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Positive Karma in Philadelphia Real Estate

By
Real Estate Agent with The Somers Team at KW Philadelphia

 Positive Karma in Philadelphia Real Estate

Have you ever had one of those settlements where there was delay after delay because the buyers mortgage was not ready?  And then red flags start to come up and questions such as "Will the mortgage go through at all?".   As a seller, you face the question, what do you do?  Terminate the agreement and market the property or agree to extensions?  In this specific case, I was the seller.

Something in my heart told me to wait it out and be patient.  And yes, we made it to a settlement table.   There was Positive Karma in Philadelphia Real Estatea lot of work in between where everyone helped each other to allow the goal to be accomplished.   I give kudos to all the people involved.   What was really special to me was receiving a handwritten note at settlement from the buyer.  When I opened it up that night, I was filled with gratitude.   It reminded me that real estate is not just about homes and property values; it is about people, their goals and their journeys.   And when you are instrumental in that or even a part of it, you really are part of something beautiful, part of something larger than yourself.  

It is times like this that I really love what I do.  Meeting and helping amazing people will have a positive impact on you...a feeling I am referring to today as Positive Karma in Real Estate.    For those that have experienced this karma, it is a wonderful feeling.  It is this example of a thoughtful thank you note that that makes all the difference in the world to me.  Another example was being invited to a clients home a few weeks ago for a dinner and pool party, having that quality time outside of real estate.  These examples remind me that I am doing something right, contributing in a positive way, and in a sense, giving back to the community.

And speaking of positive karma, the buyer of my property is a yoga instructor.   I just visited her studio for the 2nd time just yesterday as I write this and look forward to going back often.  Positive karma is already taking place in a different form from one action to another...How cool is that ?

Have you had any similar experiences?

 

Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

It's always the lender holding up closings.  I know they're busy but to wait till the last second makes everyone nervous, except the lender.  They just don't care.  I give them a date that is a few days in friont of the contract.  Sometimes it works and sometimes not.

Jul 14, 2012 10:26 PM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Chris and Dick - The lenders can make it very frustraing indeed.  Some communicate much better than others.  In this case, the lender really stepped up to allow the deal to go through.

 

 

Jul 14, 2012 10:35 PM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

It took three months for a buyer to finally get their loan and I was representing the short sale seller. I know from the buyer's agent that the buyers really wanted that home, so like you, something told me to stick it out and they would get their loan, rather than recommend my sellers cancel and start over. We closed fianlly, and although I didn't receive a thank you note, I'm glad they got the home they wanted and my clients got to move on with their lives. 

Jul 14, 2012 10:36 PM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Pamela - Sometimes that inner satisfaction is what matters the most as well as being the main catalyst for helping every party accomplish their goals.

 

Jul 14, 2012 10:46 PM
Kathryn Maguire
GreatNorfolkHomes.com (757) 560-0881 - Chesapeake, VA
Serving Chesapeake, Norfolk, VA Beach

I had this happen twice...and both times we closed.  But you have to trust and communicate like mad to make sure that everyone knows what is going on.  In one case, I had the seller, the other the buyer.  The difference also was that the agent on the other side was really wonderful to work with.

Jul 14, 2012 10:50 PM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Kathyrn - You are so right, communication becomes critical in situations like these.  And working with great agents.  In my case, that is what happened as well.

 

Jul 14, 2012 10:52 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Christopher and Stephanie, I'm going through this right now with a transaction. The closing is scheduled for this coming Friday. So far it looks good.

Jul 14, 2012 11:11 PM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Michael - Good luck with it and I hope that everything goes smooth for you for Friday !

 

Jul 14, 2012 11:27 PM
Doug Rogers
RE/MAX Coastal Properties - Destin, FL
Your Real Estate Resource!

I've seen grown men cry at closing after working 2 plus years to get their finances in order. When they get the keys, the emotion is too much for some. We have a great career, sure wish I had started sooner!

Jul 15, 2012 12:00 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

My lender sources are activated at the pre-contract stage to verify if parties can perform.

Jul 15, 2012 12:53 AM
Lynn Pineda
eXp Realty - Boca Raton, FL
Real Estate Promises delivered in SE Florida

Christopher and Stephanie, it sure sounds like Buyers and Sellers would be fortunate to have you on their sides as their Philadelphia Realtors - great all around story! I'm a firm believer in Positive Karma Real Estate.

Jul 15, 2012 07:29 AM
The Somers Team
The Somers Team at KW Philadelphia - Philadelphia, PA
Delivering Real Estate Happiness

Doug - You and me both!

Richie - That works most of the time, but every once in awhile, even with all the due diligence, hiccups and curve balls will come up during a buyer's mortgage process.

 

 

Jul 15, 2012 10:04 AM
Digital Digital
Alachua, FL
full service

Hi,

Glad to know that Karma is working in your favor.

Kudos on being patient and helping your buyers achieve your dreams.

Have a wonderful week!

 

Jul 15, 2012 02:40 PM