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Details matter - an agent I would never choose

By
Services for Real Estate Pros with Marte Cliff Copywriting

For the past several months we've been noticing that the "neighborhood bar" in our area has been closed and is for sale. Everybody wondered about the price, so I tried to find it on line. 

Nope - a search for real estate in Priest River didn't come up with it. But we all kept wondering, so the last time we went by I wrote down the name of the agent and agency, and today tried looking on their website. And I finally did find it! 

I didn't see any sections on the site for commercial properties, which is probably why I found it undercrazy lady reacts to lame listing homes for sale. I also found it listed as a home on Zillow. The description was glowing and would make you think it's a thriving, operating business. Sorry - it's been closed for months. 

What I DID see was that on the Caldwell Banker Site under property type it said "Industrial," and under zoning it said "yes." Home size and building area were the same - is that something new? On Zillow it said the lot size was .69 acres, so??

My thoughts... the agent didn't care enough to enter things correctly.  I'm sure MLS must have a category for businesses and I'm sure it wouldn't have taken him long to find that the area is zoned rural. 

If he can't take the time to fill out the listing information correctly for MLS - will he take the time for anything else? I would sure never hire him after seeing just this one listing. 

Out of curiosity, I Googled the address and found more... on a site called "commercial real estate.find the data.com" it's listed as an office building! 

The rest of the story ... is kinda sad. 

This may be on the market forever. Those who don't mind being right on the road might love to build a home on that curve of the river, but the lot is too small for building under today's rules (5 acres for rural), and the poor old tavern is in pretty rough shape. On top of that, I doubt they'd ever get another septic permit. There's not enough room between the river and the road and the rules say a drainfield must be 300' from live water.

They've done additions and remodeling, but the "core" is a 1940 building that was pretty much a shack even when I was a kid. 

The poor old place has sold too many times since the original owners retired back in the 70's or early 80's. Each time the price has gone up, so now at $185,000 a new owner would be hard pressed to sell enough beer to make a payment, cover the rest of the overhead, and earn an income. 

Once upon a time they had a steady clientele from neighborhood old timers and  loggers heading in after a hard day. They used to stop in to tip a few after work - but everybody knows that's no longer safe. Later it turned into a "biker bar" and the locals started staying away. 

Too bad. I remember going there with my dad when I was just a little kid. We used to fish on the river bank just behind the tavern and then stop in to visit with Fritz and Irene before we went home. In those days no one fainted if a 6 year old kid sat on a bar stool with a coke while Dad had a beer and traded stories with the proprietor. Later on my husband and I took our kids fishing there, but by then things had changed, so we didn't stop in. 

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

Comments(12)

Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Marte, I never understand things like that. Not good. I hope the owners don't need to sell in a hurry! YIKES!

 

Aug 20, 2016 01:13 PM
Marte Cliff

Andrea Swiedler I hope not too, but I'm afraid they're in a mess. Just some people with high hopes who didn't know what they were getting into. 

Aug 20, 2016 03:15 PM
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Sad, isn't it? Times they are achanging. Hope that poor wonderful historic tavern finds someone to love it again so it can become part of the community once more.

Aug 20, 2016 01:41 PM
Marte Cliff

Hella M. Rothwell, Broker/Realtor® It would be nice if it could be what it once was, but... times have changed. 

Aug 20, 2016 03:16 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sad indeed what I find ironic is that in my market we have Realtors who strictly specialize in Restaurants and Bars and they do an awesome job, so if we have clients we just pass them on to the experts, Endre

Aug 20, 2016 02:39 PM
Marte Cliff

Endre Barath, Jr. Commercial properties SHOULD be handled by a specialist. Unfortunately, in a small community like this, there aren't enough businesses or commercial buildings for sale in a year to sustain an income. In this case it's kind of a double trouble - the agent isn't even local. 

Aug 20, 2016 03:19 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Unfortunately agents who fail in this area of expertise are far too common.

Sounds like this old tavern is likely to be on the market for a while, and the owners will likely be taking a hit in the price.

Aug 20, 2016 03:04 PM
Marte Cliff

Bob Crane I have a feeling this one will end up in foreclosure.


It's something for the neighbors to speculate about, since it's in a condition that would make a bank loan doubtful. Is the previous owner still living? I don't know - but I've heard for years that he had a serious illness. And, I knew him slightly, but not well enough to know if he had kids who would still be holding the note if he's gone. 


Too bad I'm not still in an office in town - hidden out working in my basement I don't get any of the local "news" (otherwise known as gossip).

Aug 20, 2016 03:22 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

That is sad all around.  I have a hunch it will be sitting there for a while, too.

Aug 20, 2016 09:01 PM
Marte Cliff

I think so Debbie Gartner. Things are different now from when the owners lived in the back rooms and knew everyone in the whole neighborhood. They lived a modest lifestyle and the bar was both their business and their social life. 

Aug 21, 2016 02:31 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sometimes I wonder how the agent got the listing. I see wrong school districts and other errors in the mls.

Aug 20, 2016 09:14 PM
Marte Cliff

Gita Bantwal I suppose he was a friend or a friend of a friend. People don't seem to realize that the agent should be familiar with the area. Really, we have very few "local" agents left. When I sold my agency we were down to 3 offices from the peak of 7. Now there's only one and I don't see a whole lot of their signs around. 

Aug 21, 2016 02:40 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Marte. Presentation is everything and clearly this one didn't get it.

Aug 21, 2016 12:54 AM
Marte Cliff

That's right Sheila Anderson - he doesn't get it. What I wonder is why one site lists the place as industrial and another says it's an office building - when it is neither. 

Aug 21, 2016 02:41 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

How's the location Marte Cliff ? There are lots of "new" franchises available that might work there. Even with all the bad things you had to say.

I would guess that the "locals" would appreciate it if someone did open a friendly place there.

Too bad the owner doesn't have a good and imaginative real estate agent.

Bill Roberts

Aug 21, 2016 01:10 AM
Marte Cliff

Bill Roberts While I think this agent is lame, I'm not sure even a top agent would be much help.


The location is not one that a real business person would choose - there's traffic, but not the numbers they'd be looking for. There's a local population, but nothing like subdivisions filled with houses. Five acres is the current minimum lot size, and much of the surrounding land is in 100+ acre meadows or forest land. It's about ten miles out in the country, and not on the main highway to the lake. 


If they could sell for about 1/3 of the asking price, someone might make a go of it. 


 

Aug 21, 2016 02:46 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Sounds like this agent really doesn't know what he is up against in selling this listing.  

Aug 21, 2016 04:35 AM
Marte Cliff

Chris Ann Cleland Or maybe he does know and is only interested in having his name on an over-large sign. 

Aug 21, 2016 05:53 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Marte - This is what happens when an agent decides to market a commercial property without the requisite experience. It's too bad - it sounds like that place deserves another shot.

Aug 21, 2016 06:41 AM
Marte Cliff

Dick Greenberg It would be nice if it could open again, but I won't hold my breath. 


It would have been really nice if they'd been successful about 20 years ago when they  built an addition and tried to open a small mini-mart there. At the time I lived only about a mile from there, so being able to run down for a gallon of milk or a loaf of bread was a true convenience. 


Alas - they were open for about 2 weeks before the County stepped in and shut them down. The bar was grandfathered in, but anything else they wanted to do was not. 

Aug 21, 2016 07:31 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi Marte, What a sad, sad story!  I hate to see things like this and worry that the sellers have absolutely no clue how their property is being represented.  Seems the agent would go above and beyond, not only listing data appropriately but, going before the County to perhaps change the zoning.  It seems to me that it would be worth a shot!  Ugh!

Aug 23, 2016 01:14 PM
Marte Cliff

Debe Maxwell It really is too bad. I have no idea whether a person could have success with a zoning change. I doubt it, but it's been more than 10 years since I've had to deal with them, and there could be different people there now. 


I'll never forget the man who bought property that was listed as commercial and then found out it wasn't. It was in a place that should have been commercial, but no amount of appeals to the county helped him - even when half the people in town signed a petition. 


He ended up successfully suing the agent who sold it to him - while the listing agent who had posted a huge sign declaring that it was zoned commercial got off scott free. At the time we wondered about the good old "greased palms." This, by the way, was back before the age of buyer representation. 

Aug 23, 2016 01:29 PM
Claude Labbe
RLAH / @properties - Washington, DC
Realty for Your Busy Life

It seems to me, ultimately someone will not be making the return on the investment which they expected with this property. In the meantime, no one in the town benefits with a vacant property.

Sep 18, 2016 11:40 AM
Marte Cliff

Claude Labbe Nope, this one looks like a lost cause. Meanwhile, across the road is a vacant doublewide mobile home that has had a tree laying across it's mid-section for several years now. 

Sep 18, 2016 12:45 PM