3,345,091
I discuss what the sellers authorize me to discuss and share.
Why? Because I do not act unilaterally. I am an agent and fiduciary.
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Jeff Perlis Prime Prop...
Lake Arrowhead, CA
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Brenda Mayette
Glenville, NY
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John Juarez
Fremont, CA
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Susie Kay
Plano, TX
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Anthony Acosta - ALLAT...
Atlanta, GA
-
Tony and Suzanne Marri...
Scottsdale, AZ
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Lyn Sims
Schaumburg, IL
-
Debe Maxwell, CRS
Charlotte, NC
-
Lynnea Miller
Bend, OR
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
-
Eve Alexander
Tampa, FL
1,751,129
Karen, there is a paragraph in our state contract that a seller agrees to that would let a listing agent share the details of an offer received, but I never would without the sellers permission. It really could benefit the seller in a competitive offer scenario. I don't know too many agents who do share that info.
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KAREN FUNK
Elk Grove, CA
-
John Juarez
Fremont, CA
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Susie Kay
Plano, TX
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Lynnea Miller
Bend, OR
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
2,178,603
Details? No, probably not. Only that another offer or other offers was/were coming in. Write up your highest and best offer is the most I would probably suggest to them.
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Brenda Mayette
Glenville, NY
-
John Juarez
Fremont, CA
-
Lyn Sims
Schaumburg, IL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Lynnea Miller
Bend, OR
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Bob "RealMan" Timm
Minot, ND
953,617
Yes, if it would potentially benefit the seller and with the seller's permission as well.
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KAREN FUNK
Elk Grove, CA
-
John Juarez
Fremont, CA
-
Susie Kay
Plano, TX
-
Lyn Sims
Schaumburg, IL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Diana Dahlberg
Pleasant Prairie, WI
-
Sharon Altier
Elmhurst, IL
-
Bob "RealMan" Timm
Minot, ND
216,904
If that would be done, you would need to be sure you give all agents same information. You don't want anyone claiming discrimmination.
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Susie Kay
Plano, TX
-
Lyn Sims
Schaumburg, IL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Pete Xavier
Pacific Palisades, CA
2,182,552
I often will share with a Buyer agent who is going to write - " Keep in mind we've already turned down $ ___________ . "
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Brenda Mayette
Glenville, NY
-
Lyn Sims
Schaumburg, IL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Fred Griffin Florida R...
Tallahassee, FL
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
-
Michael Jacobs
Pasadena, CA
5,049,183
I only would with the seller's permission
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Susie Kay
Plano, TX
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
2,390,620
NO! I believe it would be unethical. PLUS I want to stay in good graces with the other agents so they continue to bring me offers Karen Funk
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Susie Kay
Plano, TX
-
Candice A. Donofrio
Fort Mohave, AZ
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Sharon Altier
Elmhurst, IL
-
Pete Xavier
Pacific Palisades, CA
1,543,823
Only the details I want to leverage as a strategy, with my seller's permission.
It's poker, it's chess it's a mind game I confess. Ooh my inner Dr. Seuss.
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KAREN FUNK
Elk Grove, CA
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Thomas J. Nelson, REAL...
La Jolla, CA
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Susie Kay
Plano, TX
-
Lyn Sims
Schaumburg, IL
-
Michael Jacobs
Pasadena, CA
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
544,014
With the seller's permission I will disclose with the intent to stimulate competition and a higher sales price for my client
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KAREN FUNK
Elk Grove, CA
-
John Juarez
Fremont, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Pete Xavier
Pacific Palisades, CA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
679,404
I do not discuss anything without the seller's knowledge, since I am working in the best interest of the Seller as a Listing Agent.
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Susie Kay
Plano, TX
-
Lyn Sims
Schaumburg, IL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Pete Xavier
Pacific Palisades, CA
2,781,173
I may nudge but not reveal
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Brenda Mayette
Glenville, NY
-
KAREN FUNK
Elk Grove, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
3,416,038
Before even getting offers, i discuss with my seller pros and cons or what to share and what not to share. In most cases telling buyer agents there is an offer coming in or just came in will result in more offers. More offers mean a higher selling price for my seller.
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Brenda Mayette
Glenville, NY
-
Lyn Sims
Schaumburg, IL
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
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Pete Xavier
Pacific Palisades, CA
-
Candice A. Donofrio
Fort Mohave, AZ
2,684,109
1. Get Seller authorization, in writing. Do this at the time of listing.
2. What Michael J. Perry said, IF the market is strong.
3. Let that Buyer Agent do all the talking. Ask them, "What is your Buyer offering? (price AND terms)"
4. Verbal discussion only. I won't put it in writing, text, or email.
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Brenda Mayette
Glenville, NY
-
Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
1,502,998
Limited info only and never specifics of price or terms. I may share loan type, especially if they have a stronger loan type. Never amount down or exact price. I will share if they're close to, at or over full price as well as how many offers there are. Lets the buyers put their best foot forward.
Like you said in your response to Mike, it's advantageous for the seller to get the best possible offers. When I represent buyers, I always call for that type of info to and greatly appreciate when I receive it.
I'm also in CA.
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KAREN FUNK
Elk Grove, CA
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
-
Pete Xavier
Pacific Palisades, CA
-
Bob "RealMan" Timm
Minot, ND
1,153,794
The only thing they'll hear from me is that other offers have been received. Since the advent of Buyer's agents I expect that they'll know what is best for their respective Buyers.
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Susie Kay
Plano, TX
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Michael Jacobs
Pasadena, CA
-
Pete Xavier
Pacific Palisades, CA
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Bob "RealMan" Timm
Minot, ND
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Candice A. Donofrio
Fort Mohave, AZ
5,230,079
ONLY if the sellers authorize me to. Period! As Kathleen Daniels said, 'I am an agent and fiduciary.'
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John Pusa
Glendale, CA
-
Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Pete Xavier
Pacific Palisades, CA
911,338
Sometimes, it's up to sellers normally.
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Susie Kay
Plano, TX
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
711,852
If the seller authorizes this information be passed around, yes!
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Susie Kay
Plano, TX
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Pete Xavier
Pacific Palisades, CA
-
Michael Jacobs
Pasadena, CA
4,572,183
What does your instructor say? What is in your textbook? Are you second guessing him/her?
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Susie Kay
Plano, TX
-
Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
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Ron and Alexandra Seigel
Carpinteria, CA
-
Pete Xavier
Pacific Palisades, CA
5,104,931
Absolutely not! I come from the same school of thought as Carol Williams. And I can tell you that when I represent buyers they believe their offers are being made with a modicum of confidentiality.
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Brenda Mayette
Glenville, NY
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Susie Kay
Plano, TX
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
7,836,134
You should not share confidential information.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Diana Dahlberg
Pleasant Prairie, WI
-
Bob "RealMan" Timm
Minot, ND
3,988,007
I only share what the seller has authorized me to share. Some of the details can actually help the seller get a better offer.
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Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Pete Xavier
Pacific Palisades, CA
427,257
Only what the seller wants me to disclose to other agents. I also always ask for information from the listing agent when I have a buyer.
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Debe Maxwell, CRS
Charlotte, NC
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Susie Kay
Plano, TX
-
Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
5,772,575
Karen, NO! Unless seller authorizes you to do that. And I would get that in writing from the seller. A
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Candice A. Donofrio
Fort Mohave, AZ
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Michael Jacobs
Pasadena, CA
-
Pete Xavier
Pacific Palisades, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,239,901
a sure way to get into trouble esp in sue savvy CA.....
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Pete Xavier
Pacific Palisades, CA
509,449
Depending upon the details. For example, in a multiple offer situation, I would inform all buyer's agents that we are in a multiple offer situation, give your highest and best by xxx. I may also include what will appeal to sellers, for example, short option period, quick closing, sales price, etc etc.
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Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Susie Kay
Plano, TX
17,008
CAR Form PRBS, that we are requred to submit with contract, clearly states offers are not confidential unless a confidentiality agreement is ratified by all. It goes on to state the various secenarios where this would be advanageousto to seller, though best to get sellers approval first. My market is extremely tight inventory and I always discuss this with sellers upfront , as this has resulted in better offers and yes I share the same info with ALL agents. As a buyers agent, I always ask the listing agent , How many offers, above list and cash or finance. This saves us both time if my FHA buyer can't compete. I like being collaborative, I find it makes for a smoother transaction, while doing my fiduciary duty to my clients. I threw this out there to ignite discussion, and boy did it! Not bad for my first day on ctive Rain...
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John Juarez
Fremont, CA
-
Bob "RealMan" Timm
Minot, ND
-
Pete Xavier
Pacific Palisades, CA
2,220,648
Kathleen Daniels has your answer. Thank you Kathleen.
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Debe Maxwell, CRS
Charlotte, NC
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Susie Kay
Plano, TX
5,216,398
Not unless authorized to do so by the seller!
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Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
6,393,404
I prefer to keep quiet.
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Debe Maxwell, CRS
Charlotte, NC
-
Susie Kay
Plano, TX
1,712,676
You must be in a class not to know this.
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
4,319,419
1,311,397
Sharing informaiton about existing offers can set a benchmark for other buyers and their agents to surpass. Or...it can scare them away. Of coures, if a new, higher offer comes in, you have to go back to the earlier buyer(s) and offer them the opportunity to go improve their offers.
Or...you can simple tell everyone to take their best shot, review offers with the seller who can select one or make counter offer(s).
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Pete Xavier
Pacific Palisades, CA
5,583,278
I go forth with whatever I'm directed to do by the homeowner....
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Pete Xavier
Pacific Palisades, CA
4,800,082
It depends and only with the permission of the seller.
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Debe Maxwell, CRS
Charlotte, NC
3,071,489
921,504
It is my preference that the industry adopt true transparency in real estate transactions. That means ALL offers can be observed, confirmed to be seen by the seller, and dispatched according to the preference of the seller.
This process should NOT be left to the understanding of the agents involved.
I expect an 'open ledger' system in forthcoming.
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Brenda Mayette
Glenville, NY
247,599
I do or don't at the direction of my client.
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Pete Xavier
Pacific Palisades, CA
74,540
4,160,818
Karen Funk it depends on the agreement with the seller.
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Debe Maxwell, CRS
Charlotte, NC
87,920
5,868,554
When there are multiple offers, we must be fair to all agents. If the Sellers give permission, I do share.
3,125,825
I will share the amount of other offers with permission from the sellers - in writing! Getting the price and terms for my client is most important.
1,725,996
Absolutely not without the sellers' approval. This has never happened, as sellers do not want to 'shoot themselves in the leg' in case the primary and best offer fails.
4,882,355
3,164,294
not my call. I only tell anyone what my sellers have said it's okay to tell.
4,434,127