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How do I tell my realtor?

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Jess21
Frequent Contributor

How do I tell my realtor?

So, I am fearing the fact that maybe this is just not the right time for us to buy.  Right now we are in a limbo between not being approved for enough, or not getting through underwritting because my husband has only been a US resident for a year.   We are scheduled to go look at 6 properties tomorrow but honestly I dont want to look at more properties until we are sure we can do this.  How do I cancel this with my realtor with such a short notice?  Im feeling bad for putting her on hold.

Equifax: 676 (myfico) Experian: 683(myfico) TransUnion: 689 (Barclays)

Current Goal: 700
Message 1 of 9
8 REPLIES 8
edcampbell613
Contributor

Re: How do I tell my realtor?

They will appreciate your honesty and you not wasting their time.

Message 2 of 9
TimeToRecover
Established Contributor

Re: How do I tell my realtor?

i agree.  And when you are ready she will know you are serious and not just looking for a way to spend an afternoon.


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Current Score:EX (701) EQ (711) TU (705)
Goal Score: 750
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Message 3 of 9
DallasLoanGuy
Super Contributor

Re: How do I tell my realtor?

agree with the other answers

 

Retired Lender
Message 4 of 9
LynGene
New Contributor

Re: How do I tell my realtor?

The other posters are spot on.... you're being respectful of her time by cancelling as soon as you know.  It stinks, but keep them happy so that when it is your time they'll work to keep you happy!

Message 5 of 9
edcampbell613
Contributor

Re: How do I tell my realtor?

And also tell them you will tell your friends about your positive experience, 

 

Referrals are the best compliments you can give.

Message 6 of 9
MarineVietVet
Moderator Emeritus

Re: How do I tell my realtor?


@Jess21 wrote:

So, I am fearing the fact that maybe this is just not the right time for us to buy.  Right now we are in a limbo between not being approved for enough, or not getting through underwritting because my husband has only been a US resident for a year.   We are scheduled to go look at 6 properties tomorrow but honestly I dont want to look at more properties until we are sure we can do this.  How do I cancel this with my realtor with such a short notice?  Im feeling bad for putting her on hold.


Don't worry about it.

 

Realtors are used to delays/cancellations/disruptions. It's written into their job description I think.

 

A good realtor will not be upset with you.

 

 

Message 7 of 9
StartingOver10
Moderator Emerita

Re: How do I tell my realtor?

I'm a Realtor. Everyone above ^^^ is right. We love prepared buyers and those that know they aren't quite ready yet. Heart

 

 

Message 8 of 9
fishbjc
Senior Contributor

Re: How do I tell my realtor?

Next time, go through the preapproval process.  See where you're at. 

 

 

Message 9 of 9
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