Sellers need to be informed on the pitfalls of taking offers too quickly.

I was recently working with a buyer who was very interested in a new listing that came on the mls in the Commercial Drive area. I called the agent the first day the property was introduced to the market.  The agent failed to return my call and I was unable to book an appointment to view the property before the open houses.

The open houses were scheduled for Thursday,Saturday and Sunday. I checked back on the listing on Thursday and it said in the Realtor comments that the property was sold!

Had the Realtor showed the property to all interested Buyers they would have exposed the property to more potential buyers and the Seller would have benefited from this exposure of their property. The benefit would have been more money for the Seller or more favourable conditions in the offer.

Realtors who are not marketing your property to all interested Buyers are doing their Sellers a disservice. They are leaving YOUR money on the table! Sellers should make sure that it is in their schedule A of their contract that the property will have x amount of open houses and offers will be accepted on a specific date.

Hope this is helpful!

Carol Palfrey