just list it and sell.  In the 2nd one, it happens all the time.  If I had closed all of the deals that were promised to me for the last 15 years, well it's just life.  Don't consider your research a waste of time.  That type of info will reappear down the road.

May 31, 2015 11:07 PM
Rainmaker
916,348
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

My strategy with both buyers and sellers is to get an investment from them into the process before I over invest. If they are unwilling to take a step in my direction, the Red Flags go up. We shadow dance until the truth reveals.

May 31, 2015 09:40 PM
Rainmaker
2,017,472
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I try to present it to the client that I can't help them or provide the level of service that they deserve if I don't know the full story- they have to be honest with me =otherwise, move on

May 31, 2015 09:34 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I would have a conversation with them and if I think I am wasting my time I would be honest with them and tell them i do not think I can help them.

May 31, 2015 09:29 PM
Rainmaker
2,523,913
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning John. The minute I find out someone wasn't straight with me about anything it would require an immediate conversation, otherwise it may happen again.

May 31, 2015 07:47 PM
Rainmaker
2,759,637
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

I would say yes. Should someone be hiding something, it is best to get it in the open and be transparent.

May 31, 2015 07:46 PM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Absolutely. If I even suspect there is something going on behind the scenes I will have a frank conversation. I do not like hidden agendas and fell like it hinders me doing my job.

May 31, 2015 01:06 PM
Rainmaker
544,792
John Mosier
Realty ONE Group Mountain Desert - Prescott, AZ
Prescott's Patriot Agent 928 533-8142

Larry Johnston -- Yes, Larry, there are many people out there who do not divulge all that is happening.

Part of my decision process is to determine how far I am willing to extend my trust.

To be fair, the potential Seller in this discussion took my cards and plans to introduce me to other potential clients. I believe not disclosing the buy out of the partner was not intentional. I think he will be a source for more referral business.

May 31, 2015 12:37 PM
Rainmaker
1,683,406
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Welcome to the world of Real Estate!  We get all kinds and many of them have something to hide.

May 31, 2015 11:32 AM