The following anecdote is from experiences gained in actual, physical door knocking, walk about adventures.  I decided to come out of the closet after reading many SOI blogs and marketing on a budget type of blogs. My favorites are attributed in the introductory My Door Knocking Obsession.

 My question was, what if you don't have an SOI, yet?

I'm still laughing over this one. This story began with a phone call on a listing that I have in an upscale golf course gated community. I showed the home to the buyer suspect. It was actually far too large for her needs as she is a single female who may or may not have family come to live with her. She knew the size and price of the home before we had our walk through. Why did she make an appointment?

She loved the subdivision. There is always the hope that a seller might drop $150K or so :-) . I asked other questions and discovered she had called on several other homes in the sd and not had her calls returned.  I already knew she was not working with a REALTOR. Although it was not until I met her that I realized another REALTOR had shown her a home in another upscale subdivision that I had previously listed. This buyer had made an offer, but it was too low. To wrap up that scenario, my listing that she had previously viewed sold for $49K over what her offer had been. So, I am putting 2 and 2 together, I understand the buying personality that I am about to take on.

I told her that I would assist her in finding and negotiating for the right home. I would put a lot of work into helping her reach her goal. It would not cost her up front, most likely the seller will pay my commission. I do require before I go to work on her behalf, that she make a commitment to dealing with me exclusively. I will be her agent. Any properties of interest will go through me, I will research them for her including DOM, price changes, etc. That agreed on, we went about our ways.

Our relationship strengthened as we looked at and analyzed home after home. One day as I was checking in on my sellers with the above listing, I decided it was time to see if owners of homes not listed might be thinking of going on the market. So, I did my walk-about door knocking activity.

The last home I approached--I did knock on the door. A fairly pleasant man greeted me at the door. He visibly raised his eyebrows when I explained what I was doing and why I was doing it. He was very courteous but said his wife would shoot him if they sold this home.

A couple of months went by; it seemed like years. We were finally at the closing table. The closing attorney walks in. I remark that he seems familiar to me. He says, "You were the one that knocked on my door to see if I would sell my home!"

I blushed a thousand shades of red. I was a bit embarrassed. Funny as well were the looks on the builder's face who was sitting next to me, and my client who was sitting across from me. My client had no idea how serious I had been about finding her a home! Then it turned really embarrassing as the three started praising me for my tenacity as I sat there.

The builder also learned from the story because my client had called his office before we met. Her call had not been returned.  You could visibly see $$signs flowing out of his mind when he put 2 and 2 together. Returning phone calls=Closing table--eventually. Someone in his office had let him down and it cost him thousands of dollars. What if there were other scenarios such as this?

Now the moral of the story: One could make assumptions if you didn't dig deeper. My client was a single female. She had a strong accent (read between the lines). With the type of business she owned one could not see her as being able to afford buying in this community. I was in close contact with her lender. I knew that in spite of being young and single whe was pre-authorized for about anything she wanted to buy.

Yes, people will remember you from door knocking.

The following blogs inspired me to "fess up"

 Are You Tired of Pestering Strangers for Business? , Jennifer Allen

Don't work with strangers if you're broke!, Dee Copeland

 

13 Comments on The Closing Experience, a My Door Knocking Obsession Anecdote

JAN
15
2007
175,557 Points 4 Featured Posts Outside Blog
Suzi - Great post - both this one and the other you mentioned - My Door Knocking Obsession.  I'm going to suggest to Tony that this be the post of the day for our team to comment on - and am flagging it for a gold star!
10:04am • #1

Suzi,

Great story. It is tough to go outside your comfort zone and when you did, it turned out to be a funny story.

I am sure the builder was thinking of the money he/she lost. Oh well, sometimes we lose.

 

Rich

12:39pm • #2
1 Featured Post

Suzi:

I think we need to be careful when we make assumptions.  YOu know how the saying goes so I don't need to elaborate on assumptions.  All I can say is perceptions fool the best of us.

Thanks for the post

Ken

3:10pm • #3
404,833 Points 16 Featured Posts Localism Sponsor Outside Blog
Suzi - I did indeed make this the post of the day for my team to review and comment.  Now we're just waiting on Nicole!
3:34pm • #4
7 Featured Posts
Perseverance does pay off!  Congratulations on having the tenacity to keep at it!
8:35pm • #5
JAN
16
2007
5 Featured Posts
Another great story of your doorknocking.  I really wish I could do it. It just isn't in my nature. 
11:56am • #6
SEP
11
2007
197,943 Points Outside Blog

I believe you have to go outside your comfort zone and try new things.  Door knocking is a great way to thicken your skin!

8:03am • #7
OCT
22
2007
111,435 Points 7 Featured Posts Outside Blog

This blog was written 1-19-2007. I don't know how I missed responding to your comments. I apologize.

Suzanne and Tony, it was indeed an honor that you thought this post was special enough to be post of the day for your awesome team.  The irony was in following event to event for conclusion. As a blog, it was probably too long and touched on too many subects, but without each event it would not have had the eye opening meaning.

Rich, it was so simple. All the builder's staff had to do was return phone calls. Okay, I admit it took a lot of patience working with this buyer, too.

Ken, you know the old saying, "You can't judge a book by its cover"? Definitely applied with this buyer:-)

Debi and Greg, door knocking isn't my nature either. Had I known that this particular resident was a closing attorney, I would not have knocked there. So, I learned something from that, too.

I still laugh to think of the looks on ALL of our faces when we put 2 and 2 together.

3:45pm • #8
OCT
23
2007
2 Featured Posts

Suzi,

Another great post! I like your persistence and determination on door knocking. Not many people have the courage to face strangers at their doors the way you do. :) 

Dave

3:35am • #9
1 Featured Post
Way to go Suzi, pushing our comfort zone makes us all better in the end. Great post!
5:48am • #10
111,435 Points 7 Featured Posts Outside Blog

Dave, unless I have an urgent reason pushing me, I don't door knock because I don't want to interrupt people (I do make my presence known in neighborhoods). However, I really wanted to help this young woman find her home in the subdivision she wanted to live in.

K & R, the irony was unbeatable, and, educational for all of us.

7:18am • #11
OCT
27
2007
163,614 Points 10 Featured Posts Localism Sponsor Outside Blog

That's a great story. I've written people whose homes seemed uniquely appropriate, but I recognize that this can be a risk in older construction. You have no idea if the house has been upgraded or not.  Alot of the areas I work in are a mix of very old and new construction.  A couple of times I was contacted, but the home was in terrible shape.  My buyers won't interested. Not one bit. I tried to get a listing out of it, but both owners wanted way too much  money considering the condition - they wouldn't come down. 

9:00pm • #12
OCT
28
2007
111,435 Points 7 Featured Posts Outside Blog

Ruthmarie, nice to hear from you. Subdivisions and neighborhoods can be as different from each other as New York is to Mississippi. The subject property is in an upscale neighborhood with architectural guidelines; all less than 10 years old. Difficult to make a mistake here. I most likely will not use that approach again; I was really motivated to get this buyer settled.

 

 

12:54am • #13

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Suzi Gravenstuk, REALTOR®, Independent Broker

Diberville, MS

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Address: Mississippi Gulf Coast, Harrison County, Long Beach, MS, 39560

Office Phone: (228) 447-4470

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Are you excited? If you found me, you are most likely thinking of moving to the Mississippi Gulf Coast I remember the excitement, anticipation and concerns about relocating. Therefore, I try to convey "slice of life" moments with photo-blogs and single photo uploads to assist you in getting a "real feel".



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