Family Member Who Is a Real Estate Expert!

Once had one of these. Sat down with the parents and asked them point blank why are you listening to your son? I finally met him yesterday, and had to interrupt his burger flipping,  but I'm sure in a few more years when he reaches 35 he will be able to flip and talk at the same time and with a little more education he will be able to count to 10 which from what I can tell is his net worth, so as far as I'm concerned he is a idiot, but I can understand why he is that way, after all he was raised by two idiots willing to take advice from an idiot.

OK, those weren't the exact words, I sugar coated them and tried to convey that message, but the final question I had for them is do you want to give your son power of attorney and I'll just deal with him from now on because he seems to have the only opinion that counts here, or are you two going to be in charge of your future and make the decisions?  And those were my exact words. The mother looked at the father and said "I think we should do that", let (little mikey) play boss that is. The father finally said OK we should try that.

I said I will be removing my sign when I go, and (little mikey) can chose an agent as knowledgeable as he is, I'm sure he will enjoy working with someone other than me and it would be best because I know I have opinions that will be in direct conflict with his exceptional mental powers and knowledge. So I thank you for allowing me to present those 4 wonderful offers you received, I'm just sorry they were not acceptable to you and "little mikey," but I sure he had your (someone's) best interest in mind (like losing his bedroom), I'll drop the official notice to cancel off tomorrow so "little mikeys" selection of your new agent can get started right away.

I loved it when the market adjustment I made the parents aware of hit on Memorial day weekend of '89 hit and prices dropped 20% in my market place within a month. Of course "little mikey" raised the listed price when he relisted so he "could get better offers", they got zero, and wasted 4 months of market time. On Holloween the father stopped by the office and asked me what they could do, his company was going to transfer him for the last five years of his career, and they had to accept or be layed off. I'm sorry, I'm not a saint, "Well MR X I'm sure your aware of "little mikeys" super knowledge so you can do as you done in the past and rely on his advice, and that of your new agent of course, but I only know as much about this business as I did back when my advice was worth two cents to you, so anything I were to suggest now would only still only be worth what it was then, which was two cents. I do hope you and "little mikey" do find a solution that you both like, but in cases like this I only consult, and I charge $120 an hour, which is way to much to pay for an opinion that is only worth two cents to you.

Yes, nasty of me, but it was only a reminder of one of the reasons I got into real estate in the first place, I chose who I will do business with, and why, and how,  plus the new agent still had 3 months on their deeply discounted listing with the offer of 1% to a selling agent, wouldn't want to interfere with that marketing program. And I'm sure "little mikey" was able to impress his parents with the commission he was able to negotiate for them, you know the one they were never going to have to pay anyway, directly that is. I almost would have liked to send them copies of the offers that they rejected, correction "little mikey" rejected, in the $360k range and a copy of the mls listing sitting at $240k with no action, but that would be crossing way over the line by a mile, but it did bring a sadistic smile to my face to see "little mikey" in my mind trying to explain it all to his parents. And who am I to question a true real estate expert who was able to rise to doing frys as well as flipping in only 3 short years, yes, only in America.