While showing bank owned (REO) properties I have had numerous problems with people coming in the home without an agent while I am showing the property to my clients. When they walk in I ask them if they are with an agent and when they say no, I politely ask them to leave and tell them they must be represented by an agent to view the property. They usually comply.
A few days ago this happened again, but the people lied to me and said their agent was in the car and will be coming in shortly. I watched them carefully and one woman went back outside and then a few minutes later came back in. I asked again where their agent was and she said she was on her way. Then they left a minute or two later...no agent came in representing them. Is this a common problem with anyone else? It is happening to me way too much!
As you know, most bank owned properties have a combo lock and not a supra lock box. When I open the combo lock, I mix up the numbers after taking out the key so the combo is not exposed while I am showing the home. I have heard many horror stories and experienced one first hand of people gaining access to vacant homes and fraudulently leasing the home to unknowing victims collecting first month's rent and security deposit along with other fees and then they disappear! Hmmmm...I'm wondering if this is one way they gain access!