Bear with me! It is the start of the week... a little punchy - and I wanted to relate a story that I thought was funny, and which ended up well... I had a wonderful listing in New Rochelle, and I was fortunate enough to have many wonderful appointments. It was on the higher end, and so people were reluctant (I felt) to step up to place those much needed bids. An agent emailed me months into the listing, and said that if my clients would consider a bid some $400,000 less, together with furnishings, he 'thought' he could get his clients to place a bid.... I wrote back, thanking him, inviting him to place his bid. and sent my usual blog links, tour links, price per square foot on the street in this special private gated community with private beach, etc..Well, the agent wrote back and stated "I never thought you were stupid when I met you..."  "What a stupid, dumb......." "Don't you know the market".....  He said that he didn't charge his clients and friends high commissions either... The language was a lot rougher than that, but you get the point. I just started laughing..... I could have reported him.. but why? I patiently wrote back, and once again explained my position.... and then after a few more emails back and forth with my being constantly polite, he responded, apologizing and said that he had 'lost his temper..'  and thanked me for being professional throughout.  Oh my! I hope he doesn't do that with customers!

I ended up having multiple bids for this glorious New Rochelle property, and we closed some $50,000 over the list price for $2,350,000.....some $450,000 more than he thought I should have accepted. He probably felt that by bullying me, I would tout his horn to my clients... the only thing was - I knew it was a great house, and I would sell it ...

My client and I did laugh at his expense as I read her the email.... and when we had closed on the house, and were celebrating over lunch, she asked if I had called him to gloat? I said that I hadn't, he would see the end result in the MLS ......   but how many times have you been bullied by an agent who doesn't know of which he/she speaks, doesn't know the market or who is just a bully...  I am sure it is more common that we think. What experiences have you had?

 

Have a great day.  Gay

Gay E. Rosen, ABR, CBR, CRS, GRI, SRES, CDPE, REOS
Licensed Real Estate Associate Broker
Houlihan Lawrence
2070 Boston Post Road
Larchmont, New York 10538
(914) 833-0420 Ext. 307
(914) 907-2645 Cell

Email: grosen@houlihanlawrence.com

2012, 2011 & 2010 Platinum Award Recipient
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11 Comments on Has Anyone ever Bullied you in trying to Accept a Lower Offer?

SEP
20
2010
256,845 Points 5 Featured Posts Outside Blog

sounds like a great property...if you have a personal web site you should join the Castles(R) Broker Network...$1 Million+ referrals...no charge to get started...and you can list all of your $1 Million+ listimngs for free as well.

8:30am • #1
1,023,989 Points 66 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I frequently have rental prospects who can't afford the rent for a property I manage and offer lower rent prior to submitting an application .  When I don't accept their lower rent offer, they threaten to contact my client/property owner (how they would do that this in a timely manner that would be of help to them is unclear) .

This idea of "all offers must be submitted to the property owners" does not work in property management!!!

8:30am • #2
188,828 Points 6 Featured Posts Outside Blog

Good for you for remaining professional!  

I had one of those last year.  This house was pristine, completely move in ready, two master bedrooms, and an all around nice home.  We had it listed for $299,000 and the agent kept bickering with me and telling me how his offer of 275K was good and way more than the comps would ever support.  I knew that wasn't the case and when we closed on the house at 292 and it appraised for 294, I sure did send him a text (his preferred mode of communication) telling him.  

I remained professional but still allowed myself the satisfaction of not being bullied.  I never heard back!

I bet your celebratory lunch tasted even better that you could have expected.  Congratulations!!!

8:37am • #3
4 Featured Posts

Here's how it happens to contractors,

I give a bid of $35,000 for a remodel and the client counters with I got bids for $20,000, 2 of them.

So I get the materials list from my vendors and show them to the client, they total $18, 562. I then say you are getting all this work done for $1500 and that's an incredible deal, you found a group of professionals to work for $6.00 an hour, I think you should hire them.

That was 6 months ago, I drove by last month and they are still working on this bathroom I guess, because there are piles of junk in the front yard.

It's hard not to call and ask how it's going.

9:02am • #4
371,285 Points 10 Featured Posts Outside Blog Called Shot Master

Hi James: Sounds like a plan!  Gay

9:30am • #5
371,285 Points 10 Featured Posts Outside Blog Called Shot Master

Hi Wallace: Sounds like a lot of aggravation for you. Best, Gay

9:32am • #6
371,285 Points 10 Featured Posts Outside Blog Called Shot Master

Hi Tricia: It always feels so nice to be proven correct doesn't it!  I don't know why they have to act that way - we will all be seeing each other for years to come...  Best, Gay

9:34am • #7
371,285 Points 10 Featured Posts Outside Blog Called Shot Master

Hi Paul: I am sure it is harder for you now with the economy and people who 'throw' out low ball numbers.. It is the old story, you get what you pay for!  Sorry for your experience.... You should mnetion it though on your next call to make a point..  Best, Gay

9:36am • #8
425,771 Points 4 Featured Posts Outside Blog Hit Router Called Shot Master

Hi Gay, love the success story!  I'm a firm believer of karma.  You took the high road and it payed off, congratulations on the sale.  Have a super week:)

12:14pm • #9
SEP
21
2010
813,513 Points 243 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Wow, good for you for being a professional with the punk. Success is the best revenge. 

11:46am • #10
371,285 Points 10 Featured Posts Outside Blog Called Shot Master

Hi Phil - I am sure you know the types.. we all meet them in our (aggressive) area.... but it is good to just laugh them off! Best, Gay

1:59pm • #11


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Gay Rosen

Larchmont, NY

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Houlihan Lawrence

Address: 2070 Boston Post Road, Larchmont, NY, 10538

Office Phone: (914) 833-0420 x 307

Cell Phone: (914) 907-2645

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Harrison, Larchmont, Mamaroneck, New Rochelle, Rye NY real estate info for home buyers and sellers.


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