Episode 20: How to Help Clients Overcome Buyer’s Remorse

Update: 2023-01-04

Description

🎙️EPISODE TWENTY

Just as in other industries and professions, trust is crucial in the real estate industry. Without it, there can be no valid business relationship and no smooth transaction for either party. Transparent communication at every step of the way builds trust and ensures that both parties understand each other's needs and concerns, so that a deal can be reached that is beneficial to both. When problems arise after a transaction has been completed by both parties, even with good intentions and clear communication, it is essential for both parties to honor their commitments and do what they said they would do. No one wants to deal with integrity issues once a contract has been finalized, so this should be foremost in everyone's minds from start to finish.

🗝️WELCOME TO BEYOND THE KEYS🗝️

A Pat Lotz Real Estate Podcast where we take a deep dive into all the craziness that goes on behind the scenes in the Real Estate World and more specifically what Pat and Chris experience on a day-to-day basis! We will be dishing out all the secrets, twists and turns, helpful hints and everything YOU need to know to be successful in your next Real Estate transaction...and some funny and unique jokes along the way!

❓Did you have a question that didn't get answered in this week's episode?! We would be more than happy to answer that and ALL of your questions any day of the week - just give us a call, text, email or dm!

EPISODE TIMESTAMPS:

00:13 - Introduction

00:41 - What Buyers Are Remorseful About

01:52 - Seller Integrity and Liability

03:03 - The Importance of Inspection

09:17 - Buyer Accountability

11:27 - The Essence of Repetition

12:15 - Winning Homes Based on Relationships

15:06 - What Needs to Be Done to Get the Deal Done Right

17:09 - Reiteration of Liability

19:14 - Threshold of Payments

22:51 - Short-Term and Long-Term Problems