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Today in St Louis - March 1, 2007

By
Real Estate Agent with Platinum Realty 1999090686

Woke up to thundershowers.  Partly cloudy the rest of the day.  By afternoon, the wind had picked up, and it's been really gusty since then - colder, too.  Tornados in Alabama and Southeast Missouri with deaths, injuries, and much damage.  What a terrible morning for some.  My heart goes out to them.

Negotiating two building inspections.  This is the part of the process that I like the least.  I feel it's the most emotional part of the entire deal.  You have sellers who do not want to do anything and buyers that want everything.  How do you get them to come together?  Sometimes they don't.  On the one deal, that is what I fear will happen.  I represent the sellers, who ultimately accepted the buyer's lower offer.  I feel he's getting a real bargain.  Now he wants the sellers to make thousands of dollars of repairs on top of it.  My first thought was to let him walk, but it's not my house.   I don't want the sellers to lose the deal, either, but I feel the buyer is being unrealistic.  He wants a "new"  home in a neighborhood where the homes are 80+ years old.... I guess we shall see what happens.  I'll keep you posted.

Showed properties this afternoon.  This is the third time, I 've taken this buyer out.  I've shown him 24 properties, 8 each time.  I know some realtors will think that is too many to show.  Some show no more then 10 or even less.  Our market had a large number of properties that met his criteria.  I feel buyer need to know what is on the market so they can make an informed decision about which home to write on.  For some, it takes looking at more properties before they can make up their mind.  If I was looking for myself, I would probably look at upwards of 24 to 30 before I chose one, unless one was so great that I would know instantly that it was the one.  I knew the buyer would write eventually; He did write, and at 8:00 pm we had an accepted contract.  All together, I've probably spent a nine hours with him.  It will probably be a pretty smooth deal.  He really likes the property, and it has been completely rehabbed - great condition.

I'm showing a new buyer tomorrow.  She's a referral from a friend.  We'll start with two to three properties at most tomorrow and go from there.  She has her loan pre-approval already, so she is serious about purchasing.  She also wants to be in a new place within the next few months.  As soon as we find something, she will probably write.

After such a slow Winter, Spring is looking up.

http://www.timtanzhomes.com

Below is a pic of my garden from last year.  I can't wait to get back into it.

 

Posted by

Tim Tanz

St Louis Realtor, ABR, GRI

Notary Public - State of Missouri

St Louis Real Estate - Tim Tanz, Realtor   St Louis Real Estate - Tim Tanz, Realtor

Platinum Realty of St Louis

1034 S Brentwood Blvd, Ste 750, St Louis MO 63117

timtanzhomes.com

tim@timtanzhomes.com

314-974-4886

 

Comments (2)

Tim Tanz
Platinum Realty - Saint Louis, MO
St Louis Real Estate
Hi Anthony, It's a process and it's taken several years to get it to look like that.  Try to improve it every year.  I love Tulsa.  My partner had family there, and we used to visit.  Had some good times in Tulsa and Oklahoma City.  Great people!  Business here in St Louis is picking up.  Had a slow Autumn and Winter, but it always improves in Spring.  Have a great weekend!
Mar 02, 2007 04:13 AM