WENT WITH ANOTHER REALTOR?

By
Real Estate Broker/Owner with people first...then business Ran Right Realty BRE Agent 636943

So how is everything going I asked my neighbor, who I have known for 8 years why is he selling his home. I got over the shock of seeing a For Sale sign on his front lawn one day and wondering why he didn't contact me? My wife, using her intuition said he probably owed a favor or had a friend and was obligated. After 30 days went by, I ran into my neighbor and we talked

SAD BUT TRUE

The main fact was that over the years, his income was declining until it reached the point where they started to struggle financially. Several weeks prior to the "for sale" sign, I saw a company removing a very beautiful large palm tree from his 2/3 of an acre. My first thought was...he is selling it for money as they are in demand...I was right

HAVING TROUBLES

He was ashamed to admit to me or his neighbors that he was broke, desperate and in need of a job, income or help. He was going to sell and move to another state that had cheaper costs of living. His new start would include his equity of which there was a considerable amount

USED A FRIEND

My wife was also right too. I asked him outright, why didn't you use me? He had a friend & felt obligated to go that route. My first thoughts and counsel for this man was along the lines of encouragement, hope, edification and support. In his high fifties, starting over was giving him a hard time. I empathized

NO OFFERS AFTER 30 DAYS?

I asked him about his home, the showings, people feedback etc and what is going on as homes today, especially in this area are selling quickly and even quicker than that if handled right and for top dollar. You see his home was for sale for 30 days, had lots of showings via open houses and no offers. None!

SOMETHING IS WRONG HERE

I asked him, why do you think that is? He said I don't know. I asked what does your agent say about all this? He said she don't know. I then summed it all up for this man. We are in a sellers market. You have a custom home, in a prized area priced well and you are not getting results? Doesn't this bother you?

SPEAKING FRIEND TO FRIEND

Yes, but he didn't know what to do about it. Now I have known this man, talked with him, interacted, shared and knew him way before the current agent did so I didn't believe I was doing anything unethical as an agent to talking to another principal. NO. He was a neighbor friend before all that

INSIDE LOOKS GREAT

But I had questions. He asked me to tour the inside of his home and I accepted. It was beautiful and showed well. He personally remodeled the home, did a excellent job and at some point, ran out of money. However, everything done was completed. Great first impression, staging and eye candy

HE LISTENED TO ME SPEAK ABOUT HIS HOME

High ceilings, three bedrooms with two masters, fireplace, wood floors, large beautiful kitchen, baths and grounds making you scratch your head as to what is not to like? More perplexing was he and his agent were not discussing this like I was with him right now. My conversation to him was all new

IT'S 90-100 DEGREE WEATHER

I asked him to tell me what is wrong with the place. Well, his A/C needs to be replaced and doesn't work. At no place in the agent remarks or property description, is this mentioned. I noticed he had wood rot, unfinished stucco and most importantly, he felt bad about not finishing the home ignoring all the good he done and emphasizing what still needs to be done according to him.

THERE IS ALWAYS A SOLUTION

I asked him about his plumbing, electrical, I saw the new roof and he stated all were in good working order. It is interesting note that they only showed the home on weekends. My first response to all this was that I had people who would finish the home, and agree to get paid out of escrow. I offer that as part of my services. As far as showings go, I show day and night until sold. No buyer left behind!

INSPECTION REPORT

I asked him a revealing question. I said how will you handle the buyers inspection report when they go over your home and find all the defects? He didn't know what to say. Now this property is over 100 years old but shows current. I told him there will be much discussion. How will you handle it? He didn't know

MOVE WITH A PURPOSE

Now I was getting the whole picture. The agent is green and without experience, he was emphasizing the bad instead of the good and both were just waiting for things to happen instead of creating and solving problems. I just sold a house a half a block away in 4 days for $650,000. Something is wrong here

COME TO YOUR SENSES

My conversation with him woke him up. He was angry but also aware now of what he must do. He was feeling sorry for himself, the agent was going along, and he needed to be rescued as he appeared lost and confused about this very important subject of selling a home and people wanting to buy it

FAVORS IN REAL ESTATE?

I know having friends, family and favors and how they can hinder or help in a Real Estate transaction. Here, it was not going well. For a guy who needs the money, who is leaving the state to start over, and needs all the support he can get, his plan to do so had no legs.  His agent had no clue. Both were blind

ALWAYS HIRE A PROFESSIONAL

Choose a professional. Pay them well. They will make your circumstances their own and work hard to help you help them. The last thing you want are people that hang on, want to prosper but bring nothing to the party especially when your life is about to change on these levels. You deserve the best money can buy when you sell or buy

close

Re-Blogged 3 times:

Re-Blogged By Re-Blogged At
  1. Ginger Harper 08/16/2016 06:57 AM
  2. Bob Crane 08/16/2016 04:48 PM
  3. Praful Thakkar 10/14/2016 03:22 AM
Topic:
Real Estate Sales and Marketing
Location:
California Riverside County
Tags:
selling
buying
advertising
marketing
real estate agents
listings
repairs
professionals
inspections
experience
friends
neighbors
starting over
real estate
for sale
family
ran right realty
naggar

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Rainer
316,788
John Dotson
Preferred Properties of Highlands, Inc. - Highlands, NC - Highlands, NC
The experience to get you to the other side!

Richie,  as Bill Clinton would say "I feel your pain."  (I can hear him now!)

I always get my feeling hurt when someone I think is a good friend or at least an excellent aquaintance decides to list with someone else.

It is kinda the ultimate rejection, but sometimes, after the property has been on the market for an E X T E N D E D period, I don't feel as bad!

Aug 18, 2016 04:17 AM #79
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello John Dotson ...Rejection certainly drives home the point. On Bill Clinton, He feels pain to this day as Hillary sees to it steadily. 

Aug 18, 2016 06:10 AM #88
Rainmaker
20,052
Mary Stewart
Keller Williams Atlantic Partners/Southside - Jacksonville, FL

John, I feel your pain.  I have had several good friends that have not done business with me, and with my first incident, I was devasted.  I knew that I would always go the extra mile snd had shown that to others.  I stressed for several days, as to the WHY? I have talked to other Realtors and it seems to happen often.  I think you have a valid point, sometimes they are embarassed for us to know their finances or see the house in a unkept status. Sometimes, they just don't want us in their business.

Aug 18, 2016 11:22 AM #89
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Mary Stewart ...your comment stands & John Dotson makes sense thank you

Aug 18, 2016 11:25 AM #90
Rainmaker
521,720
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Leesburg, VA

Your knowledge that you shared with him made him wake up and view the reality of his situation!

Aug 19, 2016 12:40 AM #91
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Jeff Pearl ...yes to your comment. We all need that "cold water" splash at times

Aug 19, 2016 12:43 AM #92
Rainmaker
111,229
Janice Hope Zaltman LEED AP
Keller Williams Partners - Hollywood, FL

Great saga Richie: Was hoping for a happy ending..such as this neighbor coming to his senses, firing his agent, hiring you and selling his home for top dollar. Keep us posted!

Aug 19, 2016 09:53 AM #93
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hi there Janice Hope Zaltman LEED AP ...Only Disney those endings dear lady. However, there is always hope that we all get the help we need. I am ready to do my share as are you Janice...thanks for coming by

Aug 19, 2016 12:23 PM #94
Rainmaker
222,114
Jerri McCombs
Hendersonville NC Relocation - Hendersonville, NC
Hendersonville NC Relocation

It is so sad that sellers just don't understand the importance of finding an agent that is well versed in actually selling a home. It takes more than just putting it in the MLS and hoping for the best. Understanding the market and knowing how to market a home are just the tip of the iceberg. I hope your neighbor smartens up and hires you after enlightening him on what he now knows. Thanks for sharing!

Aug 20, 2016 01:04 AM #95
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello there Jerri McCombs ...You have demonstrated your own savvy with your commenting...Hendersonville is in very good hands thank you

Aug 20, 2016 03:15 AM #96
Rainmaker
199,529
Nancy Robinson Ranked #111 by Real Trends/Wall Street Journal
Century 21 Town and Country - Royal Oak, MI
#7 Century21 Realtor in the US, #10 in the World

Well written and well intended post thank you for sharing this story.  Hopefully his "friend " will be a friend and step aside!

Aug 21, 2016 09:04 AM #97
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello there Nancy Robinson Ranked #111 by Real Trends/Wall Street Journal ...who can say but one thing remains. Get professional help...yes?

Aug 21, 2016 09:29 AM #98
Rainmaker
311,761
Marnie Matarese
J Wood Realty - Sarasota, FL
Showing you the best of Sarasota!

I just received a call from a friend who listed her home with a relative.  She has 15 more days under contract and wishes she had called me first instead.  I am already working with her to prepare the home and to get it sold when I get the listing.

Aug 21, 2016 10:46 AM #99
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello Marnie Matarese ...Clients and principals learn much after the fact. Real Estate remains very personal...thank you for your comment Marnie

Aug 21, 2016 10:45 PM #100
Rainmaker
934,939
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Look no further, phone (951) 201-5951 Richie Alan NaggarReal Estate Broker/Owner with people first...then business Ran Right Realty to Riverside, CA.

Aug 22, 2016 01:16 AM #101
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

That is exactly right. By the same token, if in Alexandria VA you call Will Nesbitt 

Aug 22, 2016 03:37 AM #102
Rainmaker
2,073,270
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Well Richie we all had this bitter pill served to as at one point or another in our career as I was saying to Praful Thakkar  it is like having an affair behind your wife's back... needless to say it is time to move on...and not be  so darn helpful:))Endre

Oct 14, 2016 04:16 PM #103
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Endre Barath, Jr. ...this type of pain comes so close to "home" (pun) and wise to live & learn from it. Thanks for coming by Endre

Oct 15, 2016 12:46 AM #104
Rainmaker
2,092,526
Rebecca Gaujot, the Go To Realtor®
RE/MAX Vision Quest - Lewisburg, WV
Lewisburg WV Real Estate, Greenbrier County

Richie, you definitely gave the neighbor some great advice and I thought for sure he would list with you.  You understand the market and know how to market a home ... . I just hope your neighbor realizes you are the one that can sell his house.

Oct 15, 2016 06:40 AM #105
Rainmaker
2,019,283
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hello there Rebecca Gaujot, the Go To Realtor® ...Even my client/neighbor said he would mention to this man for me to handle it as well...For their sake

Oct 15, 2016 06:44 AM #106
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Richie Alan Naggar

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