Dominoes and Real Estate Don’t do Well Together

 

I’ve never been a big fan of dominoes, especially when it comes to real estate transactions. 

It has been a domino day from hell so far and its not over yet. 

dominoeTwo of the three deals went off without a hitch but the deal that was scheduled to close at 9:00 this morning is just now getting started.  The clients from deal number 2 and deal number 3 have trucks loaded in front of their homes waiting for the green light to head on to their new address and start hauling stuff in.  Hopefully any minute now I will get the call to “Start Their Engines”. 

I guess the hardest thing for me is not being in control.  I was lucky enough to work with an absolutely awesome agent, Steve O’Leary of Re/Max Masters, on deal number 2.  He is one of those guys who actually answers his phones and cares about his clients.  He keeps his cool and keeps his eye on the ball without much diversion at all.  Many agents hide when the going gets rough, but not Steve.  He is on the phone with constant updates and communication throughout the ride. 

In our business, averting dominoes is not easy.  There are always going to be times when our successful closings depend on someone else doing their job and doing it in a timely, professional manner.  Some days we are lucky, as I have been working with Steve O’Leary, and other days we end up with agents like the one Steve has been forced to work with. 

When one domino tumbles, they all fall.  Our jobs as Realtors are to keep everything lined up properly without the risk of falling.

 

Belinda Spillman
Aspen Lane Real Estate
Metro Brokers Marina Square
(303) 884-2026
www.BelindaSellsColorado.com

Belinda1126@hotmail.com

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17 Comments on Dominoes and Real Estate Don’t do Well Together

JUN
30
589,498 Points 58 Featured Posts Outside Blog Called Shot Master

Good morning, Belinda -- you're right about the hide-and-seek Realtor when things start to turn a bit ugly -- it's so helpful and encouraging when both sides are communicating even when the going gets tough.  Good luck.   
8:56am • #1
729,199 Points 103 Featured Posts Outside Blog Called Shot Master

Hi Belinda - Hopefully your deal will close and everyone will be happy in their new homes. It's very uncomfortable not having any control over those situations, and the longer the chain (we had a seven home one once), the greater the odds that somewhere along the line, there's going to be one of "those" agents. Best of luck.
8:57am • #2
560,801 Points 12 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

Hi Belinda I hear ya "hey agent come out where ever you are" - the game is not over yet.
9:02am • #3
163,690 Points 8 Featured Posts Outside Blog Called Shot Master
It really is a shame that so many agents are the "run and hide" type as this only makes the job more challenging for everyone. Just stepping up and solving a problem is the right way to go. Then, we can have "good" domino effect.
9:14am • #4
1,116,246 Points 117 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Wish you luck on getting it closed Belinda.  Knowing you you'lll find a way to make it haopen.
10:27am • #5
498,010 Points 150 Featured Posts Outside Blog Hit Router Called Shot Master

Belinda: When I first started in this business a long time ago, the "domino" closing was quite common.  But in this day and age???  Whew!  I agree ... they make me nervous.  As a lender I know just how much is on the line, should a "hiccup" occur on any portion of the falling dominoes.  If at all possible, I try to advise that this be avoided.  Sometimes it just can't be ... and I'm betting there's alot of fingernail biting going on during those times ...

Great post ...

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Congratulations!

Gene
11:22am • #6
355,117 Points 3 Featured Posts Outside Blog Called Shot Master

Belinda

One of my first deals in real estate was one with 9 contingencies. Yes, I know this is nearly unbelievable but it did happen. It was #8 who had the hick up. We did get it done but I would never want to go through again. Hopefully yours did work out ok, cheers cvc
12:13pm • #7
919,914 Points 80 Featured Posts Localism Sponsor Called Shot Master

Belinda, IF people do their jobs, all is well, otherwise...when one falls they all fall!  Hope you are able to say "Whew!" after this one closes and records.
2:07pm • #8
306,731 Points 10 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Belinda -- some days are terrific, some are semi-terrific. Hope you had a chance to turn things around.
3:09pm • #9
514,071 Points 20 Featured Posts Outside Blog Called Shot Master

Hey Partner,  I am glad you were handling this one, I was more worry about my two closings but you got it close.  Good Job!
3:11pm • #10
1 Featured Post Outside Blog
Hopefully, this one gets closed and you can be 3 for 3! Sending a prayer to the real estate gods now. ~Marisa
5:53pm • #11
1,518,993 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Two way communication can certainly avert the domino effect.  It's great to work with an agent that is easy to reach, or at least gets back to you.
7:28pm • #12
524,989 Points 46 Featured Posts Outside Blog Called Shot Master

Belinda, it seems like lots of times its dominoes, juggling or directing traffic....always something.
8:22pm • #13
JUL
01
638,923 Points 53 Featured Posts Outside Blog Called Shot Master

Thanks for all the comments guys.  Yes they all finally closed.  The dust is setttled and everyone is in their places with smiling faces.  I love it when a plan comes together.
12:08pm • #14
257,709 Points 16 Featured Posts Outside Blog Called Shot Master

So glad it all worked out! I had a closing delay a few hours this past week due to lender not getting things in on time, even though there had been a lot of follow up and pressure. BUT, what I loved is that the lender rep actually came to the closing and waited with us...sharing in our pain as we waited. It showed how much he cared and wanted to see it through. Great working with people like that! Congrats on the closings!
5:49pm • #15
JUL
02
563,082 Points 10 Featured Posts Outside Blog Called Shot Master

I read your first sentence and groaned oh nooooo....we've all been there, glad they all closed nice and tidy when the day was done!
4:44am • #16
339,871 Points 8 Featured Posts Outside Blog Called Shot Master

There are always going to be times when our successful closings depend on someone else doing their job and doing it in a timely, professional manner. So true.
7:19pm • #17


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