I woke up yesterday and prepared for the day.  I looked in the closet at a pair of dress shoes (shoes for work), sandals (shoes for play) and hiking shoes (for looking at lots of property at once).  None of them really looked right.  I came downstairs and looked over in the corner.  There sat a pair of very well used, scuffed, scarred and comfortable combat boots.  I usually don't wear them "to work" anymore since they really don't fit in with my post 1994 profession, but yesterday lacing them up seemed appropriate. 

I'm telling you, Columbus is getting to be a tougher and tougher market.  For the last week it seemed like if it could go wrong, it would go wrong.  Prices are down. Lenders are pulling funding.  Appraisals are not coming in where they should.  This is great if you are a buyers agent, but as someone that primarily works on the seller side this isn't the easiest market to work.

Boots on, I marched into the office and the battle began.  Bedbugs in an apartment, 3 lowball offers, 5 new REO listings, 2 postponed closings, 1 buyer with pulled funding (supposed to close yesterday), 1 commercial listing seized by the IRS and one residential deal that did not appraise (also supposed to close yesterday).

Do you remember the old Army commercial?  "We do more before 9am than most people do all day."

By about 3:30 bedbug guy was dealt with, all 5 new listings were priced, had the clean out & lock change ordered, 2 postponed closings were re-scheduled and I convinced the IRS to let me continue marketing the property.  We got the buyer forwarded to a new lender (we'll see what happens).  At 10:50 pm, the email came through that our re-proposal to salvage the "bad appraisal" had been accepted by the buyer and signed off on by the lender.

Miller Time my butt!  It's Patron Time with a Heineken chaser.

My boots are back in the corner, under guard.  You will get my boots when you pull them from my cold, dead hands !!!

I am currently seeking clients with few or no problems.  Been looking for years, so I am not holding my breath.

I am also seeking more agents, if any have the guts !!!! 

Now I am off to the funny farm...Hey ya, hey yo, hey ya, he he !!!!

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Ohio Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Ohio Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

 

9 Comments on Got Enough Boots to Sell Real Estate?

APR
28
2007
1 Featured Post
You know what they say, Army of One.
8:12am • #1
4 Featured Posts

I've worn out alot of shoes, burned alot of gas and been to the post office so much the postmen all know my name...

Keep on with the keep on!

8:13am • #2
Sometimes I wear camo. to work. I call it my fighting the Real Estate War clothes SMILE
8:16am • #3
832,092 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

MY HERO! ! !

Folks laugh because I wear jeans when I show properties.  N-E-W-S  F-L-A-S-H.  I wear jeans all the time.

Lsst year I sold a $5M home wearing jeans.  The buyers were wearing jeans too. 

 

8:27am • #4
258,770 Points 26 Featured Posts Outside Blog
a quick solution would be to give the IRS the bedbugs, just a thought - after paying what I had to they can afford the exterminator
10:34am • #5
169,339 Points 17 Featured Posts Localism Sponsor Outside Blog

Rich,

I had that type of day on Friday.  I was taking calls and putting out fires while doing a treadmill test.  My Dr. said I don't have heart issues, I have stress issues and now he knows why.

Keep up the good fight,

Fran

9:29pm • #6
APR
29
2007
415,674 Points 17 Featured Posts Outside Blog
Are you nuts? I read your posts. You couldn't pay me enough to work with your clientele. I am WAY too girlie =P
7:09pm • #7
MAY
01
2007
2 Featured Posts

Rich,

You need to get out the hip boots in this market!  You know that ole saying about getting out the hip boots because ______ is getting deep!

 

9:50am • #8
MAY
02
2007
2 Featured Posts
Rich, sometimes when I think I am having a hard time, I log on and read your posts. They make me laugh and remember that someone has worse tenants than we do.
3:25pm • #9

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Rich Kruse

Columbus, OH

More about me…

Gryphon USA, Ltd.

Address: 9387 S. Old State Rd., Columbus, OH , 43035

Office Phone: (614) 885-0020 x 17

Cell Phone: (614) 885-0020

Email Me

A lighthearted and informative look at the real estate and asset sale professions. The Gryphon Organization provides real estate, auction and asset management services through a variety of subsidiaries including Gryphon Asset Management and United Country Ohio Realty & Auction Group.


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