Second would probably be appraisal/appraiser issues, followed by underwriters asking for more and more conditions.
Otherwise, everything else is awesome!
This is coming from an agent who works mainly with buyers.
1. Listing agents who do not return calls, or even confirm receipt of an offer
2. Agents who put keys in the Supra box that do not open the property(this just happened to me Friday 4-46-13)
3. Buyers you do not show up for appointments (this just happened to me Saturday 4-27-13)
Yes, it has been a rough weekend:(
Kawian Payne, Realtor
2- Searching the internet is great, But buyer's take longer to realize that the public search sites are great but provide limited information. People need us more then ever with the hurdles and pitfalls of Short Sales.
3- Getting other agents to answer their phones, They are doing their clients an injustice. By not getting the listings shown.
#1 ~ Getting an offer accepted on a property for a buyers ~ with this hyper active market and low inventory, it seems like every property that is listed with a fair market value price has multiple offers in the first few days. (Sometimes up to 30 offers in less than 7 days)
#2 ~ Once we finally do get an offer accepted ~ then we are dealing with appraisal issues because we had to overbid just to get the offer accepted....
#3 ~ I miss the days when we would show our clients several homes, they would pick the one that they liked best and make an offer. We would negotiate terms with the seller and come to an agreement for the sale. In this current market, I have buyers that want to put an offer on anything and everything ~ they have become so desperate just to acquire any home.
Secondly, it's hard to get correct appraisals when home values have risen 6% since last year and comps are still based on old comps, unless the appraiser knows to use the positive time adjustment.