Comments on: Loose lips sink deals http://varbuzz.com/loose-lips-sink-deals/ Virginia real estate news, views, and issues. Thu, 28 Aug 2008 09:43:33 +0000 http://wordpress.org/?v=2.6.1 By: Matt Wilkins http://varbuzz.com/loose-lips-sink-deals/#comment-1830 Matt Wilkins Wed, 18 Jun 2008 23:57:57 +0000 http://varbuzz.com/?p=361#comment-1830 I am also completely in agreeance. A perfect example is a home on my street was being listed. I saw the listing agent putting up the sign riders and stopped to introduce myself/ask about the list price of the property (had not hit MLS yet). In the conversation that followed she indirectly disclosed the seller's finanical situation (she realized right afterwards what she had said and became silent). A few months later I was talking with my next door neighbor. She had called the agent about the lack of lawn maintnence to the property and the agent also told her (a non-licensee) about the seller's overall situation. Now I know some sellers authorize their agents to disclose these kind of things but it is still not a good habit for an agent or broker. Note: the property is still on he market and has been relisted with another agent. I am also completely in agreeance. A perfect example is a home on my street was being listed. I saw the listing agent putting up the sign riders and stopped to introduce myself/ask about the list price of the property (had not hit MLS yet). In the conversation that followed she indirectly disclosed the seller’s finanical situation (she realized right afterwards what she had said and became silent). A few months later I was talking with my next door neighbor. She had called the agent about the lack of lawn maintnence to the property and the agent also told her (a non-licensee) about the seller’s overall situation. Now I know some sellers authorize their agents to disclose these kind of things but it is still not a good habit for an agent or broker. Note: the property is still on he market and has been relisted with another agent.

]]> By: Charles McDonald http://varbuzz.com/loose-lips-sink-deals/#comment-1805 Charles McDonald Tue, 17 Jun 2008 22:48:15 +0000 http://varbuzz.com/?p=361#comment-1805 This is so true and when we are representing our clients bests interests in a negotiation, we need to keep our ears open. Reminds me of the old saying "you have 2 ears and 1 mouth use them in that proportion"! This is so true and when we are representing our clients bests interests in a negotiation, we need to keep our ears open.

Reminds me of the old saying “you have 2 ears and 1 mouth use them in that proportion”!

]]>