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October 11, 2007
Do sellers know the buyers names when offers are accepted?
As buyers, we have no insight into who the seller is until contracts are signed b/c everything is offered and negotiated through agents/lawyers.
Is it the same for the seller? Or do they find out the names and other details about the buyers at the point that the offer is made? I'm assuming that sellers do see buyers names, etc since they have to verify our prequalification, etc. Just curious though if this is for sure.
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We're selling a family property in the 'burbs and once we were in contract and starting to empty the contents of the house, we asked the broker for the buyer contact info so we could offer them some furniture (for free.)
We got general info on the kind of people they were (age, marital status, location) when an offer was on the table.
Posted by: linkinplace at October 11, 2007 3:34 PM
We found out potential buyers' names when they put in offers. Our broker recorded their offer in a formal offer sheet with names, offer, base incomes, down payment proposed and any contingencies. We got copies of the offer sheet as each bid came in.
Posted by: zeebee_in_bklyn at October 11, 2007 3:45 PM
OP here- thanks!
Posted by: guest at October 11, 2007 3:53 PM
If you as a buyer want to know who the sellers are, just check the property tax rolls (or PropertyShark).
Posted by: geekspice at October 11, 2007 3:59 PM
Not to mention that you should have the seller's (sellers') name(s) on the contract when it's presented to you for review, not just when it's signed. Your attorney will need to do a lien, judgment, bankruptcy, etc. search against them.
Posted by: guest at October 11, 2007 4:05 PM
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