My friend, Richard Weisser, suggested I write a post about this subject.

At the risk of tooting my own horn I will.

I started in the real estate business as a loan processor, became a loan officer, then an appraiser's apprentice, and finally obtained my Texas Real Estate Salesperson's License.  I wanted to be a Realtor all along so I went about it the ‘hard' way.  In my experience prior to becoming a Realtor I started helping bail homeowners out of foreclosure.  I negotiated a forbearance package, changed the terms of the loan, found an investor, and/or a listing agent specializing in short sales.  There are many options homeowners should entertain prior to losing their hard earned equity.  If they do not have equity at least we could save their credit score.

I received a phone call from a desperate homeowner as the result of an advertisement.  They needed to sell prior to foreclosure but had no clue where to start.  I set the appointment, visited their home and went over all the options and possible scenarios.  They agreed to list their home with me immediately and I started the process of preventing foreclosure with the lender.

I had just obtained my real estate license.  The following day I was working phone time.  An agent walked in carrying her sign.  She said she was on her way to list a home.  She had sold the home to the homeowners three years prior.  She got a call from them on the way there that day saying they decided to list with someone else.  She didn't have a listing agreement signed yet but had been working for them.  As we continued our conversation I discovered I was working with the same people.  She was very kind.  She said, "I hope you can help them.  Good luck."

I felt horrible about it.  They never told me they had spoken with another agent.  I insisted on paying her a percentage when the home sold.  Well, long story short, she brought the buyers.  She refused my ‘goodwill'.  However, she started sending me referrals for clients in financial trouble.  I earned her trust and respect and that meant a lot to me.

My point is this- When we work together to help clients we will reap the rewards.  She and I stayed positive about the situation and everyone won!

BTW- I went on to obtain my Texas Real Estate Broker's license and have become a certified Mentor.  I still work with buyers, sellers, and pre-foreclosures.  However, I would like to focus my business on mentoring and coaching in the near future.

 
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16 Comments on Pay it forward. You will get it back!

MAY
23
2008

I agree we MUST learn to work together, and not just with agents in our own office, if you really think about it, ALL agents are in this together, we ALL need each other to bring their clients to our homes and we must remember that final goal is to sell the home.

Have A Great Day

10:13am • #1
324,547 Points 5 Featured Posts Outside Blog

Melody, this is a great path that you took. It gives you a great deal of experience when dealing with those tough deals. I believe in team work and know what benefits can be obtained if one just tries.

10:16am • #2
290,858 Points 4 Featured Posts Outside Blog

Didn't you post a comment on Richard's blog about this? I think I read this some where else today???

10:44am • #3
Localism Sponsor

Great story!  People like you put the PRO if PROfessional.

11:13am • #4
125,991 Points 3 Featured Posts Outside Blog

Doris- Yes, I agree.  It doesn't matter which brokerage you are with.

Danny- I never stopped taking classes.  It has been over eight years but I am still in sponge mode.

Laura- Yep, Richard said I should write a post.  Thanks for reading, again...

David- Thanks!

1:50pm • #5
598,915 Points 82 Featured Posts Localism Sponsor Outside Blog Hit Router

Mel...

I think another imprtant point here is communication. You and the other agent were able to talk about the situation honestly, and you offered a resloution! Had you both been secretive I'll bet you would not have developed the great realtionship that you ultimately achieved! Great Stary.

2:23pm • #6
125,991 Points 3 Featured Posts Outside Blog

Richard- You are absolutely right.  If we open the door to communication great things can and will happen.

5:11pm • #7

You're right. You tooted your own horn. :)

But it was a very well written story and underscores one of the unexplainable side effects of mentorship and helping others. Truly the best gifts in life arise when we do something nice "just because." I needed this blog this week. Melody. I've been the pinata in a subway turnstile. Well done.

Blogger To Be Named Later
6:03pm • #8
125,991 Points 3 Featured Posts Outside Blog

Andrew- My friends call me Mel.

6:07pm • #9
229,521 Points 22 Featured Posts Localism Sponsor Outside Blog

I understand that, as agents, we're often on opposite sides of the negotiating table, but there's no need to forget we're there to help one party sell and one party buy.  We're there to get the job done and communication and cooperation is a must.  You received those referrals because you earned them.

Alright, that was my last commnt of the day... gotta get the heck out of dodge!  Have a great weekend.

6:17pm • #10

Let's take it one blog at a time. :)

(My friend Elaine has been schooling me on online sarcasm.)

Blogger To Be Named Later
6:46pm • #11
MAY
25
2008
162,959 Points 6 Featured Posts Outside Blog

Nice story Mel, can I buy you a beer and hear a few more?

10:35am • #12
109,024 Points 11 Featured Posts

MEL, The heart of a Professional always rises to the Top and in your case it Rose right from the begnning.

7:33pm • #13
598,915 Points 82 Featured Posts Localism Sponsor Outside Blog Hit Router

Mel...

It's never too early in a career to develop good business "habits." You got off on the right foot and look where you are now!

7:59pm • #14
MAY
27
2008
214,539 Points 1 Featured Post Outside Blog

Melody - You certainly stepped up to the plate and hit a home run. The other agent did as well, many times their is a lot of animosity created when 2 agents are working with the same person especially if they work for the same broker.

5:19pm • #15
256,820 Points 3 Featured Posts Outside Blog

Mel, I'm a true believer in paying it forward and will do whatever it takes to get my clients into their home including scraping and painting the triim on the house they're buying so it will pass FHA inspection. It all comes back to you. Thanks for sharing this story.

10:37pm • #16

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Melody Botting Real Estate Network

The Colony, TX

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Melody Botting Real Estate Network

Address: Dallas/Fort Worth Metroplex, D/FW, TX.

Office Phone: (469) 235-5463

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A Texas Real Estate Broker’s opinion of the changing market, travel, and daily life in the Dallas/Fort Worth Metroplex.


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