3 Huge Signs A Home Buyer Isn't Serious

How amazing it must be if all potential buyers who were gushing over your home during showings were just as enthusiastic about putting in a competitive offer. If that's the case, selling your property would be a breeze. But that’s far from reality, whatever housing market you are in. This is why it’s important to distinguish between house hunters who are just shopping around and those who are serious about buying your property. After all, only a few of them are willing to take the plunge and commit to a major decision such as a home purchase.  Not sure how to tell if a buyer is serious about sealing the deal? Here are three crucial signs that indicate you may be dealing with somebody who may be indecisive, disinterested, or even deceitful. Keep each in mind to avoid wasting your time and resources, and to not get your hopes up whenever a buyer's commenting how they would love to live in the house. ### 1. The buyer came without a real estate agent.  The first indication that a buyer probably isn't serious about shopping for a home? It’s when they came to the showing by themselves. A serious buyer who is ready to buy a house should have a real estate agent by their side. Since it’s the seller who typically pays the buyer’s agent and it costs the buyer nothing, knowing that they enlisted free professional help is enough to show that they’re motivated to start putting papers in motion. ### 2. They have no pre-approval from a lender.  Despite telling you how much they would love living in your home, if the buyer fails to include a pre-approval letter when they submit their offer, it's an indication that they probably aren’t serious about purchasing your property. A pre-approval letter is a letter stating that the buyer has been pre-approved for a mortgage and will be granted a loan to purchase the home. Without one, they may not even be able to afford the home. ### 3. The buyer gave an unreasonably “low” lowball offer.  Everyone wants to get the best deal, especially if it's for an investment as huge as a home. But if a buyer submits a crazy low offer, it’s a sure sign that they don’t want the property. Serious buyers in today’s competitive real estate market will make sure to put in a legitimate offer —one that is at least close to the asking price and shows that they genuinely want to purchase the home.