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The Real Estate Agent, The Loan Officer, and The Builder

By
Real Estate Agent with Investment Realities LLC/MarketLink Realty

Did you hear about the loan officer and real estate agent that fell victim to the crashing real estate market?  They were forced to get jobs as a sandwich maker and cashier at the local Subway.  One night, last week, 25 minutes before closing time, a builder walked into the store to order some food. This was a builder they could never get any deals done with. 

The builder came up to the sandwich maker, and asked for four 12" sub sandwiches. He started to make the sandwiches, adding condiments and ingredients down the line, the sandwich maker really took his time and was very slow, this made the builder quite mad. The builder walked up to the register to pay for his 4 sandwiches. He asked the cashier if it was ok to just write the check for $15 over. The cashier said "I guess so, but let me run the check through the machine."

He ran it through the machine then called the bank that was printed on the builders check to verify the check was valid. Meanwhile, while all of this was taking so long and the builder was becoming more angry....the manager in the back yelled out to his employee to go grab that piece of  barbwire from the back so they could use that with the padlock for the front door. It was 11:55pm and the manager had to call it a night in a few minutes. The manager yelled at the employee, "hurry up and get that barbwire piece for that padlock, and before you leave, just set it on the table next to the door , when you walk out."

The builder went to fill up his soda pop cup, "blahh, Yuck, the pop is flat", he yelled out to the manager.  While the builder was paying he said, "I brought this coupon offer, I'd like to use it and get the discount." The cashier said "sorry I no longer can honor that coupon."  The employee was in a hurry out the door, and threw the barbwire on the floor when the manager wasn't looking. The builder said to the manager, "who is your main boss?" The manager replied "Ed, he is the Chief Operator around here, we call him the big C.O. and he really inspects this place daily and has the "so called final word around here."

Next, the cashier approved the builders check, gave him back only $14, and only 3 sandwiches instead of 4. At this point it was 11:59pm and the builder saw the manager, ready to leave, but the manager could only find the padlock, but no barbwire. The builder now was really mad, and said to the manager, "I have been waiting for 25 minutes, I've had bad service, stale pop, have you seen all the problems I've had." 

The Manager said to the builder, yes I have, it looks like we served BELOW GRADE soda pop, it is FLAT, so next time LOOK OUT or even better to just WALK OUT.  You came in with the OFFER and we didn't honor our DISCOUNT, you tried to write a check for MORE THAN THE PURCHASE PRICE and get CASH BACK, so we had to call the BANK FOR APPROVAL, and then you got SHORT CHANGED, and YA' SUBS GOT SHORTED.  What do you want me to do, call in the big C/O for his "so called FINAL INSPECTION."  Well Mr. Builder, I got my own problems here, my employee couldn't get the WIRE TO THE TABLE, and because my LOCK is no good, here I am at the 11th HOUR and I CAN'T CLOSE.  Without a way to lockup every night, until it's fixed, let's face it, I am out of COMMISSION!

Good Day!! have a cup of java and a smile on me :)

Steve Dalton
219-465-8352 - Valparaiso, IN
Northwest Indiana Home Builder

Today I met my team at 7 a.m. to find that the cabinets were never ordered for a house that is supposed to close on Friday!  The house that was closing tomorrow didn't have any running water.  The house that was supposed to close Friday, still needs landscaping. 

I know the feeling. 

But working miracles, using subcontractors, builidng things in rain and snow, getting a customer with problem credit financed .... that's the thing of dreams.

Apr 17, 2007 02:54 PM
Duayne Weir
Investment Realities LLC/MarketLink Realty - Ham Lake, MN
Minnesota Real Estate Agent

Steve - Thanks for the comments!!

Good Day!! have a cup of java and a smile on me :)

Apr 17, 2007 05:09 PM