Let’s face it: When your house goes on the market, you’re not only opening the door to prospective buyers, but also sometimes to unknown vendors and naive or unqualified buyers.
As
with any business transaction, there is an expected protocol to how
sellers, buyers and their respective agents interact. Should you find
yourself in a sticky situation, alert your agent so he or she can
address and remedy the problem.
The aggressive agent
When
your agent puts your house on the market, typically all promotional
materials state clearly that your agent is the primary contact for
buyers and buyers’ agents. However, sometimes a buyer’s agent will
contact a seller directly to try to either win over their business or
cut the seller’s agent out of the deal. This is not reputable behavior
and you should report it to your agent immediately if it happens to
you.
The unscrupulous vendor
Have you ever
started a business or moved into a new house and suddenly found your
mailbox full of junk mail? Unfortunately, this also can happen when you
put your house on the market. When you sell your home, it necessitates
all kinds of new purchasing decisions and less-than-ethical vendors are
keenly aware of this. Though MLS organizations enforce rules on how
posted information is used, some companies have found ways to cull
information from various sources to produce mass mailing lists. If you
find yourself regularly emptying your mailbox of junk, let your agent
know. He or she can tap the appropriate sources to prompt an
investigation into the matter.
The naive buyer
Yard
signs, Internet listings and other advertisements can generate a lot of
buzz for your home. Some prospective buyers – particularly first-timers
– will be so buzzed to see your home that they’ll simply drop by. If
this happens, no matter how nice these unexpected visitors are, it’s
best not to humor their enthusiasm by discussing your home or giving an
impromptu tour. Instead, politely let them know that your real estate
agent is in charge of scheduling tours and provide them with the agent’s
contact information. If you attempt to handle these surprise visits on
your own, you might inadvertently disclose information that could hurt
you during negotiations down the road.