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My First Real Estate Experience! Was It Always Going To Be This Easy?

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

My First Real Estate Experience!  I Thought It Was Always Going To Be Easy.

Many years ago, before I knew any better, my first real estate transaction(s) was memorable.  My first sellers/buyers were dream clients.  That experience was truly memorable.  It also influenced how I relate to buyers all these years. 

Be willing to give the clients, buyer or seller, the attention required to get the job done. 
Pay attention to details and listen to the clients.
Be willing to work hard no matter how easy the first experience is.

It was my time for telephone duty one Saturday afternoon when a lovely young couple with two children dropped in.  So, they were mine to work with.  That's the way it worked. 

I loved them the minute they came in an said the magic words:  "Will you help us find a home?"

They didn't live in the area where my office was located, but that's where they thought they might want to buy.  At the time, they owned an older condominium in another area of the county and needed to sell that to buy something new, a single family detached home, hopefully new construction. 

TIME TO LOOK AT THE NUMBERS.  I took them on a tour of new home communities in the area.  Of course, they loved everything they saw.  However, when doing the pre-qualification, it was clear that the new homes were far out of their price range.  We also had their condominium to consider.

TIME FOR AN OPEN HOUSE.  So, I ran an ad in the Washington Post for an open house for the condo the following Sunday.  After an hour or so, a nice lady came in, walked around and said, "I'd like to buy this condo."  Good grief this is easy I thought. 

With their condo under contract, I took the buyers on a tour of homes in a community where their children went to school.  We looked at a lovely older brick home typical of the neighborhood where their children's school was located and they fell in love with one of the homes.  I prepared the offer and took them to the loan officer to make loan application.  In those days, it took about 7-10 days to get a credit report, but the loan officer and the listing agent for the home they wanted to buy were satisfied that they were good to go. 

               

Back to Back Settlements.  Here we were with the condo closing and their loan in processing and everything looked good.  We closed the condo in the a.m. a couple of weeks later and their new home later that afternoon.

A SALE AND A BUY WITH MY FIRST CLIENTS.  My broker decided that I had mystical powers since these were my first sellers/buyers and everything went as smoothly as it possibly could.

To be perfectly honest, I'm not sure I really knew what heppened.  It was so easy.  Of course I was certain that every transaction would be just like that.

HA!

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, serving home buyers in Loudoun County, Virginia.

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Comments(23)

Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Lenn, I am smiling from ear to ear.  I recall being naive about how easy being in real estate would be.  HA! is right. The angels were smiling on you and in many ways, they still are.  With that, you bring a wealth of knowledge and experience to the table. 

Apr 01, 2014 08:05 AM
Teral McDowell
Referral Patners LLC - Murphy, TX

It may not of been all smooth sailing since that first transaction but I do know from what you blog that you are just as passionate today as you were then.

Apr 01, 2014 08:05 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Susan.  I've been very fortunate.  Rarely does anything go wrong.  I just take it step by step.

Karen.  THAT is a fact. 

Margaret.  Indeed.  I really didn't know any better.

Kathleen.  I suspect that you do too.  Paying attention to detail is helpful and genuinely liking the folks I work with.

Teral.  Considering that I had no experience exept the broker training, which in those days was very good, I didn't realize that the transaction was easy.  I thought they'd all be that way.

Apr 01, 2014 08:12 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Lenn, if only it were that easy for every transaction. Remarkable story. 

Apr 01, 2014 08:51 AM
Bette Gottwald
UNITED REAL ESTATE | Central PA - Mechanicsburg, PA
"Bet"on Central PA Real Estate!

Lenn, what an interesting story.  Not too many agents have had the luck you did with your first sale being so "easy."  However, I can say my first one was easy, since it was cash -- my husband (mentor) quickly reminded me this was a highly unusual occurrence, and not to get use to it!

Apr 01, 2014 08:58 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Pamela.  Indeed.  I've never forgotten it.

Bette.  Your husband is very wise.

Apr 01, 2014 09:09 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lenn, this business is a piece of cake, of course every deal goes that easy :) :) :)

Apr 01, 2014 09:34 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Taking things step by step, checklist by checklist means you aren't going to miss anything.  It is a good practice!

Apr 01, 2014 11:34 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Lenn- and you make it look so easy!!!!  I think its sweet that you remember this. 

Apr 01, 2014 12:11 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

My first experience was awful. It was so bad, I'm not even sure I can write about it here.

Apr 01, 2014 02:05 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

George.  I have never experienced many problems with transactions.  It's marketing that is the challenge.

Evelyn.  That's my practice too.

Kathy.  I remember the young couple and the trust they put in me well.

Tammie.  Can't say that I've ever had a really bad experience with a buyer or seller, other that I learned early on that I prefer to work with buyers.

Apr 01, 2014 07:31 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

I sold Moses his second house Lenn.  It was a great experience.

Apr 01, 2014 08:17 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Lenn, I wish my first one was that easy.  But, chances are that it was you that made these two sales seem easy.

Apr 01, 2014 09:59 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Conrad.  Was the first one not sea worthy?

Gabe.   I like to think so but the clients were all wonderful.

Apr 01, 2014 10:15 PM
Jill Sackler
Charles Rutenberg Realty Inc. 516-575-7500 - Long Beach, NY
LI South Shore Real Estate - Broker Associate

What an amazing introduction to the world of real estate. No wonder it became a lifelong passion. I came into it just a few years back after "telephone duty" and "people dropping by the office" went away. Maybe you'll disagree but it seems simpler somehow.

Apr 01, 2014 11:22 PM
Tom White
Franklin Homes Realty LLC (615) 495-0752 or www.FranklinHomesRealty.com - Franklin, TN
Franklin Homes Realty LLC, Franklin TN

Lenn, what a terrific memory to share with us! Today it seems that nothing is easy and bumps in the road are the norm rather than the exception. But, we love it or we shouldn't be doing it!

Apr 02, 2014 12:02 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

It took me five years in the business before I got my first sell-to-buy clients.  You got it first time around.  

Apr 03, 2014 10:04 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jill.  I don't know which you believe is simpler.  Having "drop in customers" was great.  However, that means driving to an office daily.  I did that for 5 years.  No more.  The Internet rules.

Tom.  Real estate brokerage is far, far more complicated today than in those years.

Chris.  It was pure luck of the draw, or duty time.  In those days, desk duty was profitable.

Apr 03, 2014 08:26 PM
Jimmy Chickey
Keller Williams Realty Southwest - Las Vegas, NV
Realtor, Nationally Recognized Author, Teacher

So glad that worked out for you!  If only all of the deals were that easy.  :)

Apr 16, 2014 08:57 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Jimmy C.  Indeed.  At this point, the industry has changed so much, there is no problem with difficult transactions.  I haven't had what I considered a difficult transaction for 10 years. 

It's the marketing that's the challenge today.  Lots of competition.

Apr 16, 2014 09:05 AM