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I am very irritated that a Closing Company took the time to contact MY seller on their own and going around me, to tell them we needed an extension until after New Years to get this closed. I was supposed to have 3 closings last week 0 of which closed for various delays from the bank, to still waiting for an appraisal after near 4 weeks to closing attorneys not wanting to work.
This December has been the busiest month for Real Estate in 6 years. The week before Christmas was the busiest week of Real Estate ever in 25 years on the job. In a combination of New Hampshire's strong economy, low interest rates and great prices homes are selling. The problem is no one seems to be working.
If you need to sell your home and you owe more than your house is worth, i may be able to help. I specialize in working with home owners to get your home sold. There are many options such as a short sale whcih may be able to help you.
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26 Comments on Why are people in the Real Estate Industry NOT READY TO WORK?
Raymond I have noticed the same trend, thanks for the comment
Thank You Mike, This week it will be like dragging that engone block, a Piano and perhaps a Mack truck to reach the finish line by Friday.
Scott,
Most Realtors, bu nature, are not hard working hustlers. As one of your respondents noted, many are part-timers. In addition, many Realtors got used to being order takers and now feel slighted that they don't have their weekends off or that they can't fall back on their "years of experience." No one gives a damn how many houses you sold five, ten or twenty years ago, only what you can do for them today. Times are tough and the hustlers are the ones who survive. Keep doing what your doing and you'll be fine. I wish the state of NC would impose a minimum standard number of transactions necessary to hold a license, just to weed out the license holders (I refuse to call them Realtors). I'd pay 10x what I pay not to have a license if these jokers were out of the industry and I had the comfort of knowing that I was dealing with full-time professionals, not some bored ex-housewife who's tired of watching soaps and likes to hang around the office to have people to chat with. Have a safe and happy holiday!
Hi Scott, I feel your frustrations!!!! and agree totally with you. I have so many comments on this subject, there is not enough room on the page. Christmas is difficult time but if you have to work, THEN WORK, party or not. Maybe the difference is the people involved are working 9 to 5ish type jobs and we Realtors are a 24/7. We have a different work ethic, at least most of us do. I guarentee you that if their pay was chipped away for their portion of the job not getting done in the time frame allotted, it would be a different story.
Profound question, Scott. We are having the same issues in our markets. Some of the delay excuses are very creative and others are uncaring. Too many are unwilling to invest the concentrated efforts that are needed to get to settlement in this market.
It is very important to have a skilled real estate professional during this time of great opportunity. The home selection is wonderful, the prices are attractive, and the record low mortgage interest rates compel buyers to move ahead during what may be the most favorable set of circumstances they will see in their lifetimes.
Longwood Gardens IMG_2169
Photograph by Roy Kelley using a Canon PowerShot G11 camera.
Roy and Dolores Kelley Photographs
John I think you hit one of the problems, for some people Real Estate is not their first priorty which means their customers are not their first rpiority and we all have to suffer for that choice. Buyers and sellers can prevent future problems by using a full time and local agent. thanks for your comment
Malinda that is a great ideal, That is why i get so puzzled as those who only get paid when it closes need to work harder where those who get paid anyway wont have any more work if they keep delaying closings for those who depend in them finishing their job and getting the closing to close. Simply I wont refer them to do the closing s any more.
Roy you have said it all, buyers are so happy and so willing to buy. Thiose agents that can see this are doing very well. I am very busy from the result of working hard. Loan officers and closing companies need to realize it is we that refer them so if they can not do their job, we need to find comopanies who will.
People mentally check out this time of year. And once you do, it's hard to get back on track. I took Christmas Eve and Christmas Day off and I'm having a hard time getting back into gear Will be there by two o'clock.
It's one thing to take time off and make sure contracts in process are handled. It's another thing entirely to drop the ball, as you've outlined here. I've had this issue at this time of year - agents and service providers checking out without giving anyone a heads up. It gives our entire industry a bad name.
FEATURED IN BANANATUDE
Chris Ann i hope you had a great break. I worked until noon Saturday on the road and then too care of paperwork and answered calls while watching the Patriots game. Today it is a full day however with most places closed, it is tough. i did reach the loan officer at home and read the riot act, i reached the appraiser and he went this morning, no luck with the closing company
Bryan it is an excellent point. if things are being handled then great, but to take it upon yourself to just leave and and not only inconvenience but cause emotional and financial harm to buyers, they have crossed the line. thank You for the feature,
I don't care if you're working part-time, full-time, or over-time, a commitment is a commitment. Agent, escrow officer or loan officer, if you're going to take some time off, which is of course healthy and necessary, plan for it and please communicate!
Marti very well said. When you are hired by a client to do a job, you also accept the responsibility to see it through in the clients best interest. not you own. thank you for your comment
Scott....it amazes me sometimes. I used to do closings & we knew that the last 2 weeks of December (and the last week of any month for that matter) were very busy; no one got any extra time off then. I am neurotic about talking with the closing attorney & loan officers, especially if they are not ones I have worked with before, well in advance to make sure we are on track to close on time, as I am sure you are too. Drives me nuts when we get no cooperation from them.
Sorry you had to delay those closings due to others taking time off Scott, and now that your string of bad luck is over you can look forward to a terrific 2012.
Christine the worst part about the closing company is they went to my seller direct, going around me and said they needed an extension. I found out when the seller called screaming. Then I called the buyer agent who nothing. The buyer did not want an extension, the seller did not want an extension and I did not want an extension... The one hurt the most was the buyer who could not move in and spend christmas in their new home that they drove cross country to close and move into.
AL I certainly hope so, fingers are crossd for two of them to close this week before New Years
Hi Scott. Some people do take time off but I don't. It is a critical time.
Lana that is the best part about our job, you can take time off if you want and if you want to work you can. for me I would not want to let down the clients who are depending on me to get their home sold or get the home they are buying closed so they can be in for New Years.