Looking for feedback on your home?

1878_wmSellers like to get feedback when someone sees their home. They like to know what the buyers thought about it, but sometimes buyers agents don't always give feedback and are under no obligation to do so.

They are representing the buyer not the seller and they don't owe the seller anything. There is no contractual agreement. 

When I am working with buyers there are types of feedback that I will not give the listing agent.  If I am asked what I think about the price of the home I don't respond and the reason why is because I don't believe it is in the best interests of my buyers.

If the home is perfectly priced and I say that in my feedback and the buyers make an offer that is less than full price it is harder for me to negotiate and I have weakened by buyers position.  I could just always say "overpriced" to cover myself but that doesn't really seem fair to the sellers or to their agent if it isn't the truth.  Even though there is no contractual agreement we do owe both buyers and sellers honesty.

There isn't too much I can really give in the way of feedback that is in the buyers best interests so I don't say much.

When I am representing the seller it is a much different story.  I want as much feedback as possible.  Information and reactions from buyers can be used to help sell a home. 

If you are a seller and are frustrated by the lack of feedback from showings this may give you a little insight.  Giving feedback to sellers that we do not represent is optional and there are others like me who believe that less is better.  So don't beat up your agent too badly if he or she can't get feedback from buyers agents.

2 Replies to “Looking for feedback on your home?”

  1. T, I agree about hesitating to reveal buyer motivation.
    I am happy to give feedback in a timely manner if emailed. I HATE the new methods of calling immediately.

  2. how bout “nicely staged”, “pleasure to view”, and when in a St. Paul blizzard – thanks for keeping the heat on. 🙂

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