What GOOD reason would a home buyer have to speak direct to seller?
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Weirdly awkward situation. I need some Legitimate reasons to give a broker as to why we asked him to set up a meeting between us and the seller. (Let's call this person) 'Eric" and I are looking to purchase an apartment. I do most of the correspondence in the search for a home. We saw a place that we sorta liked and are considering. We asked the broker questions about the place etc. Then the day after "Eric" asks me to get the broker to let us meet the seller of the residence for discussion. I went ahead and requested this not knowing what he had in mind with this meeting or what he wanted to discuss with the seller. I just assumed there was a good reason. Not surprisingly the broker got back to me and asked me what questions HE can ask the seller for us. So I told Eric and figured he'd call the broker himself or to me. However once I told him what the broker said, suddenly Eric decides to forget about the meeting altogether. That's it. The end. No explanation as to why or what he wanted the meeting for in the first place. I'm then confused. Afterall I can't go back to the broker and say- 'Nevermind then, I wanted to speak with the seller not YOU. So I have no questions for you.' wth??? I've asked Eric what was it that he wanted to talk to the seller about. He never gave me a clear answer. I think perhaps he didn't know exactly what he wanted to ask them. Or perhaps he was thinking of doing some underhanded thing that he didn't want the broker to know?? I honestly have no idea. Obviously I won't be making requests for Eric before I know exactly where he's going with it anymore. I told Eric if he doesn't want to speak to the broker or seller anymore he really ought to at least give some explanation. I really like this broker so even if Eric doesn't work with him again, I would like to on other properties. I don't want my broker and his colleagues at the firm to think we're trying to undermine him or trying to cut him out or something. Also If I meet with him again he'll ask me why "we" wanted to meet the sellers anyway and I'll just hemm and haw not knowing what to say because I have no clue. Due to the limited market we're in, it won't help if the brokers are suspicious of us. What are good reasons a person could have to want to meet with a seller directly? I'd like to know what to say to the broker when I next speak to him as to why "we" wanted to to discuss directly with the seller rather than with him.
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Answer:
Why would you want to financially entangle yourself with someone who doesn't explain themselves and whose motives you're (suspicious) curious enough about to warrant this question?
manderin at Ask.Metafilter.Com Visit the source
Other answers
Tell the broker that Eric is a very friendly, old-fashioned sort who likes to talk to people. Then tell him that Eric just wanted to chat about what the neighbors are like, what the neighborhood is like to live in, just get a sense of things - nothing very critically important.
quince
Don't overthink it. Just tell him Eric had some questions, you're not sure what, no big deal, but now you realize that buyers and sellers shouldn't meet and you won't make that request again. Dude, buyers and sellers shouldn't meet unless you're buying without an agent. There are very good reasons for this, mostly related to the fact that people are weird about money and sentimental about homes. And also crazy. I was a potential buyer in a situation where the seller wanted to personally meet and approve the buyer of his beloved home. Seller's agent tried everything to talk seller out of this but he wouldn't budge. We agreed to meet. Things got weird and we walked away. Wouldn't do it again, don't recommend. The agents are there to ensure a business transaction happens without weird illogical shit that people spending their entire savings or selling their childhood home can bring into it. Make sure Eric knows this. I say all this as someone who has happily bought and sold real estate, both with and without agents, and who used to believe real estate agents services were overrated. But having experienced crazy first hand, I suggest that you and Eric get on the same page and don't be the crazy.
ellenaim
I'd like to know what to say to the broker when I next speak to him as to why "we" wanted to to discuss directly with the seller rather than with him. If it were me I think I'd just say that you had a question you wound up answering yourself. But it may just be that Eric wanted to just ask a bunch of questions and didn't really know that it's usually not done to speak with the seller directly or he's trying to get you be pushy for him and knows he's being pushy. Brokers are worried they will be cut out of deals somehow or that sellers will sabotage deals, and sellers want to be protected from weirdie buyers. Buyers want as much information as possible so there are a bunch of reasons a buyer might want to talk to the seller but I'm not sure how much they are all characterizable as "good reasons". I don't know how well you two know each other, but your anxiety about being the go-between here may make you not a great go-between if you're not comfortable either getting vague answers from Eric or not coming clean with the broker. Because it's totally okay to just say "The guy I'm looking to buy with requested this, I don't know why, but then he said he didn't have questions for you" and just leave it. You can continue to work with the broker and just not work with Eric.
jessamyn
Perhaps Eric is suspicious that the broker will spin the answers to any questions he asks on your behalf. (I'm sure they do with soft stuff, but they could get in big trouble be misrepresent ing hard facts.)
SemiSalt
If in fact, Eric did want something out of the meeting or has doubts about the broker's ability to negotatiate the best deal then he needs to share his thoughts with you so you two can figure out if there is a way to get what you/he wants. But, if Eric is saying "never mind" let's assume the best. Eric wanted to meet the seller because he thought it was the right thing for a buyer to do or because he preferred to meet the person who he was buying from. (Both reasonable ideas about the "right" way to buy a house if you hadn't done it with brokers before.) When he got called on it, he realized that there wasn't anything specific he needed to ask and was embarrassed and backed off. I would tell the broker, Eric was interested in meeting the seller in person but if that is a problem it is not a big issue.
metahawk
Our buyer wanted to know about the neighborhood, from the perspective of someone who had lived there a good number of years. We didn't meet, but we did answer some written questions. Your relationship with Eric sounds like a different question.
sageleaf
I thought of getting into that, but since it didn't really have to do with the question I wasn't sure it would make the posting too long. I've known Eric for many years and he owns properties already (I do not). He mostly got these properties via inheritance, so he didn't purchase them himself, but I was there when he fixed a couple of them up and has maintained the properties well over the years. Despite his weird behavior at times (I suspect he may have Asperger's) he does have excellent financial credit and history with his properties. If I go on my own it will be a few years before I can proceed, but with him I can move forward now.
manderin
Eric may have been trying to work out an under-the-table deal directly with the seller in order to cut out commissions for buyer's and/or seller's agents, which would likely violate at least the contract the seller has with his/her agent. Or he may just have been trying to cut through the bullshit relay to negotiate in real time. When I bought my current house, after three previous failed offers on other houses, I negotiated directly with the seller's agent because it was faster than relaying every message through an extra party, but only because I felt comfortable doing so after seeing how the process works a few times.
qxntpqbbbqxl
Meeting the seller is entirely normal / expected in most parts of Europe. There is always the possibility that you love the property but not the seller, but if the vendor (or buyer) is crazy there is a lot to be said for finding that out before you get entangled in a major financial transaction with them. So to answer your question, just say that Eric is accustomed to the European way of buying property.
Lanark
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