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Updated over 9 years ago on . Most recent reply

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29
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Chris Mcalister
  • Phoenix, AZ
2
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29
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No viewing until accepted contract???

Chris Mcalister
  • Phoenix, AZ
Posted

has anyone heard of a listing agent not allowing viewings of a property until there is an accepted contract?

I'm interested in a multi and agent is saying they won't schedule a viewing untell it's under contract. It seems kinda fishy....

Most Popular Reply

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David Avetisyan
  • Rental Property Investor
  • Glendale, CA
334
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685
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David Avetisyan
  • Rental Property Investor
  • Glendale, CA
Replied
Originally posted by @Chris Mcalister:

has anyone heard of a listing agent not allowing viewings of a property until there is an accepted contract?

I'm interested in a multi and agent is saying they won't schedule a viewing untell it's under contract. It seems kinda fishy....

 That's a common practice, especially in SoCal on multi unit properties.

Owners in this case want to avoid upsetting paying tenants with constant strangers invading their privacy. 

Furthermore, as investors make bids based on what makes sense to them, sometimes these buyers make silly offers. I'm sure the sellers wants to save the time and headache of showing the property to someone who may end up, possibly, offering something non sensical. 

Typically, other conditions can be strong indicators of the interiors condition. But, you always want to offer conservatively with a 'subject to inspection.' This way, you can always adjust your offer based on your findings. 

I wouldn't shy away from such a property. 

Simply govern yourself accordingly.  

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