Letting In Strangers

I understand the perceived savings of commission(s) of a FSBO, but I am a little challenged to understand how vulnerable the FSBO is leaving himself. Although as Realtor we do not do background checks on the clients we represent, we do collect information about the people we tour homes. More often than not the potential buyer is pre-qualified for a mortgage. As a FSBO you just opened the door for anyone to check out your stuff, with no way to find the guy who might..... Do you ever have second thoughts about the last person you let tour your home?
  • August 05 2014 - Monroeville
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Answers (4)

Profile picture for Blue in d Nile
"I have NEVER had a buyer tell me that a FSBO required any information of them at all except, "what time are you coming?"" -

Well, since you are a "licensed agent", wouldn't a seller expect YOU to have checked pre-qualifications from your clients, just as a seller that has a listing agent would?

The "security" question was about people showing up without representation, that just scan FSBO listings for burglary opportunities.  If one is only talking about showings to buyers that have buyer agent representation, then the whole "argument" is just a strawman argument for propaganda propagation.
  • August 05 2014
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I have NEVER had a buyer tell me that a FSBO required any information of them at all except, "what time are you coming?"
  • August 05 2014
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Profile picture for Blue in d Nile
"Do you ever have second thoughts about the last person you let tour your home?" -

Who ever said FSBO's don't run background checks, and don't require a pre-qualification letter prior to showing?  It is easy, and it is cheep. 

The bigger problem is selling agents that let their clients open windows, and then don't go to secure them all prior to leaving.

Not to mention all those Realtors® that knock and pound on doors and ring doorbells of homes that are not for sale, and litter the porch and yard with their "trash" at all hours of the day and night!  The National Association of Realtors® should be sued for the unethical practice of these agents.

And really, what about traditional "open houses"?  The listing agents really require pre-qualification letters prior to being allowed in during an "open house"?  And they have security guards on premise?  And they monitor everyone in the home and in the yards all at the same time?  And the agents are bonded for the full contents of the property?  Or do they just say it is the seller's responsibility to carry their own home owners insurance, and to make sure temptations are out of sight and kept locked up?

And will John really camp out in the back yard every night after the start of the listing to make sure than no one comes back at 1 am to steal the condensing unit from the back yard?

Personally, I think it is just marketing propaganda, as very few agents provide any security of any kind.  You would think they would at least have internet web-cameras and motion detectors and alarms that they set up; but they don't.
  • August 05 2014
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John you raise a true vulnerability and a distinct benefit of having professional representation.
  • August 05 2014
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