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Acting in the Best Interest of my Client!

By
Real Estate Broker/Owner with Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 GREC# 169695

A few weeks ago I was contacted by a former client about purchasing a home for his son.  His son is a renter, a firefighter, married with 4 children (three under age 5) and his wife does not work.  So the price of the home needed to be something with payments equal to or under his rent.

Well there are lots of REO (Bank owned- foreclosed) properties in my area that are not on the lake, so this task was fairly easy.  I found a few and my buyer/client drove by them and decided on which ones to take a look at and contacted me again.  He settled on one and we put in an offer.  Offer accepted and we began to move toward settlement. (May 28, 2009)

Well there were problems with title that the buyers attorney found and I called the listing agent to address them.  Now the listing agent is working a different job 9 to 5 Monday to Friday right now to make ends meet for their family and really didn't know a lot about manufactured home titles.  So even though I represent the purchaser I stepped in and fought a fight with Freddie Mac and got them to agree to get duplicate titles and paid out of my pocket the attorney fees and filing fees for duplicate titles to be ordered from the state DMV.  The new titles have been printed and mailed and are on the way to the seller's attorney.  Problem solved, one woud think, but now for the next problem. I mean I'm not going to throw my clients to the gators because it's not my job to solve the problem.

The sellers attorney, even though we were originally supposed to have settlement on May 28, 2009 and had to get an extension, still have not provided instructions for the seller's fees and the HUD statement to the buyer's attorney.  So, yesterday, once again, even though the buyer's attorney called the listing agent nothing seemed to be getting accomplished to expedite settlement date, I stepped in and started making phone calls and writting emails to the seller's attorney and the "supervisor" of the group assigned to handle this listing.

I could be doing nothing, it's not my listing and possibly not my place to be doing these things and making these calls and writting these emails and pushing these people who are not performing to actually do their jobs.  But to what end?  My client needs to purchase this house.  We negotiated well and he got a great deal.  It's a 2001 manufactured home on 3.35 acres and the sales price is less than $40,000.  My buyer wants this house.  His son NEEDS this house because he has given notice at the home he is currently renting.

I could be venting and writing a post about the listing agent not doing their job.  But to what end?  Would that help my client?  NO.  While I am not thrilled to be doing both sides work on this contract I do not know the personal financial circumstances of the listing agent. It could be they would not be paying their mortgage or feeding their children without this other job.  I'm in no position to judge them.  And what good would it do me anyway.  Complaining wouldn't keep me from needing to do what is in the best interest of my client.  And not doing it sure as heck wouldn't be in the best interest of MY CLIENT!

I have read on so many blog sites lately with agents posting blah blah blah, they aren't doing their job, or they are doing their job wrong.  So let me ask you, did it make you feel better? Did it help your client?

Sometimes, in any market, we must go above our job description to help OUR CLIENT.  And in this market, in this economy, it just may be more often.  JUST DO IT!  If you spend the time doing what needs to be done instead of whinning about someone NOT doing their job it just might be the end result your CLIENT wants and needs to happen. Sometimes there are storms clouds, you just have to make it through and keep moving forward.

Do I have a bad attitude that I have done things that the listing agent would have done had they not been at their other job.  No I don't.  I consider myself fortunate that in the downturn of the economy that my husband's job and salary have not been effected and he brings enough money home each month to keep our bills paid.  Mind you we are not saving money right now, but fortunately we had saved in the past and have some savings.  But if I didn't have my husband helping I too might be forced to work a second job right now to make ends meet.  Things happen, life changes.  So while I'm not happy or jumping for joy to be doing things that rightfully the listing agent should be doing I am not angry about it.  I'm doing what is in the best interest of my client.

If you are looking to buy or sell on Lake Sinclair, call me.  If I'm working for YOU, I'll do what is in your best interest also.

 

Tammy Lankford/Broker (Lane Realty) Lake Sinclair : Real Estate Brokerage in Eatonton, Putnam County, Georgia706-485-9668 (Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner

Broker License # 169695  Lane Realty License # H-11420

Call me today for all your Lake Sinclair real estate needs.

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Tammy@Lake-Sinclair.com

(Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner

 

Broker License # 169695  Lane Realty License # H-11420

Real Estate Instructor License # 355089

Call me today for all your Lake Sinclair real estate needs.

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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Gary-Or even can't do, as this agent's other job does not allow him/her the freedom on working on real estate matters except during their lunch hour.

Chanda- That's why I love this business so much, it is about helping people and I get great satisfaction from the end result of happy clients.

Jun 04, 2009 11:15 AM
Debra Cernick
DeShazer Ryan Realty - Libby, MT

Good job-- good attitude . This business is a bit crazy.

Jun 04, 2009 11:57 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Tammy - It's like I told my son, who is new to the business, the other day.  A good portion of what we do, is simply make sure all the steps needed to close a transaction happen.  If they aren't happening as they should, then it's our job to identify the entity that's keeping it static.  Once identified, it becomes our job to prompt or work with that entity to move the process forward.   Much of it is about communication, and once in awhile a "commissionectomy" to pay for those little extras you talk about in your post.  I see many agents wringing their hands and rehashing the negative stuff when it isn't productive.  It dims the focus of staying on target and getting things done, and it zaps your energy in the process.

Jun 04, 2009 12:03 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Debra- I don't know how folks who don't have a good attitude keep in this business and stay sane.

Myrl- That's true and I can't afford to have my focus lost or my energy wasted complaining instead of doing something constructive.

Jun 04, 2009 01:00 PM
Susan Mangigian
RE/MAX Preferred - West Chester, PA
Chester & Delaware County Homes, Delaware and Ches

Tammy, stepping in to do what needs to be done, no matter who fits the job description is the sign of a good person!  Good for you!  You are wonderful!

Jun 04, 2009 02:58 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Hi Tammy-I am very proud of you my friend. You do know needs to be done. That says a lot about the kind og person you are a truly wonderful one. <SMILE>

Jun 04, 2009 03:28 PM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Tammy, I believe you have the right attitude! You are a wonderful example for all to pitch in and get things done FOR YOUR CLIENT.  You are also a very compassionate, passionate person! Great post! Good job Tammy!

 

...and all along at the beginning of the post, I thought you were going to say something about that alligator!

Jun 04, 2009 03:35 PM
Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com

Tammy,

Great work... Sometimes it is difficult but in the end we have happy clients.

Ann

Jun 04, 2009 04:16 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Susie- my clients are good people and it's not fair to let them suffer because something that can be done isn't getting done.  Thanks :)

Sharon- you always make me smile.  You are super sweet.

Mary- I believe at the time I was threatening to toss my daughter over the fence to be eaten by him.  We were on vacation in Florida just days before she started college.  And I was really just so fed up with reading posts about what the other agent was doing wrong.  Get over it already and just get it done.  Did all those cows get moved up there?

Ann- Having a client that would recommend my services at the end of the deal is very important to me.

Jun 04, 2009 04:50 PM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Tammy, the first batch of cows are moved - I haven't seen any others lately :-)  Thanks for asking!

Jun 05, 2009 01:15 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I love, love, LOVE this post, Tammy. You've gotta do whatever you've gotta do for your client. End of story. I had an REO where nobody was responding. The appraisal came in low, and everybody's reaction, including the BUYER's MORTGAGE BROKER was saying "let's contest it." That wasn't in the best interest of the client. Getting the price lowered by the REO bank was the best thing. I sent the addendum requesting the price reduction but received no response. The buyer's contingency period had expired. I emailed, I faxed, I called. I asked another agent to call, email and fax. Days went by. Finally, the TC called escrow, figuring escrow should have a way to correspond with the seller, even if the agents didn't respond. Sure enough, today we got the addendum signed. The buyers got $12K knocked off the price. Some things are worth the battle, no matter what it takes!

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Jun 05, 2009 01:42 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Mary- I am hoping the rain will let up for parading our cows around in the morning.

Elizabeth- Finally today I got to see the HUD statement, the bank is happy, the titles to manufactured home are being overnighted to the buyer's attorney and should arrive on Monday and we are now scheduled to close on Wednesday.  My buyer, his son and family are all thrilled.  In fact when my buyer called me tonight at around 7 pm to tell me he had got my last message about the closing he was apologizing for calling me at 7.  I told him it was okay because I was meeting the locksmith at one my listings because the deadbolt broke and I didn't want the house to miss any possible weekend showings.    I'm glad your buyers got the price reduction.  Way to keep hounding until you get any answer.

Jun 05, 2009 03:38 PM
Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com

Tammy,

Yes, referrals are awesome!

Ann

Jun 05, 2009 04:18 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Ann- Absolutely and after the past three weeks and my buyer client who has been very involved in the process day to day has seen my emails, and heard about my phone calls... and I honestly think if he even heard someone talking about real estate he'd interject on my behalf and tell them to call me. 

Jun 05, 2009 04:28 PM
Not a real person
San Diego, CA

Some people rock and roll. Other people crawl under a rock and roll over in bed.

Jun 06, 2009 02:59 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Or simply pull the covers over their head and wait.  You are so right Russel.

Jun 06, 2009 08:17 AM
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

And what you do allows you to sleep well at night. That's more than money can buy :)

Jun 07, 2009 06:35 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

You got that right Sally.  Peace of mind and a clear conscience is is WAY up on my priority list.

Jun 07, 2009 07:28 AM
Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com

Tammy,

That is so cool!  You must be an excellent agent!

Ann

Jun 16, 2009 04:51 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Thanks Ann, I appreciate the compliment.  And I can only say that I work hard for my clients and I don't give up just because I don't get results with the first phone call.  I won't be beat by the "system" and I won't let my clients suffer because someone in the process isn't doing their job.

Jun 16, 2009 04:59 AM