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Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY)

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Rainmaker
1,091,185
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Andy, are you talking about a buyer who's made a bunch of offers and now has his underwear in a bunch because he's not getting immediate answers, or this is the state of things lately with Buyers being impatient waiting for responses?

Either way, the buyer needs to extract his thong, and take a seat.

There's a time for a response and if the seller hasn't exceeded it, then wait. And if the seller has exceeded it, offer is withdrawn.

Buyer needs to understand that buyer's not calling all the shots.

Nov 06, 2018 12:14 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

The time to "handle" a buyer is before you show them properties...

A buyer making lots of offers on many properties at the same time is not my kind of buyer...I personally would not want to work with them.  They are fishing for the unlikely. Not to forget they will need separate escrow deposits for each property.

Been there, done that...am now over it.

Eve

Nov 06, 2018 09:41 AM
Ambassador
2,699,847
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

        I will work with cash investors who want to make offers on multiple properties.  But I won't do that for a rank-and-file buyer, or somebody that drank the HGTV Kool Aid.

Nov 06, 2018 10:54 AM
Rainer
509,499
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I usually don't like working with buyers offering lots of properties at the same time. What is his goal?  Is he planning to buy that many properties or is he lowballing each offer to see which one goes through?

Nov 07, 2018 07:23 AM
Rainmaker
2,227,228
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

You have many great responses here. 

Nov 06, 2018 02:42 PM
Rainmaker
2,491,300
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Andrew Mooers | 207.532.6573 I'm confused. Are you saying a potential buyer made a bunch of offers on several properties at once and one of them countered the offer???? Sorry, just not clear what the question is.

Nov 06, 2018 08:56 AM
Rainmaker
5,584,078
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'd tell him not get his panties in a twist.... I want to find the seller just as much as he/she does....

Nov 06, 2018 08:50 AM
Rainmaker
4,800,282
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

If they are making legitimate offers, then this should not be happening.

Nov 07, 2018 05:52 AM
Rainmaker
3,986,423
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

We set boundries and wx[ectations up front

Nov 06, 2018 06:25 PM
Rainmaker
1,153,799
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I'll launch rockets as long as the Buyer can afford where he wanted them to land. They're all date & time stamped when they expire so handling them is not the question it's whether this Buyer is realistic or not.

Nov 06, 2018 05:43 PM
Ambassador
6,624,352
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Multiple offers are fine, as long as you are ready to purchase multiple properties.

Nov 06, 2018 04:59 PM
Rainmaker
1,866,318
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Why are you writing like an old Lone Range episode?

Nov 06, 2018 11:23 AM
Ambassador
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Explain the situation.  If they don't understand, you probably don't want to work a transaction with them anyway.

Nov 06, 2018 10:27 AM
Rainmaker
5,252,155
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I'm not sure I understand the gist of the question.

Nov 06, 2018 10:26 AM
Rainmaker
2,829,166
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Help the client reach "focus" fore at anytime the one offer will demand it

Nov 06, 2018 10:22 AM
Rainmaker
1,258,233
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I have one of these buyers. I will pay cash. I showed him pof from clients they start 7 figures to 8.  His was bogus heloc after all. After figuring out what he was up to I refered him to another agent. 60 showings later, he went stright to all listing agents struck a deal directly. He just used a buyer agent as a door opener.  

Nov 06, 2018 09:58 AM
Rainmaker
1,530,744
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I agree with Mike & Eve Alexander (Eve) that the best time to handle a buyer is from the start of the relationship.

Nov 06, 2018 09:51 AM
Rainmaker
4,696,055
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Ask questions.  Listen. Explain.Rinse. Repeat.

Nov 06, 2018 09:00 AM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Nov 07, 2018 03:00 AM
Rainmaker
5,425,328
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Explain we are in a multiple offer situation and may not be the winner. Have patience or lets move on!

Nov 06, 2018 03:20 PM
Rainmaker
1,424,018
Joyce M. Marsh
Luxury Home Couture - Daytona Beach, FL
Joyce Marsh Homes & Design

Sorry, but I am having a hard time understanding exactly what you are asking.  

Nov 06, 2018 03:18 PM
Rainmaker
8,084,775
Roy Kelley
Retired - Gaithersburg, MD

Give them the best advice and hope for successful results.

Nov 06, 2018 01:53 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Andrew,

In the old days prior to Internet, and the smart phone, we had no trouble getting hold of our clients...A

Nov 06, 2018 01:14 PM
Rainmaker
1,415,065
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I do not understand what you are writing.

Nov 06, 2018 12:24 PM
Ambassador
3,408,480
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am with Mike & Eve Alexander on this.  

Nov 06, 2018 12:14 PM
Rainmaker
5,065,806
Richard Weeks
Dallas, TX
REALTOR®, Broker

Start by setting expectation at initial consultation meeting.

Nov 06, 2018 09:53 AM
Rainmaker
5,964,736
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Unless they can afford to buy more than one home, only one offer should be submitted at a time.

Nov 11, 2018 06:11 PM
Rainmaker
5,143,839
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Sorry not sure what you mean.

 

Nov 11, 2018 08:23 AM
Ambassador
3,762,439
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

It depends on what you think will happen after they are accepted!

Nov 08, 2018 12:51 PM
Rainmaker
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

One offer at the time.

Nov 07, 2018 08:59 PM
Rainmaker
2,071,135
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Interesting subject and great answers. 

I am with Eve. 

Nov 07, 2018 08:38 PM
Rainmaker
728,030
The Villages Realty
The Villages Realty - San Jose, CA
"Our Performance Will Move You!"

What Fred G said.  

Nov 07, 2018 09:08 AM