length of listing agreement
The Length of Time for a Sacramento Short Sale Listing
Home sellers don’t always read everything they sign, especially a real estate listing agreement. But I think it’s important for people to know what they are signing, so when I meet with sellers in Sacramento, I explain the purpose of each document. Sometimes, I can sense that they wish I would simply shut my trap and let them sign. They often don’t care. They just want to put that Sacramento home on the market and get it sold. They want to know where to initial and where to sign. Beyond that, it doesn’t much matter.
If I am meeting with a let’s-hurry-up-and-sign-these-stupid-documents-seller, I do point out a couple of things, nonetheless. That’s because I am sensitive to the mistrust issue. They don’t know this Sacramento real estate agent, but they have had friends tell them not to trust real estate agents. They’ve heard the stories. It’s unfortunate that I am in an industry that generates mistrust like this, but it exists, and I’d be foolish to ignore it. I don’t ever want to give any client any reason, regardless of how minute, to mistrust me because, believe it or not, I am actually on my client’s side. I want what is best for them.
So, I take a moment to point out when signing in person the length of my listing agreements. I don’t want a seller to discover it later and freak out. The term of a listing agreement is negotiable between the seller and the Sacramento listing agent. Having said that, I have my own practice of how I do things. I know what works and what doesn’t for me. I don’t vary my standard of practice. If a seller wants me to do something differently than the standard way I do things, then they can hire a monkey. There are monkeys for hire in this business. They can hire a monkey who will leap from tree to tree and do somersaults in the air for them. Maybe their home will sell and maybe it won’t. If they want performance and a guarantee on that performance, then they will let me explain how I do business and list with me on my terms. Over 30-some years, I’ve earned that right.
Especially when it comes to a short sale. I consider myself to be an experienced short sale agent. People know my name in Sacramento. I’ve closed hundreds of short sales in Sacramento. But I can’t guarantee that a short sale will close in 90 days. There are too many variances. Things beyond my control. I do my best to reign them in and prevent crap from happening, but I can’t guarantee that it won’t. This means I take my short sale listings for a year. Yup, 12 months minimum. Not because I think it will take a year but because I don’t know. Every short sale is different. That’s actually insurance for the sellers that I won’t bail on them. I won’t jump ship and leave them stranded. If a buyer cancels, I’ll find another buyer. If that buyer cancels, I’ll keep on finding buyers until we close.
But if a seller doesn’t want that kind of dedication and level of service, then by all means, list with some other Sacramento short sale agent.