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Wes Stamey

Disappearing Buyers!

05-08-10
Wes Stamey

Are your buyers suddenly disappearing? In the past year or so, I must admit that I have neglected following up with a couple of potential buyers as thoroughly as I should have. What happened? They disappeared, then I felt despaired and wondered if there was something I could have done better. Looking back now, however, I have come to realize that some buyers just disappear, no matter what you do to accompany their every need! I say this because two weeks ago, I received an offer on a listing from another agent with no earnest money, no GFE, and no commitment letter. It was a Saturday, so I advised my seller client to wait and respond on Monday once (so I thought) we would receive a commitment letter or GFEfrom the lender. I wasn't going to tell my seller to counter back not knowing what kind of potential buyer we really had! Come Monday, yep, you got it, the buyers had basically disappeared. They wouldn't answer the agent's calls or emails and she didn't seem to worried about it. She told me that they probably had buyer's remorse and were just moving on. I wondered if they were all that serious in the first place because it got my seller all excited for nothing! Oh well, it's a contact sport right?