Real estate agents are easy targets for people who like to look at houses with no intention or ability to buy.Â
After spending 15 years as a real estate broker in Denver, CO, I broke my own rule this weekend and started "shopping" with buyers who turned out to beÂ blatant liars.Â
My rule is and has been "nobody gets into my car until they are PRE-APPROVED for a loan with one of my preferred lenders.Â That's it .. that's just the way I run my business after years of making mistakes and being used as a taxi cab driver.Â I made one exception, just this one time, and this is what happened ...Â
I met Mrs. Liar on trulia.comÂ afterÂ she called to inquireÂ about a house for sale in Parker.Â To make a long story short, she told me she and her husband were moving to the Denver area after being overseas for the past three years.Â She also said they couldn't believe how high rental prices are in Denver, how difficult it is to find a rental, etc. etc., so I offered to help. I even offered to meet them at my Greenwood Village office ... free, no obligation ... maybe they'll buy later?Â Whatever.
The next day, I received another call from Mrs. Liar saying they've decided that rent prices in Denver were too high, and they'veÂ decided they would rather buy than rent aÂ home.Â Great!!! Not so fast ... to make anotherÂ very long story short, they were "pre-qualified"Â throughÂ a local lender (who I recommended) who sent all figures, facts, etc.Â Unfortunately, she pre-qualified them without ever pulling their credit, which I found out after driving them from one side of Denver to the other over ther next three days.
They were REALLY good.Â You'd never guess.Â He's a pilot being transferred from Germany to work at DIA.Â They were professional, looked good, even smelled good.Â You know, the people described Ted Bundy after the fact.
I ended up driving themÂ from Castle Rock to Evergreen and everywhere in between around for three days until I found out it was all a great, big lie.Â Fooled again, Julie.Â I'm writing this blog with hopes that unlike me, you "won't get fooled again."
RE/MAX Masters, Inc., Greenwood Village, COwww.jmontgomery.com