Chris Lengquist

"Kansas City Investment Property Specialist"

I'm a:	Real Estate Professional
Company:	Keller Williams Realty, Diamond Partners, Inc
Location:	Olathe
Web sites:	BBQ Capital: A Kansas City Real Estate Blog
	My Personal Website
	Olathe Kansas City Real Estate
	http://listwithchris.yourkwagent.com/
Phone:	(913) 322-7515

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About Me

Olathe Kansas City real estate agent with a focus on investment property in the Kansas City area.

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Chris Lengqu…'s Questions (0)

Chris Lengqu…'s Answers (51)

Where can I find more information about these properties.?

Asked Fri Sep 5 2008, 08:56 by Gen - Olathe - Home Buying - 10 answers

Chris Lengquist answered:

And by the way, before anyone says as a Seller's Agent that I'm greedy, it's not that at all. I want that listing sold. I will work with whatever agent a buyer brings. BUT, and here's the deal, I may not necessarily have to pay them if the client has already gone too far down the road. In the end, however, it is usually whatever is best for the listing agent's client that will take place. At least it is with an ethical agent. - Fri Sep 5 2008, 12:58

You really should not call a listing agent. That 's the best way to avoid the problem. I've had people call me and say "I don't want to bother my agent." So it's okay to bother me? :)

As far as open houses just tell them that you will be working with another agent. They will probably accept that and still allow you to walk through the house. Just don't ask many questions and do not volunteer any answers. And certainly do not lead them on.

We are all sales people/real estate counselors. We'd love to help. But we should and largely do respect professional boundaries. We don't want to "steal" another's client but we also do not want to waste our time helping someone else collect a check.

And just because NACA assigns you an agent doesn't mean he/she will be the best agent available. Be sure to quiz them as to their qualifications. - Fri Sep 5 2008, 12:55

So long as you have not spoken to the LISTING AGENT(S) you should be more than okay. - Fri Sep 5 2008, 11:53

Thank you for the kind words.

The last piece of advice I would offer is be careful then that you are not getting your future agent in trouble. There is a thing called "procuring cause" and if you have met with another agent and taken their time and gotten in to details with them then they may not want to pay the other side when they become involved. And worse, you may be giving away information to them that you really should not disclose.

I know it's hard. But sometimes patience is the best course of action. Again, good luck. - Fri Sep 5 2008, 11:30

My advice: Hire a Buyer's Agent. Gen, I know you've been prowling homes for a while now. Interview 2 or 3 agents and get started. You'll be glad you did when you look back.

I'd be honored to be one. There are several others on here that would love the chance to interview with you.

Either way, good luck and happy home-owning. - Fri Sep 5 2008, 10:52

County appraisal question...

Asked Tue Aug 26 2008, 17:07 by Gen - Overland Park - Home Buying - 6 answers

Chris Lengquist answered:

Sounds good. A pre-approval is always best so you know exactly what to look at. And may I suggest that you don't necessarily need to spend all that you are approved for. It's always nice to be able to afford pizza and a movie in addition to the house. :) - Wed Aug 27 2008, 06:15

Well, there are many factors that go in. And sometimes one of the factors is an unrealistic seller. Overall, homes are selling for about 94% of their FINAL asking price.

Are you currently working with a Buyer's Agent? If not, why not? May I offer my services? - Tue Aug 26 2008, 19:31

The proper answers can vary wildly. JoCo, at least in my opinion, used to run about 6%-8% below what the home would actually sell for. Today, well, sometimes it's right around where the house sells. But here is the deal, the county appraisal isn't what the house is worth. What a house sells for is what the house is worth. Then THAT needs to be supported by an independant appraisal. Keeping in mind that independant appraisals are designed to show support or no support for a particular property, not to determine it's real value. Follow? - Tue Aug 26 2008, 18:07

An offer was made on a home after having done home inspection. I won’t mention the agents name or company.

Asked Fri Aug 22 2008, 18:56 by John - 64152 - Home Buying - 6 answers

Chris Lengquist answered:

Ask your attorney if any of his/her clients have ever withheld the full truth from them.

I've found out later that clients lied to me. We can only represent what we know to be true. I have to take reasonable care to know the truth. But should I have a full personal investigation of each of the clients I work with? I don't know that that is reasonable.

It's the owner of the property you should go after. But, then, they don't have any money, do they? So you want to go after the agent. If you find that the agent knew and withheld then you should certainly do so by filing a complaint with the state agency that governs that agent. That will do more to them than small claims court. So now you need to know if you have proff they knew.

I'm not trying to sound cold. But that's probably where you stand. - Sat Aug 23 2008, 06:41

Are there any mortgage companies who are friendly to small business owners?

Asked Fri Aug 22 2008, 09:24 by Rebecca - Kansas City - Financing - 9 answers

Chris Lengquist answered:

Money is hard to come by right now. And I think with every one in "duck and cover" mode you are going to find this to be pretty standard. You may wish to call Mitch Ashlock over in Olathe at First Federal Savings. Though I do need to warn you to buckle up for the interest rate if he can help you. - Fri Aug 22 2008, 11:24

Is this really a home for sale? I have tried finding the address of it, looking at the web site it refers to

Asked Fri Aug 22 2008, 07:34 by Gen - Overland Park - Home Buying - 9 answers

Chris Lengquist answered:

I have no idea. I can tell you that you should report them to the state of Kansas because it looks to me like they have several violations going on if they are a broker of any kind. - Fri Aug 22 2008, 07:48

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