I'm going to wash the cat. Get a paramedic ready!

By
Real Estate Broker/Owner with Cornerstone Business Group Inc 0225086119

I'm going to wash the cat. Get a paramedic ready! Does that sound dramatic enough? Well, when it comes to my cat, there should be paramedics on site before a drop of water falls. She's just that difficult to deal with, but we love her. I think.

I found myself in a cat washing scenario last Friday. I'm in the middle of a REO sale and a short sale at the same time. What was I thinking? I've sold a lot of both over the past decade but I backed off of both about 3-4 years ago. They just weren't worth the hassle, but I made the misplaced assumption that banks would have figured out the process by now, but boy was I wrong. It's still like being dragged over broken glass while getting soaked in rubbing alcohol. 

Do I have helpful advice for you to overcome this banker malaise? Is there a short-cut around the minutia and volumes of unnecessary redundant documents and mindless initials and signatures to no-where? I wish there was. I find it stunning that banks, REO companies, asset managers and bank negotiators have learned nothing in the past 9 years, but alas they have not. 

So, since I'm going to get drug through the alcohol bathed broken glass, I might as well wash the cat. A paramedic is waiting for the final outcome, and so are my buyers. Wish me luck!

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Ambassador
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Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Mike

You certainly have a good sense of humor about this, as least in your writing. I can think of quite a few things I would rather do, some painful, than deal with an REO and short sale at the same time. Good luck to you and your buyers! You'll probably need it, no matter how terrific you are!

Jeff

May 08, 2017 04:44 PM #1
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Several years ago, I had a couple cats, who actually liked taking a bath.  One of them would purr loudly while being soaped up.  But, the two cats I have now, won't have any part of that activity.

May 08, 2017 05:06 PM #2
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Mike - very good comparison.  I know that many cats will have not part of it.

May 08, 2017 05:39 PM #3
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Mike- ugh as to the REO, and yes, one would have thought that the wrinkles in working these would have been ironed out. Best of luck! With that and the cat!!!

May 08, 2017 06:18 PM #4
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

I'm of the thought that the people working in those areas of banks are the new hires and they know next to nothing so one has to spoon feed them and over run them with papers

May 08, 2017 07:20 PM #5
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I think that dealking with a cat in water woudl be easier than with the banks

May 08, 2017 07:46 PM #6
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Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Walt's cat doesn't like to be bathed either but sometimes it is necessary.

May 08, 2017 09:36 PM #7
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James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Mike.  It sounds like my typical day.  I have a closing happening tomorrow.  My client gave them an ultimatum yesterday, it worked.

May 09, 2017 02:43 AM #8
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Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Mike. Oh my what a story. I think I will choose to wash the cat.

May 09, 2017 06:54 AM #9
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Mike - We're fortunate that short sales have essentially disappeared from our market. We chose not to do them when they were common - we didn't have the expertise and decided against getting it - but from what we see of banks every day, I'm not really surprised that things are pretty much the same.

May 09, 2017 12:33 PM #10
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

You're so right, Mike - you'd THINK they would have mastered the process by now!  Best of luck on both of these deals - and bathing the cat!  Hope the wounds aren't too deep from the alcohol-soaked broken glass!

May 29, 2017 10:16 AM #11
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Mike Cooper

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Winchester has a place for you! Call me.
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