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Old School Real Estate: Communication

frownAs the tightest Twin Cities housing market in the last decade continues, houses are selling left and right in multiple offers and leaving many buyers disappointed.

Regularly I am hearing stories of situations that went bad mostly due to poor agent to agent communication.

In some of these situations, listing agents are not informing buyer agents of competing offers, buyers agents are not contacting the listing agent before an offer is submitted, or neither party is talking to one another at all.

In such a strong seller’s market, it is important that the buyer’s agent establishes a quick and strong rapport with the seller’s agent.  I find that when the lines of communication are open and frequent, far fewer issues arise in the first place and those that do are easier to resolve.

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Listing agents should quickly exhibit every offer to their vender customers, if there is one and only offer or numerous offers on the same property.



You mean like we should talk to each other and stuff? ;)


TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.