Picture a condo project of about a hundred units and not a single sale since December. Add to that a top Realtor and a motivated Seller and we finally produced a fully executed contract (just in case you were wondering: the author is the top Realtor in this story). Price reduction compared to the last one sold: about 30%. The Seller sweat bullets. With a clenched hand he finally signed the agreement.
Now the Buyer wants a new AC unit, a new water heater, a door changed, a window fixed and various odds and ends. Final estimate: close to $ 5,000. Say Whaaat? Are you kidding me? "Seller pay up, or Buyer be gone!" What to do, what to do?
While I'm trying to connect the dots and keep this deal together without breaking the Seller, who is now turning all hues of red and purple, I'm ping-ponging another offer back and fourth between a developer, his partners and their bank on one side, and a power monger Buyer whose cash has turned him into a blood hound following the trail left behind by broken builders.
As if that's not enough, I'm SOS'ing possible cash buyers on another deal that goes to the foreclosure sale on Monday. "URGENT, PRE-FORECLOSURE SALE... WAS $ 699,900, now $ 465,000 cash can get this. Hurry! Must have executed contract by Monday!" Within hours I receive six leads. We have three showings tomorrow as a result of it, and yes, me and my staff are all working on the Fourth of July and on the fifth and thereafter.
You'd think the above is enough to make for an action packed day? In your dreams! Add to the mix two 
other new offers written today and yesterday that I'm still negotiating, plus two other shaky deals from last week that need my tender loving care, one frustrated would be attorney client who wants to re-write my contract (NO!), a short sale nightmare (God have mercy!), AND two new listings generated by the unfortunate divorce of favorite clients of mine (OUCH!!!).
Certainly this has to be IT, right? Wrong! The above are all MY deals, AND I have several other agents who all need the BIC's (that would be ME!) TLC and GMOOS ("Get Me Out Of S...").
AR I love you! AR I miss you! AR, I have such stories boiling inside of me waiting to explode on paper. AR, unfortunately, it will have to wait, because it's the Fourth of July week in Myrtle Beach and Real Estate Hell is in full swing. When do I get a VACATION?
Your Myrtle Beach Real Estate Connection, Mirela Monte Join The Optimist Group!
I am watching the fireworks on the Beach on Friday night and I'm planning on bringing my 95 year old grandmother along. She loves fireworks and just giggles and points to the fireworks just like any other five year old... I hope I make it to Friday! Wish me luck!