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My First Transaction

By
Services for Real Estate Pros with Referral Group Incorporated

When I started in real estate I had worked at other things and had experience as an investor as well. So.......I had none of the newbie jitters. After about three days I found a FSBO large two family home and had a buyer who I had known years before but ran into just days before. I convinced the sellers who wanted nothing to do with an agent, that they could give me an open listing without concern or peril and If I was able to put a deal together that pleased them they would be the better for it. They agreed.

I contacted the buyers and arranged a showing. It was clear early on that the principals were very different and would never have anything to do with one another were it not for me and this property. It was painful being together with the four of them, but my job was to make a deal happen and not make opposites attract.

It was a cash deal and we closed six days later. That said, those were some of the hardest six days I have ever experienced. Getting expedited title and survey was an issue but one of the attornies pulled a favor and made it happen. But the real difficulty was dealing with the principals. Each day another catastrophe that caused one or the other to wonder if they had acted too hastily. 

At the closing table, after a walk through that took nearly two hours, the buyers qustioned what happened to the toilet paper holders attached to the bathroom walls. The sellers were quick to say they these were not included so they removed them. The buyers were livid, and the sellers put on their coats and said the deal was off. 

I knew this had nothing to do with the toilet paper holders but in fact was a way the sellers could get out of the transaction and irritate the buyers. The buyers weren't having this and also stood to leave. I took a fifty dollar bill from my purse, placed it on the table for new toilet paper holders, and ............problem solved.

 

 

Posted by

When you think about real estate, it is time to focus. I have helped people for close to thirty years in all areas, and made the process not only simple but enjoyable. Why should you go it alone or settle for less? Call me and find a partner to help, direct and get you where you want to be.

Sheila Anderson

The Real Estate Whisperer...... Consultant, Trainer, Facilitator 732-715-1133

 

Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

TY Mimi. i knew once they left it was done.    Sheila

Dec 08, 2019 01:23 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Hi lottie. It was true. TY      Sheila

Dec 08, 2019 01:24 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Exactly Anna. It was just dumb. TY        Sheila

Dec 08, 2019 01:25 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Hi Myrl. I seldom kicked in but I knew this was done otherwise. TY     Sheila

Dec 08, 2019 01:26 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Hello again Myrl and thank you for the feature.      Sheila

Dec 08, 2019 01:27 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Thanks very much Grant. I hate grandstanding and this was what happened here.     Sheila

Dec 08, 2019 01:28 PM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Sheila- isn't it amazing how some people will "cut off their noses to spite their face" with something like this. You handled it exactly as the professional that you are!!! 

Dec 08, 2019 02:38 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Thanks so much Kathy.        Sheila

Dec 08, 2019 07:04 PM
James Dray
Fathom Realty - Bentonville, AR

Morning Sheila.

A transaction going south because of a toilet paper debacle?  My goodness!  

Dec 09, 2019 01:34 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Yes James. It is true. TY        Sheila

Dec 09, 2019 05:40 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It is amazing how sometimes the little things can kill a deal, people can be so petty, but you got the deal done!

Dec 09, 2019 06:45 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Thank you Brian.       Sheila

Dec 09, 2019 06:48 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Sheila:

Great story, in retrospect, but no doubt not much fun in reality. Glad it all worked out. Funny the little things that can set people off...and it's not just in real estate!

Jeff

Dec 11, 2019 08:31 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

It was odd at the time and remains so. TY     Sheila

Dec 12, 2019 05:28 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Oh, that is so odd but, you know, that behavior is par for the course for stubborn buyers and sellers, Sheila! I would have done the same thing - it's not worth the fight - just DO it!

Dec 16, 2019 09:56 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Thank you Debe. I had no choice.      Sheila

Dec 16, 2019 10:07 AM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

You knew that a potential derailment was lurking and you were ready for it, Sheila Anderson. Fast and decisive action on your part showed the parties that childish squabbling was not the end of the deal. 

Dec 22, 2019 10:26 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Thank You John.     Sheila

Dec 22, 2019 12:58 PM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

It's the little things we do to get it done

Dec 31, 2019 01:39 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Absolutely Ed. Thank you so much and Happy New Year.     Sheila

Dec 31, 2019 02:11 PM