About loyalty in real estate or doing the right thing…
I received this email in response to an ad on Craigslist. I am only posting a portion of it:
I am interested in this property.I live near Asheville N.C and will be in the Salem area Aug 6 thru the 13th.Since it’s a buyer’s market due to economy,I would like to get the bottom dollar price for this property.I have excellant credit available and a minimum 20% down payment.I will be vacationing while in the area and won’t have time for haggling the price,so your bottom dollar price is very important.If this can be attained, we can set an appointment for veiwing the property. Please respond asap. Thank you in advance for your help.
So, am I wrong in thinking this person wants me to betray my seller client by telling them confidential info? If I did know, why would I tell someone what my client will take? It seems that he will not be wanting to even look at the property unless I tell him X amount.
Do some agents actually do this?
I responded with a copy of my state Agency Disclosure Brochure, and explained I worked for the seller. I explained that if I did know what they would take, I could not & would not tell him. I said I would submit any written offer and the seller would then either accept/decline or counter. I also told him our market is slow, but prices have not dropped like other parts of the country.
I don’t expect to hear back from them.
But the potential buyer actually emailed back! Imagine my surprise when they agreed with me about loyalty to my client and said they would expect the same if I worked for them. I have to admit that I been in this business a very short time compared to some other real estate agents in Upstate South Carolina. But I can say without a doubt that practicing real estate with honesty and integrity will always be better for you, your clients, customers and long term career goals!
Here I was worried about doing the right thing!
Do Unto Others Ain’t Just A Catch Phrase!