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Scary things Real Estate Brokers fear of hearing

Posted: Oct 21,2020

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Real Estate is probably one of the biggest investments in a person’s life. Therefore, this transaction requires proper decision making. As real estate professionals, it is not new to experience rejection. In fact, it is normal to eat rejection for breakfast, as what expert Real Estate Brokers in the Philippines say. 

In the spirit of Halloween, let's take a look at common phrases our Real Estate brokers fear hearing.

1. “We’re having second thoughts…”

Although it's common for buyers to experience pre-investment jitters and anxieties, hearing them say they have second thoughts are still scary, especially when so much effort has been allotted.

 2. “I just bought a brand new car!”

Making one large purchase after another can affect our credit ranking which will give buyers slimmer chance to get pre-approved for a loan. When dealing with clients, brokers would need to assure that you can find a house within your budget. If you are looking for a house near business districts like Makati, you would have to be pre-approved for a bigger amount of loan compared to when purchasing a home outside NCR.

3. “I lost my job…”

Similar to previous one, this affects a buyer's credit score. And worse, a broker fears to hear this if the client has already purchased his home and lost his job midway. 

4. “There’s something I haven’t told you…”

In order to help you in your buying or selling process, Real Estate Brokers must need to know everything upfront. 

5. “Is your commission negotiable?”

Meeting new clients and touring properties can be exciting and there's a sense of fulfilment in helping other people reach their dreams. But given that it is a livelihood, no hardworking Broker would want to haggle down commission, or worse, do it for free. 

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