This is a tale of three fully executed contracts with three home inspections before getting a contract closed.
A home purchaser relocating here from South Carolina found a home she loved. After the home inspection, repair bid proposal and agreed repairs, the purchaser was excited and ready to close. However, suddenly, the seller decided she did not want to move. The seller breached contract. With advice from her title company coupled with her buyer agent's exhaustive efforts, the purchaser asked for damages and was awarded restoration from the seller for her expenses and her inconvenience.
With release of contract, some cash in hand, the purchaser courageously contracts a second home in a multi-offer situation. From the home inspection, the purchaser finds there is significant structural damage. She requests the seller make structural corrections. The seller refuses to make repairs; plus informs the purchaser he would like to sell the home in "as is condition." This time the purchaser asks to be released from contract with full return of earnest money.
With earnest money in hand, the purchaser contracts a third home. Amazingly, buyer and seller reach agreement on repairs and the purchaser closes during the last week of the year, in compliance with her employer relocation package, in which the purchaser agreed to close in 2006.
Although it was an agonizing roller coaster of excitement, disappointment, excitement, disappointment, excitement the purchaser called her buyer's agent apologetic and grateful. The purchaser said that the long ride had proved to be well worth it "I couldn't be happier with my home. You may think I am the worst client ever, but I thank you for everything. I love my home. It was worth it."
Certainly, the agent earned her commission three times. The agent was paid her commission, of course, only one time. Monetarily, the agent did not come out ahead, based on the amount of time required to complete the transaction, but the agent is delighted and gratified to have a lifetime client who will refer her in the future. A buyer's professed satisfaction enhances an agent's internal wealth.
Email me at Marilyn@MarilynTheRealtor.com or Call 888-922-8317 Toll Free, or visit http://www.bestagenttn.com/ BuyersTab or http://www.marilyntherealtor.com/RealEstateTips/HomeBuying/default.html for More Information on Buying a Home.
Rewards comes in more forms than dollars, I don't mind going out of my way for people who are apprieciative.
Orville McCallister