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The Down and Dirty Side of the Real Estate Business

By
Real Estate Agent with McGraw Realtors

We got a "floor" call Friday from a woman who had seen one of our houses and wanted to take a closer look, so we set up an appointment for 4 p.m. that day.

I went out early in order to make sure everything was ready.  While there I noticed that the builder building the house across the street was showing some people around.  We weren't sure which house the woman wanted to see as this is a new housing community and she was somewhat mixed up on her details.  So I went in to see if she was our client.  Sure enough, she was.  When I caught up to her, her husband and the "builder" they were upstairs.  He was describing in detail the features of the house and doing a pretty good job "selling" it.  I obviously surprised them when I walked in and introduced myself.  The lady said, "Oh we must be early."  Duh!  It was 3 p.m.  The builder had that hand caught in the cookie jar look and they all kind of got shy pretty quick.  I left them alone as there was nothing I could do to impact the situation.  Actually, I could have been pretty forward and fronted everyone, but I think it would have been a guaranteed loss of a potential client.  No, I took the high road, said hi to everyone and let them be on their way.

Later - an hour later - they came out so I approached the potential client again.  The builder pretty much ran back into the house and the husband and wife made it clear that they weren't interested in the house they had come to see - the one across the street.

I was pretty bummed.  I mean this was a potential $700,000.00 deal.  Pretty good commission.  Luckily there was another agent from my company around.  As I was leaving she told me to keep my chin up and hang in there as there would be lots more clients.  She is right of course, but it was still a bummer.  And it was a good lesson. 

Yes I know this business can be brutal.  Yes I know these things will happen.  And yes I'm big enough to take my losses.  But I will not compromise my integrity, my honesty, nor my ethics in order to squirrel another agent out of a deal.  I believe there are too many good agents, builders and others out there to let one selfish person ruin the day.  And further, there isn't any reason why some of us can't continue to show the buying public that we are good people who provide good service and who treat others right.

Am I wrong?

Bob

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Bob Haywood
Bob Haywood
Owasso, Oklahoma REALTOR®

Tulsa, OK REALTOR®/ McGraw REALTORS®
Bhaywood@mcgrawrealtors.com
(918) 272-7272

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Beth Bastian
Rosemont Financial Inc - Simi Valley, CA
Simi Valley Real Estate
Sorry about that.  I would loved to see the builders face, when you introduced yourself. 
Apr 02, 2007 02:34 PM
Paul Korodaj
Overland Park Real Estate :: Keller Williams Platinum - Overland Park, KS
Overland Park Real Estate
Bob- you reap what you sow.  Hang in there you did the right thing even though it hurt a bit.  Like the other agent said "there will be lots more clients."  Good luck.
Apr 02, 2007 02:43 PM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro
Bob-  I have always tried to do my business with honesty and integrity.  Yes, a few times a year stuff happens but I know that I can always live with myself over my decisions.  It is sad that it happens but there's always the next deal and i agree you do reap what you sow.  I have just learned not to take it personally and just to move on.
Apr 02, 2007 02:50 PM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro
Bob-  I have always tried to do my business with honesty and integrity.  Yes, a few times a year stuff happens but I know that I can always live with myself over my decisions.  It is sad that it happens but there's always the next deal and i agree you do reap what you sow.  I have just learned not to take it personally and just to move on.
Apr 02, 2007 02:50 PM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro
Bob-  I have always tried to do my business with honesty and integrity.  Yes, a few times a year stuff happens but I know that I can always live with myself over my decisions.  It is sad that it happens but there's always the next deal and i agree you do reap what you sow.  I have just learned not to take it personally and just to move on.
Apr 02, 2007 02:50 PM
Kelli Fronabarger
Bend River Realty Inc. - Bend, OR
Realtor - Bend Oregon
Bob- You definitely did the right thing. Your integrity may just win you a referral from those folks, you just never know.
Apr 02, 2007 03:13 PM
Billy Howard
EnviroTech Exterminating - Broken Arrow, OK
Bob - I have to say this happens far too much...  I had an open house in Broken Arrow and watched as the builder next door stayed outside waiting and making statements about the home I had listed to get people to his home. He blatently told them that the house I was holding open had a poor floorplan. I could hear him outside saying these things. Had a Realtor made staements like that it could mean lawsuit but since this guy doesn't have a real estate license he can say just about anything he wants. I watched as half of the open house clients left my driveway and went to his house next door. The really bad thing about this deal was that this builder built the house I had listed.  It was a home he built for a investor! What would have happened had I stated to these potential customers that he had built my listing also :) Keep your head up... 
Apr 20, 2007 01:37 PM