Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: Should Buyers and Sellers Meet or Even Be Friends After the Sale?

Should Buyers and Sellers Meet or Even Be Friends After the Sale?

When you bought or sold your last house, were you friends with the other party after the sale? Did you go back to your old house and have drinks with the new owner? Did you invite the seller over for a dinner party? Should buyers and seller be friends after the sale?

I found this question quite odd as my immediate response was, "Are you kidding me?"

buyers and sellers homes for saleIn my 12+ years in real estate, the buyers and sellers have only met a handful of times. It might be an awkward passing in the lobby at the title company. It might be that the seller comes home early during the inspection and the buyers are still there.  In a couple of instances, the house had complicated equipment, so I arranged for the sellers to meet the buyers at the property to review the equipment instructions. Otherwise, buyers and sellers don't meet!!

There are too many emotions involved in a real estate tractions to put the buyer and seller in the same room. I understand that in some markets, the buyers and sellers actually sit at the same closing table. I think that's obsurb, and it should never happen, especially if there were some hard negotiations on price and/or repairs throughout the transaction. Why have the bitterness at the same table together?

Twice, we've sat at the same table because of scheduling conflicts. The first time the sell asks about the appraisal to which my smart buyer says he never looked at it as he was just told it appraised. The seller's response in a very rude tone, "I knew I sold too low!!" And another instance where the sellers were leasing the house back from the buyers for 3 weeks, and the seller were upset about writing the lease check to them with a "I can't believe we have to pay to live in our own house!" to which no one dared remind them that it was no longer their house...

If you're a seller and you become friends with the buyer, do you really want to hear things like "The AC went out again! That's three times this Summer. Did you ever have issues like this?" or "Can you believe I already had to replace the water heater after being in the house just a couple of months?! Did you have any issues with it when you lived here?" or how about "Those dogs next door keep me up at night. DId they bark that much when you lived here?"

I don't want to hear about everything that is going on at the house that I just severed ties with. They might be very nice people, but I don't think I want to break bread with someone living in my old house.

**Are You Packed Yet?**

donna harris Realtor Austin TX blog

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
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Austin TX Real Estate

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Copyright© 2013 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* Should Buyers and Sellers Meet or Even Be Friends After the Sale?
* was first published on donnahomesblog.com.

Comment balloon 13 commentsDonna Harris • March 11 2013 04:34PM

Comments

Donna- I have had them meet.. Sometimes in difficult transaction having them meet has worked very well for us..

Posted by Scott Fogleman, New Home Team (New Home Team 804-573-9592) about 7 years ago

Donna, I love the seller who said: "I knew I sold too low." ROFL We don't have closing tables in California, which is a relief, but I don't think it's a good idea for buyers and sellers to meet. It is awkward when it happens by chance.

Posted by Pamela Seley, Residential Real Estate Agent serving SW RivCo CA (West Coast Realty Division) about 7 years ago

Donna,  I have had the situation where the seller spent an afternoon showing the buyers the ins and outs of running the systems in the house, but that's it.  As Pamela remarked, it's a relief that buyers and sellers don't meet at the closing table.  I can only say, amen!

Posted by Marge Draper, REALTOR, Keller Williams Realty, Menlo Park CA (Keller Williams Realty Palo Alto) about 7 years ago

I would suggest not, for the sellers to move on......

Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) about 7 years ago

Donna - It's probably not a good idea for buyers and sellers to meet and you stated several good reason why not. 

Posted by Jim Patton, Realtor - Stanislaus ,Merced, San Joaquin Counties ( Aspire Home Real Estate 209-404-0816) about 7 years ago

Scott, Meeting during a bad transaction? Wow!

Pamela, We did get a good deal...

Marge, Me too!

Gary, Exactly!

Jim, Thanks!

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) about 7 years ago

I have not had any sellers and buyers become friends that I know of, but I can see where it could get dicey.

Posted by Kathy Stoltman, Ventura County Real Estate Consultant 805-746-1793 (Rockwood Realty) about 7 years ago

It's risky and not something I do in my personal transactions.

Posted by Richard Dolbeare, R(B), R(B), ABR, CRS...Hawaii Multi-Island Specialist (eXp Realty) about 7 years ago

I never allow the buyers and sellers at the same closing table at the same time! Yikes! And, I don't know of any who ever became friends after the transaction.

Posted by Sussie Sutton, David Tracy Real Estate for Buyers & Sellers (David Tracy Real Estate) about 7 years ago

Hello Donna, I am not a fan of them meeting till the closing table.  Sometimes it works out but...

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) about 7 years ago

I guess like life you are going to get a wide variety of responses on this and it all boils down to each ones own experience as I can see pros and cons and plentiful arguments for both

Posted by David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg (US Mortgages - David Shamansky) about 7 years ago

Separating the buyer and seller is always a good idea so that these "situations" don't occur.  Occasionally it works, but it's a gamble!

Posted by Jan Green, HomeSmart Elite Group, REALTORĀ®, EcoBroker, GREEN (Value Added Service, 602-620-2699) about 7 years ago

I have most of my sellers meet the buyers at some point.  Sometimes at a showing, sometimes at an inspection, at a walk through and at the table. I have even taken buyers and sellers out after closing to break bread.

Posted by Margaret Rome Baltimore 410-530-2400, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) about 7 years ago

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