1,664,336
Yes. Now and then someone will want to continue to look for a backup.
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Sandy Padula & Norm Pa...
, CA
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John McCormack, CRS
Albuquerque, NM
613,494
I take the buyers off the automailer as soon as they go under contract.
But most importantly is to not to go under contract if buyers have one foot out the door and are not committed.
Eve
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Evelyn M Epperson
Johns Creek, GA
114,473
Yes, what a coincidence! I'm currently working with a lovely couple, but they keep doing this. I have a great relationship with them, especially the wife, so I can tell her she is going to drive herself crazy by continuing to want to see homes. I tallied the cost of inspections, surveys and potential loss of earnest money and she' s now calmed down a bit.
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Evelyn M Epperson
Johns Creek, GA
1,728,356
Very common occurence. The 'Kid in the Candy Store Syndrome'.
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Evelyn M Epperson
Johns Creek, GA
4,434,177
Yes. I had a buyer who did this . She called me to look at another house she saw advertised in the newspaper a few days before closing. Luckily I looked in the mls and found out it did not have a basement.
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Sandy Padula & Norm Pa...
, CA
921,504
An experienced agent should assume their buyer is still shopping even if their agent is not involved.
The buyer should be aware of the uncertainties of buying and a Plan B is not a bad idea.
So, as a smart agent, one should assist them on the Plan B or the agent could be ambushed with a FSBO purchase because the buyer was forced off the ranch by their agent and the the agents buyer went rogue.
Yes, it's a binding contract, and I'm sure Chase will understand and grant the mortgage for the buyer who is selling their house to your seller who has a contingency on the house your buyer wants to move into. It's binding all right.
What I have experienced is the active Plan B ends up revealing the house they made the offer on is exceptional. The buyers response is typically, "Wow, Annette, we are so fortuneate to have found you. Nobody else could have discoverd this house, got our offer in FIRST, and worked with as like you have."
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Sandy Padula & Norm Pa...
, CA
3,340,443
No....do they understand what "legal and binding" means ? Yicks !
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Sandy Padula & Norm Pa...
, CA
634,532
No, and the idea they are still shopping gives me pause. I've never written a contract without making sure the client understands it is a commitment to buy.
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Sandy Padula & Norm Pa...
, CA
979,596
Evelyn - Not that I have known of, but they may still be looking online, or on their own. These days it's hard to know what your buyer may be doing.
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Sandy Padula & Norm Pa...
, CA
216,904
3,988,013
Yes I have and when I find out I tell them to stop looking that they are under contract and have bought a house.
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Sandy Padula & Norm Pa...
, CA
2,443,250
No, I don't show them other homes if they have an accepted offer on one.
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Sandy Padula & Norm Pa...
, CA
443,220
1,241,979
Possibly trying to find a back up offer.
Same with a seller she accepts an offer and cancels it. She is a realtor too. This is her 6th time using 6 upset listing agents. She has been repeating it over and over since 2008.
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Sandy Padula & Norm Pa...
, CA
4,319,773
Evelyn Epperson - well, no. They have to stop after some time. If they still want to look at it, go visit open houses....
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Sandy Padula & Norm Pa...
, CA
5,878,065
Yes, and usually stop the daily drip from MLS.
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Sandy Padula & Norm Pa...
, CA
368,326
yes but only when they are waiting on response to repairs from seller , great question evelyn have a great day
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Sandy Padula & Norm Pa...
, CA
4,800,132
67,369
Yes! They canceled their current contract, bought another home and their earnest money went to the seller.
3,071,489