This one (audio podcast above) has to do with Pre Foreclosures and being able to get the most bang for your buck on-line. Have a listen, and what follows is an event that pushed me back a bit today…
“I forgot to call you, it all moved so fast…”
We had a “past client” of ours call us needing to buy a home. He said he wanted a home with a three car garage, that accepted VA, and that was priced under 475k.
After doing some research, I found out that our client, my long time friend that I tasted blood with on the LAPD, the one whom we had met with 9 months ago, stayed in contact with, helped have his credit repaired and the one that was using the lender we referred him and his family to, had written two offers for two different homes recently.
I was confused – but I went along and answered my friends questions. We finally came to the point in our conversation where the “uncomfortable truth” came into the conversation.
He said he did not how things worked in real estate. He said he entered his personal information on-line to search, a real estate agent called him back, and everything moved so quickly…
He further commented, it all was so fast, he wrote two offers on two different properties and neither had been accepted, he again reminded me that he did not know how these things worked.
He also said that the agent showed him and his wife many homes. He ended up having her write two offers on two of the properties they saw and that his agent knew who Paris and I were. Apparently, we must have been brought up in the conversation.
It’s all moving so fast…. 🙂
But, he said it all moved so fast. So fast apparently, that he forgot to call me until the point that things slowed down, and his agent was unable to get him what he wanted.
As a Realtor, this is a tough spot. While we are commission based, should I care about loyalty? I get it, “In real estate no owns anyone anything – Loyalty belongs in war, not in Real Estate…”
I know what his agent was doing, I know why she was unable to get his offers accepted. I know what she is up against with writing VA offers. I also know that she should know to include the mandated 1% contribution from the seller on every VA offer she is writing, apparently she does not.
Ignorance costs money…
I suppose that my “friend” would have been really upset after spending the money on a home inspection and appraisal, only to have the deal fall apart when the sellers refused to pay the 1% closing costs because my friends agent failed to ask due to ignorance.
He says he will call me tomorrow – That’s fine, but I’m not sure at this point if I want to have one of my team work with him, is that wrong of me?
Be safe – talk soon and thanks for reading me vent…
A wonderful Comment from a Friend of ours on G+