In my own real estate career, I have seen it a million times: buyers behaving badly. Yet, regardless of how much etiquette advice is out there about the proper way to go about purchasing a home, some home buyers still insist on going against the grain. If you are not the average homebuyer, and your goal is to simply have a smooth transaction, I would highly suggest avoiding these five common home buyer blunders.
1. Skipping Out
Buyers who skip showing appointments or who are chronically late for follow up appointments (important items such as inspections and walk-throughs) cause major headaches for real estate agents and home sellers alike. Be considerate. Both your agent and the home seller are carving time out of their busy day to accommodate you, it’s your job to respect this, show up for appointments and be as punctual as possible.
2. Respect the Rules
Just because it is a home does not mean that it is your home. At least, not yet. Buyers who unlock doors – and leave them this way–, leave windows open, cause a mess or change the thermostat are constant annoyances for home sellers. When going on showings, leave things the way you found them.
Throughout my career, I cannot stress enough that nit picking will never get you a better deal on a house. Pointing out every little cracked paint chip or crooked wall hanging in your feedback to a home seller is a sure fire way to get under their skin and come off as insulting. Even worse is presenting a seller with a list of requested repairs that looks more like a scroll than a reasonable checklist. Before you buy, start thinking like a seller. After all, statistics tell us that you will be walking in those shoes in the next five to seven years after this purchase.
4. Requesting Multiples
Unless the house is vacant, requesting multiple visits (more than two) on a property post contract and on the way to closing is a surefire way to tick off a home seller. Remember, most sellers are trying to pack their belongings and prepare for closing themselves, and they need adequate time to do this. By this point in the process, most sellers have already agreed to and completed repairs, accommodated for inspections and even an appraisal from your lender. Of course, you should do a walk through before closing, but wanting to visit the home every day is not the smartest move is a prime example of bad behavior.
5. Constantly Renegotiating
There are only two appropriate times to negotiate a real estate transaction: during the option period and in the event that the property does not appraise for the agreed upon contract price. I have never seen a seller take kindly to a buyer who constantly wants to renegotiate the terms of their offer throughout a transaction – and I doubt I ever will.
In short, serious home buyers know how to behave and work with their real estate professionals and the seller to get to the closing table sans a lot of unnecessary drama.
More from this Contributor:
Real Estate Agents: Getting Rich in a Talent Poor Industry
A Real Estate Survival Guide to Working With Fledgling Investors
Why I Stopped Stepping Over Dollars to Pick Up Dimes