Special offer
Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA (Barcode Properties)

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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I think it make sense upfront to check and see what's important, like the closing time frame, as well as what escrow and title company is preferred, appliances that stay/go, etc. Establishing some communication and a relationship right up front can really help

Mar 07, 2016 05:50 AM
Rainmaker
2,784,266
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I tell it like it is and take the the first move always. Why waste time? Yes to upfront work and a smooth aftermath comrade Inna Ivchenko 

Mar 07, 2016 05:31 AM
Rainer
45,957
Andy Madrid
Hawaii Coast Realty, LLC - Kailua-Kona, HI
Expertise, Professionalism, and Service

It really depends on the situation.  If I think that the property will go quickly I wont tip my hand that I am writing an offer but I will call the agent to let them now that it is in their mailbox waiting for them.  However if the property has been on a while, I will call to find out seller motivation, what kind of timeline the seller(s) might be looking for or other things that are important to my client.

Depending on the type of property and my seller clients I may request that an agent contact me prior to submitting an offer.

Mar 07, 2016 05:00 AM
Rainmaker
1,505,713
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I try to be helpful, but sometimes "best offer" is the only advice I can give them.  Depends on if we've crossed into those waters before or not.

Mar 07, 2016 07:42 AM
Rainmaker
637,484
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

I'm with Jeff Dowler CRS . I like to get in touch with the listing agent if nothing else than to find out if there are offers coming in, or why a listing dropped out of escrow, for example. Usually, I get some hints as to what the seller is looking for ie. is he moving out of the area and needs more time, wants out fast, etc. It helps with the offer. After all, he wouldn't tell me if it would hurt his client, would he?

Mar 07, 2016 07:25 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Inna,
I’m with you. If the buyer is flexible why try to guess what the seller wants? Those who just say “highest and best” aren’t acting in their seller’s best interest, IMHO.

Mar 07, 2016 07:24 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think it depends on what you are trying to negotiate.  Some items I will be happy to share with the buyers' agent, others not so much.

Mar 07, 2016 06:32 AM
Rainmaker
1,055,922
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

The only thing I want to know as a rule is, does the seller have a title company preference (developers, investor sellers who do volume business) and did you receive the offer because you didn't confirm delivery. :D
If there is a particular condition issue I am not understanding or critical data is not included in MLS remarks, possibly that as well for clarity.
I grow weary of when agents call to feel me out, then they send something completely different and I feel like they either punked me or their clients punked them. Why am I going to get my seller jacked up over a moving target?
Also, I don't want to call the listing agent necessarily to give them a heads up to shop the offer. YMMV of course.

Mar 07, 2016 06:04 AM
Rainmaker
1,157,791
FN LN
Toronto, ON

It depends on the situation.

Mar 07, 2016 05:52 AM
Rainmaker
1,241,629
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Go to agent's office meet in person presenting your case. I value person to person contact before I consider offers.  I am skeptical to get an offer in my eMail w/o an introduction.

Mar 07, 2016 05:36 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

It is a good idea to do this if you have time and the market is not extremely hot.

Mar 07, 2016 05:19 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I really need to know why 'cash only' and/or 'AS IS' is included in the data.

No need to waste everyone's effort with a financed purchase if the roof is ka-puts as opposed to seller convience.  Anyone who I perceive will be quoting club rules using words like ethics may encounter issues. 

 

Mar 07, 2016 05:00 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Inna,

We did that in commercial real estate, and we had wonderful agents to work with.  It made life so much easier and everyone walked away a winner.  Sometimes, the other side wanted to play games, and that is life.  A

Mar 07, 2016 04:58 AM
Rainmaker
1,846,701
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I used to but then there aren't that many experienced people in my area. I would ask what the sellers preferred time frame is, etc. That's not done so much anymore & I think it would save time doing so. Now they just counter & one portion of the contract could have already been worked out.

Mar 07, 2016 04:49 AM
Rainmaker
1,624,653
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I have impression, that many newer agents do not engage in verbal negotiation at all....Yet, do you think, refusing to talk to agents who have potential buyers is in your client's best interest?

:

''Realtors shall cooperate with brokers except when cooperation is not in the client's best interest''~ NAR Code of Ethics, Article 3.

''Realtors should disclosure the existence of accepted offers...to any broker seeking cooperation'' Article 3-6. 

If the escrow canceled, they should disclosure why. 

 

Mar 07, 2016 04:47 AM
Rainmaker
1,727,956
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Each situation is different and if I have a solid working relationship with the other agent, I may open the door to see if there may be added information to affect the offer price and terms.

Mar 07, 2016 04:39 AM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Inna. I would thing it is pretty smart to have verbal communication with the listing agent.

Mar 07, 2016 04:44 PM
Rainmaker
634,532
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I always sound out my clients on their plan if there is a counter, letting them know we will not signal their hand but assessing how high they will go and other terms that they're willing to modify.

Mar 07, 2016 04:14 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Inna Ivchenko if I think the offer is not going to come to fruition, I usually start verbal - however, if I am close, I do WRITE the offer.

Mar 07, 2016 03:12 PM
Ambassador
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Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

I always have a conversation with the listing agent to get an idea of what is important to the seller - terms, scheduling and that kind of stuff.  

Mar 07, 2016 11:20 AM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I don't think it should be negotiated verbally. Write a good offer and see what happens.

Mar 07, 2016 10:14 AM
Rainmaker
2,398,410
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

For me Inna Ivchenko I want to submit an offer before any negations so it's in print and no one can claim things were not fully on the up and up.

Mar 07, 2016 06:39 AM
Rainmaker
5,876,468
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I too call the listing agent prior to writing an offer for a buyer, especially if it is occupied to get the items important to the Seller included in the offer.

Mar 08, 2016 10:47 PM
Rainmaker
2,374,617
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

It's a good idea but few do it

Mar 08, 2016 09:50 AM
Rainmaker
7,861,189
Roy Kelley
Retired - Gaithersburg, MD

It depends upon the situations and the relationships with the agents.

Mar 07, 2016 09:57 PM
Rainmaker
5,236,850
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It depends on the situation. If I know the listing agent well, I might be more inclined to make some inquiries!

Mar 07, 2016 09:00 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Never.  Put it in writing. Period.

Mar 07, 2016 08:43 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It would make things flow better, unfortunately most agents will not discuss any terms until an offer is written.

Mar 07, 2016 08:03 PM
Rainmaker
2,759,812
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 It makes perfect sense to me.

Mar 07, 2016 06:05 PM
Rainmaker
787,565
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

Im with you Debbie Reynolds

Mar 07, 2016 11:26 AM
Rainer
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Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

Stopping by to read your replies. I'm sure I will learn something.

Mar 07, 2016 10:03 AM