MLS confidential remarks offer presentations

Sacramento Realtors Who Feel No Urgency to Present Purchase Offers

present purchase offers

Sacramento Realtors should present purchase offers immediately, unless otherwise instructed in writing.

The sad sorry tale in Sacramento real estate can be found in those Realtors who feel no urgency to present purchase offers. In some ways, it’s like a buyer’s agent is interrupting the listing agent’s life by asking that agent to perform the job at hand. We all get it that “it’s summer” but it doesn’t mean the living is easy and a listing agent gets to take off days without a replacement. All too often we call a listing agent to ask if our offer has been presented, and we hear something like this:

Oh, sorry, I’m at my kid’s school event.

We check back an hour later:

I’m out to lunch with my family.

We try again early evening:

I’m putting the children to bed.

We call back the following morning:

It’s only been 12 hours, and 8 of those I spent sleeping.

Now, you would think I am making up this sort of scenario, but I am not. An agent actually said that. If that agent’s seller knew how poorly the agent responded to a bonafide offer, why, that seller might even fire the agent, except when you fire your cousin it tends to cause family disharmony. What kind of Sacramento Realtor doesn’t realize that having to present purchase offers is an urgent matter? The kind who doesn’t view real estate as a full-time occupation, I’m guessing.

As a top listing agent in Sacramento, I constantly get calls from buyer’s agents asking when I plan to present purchase offers. My answer is always the same. Immediately. I send offers as soon as I humanly can. Now, whether the seller will respond immediately is another matter. Probably not. But the seller has that option. And I keep buyer’s agents informed. Further, if offers are not immediately presented, it is required to be noted in MLS confidential remarks. But some listing agents don’t realize there are rules. To them, fiduciary is just a weird word.

One of the big problems inherent in Sacramento real estate is how consumers wrongly believe that merely possessing a real estate license makes a holder of that license a Sacramento Realtor. It really makes that person an individual who has managed to pass the California real estate exam. Only experience and many transactions later makes a person a true agent. We may joke about Darwin and natural selection, but some survive despite the odds. Especially hard when the buyer is waiting for the listing agent to present purchase offers.

Subscribe to Elizabeth Weintraub\'s Blog via email