A Multi-Family Home

These Words From A Real Estate Agent Should Tell You Not To Get Your Hopes Up

by Arnold Gomez

When you're selling a home, you'll be excited to hear from your real estate agent when someone has expressed interest in the listing. In many cases, the person or his or her agent will get in touch with your agent with questions and comments, and your real estate agent will then pass this information along to you. It's easy to assume that interest from a prospective buyer means that you'll sell the house soon and be on to your next adventure, but this isn't always the case. If you hear these words from your agent, it's best not to get your hopes up.

"He/She Is In The Early Stages Of Looking"

Hearing that a prospective buyer is in the early stages of look for a home is often a sign that you shouldn't expect an immediate offer. People will often look at many homes over the course of several weeks or even months when they're looking to buy. And, in many cases, someone will return to your home two or more times if he or she is getting serious. This means that it's highly unlikely the client will fall in love with your listing and your real estate agent will be receiving an offer within a day or two.

"He/She Doesn't Have An Agent Yet"

When your real estate agent hosts an open house at your home, he or she will attempt to get as much information as possible from those who attend. One of the questions that your agent will commonly ask people is if they're currently represented by a real estate agent. While some people will buy homes without this professional representation, doing so is rare. If there's someone who shows some interest in your home but admits that he or she hasn't yet hired a real estate agent, you shouldn't expect an immediate offer. Typically, someone who doesn't have an agent will want to get one before moving forward with an offer.

"He/She Pointed Out Some Problems"

Occasionally, someone who attends the open house will identify problems with the home to their spouse or even to your agent. In some cases, doing so can be an early negotiating tactic. However, people who aren't keen on some of the features in your home might not be serious about making an offer, either. When you're talking to your agent about the people who attended the open house and learn that one person was overly critical, you shouldn't get your hopes up that this person will be a buyer.