Special offer
Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California, Inc.)

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Rainmaker
323,664
Fred Cope
Reliant Realty in Nashville, TN - Nashville, TN
Looking For Homes With A Smile

Jeff, premature may be immature.  I experienced first hand what the seller experiences when "promised" a deal is coming (it may have more holes than Swiss cheese) or so much hot air that it escapes the atmosphere.  Years ago, as a young loan officer, I would be put on alert by certain agents to be prepared to come to their sales model on Sunday afternoon for a loan app that never occurred.  When I got a pager, I stopped hanging around and hoping.  I found much better use of my time and much less stress.  

 

I do not care to stress the sellers.  Besides, why leave them with thoughts of REALTORS® making perceived promises: not kept ?

Mar 23, 2015 12:30 PM
Rainmaker
667,939
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Jeff - I think that most agents that have been in the business for over a year have hung their hat on the offer that "is coming later today"... only to have it never materialize.  Telling a seller about this and building up their expectations is a pretty good recipe for a not great ending if it never shows up.  It fine to say that agents are showing/considering the property, but I wait until I have the offer in hand and reviewed it before I let them know.

Mar 23, 2015 10:22 AM
Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Praful waits until he has one in hand.

Aug 10, 2018 11:49 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I NEVER tell them until i have it, read it and confirmed it is real and complete. Nothing worse than a let down if it doesnt come in that could have been avoided. 

Mar 23, 2015 10:15 AM
Rainmaker
3,551,096
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I usually wait until I have it in hand.  The exception is when I hear one may be coming, and I know my sellers are going out of town.  I will make certain I know how to reach them.  In today's world of cellphones, that's more easily accomplished!

Mar 23, 2015 10:08 AM
Rainmaker
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Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

Jeff I always wait as many times it never comes.  Yes I did that in my early days in the business

Mar 23, 2015 10:08 AM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I will not tell a seller there is an offer coming our way unless I need them to stay in town instead of running half way around the globe for fun.  I have told sellers and ahd none show.  I hate to start explaining.

Mar 23, 2015 09:41 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

I have indeed told sellers when an offer is allegedly coming in and I have bitten bitten by that. It is far wiser to wait until you have the offer in hand.

Mar 23, 2015 08:20 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes, but I always warn them that most people who say they are writing an offer never do.

Jan 04, 2020 11:12 PM
Rainmaker
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Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

One should wait until we have something in writing.

Aug 11, 2018 09:39 PM
Rainmaker
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Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Jeff, I would rather sit in a car with the sun roof open, no keys, in the middle of a biblical flood without an umbrella then to spread the rumor an offer is coming! 

Does that answer your question? 

Mar 24, 2015 09:49 AM
Rainmaker
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Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Jeff Dowler CRS I would only alert my sellers if there was another offer on the table and under consideration. Of course, I would caution my sellers that until received, there is no offer.

Mar 24, 2015 07:53 AM
Rainmaker
5,115,878
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Yes, I have, Jeff. And that is why I never tell a seller an offer is coming. I contact them when I have an offer in hand.

Mar 23, 2015 10:46 PM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I don't tell them that the offer is coming. Yet, I tell that there are parties that are interested.

The experience show that many times a realtor call about 'ready to send offer' but it never comes.

Mar 23, 2015 06:57 PM
Rainmaker
971,183
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Jeff, I wait to have it in hand. Don't want to get anyone's hope up. 

Mar 23, 2015 12:55 PM
Rainer
392,768
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

I have called and shared that an agent has contacted me and said an offer is coming.  But never disclose any terms on the phone prior to having the offer in hand.  Learned my lesson about saying it was a full price offer, when it arrived it was full list price with $20,000 of concessions. 

Mar 23, 2015 11:49 AM
Ambassador
5,062,995
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Myrl Jeffcoat - make sense to be. You are clearly on top of the process however it may go

Michele Connors - hopefully there are no disappointments!

Kathleen Daniels  - my philosophy as well

Cindy Davis - It's happened to a number of us, no doubt. One to me - never again

 

Mar 23, 2015 10:16 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 don't tell them about rumors of an offer.  In my listing agreement I actually have them agree that I can withhold verbal offers from them.  I only deliver written offers.

In my market about 50% of promises of offers never materialize.

Mar 23, 2015 08:28 AM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Jeff,  I wait for the offer.  Far too many times agents say they are writing and sending but the offer does not come.  Its not an offer until I receive it.

Mar 23, 2015 08:14 AM
Rainmaker
510,046
Michele Connors
The Overton Group, LLC Pitt & Carteret County - Greenville, NC
Your Eastern North Carolina Realtor

its very easy to get a seller excited and then have to let them down.. It depends on the seller...some I warn, others I surprise ! 

Mar 23, 2015 08:13 AM
Ambassador
5,062,995
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Sharon Altier, SFR - sounds like you have a system that works

Brett Tousley  - yep I have too. Did it one time, NEVER again. It was ugly, and I had no good explanation for why the offer never materialized

Raoul Loustaunau  - same here

Jeff

Mar 23, 2015 08:07 AM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

If it has been particularly quiet, I will tell them I have been advised an offer is forthcoming (if told it would be within 24 hours).  I would ask Seller if they would make sure they check email and to reply upon receipt so we can discuss it.  If nothing received within the time frame, I would contact Buyer agent, ask status and inform Seller.  Good for Seller to know someone may have backed out for "x" reason, but gets them excited in process as well.  Also makes sure they make themselves available to discuss offer. 

 

Mar 23, 2015 07:26 AM
Rainmaker
122,499
Brett Tousley
Keller Williams Realty - Richland, WA
Tri Cities Real Estate | (509) 420-0013

I wait because I've been burned before.

Mar 23, 2015 07:24 AM
Rainer
368,326
Raoul Loustaunau
EXP REALTY - Phoenix, AZ
urhomefinder.com myvaluetoday.com

Jeff i personally wait till i have it , have a great day

Mar 23, 2015 07:19 AM