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The Effects of Irma Even Stretched to Bristow, VA

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Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

The Effects of Irma Even Stretched to Bristow, VA

How can a hurricane, swirling so many states below Virginia have an effect on anything going on in Bristow, VA?  Well, it was certainly not a widespread effect, but certainly had this Bristow Real Estate Agent on edge from Friday into Sunday.

It all started months ago when I had a Bristow Seller contact me, wanting to list their Braemar home. They were looking toward retirement and hadn't yet chosen where they wanted to move, but they knew it would be Florida.  Mr. Seller was very judicious in pouring over flood maps, assessing which would be the safest place to reside in the Sunshine State.  He had four options, and I hooked him up with an agent in every locale.

About six or eight weeks ago, during their house hunting trip, Mr.Seller called to tell me that Marnie Matarese had helped him find the perfect new construction home in Venice, FL.  As time went by, I touched base with the sellers and, when they informed me that their new home was projected to be ready at the end of November, we decided to list right before Labor Day.

Both the sellers and I were pleasantly surprised when the house had two interested buyers after only one day on the market.  We had been racing for a few weeks, which would most likely result in a mid-November settlement.  The only issue, which really was a non-issue to the sellers, was that the winning buyers wanted to settle in early October.  That meant some time in temporary housing.  And since most of our temporary rentals in th Bristow area require a six month time frame, that meant an extended stay for them.  These sellers are some of the most easy going folks I have ever worked with and understood that short term pain was not a deal breaker for them.

Come home inspection negotiation time, Irma was a looming event whose track was still uncertain.  The buyers made some requests, which the sellers thought over the top.  As such, the sellers countered with what they thought was reaonsable, pairing a request for a large sum of money for two repairs, to one repair that in reality would cost about $300.

As the negotiations over the desired repairs were stalling, Irma was now lined up to hit the gulf coast.  Even up to the last day of pleading fromthe buyers, the storm was most certainly going to hit Venice. As Irma's course was more definite, the buyers lost all negotiating power with my sellers. 

We've all been there, dealing with a buyer's agent that wants to tug at your heart strings and starts begging for the money and/or repairs.  "These two are going through a lot.  They have a new baby on the way."  Blah, blah, blah.

My sellers, now facing more of a delay in moving into their new construction home at best, and at worst having lost personal items they have moved from their Bristow home into storage in Venice, were not of a mindset to indulge the stresses of the buyers.  Take the offer of minimal repairs, or not. At this point, there was some thought as to whether the sellers even wanted to move to Florida.  

Cooler heads prevailed on the buyers' side, and they snatched up the offer of the one repair.  At the end of the day, the buyers are getting a home that is about as meticulously maintained as a home can be.  Perhaps they understood that the additional repair they were so concerned with were about the same cost as having a new home inspection on another home, not the overblown amount that seemed a second attempt at getting the closing cost help they had to cut back to win the home.

My sellers, meanwhile, are less stressed since Irma didn't seem as powerful as it was thought she would be coming into Venice.  There still exists uncertainty to time frames on the new construction side, but those will be dealt with gracefully by my sellers.  Meanwhile, we are all pryaing for Marnie, since she was located closer to the water in Sarasota.  Hopefully, we'll hear from her today or tomorrow.  And like the rest of the world, we are waking up to see so much devastation that it puts a delay in new construction into perspective.

 

 

Comments(17)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Chris Ann,  I have a past client from Denver that has a home being build in Venice also and she in in Chicago till it is finish, as of last week it was frame, not she is worried.

 

Sep 11, 2017 09:49 AM
Chris Ann Cleland

Will Hamm --I'm sure this storm will hold things up.  It's a good thing they weren't further along in a way.

Sep 11, 2017 10:38 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Chris Ann - I can relate as I just bought a second home in Florida.

Sep 11, 2017 10:21 AM
Chris Ann Cleland

Grant Schneider --Hope yours fared okay.

Sep 11, 2017 10:38 AM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Even though I'm in Idaho, a large number of my clients are in Florida - I've been thinking about them and all of our Florida AR friends all week-end.

Sep 11, 2017 10:21 AM
Chris Ann Cleland

Marte Cliff --It's been the longest cliff hanger.  Just waiting to hear from Marnie.

Sep 11, 2017 10:39 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Chris Ann Cleland  Thanks for detailed post and here's hoping all goes as well with the new construction in Venice.  We have friends in various places in Florida that we are checking with.  Fingers crossed 

Sep 11, 2017 11:43 AM
Chris Ann Cleland

Mary Yonkers --I think my sellers are feeling better about things now the storm has passed and early reports are not so bad from the area.

Sep 11, 2017 04:00 PM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Chris Ann

These affects plus Harvey will change us all. Granted, we here in the Napa Valley are a bit isolated, insulated your choice. Just wait till the next big earthquake here. Maybe a little Texas, Florida compassion. We all do what we can, cheers cvc

Sep 11, 2017 11:43 AM
Chris Ann Cleland

Curtis Van Carter --There is no safe place to live.  Hurricanes, tornados, blizzards, earthqakes, fires.  We get it all.  And I'm probably leaving something out.

Sep 11, 2017 04:02 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Hi Chris Ann wild weekend for you and the sellers.  I am so glad it all worked out for the sellers and that they don't have too long of a wait to get into their new home in Venice. We have the opposite going on, a couple just moved here from FL and the lady panicked last night wondering if she was making the right choice. After calming her down and being logical about it all she realized 'panic' sometimes happens and not to throw in the towel.  She  seriously found her dream home and why she'd walk away was beyond me!!

Sep 11, 2017 02:28 PM
Chris Ann Cleland

Anna Banana Kruchten,CRS,CRB,GRI --Emotions run high during times of intense stress.  

Sep 11, 2017 04:02 PM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Chris Ann - We felt it in Colorado too. We've been sitting on an offer all weekend for some clients who were moving full-time into their Tampa area home. Our sellers didn't want to sign until they knew they still had a place to move into, which didn't happen until this morning.

Sep 11, 2017 03:13 PM
Chris Ann Cleland

Dick Greenberg --Thank goodness they found a place to move into.

Sep 11, 2017 04:03 PM
Anna "Banana" Kruchten

Dick Greenberg glad to hear all worked out fine for your sellers.

Sep 11, 2017 04:46 PM
Gary 'Banana' Houghtaling
Phoenix Property Shoppe - Phoenix, AZ
Phoenix Real Estate Agent

Hi Chris Ann - we had a panic buyer this morning too. But Anna talked to her and all is fine once again. 

Sep 11, 2017 05:11 PM
Chris Ann Cleland

Gary 'Banana' Houghtaling --Thank goodness my sellers weren't panicking, but not inclined to bend over backwards on home inspection, realizing they were in a contract that meant a lot of uncertainty in their temporary housing situation. 

Sep 12, 2017 08:02 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Between Harvey and Irma, I have had a lot of family and friends affected.  One grandson endured Harvey in Houston.  Another grandson is attending Georgia Tech in Atlanta.  I have a friend in Bonita Springs, Florida (South of Naples).  She is OK, but has no electricity, and I do know that nearby Naples is a mess.  But, mainly I have a friend who lives on Marathon Key.  He got out of the Keys during the storm, but is very anxious to get back home to access damage, which is likely to be great.

Sep 11, 2017 08:24 PM
Chris Ann Cleland

Myrl Jeffcoat --It's hard to imagine what it's like to endure living in these places, or being away from your home, not knowing what has happened to it.  I felt much better yesterday after my friend from the middle keys checked in yesterday.

Sep 12, 2017 08:03 AM
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

I am so not a fan of those buyers (or their agents) who want to use the home inspection period to renegotiate what they gave up in an effort to get the contract.

Kind of like when you, as a listing agent, get a long list of piddly questions from a prospective buyer's agent when you are getting ready to present multiple offers to a seller.  You have to know the market you are in!  Some things just won't fly.

Sep 12, 2017 04:38 AM
Chris Ann Cleland

Susan Haughton --Very true.  Buyers and agents advising them to proceed like this are not realizing the demand favors sellers.

Sep 12, 2017 08:04 AM
Alan Gross
PrimeLending, A PlainsCapital Company, Equal Housing Lender - Bethesda, MD
Loan Consultant

Chris Ann Cleland That's quite a story and negotiation. As I was reading I thought it might have fallen apart because of the repair demands and the threat of the damage caused by Irma. Glad to hear there will be a happy ending.

Sep 12, 2017 05:54 AM
Chris Ann Cleland

Alan Gross --The happy ending in Florida for my sellers will be delayed a bit, but the area wasn't hit too bad.  And the new home wasn't even framed.

Sep 12, 2017 08:05 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Like Susan Haughton I, too, do not like the attitude of some agents who tell their buyers to promise anything to get into contract and then try to renegotiate after the home inspection. My sellers rarely, if ever, pay for any repairs. Buyers can whine all they want, not gonna happen. 

Sep 12, 2017 09:03 AM
Chris Ann Cleland

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents --It's a horrible tactic and one that will backfire easily.

Sep 12, 2017 11:37 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I got my first call today from a Florida home owner looking to move back to NH, her home has damage Chris Ann Cleland but may need to rent here before it is even straightened out financially with insurance, but she wants to head North right away. 

Sep 12, 2017 12:56 PM
Chris Ann Cleland

Scott Godzyk --I can understand not wanting to have to live through something like Irma again.

Sep 12, 2017 01:00 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It's not a time to get super picky, Chris Ann. Glad it worked out the buyers came to their senses.

Sep 12, 2017 07:20 PM
Marnie Matarese
DWELL REAL ESTATE - Sarasota, FL
Showing you the best of Sarasota!

Hi there!  This is Marnie in Sarasota, Florida and I am happy to report that Irma skirted us and we are fine!  Also, the new construction in Venice that our buyers are excited about moving into is just fine as well.  We have trees down in our neighborhood, landscaping took a big hit and we won't have power until the 22nd but those are so insignificant when considering what could have happened.  Chris Ann, it is a pleasure to work with you and I hope all everyone you send my way is as wonderful as these buyers are!

 

Sep 13, 2017 12:50 PM
Chris Ann Cleland

Marnie Matarese --So glad that everything is fine.  


Meanwhile, Irma continues to have some impact on other deals. Tenants in a rental listing I put up last night are refusing showings.  Their elderly parents evacuated here from Irma and they don't want to be disturbed.  Damn you Irma!

Sep 14, 2017 02:05 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Chris Ann

Glad to hear it is all working out. No doubt there are many buyers and sellers who have been impacted by Irma and Harvey these last couple of weeks.  And so nice to hear from Marnie!

Jeff

Sep 14, 2017 04:26 PM
Chris Ann Cleland

Jeff Dowler --It is great news.  This storm is going to be impacting lives for a long time.

Sep 14, 2017 04:49 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Great post - the world is increasingly small! I am hopeful that your sellers are going to have a wonderful time in FLA - that was a rare occurrence - which I hope does not repeat itself any time soon.

Oct 11, 2017 04:10 AM