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I met a man who sold a house....

By
Real Estate Agent with Berkshire Hathaway HomeServices New England Properties Licensed in Connecticut

new milford ct real estateI met a man who sold a house
He sold a house just like a mouse
Just like a mouse who sneaks around
He sold the house without a sound.

(OK, as a poet I am lacking... but stay with me here) And how did he sell the house without a sound? The story is rather odd, yet to me it was so telling I asked him if I could blog about it.

Blog? He had that look on his face... My business partner chimed in and said "blab, she wants to blab about it all over the internet." He shrugged his shoulders and said he didn't mind.

All day long yesterday I thought about his story, there are so many lessons, each time I think about it I think of yet another lesson. Let me get right to the story here.

He told me he sold a house at a tag sale... I love tag sales at listings I have. Let me do the open house on the same day you do your tag sale (We call them tag sales in CT, some may call them yard sales, garage sales, you get the point.)

A few years back he heard about a house, a couple who could no longer live in their home due to age and illness. The family had told the accountant they just wanted to get rid of the home because mom and dad were hoarders. The man I  met bought the house with all the contents in it. Bought it for a very low price I might add.

18 dumpsters later....

It took 18 dumpsters ... but the house was in good shape! He held tag sales there while cleaning it out. He was not intending to sell the house, but someone who came to the tag sale offered him what they thought was a low price for the house.

IT WAS $100,000 MORE THAN WHAT HE PAID FOR IT JUST A FEW MONTHS EARLIER!


He took the money and ran. I mean, who wouldn't? So here is what ran through my mind.

Why didn't the family speak with a Realtor? He said because they were too embarrassed, didn't want to deal with it, on and on. That cost the owners $100,000.

Why didn't the family just hire someone to come in and clean the house out when the parents moved out? Did they have the resources to do that? Yes they had the resources, but felt it was too much trouble.

OK, now I am just shaking my head here in total disbelief. The moral to the story? I think there are many.

  • Clean it up, clean it out.
  • Speak to a Realtor if you are thinking about selling.
  • Tag sales are a great thing, hold a tag sale and let your Realtor hold an open house at the same time.


I don't know about you, but I am still shaking my head here! I am sure I can come up with more lessons learned. It is a fantastic story. Will this gentleman use a real estate agent when he wants to sell another house? You bet, he knows this happened only because someone else didn't want to, he's no dummy!

I met a man who sold a house....

Posted by

Andrea Swiedler, Realtor, Southern Litchfield County Real Estate

2017 President, Greater New Milford Board of Realtors

2017 Connecticut Magazine 5 Star Realtor

 

 Search homes for sale in Litchfield County, CT.

 

Coldwell Banker Residential Brokerage

Litchfield County Regional Office,375 Danbury Rd, New Milford, CT 06776

 

© Andrea Swiedler 2009 - 2017

 Always do right. This will gratify some people and astonish the rest. - Mark Twain

Mike Reyman
eXp Realty - Media, PA
Delaware County Real Estate

A very fun title and great post!  Being the husband of a professional organizer, many times, this is more than just a money issue.  People's homes become cluttered (especially to the extreme) because of mental issues.  Fear, Anxiety, Depression are very powerful and asking them to clean out the house is like asking them to walk over hot coals or through a Lion's den.  I applaud the good fortune of this man and I'm sure the family that sold him the house and the one's that bought it all feel relieved, happy, excited, etc. for the deal that was done.  It sounds like a Win, Win, Win.  This was great to read.  Thanks for sharing.

Jan 26, 2012 02:51 AM
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Wow! Now that's a different kind of STAGING!

Jan 26, 2012 03:15 AM
Judy Orr
HomeSmart - Scottsdale, AZ
Scottsdale AZ and surrounding towns

I think some of the same is happening with people facing short selling or foreclosure.  Many homes go straight to foreclosure because the owners are too embarrassed to call in a Realtor.  I just spoke to a friend who has friends that are just walking away.  I told her to give them my number so I could at least speak to them first.

Jan 26, 2012 03:21 AM
Marlene Dietrich
Marlene Dietrich Real Estate - Newport Beach, CA
Neighborhood Real Estate Specialist

So True

just shining everything metal and mirrors, decluttering and a little paint will bring buyers who want a turn key home

www.MarleneDietrichNewportCoastRealtor.com

Marlene Dietrich, Tony & Mike

Jan 26, 2012 03:28 AM
Marshall Brown
Mid America Inspection Services, LLC - Fargo, ND
BSEE, CHI

It'a amazing how much money is left on the table by people who don't or won't talk with a Realtor and/or can't or won't clean up a property before trying to sell it.

Jan 26, 2012 03:36 AM
Ann Cordes
Century 21 Randall Morris and Associates, Waco - Waco, TX
Home Ownership is Not a Distant Dream

That story is proof that sometimes it doesn't take a lot to improve the sell-ability of your house.

Jan 26, 2012 03:58 AM
Pat Rentz
VIP Inspection Services Inc - Cary, NC

Andrea, sometimes it just works.  When my mother died, it took us forever to clean it out and the agent kept waiting for us to tell her when to list it.  I have my broker's license (from another state) and I told List! List!  Just put in the MLS that it is an estate, people will understand.  Sure enough, we had two offers within two weeks and we weren't finished with the estate sale or the tag sales.  Sometimes the family just doesn't want to deal but don't realize there are professionals out there who handle these situations.

Jan 26, 2012 04:57 AM
Evelyn Kennedy
Alain Pinel Realtors - Alameda, CA
Alameda, Real Estate, Alameda, CA

Andrea:

Cute poem.  It is too bad that family members are not able to tackle the problem of selling the house and clearing the house out.  If they contact a Realtor, the Realtor will provide them with all sorts of information.  It is a pity for the family that they did not contact a real estate professional.

Jan 26, 2012 06:08 AM
Debbe Perry
Real Living Carolina Property - Morganton, NC
828.439.3084 Morganton/Lake James NC

Andrea - love the poem, and love the lesson learned!

I've just shown the house that you've described - two 80 year olds who never throw anything away and who desperately need to be living with or near family. It would be great if the grown children would "whisk" them away, do a tag sale and clean up the place for sale, but if they won't do all that, they should extract their parents from this unsafe (and I'm sure embarassing) environment and sell the house and all the contents in one fell swoop!

I think I'll share your "blab" with their REALTOR!

 

Jan 26, 2012 07:39 AM
Anne Edwards Johnson
All City Real Estate - Austin, TX
Austin Realtor | HookemhomesATX (512)917-5260

Love the idea of a "garage sale" (that's what we call them in Austin) AND an OPEN HOUSE.  

Jan 26, 2012 07:51 AM
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Holy smokes!  By the way, I have never heard the term "tag sale" before so I am glad you clarified that.  I once was going to do an open house during a garage sale but we got an accepted offer before the garage sale happened.  I still showed up to the garage sale since I told them I'd put some of my stuff in it as well.  Just hung out with my clients knowing the house was already under contract.  That was a great feeling :-) Kasey

Jan 26, 2012 09:58 AM
Rob Arnold
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F

I have bought at least a dozen homes over the years from people who were hoarders.  Many times they are probate deals and I am dealing with the kids.  They don't have the heart to throw out their parents personal effects and furniture so I just buy the house and the contents.  The last house I did this with was in Orlando in 2010.  Bought the house for $60,000, trimmed back the yard did a huge trash out of the contents (cost about $1000), and sold the house as-is for $79,000 about 90 days later.  It sure beats listing short sales.

Jan 26, 2012 10:17 AM
Gloria Johnpierre
Siven Premier Real Estate, Inc - Tampa, FL
Real Estate Broker- Selling Tampa Bay Homes

Wow. I am shaking my head too. This is a crazy story. I wouldn't mind being in that man's shoes. Yes, I agree they should have consulted a Realtor. I hope buyers would see this and consider for the future.

Jan 26, 2012 12:18 PM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

100K is nothing to sneeze at.  How did it get to be such a mess so quick?  Could he have gotten more thank 100K profit?

Jan 26, 2012 01:00 PM
Melissa Brown
Helen Adams Realty - Charlotte, NC
Realtor - South Charlotte NC Homes for Sale

That is an incredible story, Andrea!  I wonder how those buyers felt when they figured out they made a very costly mistake by not using a realtor.

Jan 26, 2012 02:16 PM
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

John, I realize this is a tough situation, I just sold a home similiar to this. The owner died, no one wanted to clean it out. The executor understood, I called someone we use on a regular basis to do a cleanout. I also called someone who does auctions to look at the contents. He didn't take much, but he took some. Then I called a used furniture guy who took some. Then the cleanup began. And, he agreed to take half when finished and half when sold. No fuss, no muss to the family. If it had been left there would have been a totally different scenario. The house sold for 5,000 more than I predicted as there were multiple offers on it. Although it did take longer because the family thought it was worth more.

Sheila, I found the story very sad and distressing myself. Thank you!

Paula, I know that is part of the problem in these cases. I can't believe your own sister... well.. yes I can. We are full of resources... ideas... and we take care of our clients!

Carla, isn't that story amazing? Seriously...

Chris, and thank you!

Mike, there are many opportunities out there indeed, as the gentleman I was speaking to is well aware of. And same to you, much success in 2012!

Pamela, I thought about it all day, how I would write about it because I knew I just had to blab...

Barbara, yep, $100,000 in this case for sure!

Mike, oh.. your wife is a professional organizer? Then you have it made! Yes, there was more to this story with the family. However because of my former life, this infuriated me on many levels. My first thought, how can someone throw out 100,000 for a senior (or for anyone). They had already moved out, someone could have written a check and had the house cleaned out. They were not there anymore. I found no win win for the former owners, but do agree it was a great thing for the buyer!

John, LOL... yep, it sure was. There were Rubbermaid tote bins EVERYWHERE...

Judy, I am sure you are right. I hope they call you by the way. But I understand... I do....

Marlene, just a bit of work can really make a difference!

Marshall, I am always surprised when I run across someone who says... it was ok for me...

Ann, a call to a clean out guy... that is all it would have taken. Sad, isn't it?

Pat, the key is trusting the real estate agent. Seriously. From their advice to the list of people they have that can do the work. Trust....

Evelyn, you are too kind, thank you! It truly is a pity.

Debbe, if they are going to move anyway, they should move NOW, and someone get the house cleaned out. That is a tough situation indeed.

Anne, when I first moved to CT I had no idea what a tag sale was... thought it was the oddest thing! I love it when we can do them at the same time!

Kasey, that worked out for you and your clients, all the way around!

Rob, but seriously, how sad is that for them. Good for you though.

Gloria, that is my point of the post. If it helps one person.. just one...

Gene, LOL, I think he got all that he could.

Melissa, I don't know if they ever found out, but it sure would have made me sick.

Jan 26, 2012 10:02 PM
Martin E. Kalisker, Esq.
Natick, MA
Real Estate Law From A Practical Perspective

There are a lot of creative marketing techniques that a REALTOR® can employ when combining a yard/estate sale with an open house.  It is also a great way to get the neighbors involved if you can change it to a block sale with an open house.

Jan 28, 2012 05:47 AM
Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

Hi Andrea, I was thinking you were Dr. Suess!  Wow what a mess!  Hope all turned out OK.

Jan 28, 2012 11:39 AM
Debora Nichols
Residential Sales, Purchases, Investors, Vacation Homes - Phoenix, AZ
Realtor Anthem,Phoenix,Scottsdale,Glendale,Peoria

What a great story.  I love the idea of doing an open house with a yard sale.  I may just use that idea.  Thanks for sharing.

Jan 29, 2012 11:53 AM
Cheryl Dukes . . . . . Intown Atlanta
Guaranteed Offer for your Home - eXp realty - Atlanta, GA

I've been reading nursery rhymes to my 5-year-old this week, but this one by Andrea Swiedler of Litchfield, CT real estate is the best one ever.

Feb 20, 2012 12:19 PM