Don't be another Kansas City Home Buyer Statistic . . .

If It's Not In Writing, It Didn't Happen...Did It?

Working on behalf of a Buyer client...We offered, then the Seller counter offered...Verbally.

Sometimes the verbal back and forth can shorten the time required to get to the “bottom line” for either party.  Sometimes you can get past the “bluff” of the other party, more likely it’s just a simple way to get to common ground.

But it’s not legal, because it’s not binding.

Not binding, means it doesn't count.  It’s a rookie mistake, an amateur mistake,  a part-timer mistake....

And here’s what can happen....

While my Buyer and I were waiting for the counter offer we had requested in writing, a second Buyer and agent were circling....And the Seller was playing our offer against the hidden offer of the second Buyer....

Smart? Probably....Ethical? Maybe....

We leaned on the Seller and their agent to get their counter to us in writing. Ultimately, they decided to follow through with their word, and delivered their counter to us properly....In writing.

I have heard to many horror stories where a buyer thought they had bought a home, later to learn that they had been outbidded or bumped out. Does that sound familiar?

When your Realtor offers to present your offer, or counter offer verbally....remind them.  It never happened if it wasn’t in writing.  Don’t be a be another statistic.

Better yet, work with a professional from the start....DowellTaggart.com.

Let us know what you think or add to our blog by writing a comment.

Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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