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Theater In Thursday Real Estate
A theater in Thursday real estate yesterday felt a bit like a soap opera. I received an offer and the agent had called me 5 times about how much this buyer wanted the property and was desperate. We had two other offers that were not as promising. Shortly after the seller had accepted this buyer’s agents’s offer, he said the buyers had changed their minds and didn’t want to buy the home.
When I asked why he said: “the buyers had revisited the property yesterday and had simply changed their mind.” As one buyer was out-of-state and the other a truck driver on the road, I wondered how they had revisited the home? I suspect as one of the buyers had not seen the home that it was a determining factor, as it usually is. I always ask agents if all parties have seen the home in person. When a buyer has not seen a property in person, they can often get buyer’s remorse.
Luckily, other buyers came to look at it and they are submitting an offer. This original buyer’s wife was out-of-state and not sure the agent ever showed the property to the other buyer. We will never know the entire story here.
Of course, the sellers who moved out of state and were elated to accept the offer were sadly disappointed with the news. Of course, they were. Imagine you think your home is sold and then you hear that the buyers had decided not to buy it within the course of an hour.
I knew something was up as the offer was not filled out correctly and there were odd mistakes. The agency was not checked, no dates on the contract and several other errors. I sent a counter offer with corrections earlier the same day. The agent said he would draw a new contract and make the corrections. His rewritten offer # 2 was also incomplete. When things do not add up and agents are sloppy with their work, there can be factors at play beyond a listing agent’s control.
My theory: better early on to have a buyer change her mind rather than to drag it on and cancel many weeks later. This home is immaculate and in very good condition. I expect we will sell it very soon to a lucky buyer. The motto here, both buyers should always physically see a property before they make an offer. Touring a home saves everyone a lot of unnecessary drama in the theater in Thursday real estate.
Our team immediately jumped into action and we have an open house scheduled. The online marketing has been updated to attract new buyers quickly. In an affordable price range this property will quickly get back into escrow.
If you would like to buy or sell your home, call Weintraub & Wallace Realtors with RE/MAX Gold, at 916-233-6759.
— JaCi Wallace
Road Rage and the Sacramento Real Estate Agent
I have a frame around the license plate on my car that features my name and the name of my brokerage. Other agents ask me if I don’t worry that identifying myself on the road could have consequences on my real estate business if I were to do something so rude as to cut off another driver in traffic. See, that thought never occurred to me because being rude on the road is not something I would do. I’d much rather be rude in person, thank you very much — just kidding!
The fact is if I see people waiting to cross the street, I stop my car and let them cross. Especially if they are standing in the crosswalk because pedestrians have the right-of-way in California. It also gives me 5 seconds to check email. I move far away from people on bicycles when I drive past them. When I spot a vehicle merging on the freeway, I either speed up to get out of their way or I slow down to let them in, but I don’t try to impede the merge. I am not an angry driver. Other drivers don’t make me mad unlike some people I know — whom I won’t name because I want my dinner served hot and not cold tonight.
My focus is to get from Point A to Point B in one piece. It’s nice if I enjoy the journey along the way but it’s not a requirement. It’s the same sort of focus I bring to my real estate business. There is no reason to let personalities clash when trying to focus on closing a transaction. I don’t let obnoxious people rile me up. The big picture is in my radar at all times. Just because I might have your number doesn’t mean I’ll dial it.
Like yesterday a neighbor from one of my listings called, very irate. He was spitting mad. He claimed the sellers’ kids were breaking into a house to party before they went to school. I guess it used to be their house. I think he wanted me to storm over to the house, rip my sign out of the yard and beat the kids over the head with it. He wasn’t happy when I suggested he call the police and pointed out I could not call the police because I am not a witness to the alleged crime. I could hear the venom spitting into the other end of the phone. I suspect when it comes time to put his home on the market, he won’t call me.
And that’s OK.
I passed along his story to the sellers.
If you’re thinking about putting your home on the market and need an experienced Sacramento real estate agent, call Elizabeth Weintraub at 916 233 6759. You won’t get drama out of me. Just hard work.
