What we experience can often be considered a cruel teacher, but a teacher nonetheless. 

I had a listing that was under contract and and failed to close per the contract as scheduled due to buyer/lender issues.  I knew the buyer agent was out looking for her next victim...I mean client, so this transaction had been placed on the back burner.  Apparently this agent (newbie) believed her obligation ended when the contract was executed and everything else would happen while on autopilot.  It did not.

About a week later than originally scheduled, the buyers (who were local) did finally close their side of the deal but I was not given advance notice.  And there was no reaon for me to attend the buyer side closing as my clients were in other states and had already signed their closing docs via a mail-out. 

At 4:30pm about week later, it finally closed/funded and the buyer agent calls me wanting to know where the keys to the property are so her clients can get inside "their" house.  Yes, she was mad at me from my previous questioning of her involvement in this transaction.  Anyway, I told her the keys were left inside the house with the exception of the one key in the electronic lockbox which she had access to.  Then she says, "My clients need to get inside so YOU need to meet them there and let them in."  I told her that since I wasn't even told the closing would take place this day, and because I had other commitments, she could make the 1.25 hour drive in rush hour traffic to let them in or I would provide them the key early the next morning as I could not drop my other business to take care of hers.  Needless to, things went from bad to worse in our conversation and I eventually ended it without her approval.  She called back several times apparently in an attempt to continue this argument...I declined to answer.      

                                                                                                                       

This is when things went from bad to worse.  She refused to fight rush hour traffic to service HER clients, so she apparently told them to have a locksmith remove the door knob, and put a new lock on.  This is fine, but based on hearsay, she also told them to take my lockbox and place it inside the house.  The next morning I arrived to find my lockbox missing so I contacted the buyer by phone.  He wouldn't talk to me, but his girlfriend did.  She began screaming at me that this was "THEIR" house (she was not even on the contract) and refused to give me my lockbox.  As I had already seen my lockbox sitting inside (I peeked through the back window), I decided to file a theft report with the police department.  I did so immediately and the officer who took my report also tried talking to the buyer, but got his girlfriend instead.  She then started yelling at him.  BIG MISTAKE!  He went back to the house with me, looked inside and saw the lockbox.  He forwarded his report to a veteran Detective, who also called and spoke with the girlfriend. Yep, she started screaming at him and then hung up on him.  EVEN BIGGER MISTAKE.  The Detective called me to see if these folks were just stupid or mentally challenged. 

Well, within a couple of months, a warrant was issued the the buyer was arrested for a Class B theft.  He was not happy.  Perhaps he won't allow his girlfriend to do his talking in the future.  He was taken to the County Jail and booked for theft.  Within a couple of days of that I got a call from my broker at the time who had received a call from the buyer's attorney.  They were threatening to sue, file a complaint with our real estate commission, call the President of the United States...you name it.  I explained the situation and told him this was a police matter and that is who the attorney should contact. 

The end result is that the Buyer spent a night or two in jail and he eventually had to pay me restitution for the lockbox (which was never subsequently found) and how has this arrest permanently on his record.  All because he may have been given bad advice by a new agent.

 
This post has been included in Texas Information Travis County, TX Information

106 Comments on How To Get Your Client Arrested!

Guy - I have definitely had my fair share of terrible people to deal with, but this one takes the cake.  I was curious to know what part of town they purchased in.

03/08/2008 12:24 PM by Jason Crouch, Broker - Austin Texas Real Estate (Austin Texas Homes, LLC)


Guy, wow, bazaar to say the least.

03/08/2008 12:26 PM by * Rate A Home (Rate A Home)


That's incredible how something so easily handled could turn into a nightmare.  I had an interaction with an agent once who didn't want to drive 20 minutes to show her Buyer clients a house... she had "already gone home".  It's amazing how some people think... or DON'T think, as your story shows.

03/08/2008 12:28 PM by The Entire Team of Price & Company Professionals (Price & Company Realty)


Good for you.  I love stories like this.  

03/08/2008 12:32 PM by Adam Brett - Fullerton, California Realtor (RE/MAX NOC)


Guy, What a story!  I could tell you a few about Closings that I've had, to where our office Owner even purchased Mace for us Closers to have in our office.....

03/08/2008 12:39 PM by Stefanie Sexton (Unavailiable at this time)


(Grin.)  I just can't believe people sometimes.  Lazy (and newbie) agent should have handled the Buyers better and gotten off her rear to get them the key (or notified you prior to the closing...).  Yikes!  Kind of funny, though, that the Buyer(s) was given many chances just to do the right thing and chose not to. 

03/08/2008 12:46 PM by Lisa Spalding (Watson Realty Corp.)


Guy, I enjoyed reading your story.  Even though, it is an all around bad situation.  I guess the new agent does not relize the value of customer service or her reputation.  I can't believe a person who just made a sale would not go out of her way to help a client with whom she must have developed some sort of relationship.

03/08/2008 12:49 PM by Jimmy McCall~Clarksville's Mortgage Consultant (Legacy Mortgage Services, Inc. ~ Clarksville, Tennessee)


Good for you for not letting up. Yet another shining example of why RE agents get a bad name.

03/08/2008 12:57 PM by Tony Giglio (RE/MAX Results Plus)


Hi Guy, 

Is this the same agent that swore at you?   We would never have experiences like that in Seattle LOL!

03/08/2008 12:59 PM by Leslie Bloss, Seattle Real Estate Professional (REALTY EXECUTIVES/BRIO )


Wow!  What a story.  I've had some stories of my own, but I agree with Jason - This "takes the cake"!

03/08/2008 07:04 PM by Debi Ernst, Broker/Agent e-PRO (Ryco Realty Group)


Are things done differently in other states?  Only once have I ever had the seller's agent be there (new home construction, which I showed up to just because I feel it is my duty and pleasure)

 One of my greatest pleasures is being the one to give my buyers the keys to their new home.  I have only missed this occasion once, because I was out of state at a training seminar when we got the final conditions to close.

03/08/2008 07:06 PM by Mark Hawley (Tarbell Realtors)


I wonder if a complaint was filed against the "lazy agent".  Has the situation been resolved or are you looking forward to dealing with this mess?  BTW, FWIW I probably would have handled it in the same way.  Nice going!

 

03/08/2008 07:13 PM by Don Stern ~ Greater Baton Rouge Real Estate (Coldwell Banker Mackey )


Wow...That was an extremely interesting story. Too bad it had to go that far.

Sean Allen

03/08/2008 07:14 PM by International Financing Solutions


This is so sad. Like Mark above, I can't imagine not handing my keys to the new owner as their buyer's agent.  And to tell them to call a locksmith...that is just unbelievable.

I'm actually amazed that the police pursued this with such diligence.  You've given me an idea - I wonder if I can call the cops on the property preservation company that just took my key box off of my listing today after changing the locks and winterizing.  How hard is it to call the name on the sign?  And I'm still trying to market it no less!

03/08/2008 07:17 PM by Burien, WA Real Estate - Lisa Bosques, Assoc. Broker/Mktg Specialist (Prudential Northwest Realty Associates LLC)


Wow, that does take the cake.  I have yet to experience anything like this.  It is so amazing how some agents will not provide that extra care and support to their clients.  I, like Mark am very happy to hand the keys over to my buyers.  It brings so much joy to my life.  Wow, how arrogant she must have been.  Hopefully a lesson to her as well as her Broker.

03/08/2008 07:17 PM by Sonya Rosser (ERA Buckhead Realty)


Gee I think the buyers agent should have serviced the clients.  Didn't either of you agents have a friend who lived close enough to the house to let the people in.  The buyers were also way out of line...

03/08/2008 07:21 PM by Debbie Holmes (Gold Key Real Estate)


Wow, your lockboxes must cost a lot more than mine do, lol.  I would not have taken it this far, because of possible backlash to my reputation as a broker, but I can understand your frustration with the other agent.  I would have bent over backwards to provide service to the buyer, and made sure that they knew it was my service that left them satisfied, not their agent's horrible job of communication!  Imagine how frustrated these buyers must have been to have received such poor service from their agent, this could have been a good opportunity for you.

03/08/2008 07:21 PM by Michelle DeRepentigny, *Associate Broker/Broker * Athens, GA (ERA Classic City Realty)


Wow that was an amazing story and kinda funny actually to see it turn out the way it did with the buyer landing himself in jail for something that could have been so easily handled and returned to you.  Especially if it was sitting right inside the door!  Geeez!

I recently had one of my lockboxes disappear, to be replaced with a combo lockbox. I had listed a preforeclosure and just before closing found out there were additional liens on the house, and they could not be negotiated with, so we were unable to close.  I went to pick up my lockbox from the home and  discovered the alternate lockbox on the doorknob.  Instead of contacting me they removed the whole doorknob, replaced it with a new one and added the new combo lockbox.  Now,  the company that secured the house, after many phone calls to them and follow ups, I've found out the contractor who removed the box either sat it inside the kitchen or at the front door.  The owners have amazingly worked something out with the bank and have moved back into their home, and my lockbox has yet to be found.  I've told the company (in hopes the threat would work) that I will have to file a theft report if the lockbox is not returned.  Those lockboxes are not free!  Guess I will have to do the same as you did and file the report with the local police department.  Ridiculous! I cannot understand why they just didn't contact me in the first place. ?????

03/08/2008 07:28 PM by Lorrie Thomas (REMAX Town & Country)


that is so funny, i fell bad you had to go thru that but they should of just given you your lockbox, see what happens when ego gets in the way of justice

03/08/2008 07:29 PM by David Soto - Illinois Home Loans & Mortgages (Illinois Home Loans & Mortgage Refinance)


THAT is a real estate story for the books!!  I thought I had some good ones, but like the others said, it takes the cake.  You know the buyers just fed off their agent's attitude.  If we stay calm and cool, usually the client will take our lead.  There just isnt a cure for stupid!

03/08/2008 07:30 PM by Audrey June-Forshey, GRI, Gaithersburg, MD (RE/MAX Realty Group)


Lots of dumb people out there to say the least. And these are the ones  who make it hard on all of us.

03/08/2008 07:42 PM by Richard Lecinski (Long Realty Company)


Guy - That is an incredible story!  And to think it could have been handled so easily if she would have just went and gotten them the keys.

03/08/2008 07:44 PM by Candy Henthorne- Spring Texas Real Estate (Results Realty)


Guy, this is crazy.  I know you hate talking to (actually we all hate it) someone who isn't on the deed but we HAVE to at times.

03/08/2008 07:49 PM by Latonia Parks (Keller Williams Realty)


What a tale to tell...I wonder if the rookie is still out there, and if so will those buyers hire her to sell their home when the time comes? Of course I bet you they remember your name longer than they will ever remember hers!

03/08/2008 07:49 PM by JoEllen Stranger-Thorsen, Lake County, FL (Catherine Hanson Real Estate, Inc.)


Love it,,,,,,, Agents mess up so much and kill so many deals, no wonder we have the reputation we do, it only takes a few to make the rest of us look bad.  Way to let the newbie know to do there job.........

03/08/2008 07:58 PM by Sheryl Kempfert (EXIT Lakes Realty)


Thank you! I just got back from doing a very slow open house and your storie for some reason just made my day..LOL

03/08/2008 07:59 PM by Greg Thomas (Windermere Real Estate )


What an experience to go through.  I'm glad you didn't give up...

03/08/2008 08:02 PM by


That is most amazing. Hard to believe it would go that far. Enough nuts involved you should have a nut cracker.

03/08/2008 08:04 PM by Steven L. Smith, Bellingham, Wa. Home Inspector (King of the House Home Inspection)


Hysterical,  why are people so stupid?  It just shows that you were right to call the police and have it documented by a third party.  I hope you don't have another deal with that other agent.

 

03/08/2008 08:18 PM by Stuart Berman (Relify.com )


Michelle from Georgia,

I don't know about what lockboxes he had, but I use SupraKey boxes (Electronic recording lockboxes that use infrared and an electronic key)  They cost a tad over $90 each here :-( 

That can add up quickly for (a poor boy like) me.

03/08/2008 08:22 PM by Mark Hawley (Tarbell Realtors)


OMG, I am laughing my...uh, I am truly laughing hard.  That sorta stuff is truly funny, yet sad at the same time.  It is so very sad that our industry and chosen career is so riddled with incompetence.

www.ListingTucsonHomes.com -=Dan

Life's A Grin!

03/08/2008 08:24 PM by D. B. Grammar (ArticleBASE Technologies)


I love it when the right thing happens...because so often in real estate it doesn't!  Good for you for doing the right thing step by step!

03/08/2008 08:25 PM by Cindy "in Indy" Marchant Indpls and Fishers Real Estate (Keller Williams)


What a crazy story this is!  I can't imagine behaving like that lazy buyer's agent did, not at all.  I probably would have tried to work out some way to get the key to the buyers, but now knowing how they acted, I might have had second thoughts.  Those buyers sound like they're legends in their own minds to have acted like that - so sad because all they had to do was hand you your lockbox. 

Ann

03/08/2008 08:35 PM by Portsmouth NH Real Estate ~ Ann Cummings (RE/MAX Coast to Coast - Portsmouth New Hampshire)


And they probably still love their agent.  Sometimes this business is like living in the Twilight Zone.

 

03/08/2008 08:40 PM by Lenn Harley, Homefinders.com, MD & VA Real Estate


A criminal record over a lockbox.  I think he got arrested for being stupid.  I think I would be looking for a new girlfriend if I were him.

03/08/2008 08:41 PM by Randy L. Prothero - Hawaii REALTOR® (Century 21 Liberty Homes)


That is AWESOME! Sometimes people just need to be taught the HARD way! Good Job.

03/08/2008 08:44 PM by Menomonee Falls Real Estate - Matt Yogerst (RE/MAX Realty 100)


OMG!  This is one of the wildest real estate closing stories ever!

03/08/2008 09:02 PM by Renee Burrows - Las Vegas NV Real Estate (Nevada Realty Solutions)


I call it personal responsibility for your actions. Obviously THAT agent had none. What a waste of time.

03/08/2008 09:06 PM by Robert L. Brown~Grand Rapids Real Estate Flexit Realty, West Michigan (www.mrbrownsellsgr.com)


 

Funny story...Was this home located in a "park"?

03/08/2008 09:12 PM by Tim Gilmour (Exit Realty)


That is a wild story!  They sound like really upstanding citizens!!!!!

03/08/2008 09:19 PM by Tina Merritt - Virginia Beach Real Estate (Long & Foster Oceanfront - Virginia Tech Hokie)


Isn't it always the case, this agent totally makes you look bad to everyone, or tries to. I get this flip all of the time. Instead of just being honest, she is a classic blamer. They are victims of everyone!! Likely her act is upsetting all those that work around her and will move around from office to office before she eventually will need to leave town!!

03/08/2008 09:19 PM by Julie Hite (The Mortgage Loan Company, Inc.)


Guy, Unbelievable, just unbelievable !  Are you planning to do a reality show based on this concept ?  LMAO  !!!

03/08/2008 09:41 PM by Bill Gillhespy Fort Myers Beach Realtor (Century 21 Tripower Realty)


I worked on a deal recently where I couldn't get inside the unit for SEVERAL DAYS.  The lockbox was always EMPTY. Apparently - the listing agent managed to lose six sets of keys over the course of the listing????? Yeah, right! It was a very desirable condo in a great area. Small wonder it didn't sell.  This was not a new agent either - so there are bad agents at every level. 

03/08/2008 09:43 PM by Ruthmarie Hicks (Keller Williams Realty)


Egads!  What a bad predicament.  Hope it goes well from now on.

03/08/2008 09:47 PM by Barbara S. Duncan ABR, CRS, GRI, e-PRO Searcy AR (RE/MAX Advantage)


That is an incredible story.  What a couple of bozos!  I wonder if they have learned a lesson - probably not!  I hope that agent is reprimanded.  Any update on that?

03/08/2008 09:56 PM by Joan Whitebook, ABR, e-Pro, CEBA (Buyer's Option Realty Services)


Guy,

I am cracking up!!!  Only in Texas....I'm a Texas girl (or used to be) so I can say that.  This was SO funny I hauled my laptop into the bedroom to read it to my hubby (already hit the sack - daylight savings time you know).  Some people have a lot of ......nerve.  So sorry for your experience, but sure gave a bunch of us a big chuckle. 

03/08/2008 10:13 PM by Eileen Liles - Cedaredge and Delta Co Colorado Homes and Real Estate (Prudential Colorado Real Estate)


Strange things happen in this business.. always strange. All it would have taken was for the other agent to do their job.

03/08/2008 10:45 PM by Bob & Carolin Benjamin - E Phoenix Arizona Real Estate (The Benjamin Team - Keller Williams Integrity First Realty )


Thats a great story.  All the buyer had to do was give the box back.  Looking back, I'm sure he wishes he did.

03/08/2008 11:06 PM by Brian Kreick (Kreick, Inc.)


What a story Guy! I love my non eventful life. I have experienced nothing that even comes close to this.

03/08/2008 11:24 PM by Tigard Oregon Real Estate >> Wayne B. Pruner, GRI (Oregon First)


Oh, my goodness! I can't believe that these folks would behave this way. What happened to the buyer's agent? It seems that something should've happened to her for giving poor advice to her clients.

03/08/2008 11:26 PM by Darleen McCullen, Broker-Raleigh, NC Real Estate (Keller Williams Realty - www.darleenmc.com)


I think this story should qualify for some kind of prize... at least one beyond the extra points for a featured post.  I had to check my calendar to make sure it wasn't April 1!

03/08/2008 11:37 PM by Debbie White (Southeast Alaska Real Estate)


 

To Bill Gillhespy - No reality show in the works.  Must not a be a huge viewing audience for older fat men like me.  

To Darleen McCullen - I don't think the buyer ever even complained about the agent, although I've not seen or heard from her again so she may be out of business and working at Six Flags.

To Debbie White - the only prize I got was experience and constipation...sorry, I had to throw that in. 

Thanks to all for your continued responses...I enjoyed them one and all.  And I've still got a couple more  absolutely moronic events that I'll be posting soon.  Names will be left out because I know some Austin agents may very well know who I'm speaking of. 

 

03/09/2008 12:20 AM by Guy E. Gimenez ABR, CRS, GRI - Broker - Austin Texas Homes (512-731-5613) (The PowerHouse Group)


Guy,

I think (in general ) we attract buyers who are like us. In the case of this agent it sounds like they were separated at birth.   

03/09/2008 12:46 AM by Susan Peters - Seattle Realtor/Staging Specialist (Re/Max Mutual Realty)


It's pretty clear that I will be in the minority on this one. While I am a big fan of individuals being responsible for their own actions, this is hard for me to imagine having someone go to jail over a $10 lockbox. Seems to me that the other agent fed the buyers with a bunch of false information and they were clearly angry. In my mind, the best way to handle this is to apologize to the buyers for a mis-understanding and kindly ask for the lockbox. I know, this sounds like a cop-out but the alternative is/was much worse. The party that was put in jail will not remember the details of the arrest but will most certainly pass on the fact that a real estate agent had them thrown in jail over a lockbox. Maybe it's just me, but that is craziness and cause for more to find fault with our industry.

03/09/2008 12:49 AM by Doug Lindstrom (ReMax Alliance)


Doug L. - two quick things so folks don't get the wrong impression.

1.  lockbox was $90.00 plus tax

2.  I spent about 2 hours trying to get them to talk with me and work out some solution, but she kept hanging up on me and the police.

Just didn't see any other viable options without open lines of communication.  Thanks Doug. 

03/09/2008 01:30 AM by Guy E. Gimenez ABR, CRS, GRI - Broker - Austin Texas Homes (512-731-5613) (The PowerHouse Group)


I bet the buyer has found a new girlfriend. I can't believe some people.

03/09/2008 01:33 AM by Jim Houlihan (Coldwell Banker)


Sometimes we are tempted to throw in the towel but it doesn't help us or the profession one bit to do that.  I'm glad you took the hard way out and "won" in the end.  Congratulations!

03/09/2008 03:06 AM by Susan Walters (Keller Williams Realty, Ann Arbor, MI)


Sometimes we are tempted to throw in the towel but it doesn't help us or the profession one bit to do that.  I'm glad you took the hard way out and "won" in the end.  Congratulations!

03/09/2008 03:08 AM by Susan Walters (Keller Williams Realty, Ann Arbor, MI)


Oh my Goodness!  This definetly takes the cake!  What a story!  Thanks for sharing and man what a world we live in!

03/09/2008 06:20 AM by Delaware Homes For Sale:FREE Delaware Search: Delaware Real Estate: Tom Davis (Delaware Real Estate: Delaware Homes: Delaware, Dover , ERA)


What fun I would have loved to be a mouse in the corner of the jail cell to hear his comments. Thanks for sharing.

03/09/2008 07:04 AM by Terry Westbrook ~ Realtor(R) Grand Rapids Mi Ada/Cascade Real Estate (Five Star Real Estate, LLC Grand Rapids , MI)


The unfortunate part of this whole fiasco is that the other agent walked away scott free AND got paid.

 

03/09/2008 07:27 AM by Jim Lee, Knoxville Tennessee Realtor® (Realty Executives Associates)


What a totally crazy situation.  I'm surprised the buyer landed up in jail, though. 

03/09/2008 08:05 AM by Diane Bell, Hilton Head Real Estate, Bluffton (Charter 1 Real Estate, Hilton Head, Bluffton, SC)


Our lockboxs only cost about $15.00.  So an 1.25 drive would have cost about the same in gas.  I might have left it there.  Not worth the trouble or the grief.  In the Detroit area they would not have prosecuted it at all.  I would have been would have been swept under the rug

03/09/2008 08:30 AM by Russ Ravary - Michigan Homes for sale - Michigan Real estate & Mortgage info (Remerica Hometown One)


Very bizarre! I've lost and/or misplaced many lock-boxes and yard signs over the years. How ridiculous to yell and scream at law enforcement officers? This business is full of surprises.

03/09/2008 09:03 AM by Aventura | Bal Harbour | Miami | Sunny Isles Beach | Realtor® (SIB REALTY, LLC)


You should also post this over in War Stories, as that is the most incredible story I have ever heard about a closing! Someone needs to be sentenced to anger management!

03/09/2008 09:24 AM by Mary Strang, Viroqua, WI Real Estate (RE/MAX Hill Country)


And you wonder why our profession has such a bad rep.  You got the guy arrested over a 90.00 lock box.
Why didn't you just wait a week or two and called the home owner again.  I guess I am going out on a limb here but I think you could of handled it better.  I wonder now that you admitted it here they could have you arrested for trespassing and peeping into their windows.  Sounds like a bunch of school kids at recess.

03/09/2008 09:39 AM by


Love it! There are many clients (and agents) who should be jailed! I'm proud of you for following through. I would have done the same thing. All you wanted was your lockbox back. I wish there was a way to hold the other agent accountable for her lack of professionalism. Keep up the good work!

03/09/2008 10:05 AM by Julie Heyer - Gilbert AZ Realtor (Right Home Realty)


I felt like I was reading my own story from last week, not exactly, but it even included the door lock and the screaming girlfriend.  Mine was brought on by a lieing longtime agent though.

Good luck!

03/09/2008 10:26 AM by Carol Judd , Vernal Utah Real Estate (Century 21 Dart Realty)


I can't believe that you let this go this far over a lockbox... Good Grief

03/09/2008 10:33 AM by Jane Wallace CRS, Denver Real Estate (Kentwood City Properties)


I am shocked at some of the negative responses towards Guy on here!  If you fully read his post you will see that not only were they uncooperative with Guy, but the girlfriend also yelled or screamed at the police officer and a veteran detective and it also states that the police officer saw the lockbox sitting inside the home. 

Why blame the agent when he did the only thing left that he could do after being yelled at and had no open lines of communication or other methods available to him. 

They new homeowner could have just handed over the lockbox and ended the fiasco without it escalating.

(I also hope the homeowner learned his lesson and found a new girlfriend)

03/09/2008 10:42 AM by Lorrie Thomas (REMAX Town & Country)


I suspect it would not have come to the warrant and arrest if the girlfriend had not treated the police officers the way she did - and I'm really amazed that she didn't get into trouble for that one rather than the buyer.   That's escalating on a grand scale.  

 

03/09/2008 11:03 AM by Tricia Jumonville, EcoBroker® (ERA Colonial Real Estate)


I am embarrassed to be call realtor after reading your post.  You both need to have your license suspended this just gives the consumers another reason to think we are a bunch of overpaid goof balls.  Please go back and review your ethics training manual. 

03/09/2008 11:19 AM by Sam Laake


Wow that is crazy...but I guess nothing is too crazy anymore.

03/09/2008 12:13 PM by Glenn Prieto-Commercial Real Estate Lender (Colonial Pacific Financial)


Guy,

I'm glad to see that idiot agents / buyers are not just a thing we have to deal with up here in the land of ice and snow !

I work in the pre-foreclosure market and had a home we were working a short sale on that went to foreclosure sale.  Up here in Michigan we have a six (yes 6) month redemption period in which the borrower in foreclosure retains ownership and physical possession of the property.  There was a listing on the property and we had a buyer just waiting for the short sale to be completed.  Things were moving right along until the foreclosure sale.

 At the sale, an investor bought the "sheriff's deed" which gives him the right to have possession of the property after the redemption period expires.  To make a long story short, the investor broke into the property and the moved in !!!  The investor removed the key box, hid the for sale sign and just took the property.  This investor has bragged in the past that if he buys a property at the foreclosure sale that is vacant, he would just move in and take possession. He tells everyone that a homeowner in foreclosure usually will not have the resources to hire an attorney to evict him.  (Yes, here in Michigan we even have to formally evict squatters who just move into a house !)

 Again, long story, short he is being sued by the owners for eviction, is being sued by the owners for slander of title, and is being sued by one of the original lenders ! 

Tha "Paul Harvey" of this whole thing is that he holds a real estate license in our state and is (well, now it is was) a REALTOR.  We have compliants filed against him with our association and with the state licensing authority.

We really need some of the bad apples out of our porfession !

03/09/2008 12:13 PM by John Grant (E Z Home Ownership Realty, LLC)


Wow!  I know we see some weird things in real estate, but that is a doozie.  I hope I never have to deal with something like that!

03/09/2008 12:53 PM by Greg Steffens (Coldwell Banker Sky Ridge Realty)


Personally, I think this story is quite funny. 

Guy attemped every avenue at his disposal to get the lockbox back--without calling the cops.

To everyone who stated that Guy did something wrong--- shame on you.

Have you ever been to a retail store?  When I was in retail management-- I had people locked up for stealing a 12 pack of beer-- sometimes less. 

 

Also, if you condemn him for protecting his lockbox-- would you sue if a client refused to pay your commission?  Example:  You sell a clients house-- the relationship is not the best.  When it gets to the closing table-- the seller refuses to pay your commission and will not sign the HUD-1-- unless it is removed.  What would you do?

For those of you who said that it is "ONLY $X lockbox-- why throw the guy in jail for it" -- I say to you-- If I came into your house --stole $X from you-- and when you asked for it back-- I shouted at you--- What would you do?

 

LETS HEAR THE RESPONSES TO THESE SITUATIONS 

-Jason

03/09/2008 01:40 PM by Jason Bhattacharya (RE/MAX Success)


Women........can't live with 'em, can't live without 'em.

 

(Now I'm ducking and running)

03/09/2008 02:00 PM by Steve Heydel--30% Referral Paid to AR Members (Cumberland Real Estate & Auction)


I'm sorry your experience with a "new" agent was so bad.  But believe me, we aren't all llike that.

03/09/2008 02:02 PM by Suzanne Zick (Century 21 Hecht Realty)


........and all this happened because some newbie was too lazy to represent their client? WOW!!!!!!!! 

03/09/2008 02:04 PM by Anthony Saunchez~ Inland Empire & Hi Desert Real Estate (Summit Realty Group)


Guy, this is why you do not allow people's issues to get in the way of your own. He should have done the right thing and returned the box. Even the lock smith should have known better than to give them the lock box.

As for the new agent, that should be her ONLY closing. It is people like her that give our industry a bad name. 

03/09/2008 02:05 PM by Danny Thornton (Home America Mortgage, INC.)


I sincerely hope that the incarcerated buyer was made aware that the problem stemmed from a lazy agent and will go the extra step to put the blame where it really belongs and file a complaint with the state regulatory agency.

03/09/2008 02:07 PM by Steve Heydel--30% Referral Paid to AR Members (Cumberland Real Estate & Auction)


Well - from my point of view you did make one mistake, Guy... looks like this is a post you should have marked "members only"

 

03/09/2008 02:41 PM by Ted Baker (Carmody and Associates LLC)