Realtor in Davie FL sells a puddle with a blade of grass in it
When I mention to people that I sell real estate for a living ,the first thing that comes to mind is the different types of transactions I usually have. If you start to think about it... the first picture that comes to mind is a house or a building or even a piece of land. But what about a road? Yes.. a road chock full of potholes ,grass and puddles. Think about driving your car though a virtual mine field of them. That is what I had to do.
I have a very "loyal client" who has used my services to sell some of his homes in the past. The first home that I sold was actually another agents listing but after the transaction closed we became instant friends and he was very happy with the way I conducted my side of the deal. It turns out that his family owned a 30 acre piece of land in Davie Florida and he planted many trees on it to keep it for agriculture use and a few of the members of his family built homes on it. I had mentioned that if he ever wanted to sell off the land to give me a call. About 6 months later I received that call...or should I say I received the call. He said "Neal...you told me if I was ever interested inworking with you again to call you". He basically told me although he was not ready to sell the land right now ,he was going to start the platting process and developing the land soon and wanted to include me to represent them and be in charge of the whole project. But he really was calling me for a different reason. He had this dirt road that lead from the main street to his land and that one of his neighbors owned 10 acres next to him and was trying to sell it.
The only problem was the 10 acres was landlocked and there was no access to get to it other than by helicopter. This land was all wooded and undeveloped and in order for someone to buy it they needed road access. There was no other way to get there so he asked me if there was a way for me to sell the road easement access to the other guy ,yet keeping the road as his but granting the other guy the access. He said if he could help me make a few bucks in the meantime he would be happy to. He also said if I was able to pull it off he would make it up to me by giving me the bigger deal later. The other interesting thing was that every Realtor in the business was trying to find out who actually had the road access. I was the one who held the key. It was the best kept secret in Davie.
Well after countless hours and countless paperwork and negotiations I was able to broker a deal with them where he would sell the access and have them pave the road and once completed ,the city would maintain it as a public road. This deal took about 1 yr to complete and I was paid a decent fee for my services. The funniest part of the whole transaction was when I put the deal into my office they did not know how to process it as they never had anyone sell a road easement before.
It just goes to show you if you look hard enough there are other types of real estate you can sell.
Thats cool. I remember from real estate school that we don't actually buy the land, we buy a bundle of rights in the land. I have to admit, I have never thought of selling just one of those rights. Way to go!
Neal- Most people don't realize how many different areas are encompassed in the term real estate..We have to know a bit more then how to turn on a light
Neal-it's funny here they are just starting, I repeat starting to sell docks in our MLS. I think we should look at all opportunity in real estate. Loved the story.....
Hey I wasn't making fun ... trust me.... my other half is still listening to the replays with Mike and the Maddog shedding tears.... He's got an entire room dedicated to his east coast teams... Yankees, Rangers, Giants.... My household would have been alot happier if they would have won
Easements, Neal? I cut my real estate teeth leasing mineral rights in the hills of rural Tennessee - no title insurance there then either. Dealt with life estates and remaindermen as well, and very frequently with deeds that for the last several conveyances conveniently "forgot" to mention that mineral rights were excluded from their deed since they had previously been conveyed.
Yes an easement. It was difficult because they city had to agree to the transaction as well and there was a large escrow deposit held in with an attorney.
Neal in Texas a piece of land cannot be landlocked. If it is the adjoining property has to give access to the other party. So in other words I would have the "RIGHT" to drive across your property to get to my property.
Neil of course you should take it as a compliment, sorry if i wasn't clear in my gushing admiration - Who knew you could sell a blade of grass for big GREEN! You're da man (but please keep your shirt on :-))
I wish I could think like a Realtor all of the time but this Realtor had mud all over himself.
Julio,
Hidden treasure that took almost 1 yr to get paid..funny :)
Marlene,
I think the hardest part was when I brought the deal in to get paid..they didn't know what a road easement was and how I sold it.
Cyndee,
Continuing from our on-line conversation last night...Thanks and Happy Mothers Day!
Randy,
You have been hiding from me...haven't seen you on my side for a while...but a road is a raod and it is land so I guess you can sell it even if it cannot burn.
Diane,
Toook a long time for a small amount but the experience was something I can look back on.
Great story Neal, I'm sure that must have been a fair load of work. I bet all the other agents were jealous of you! Pulling something off like that takes talent and hard work, good job!
Well done Neal! Great idea and your customer service sounds like it paid off for you and was well-deserved. You must be very proud of yourself and you made a customer for life. That's truly worth it's weight in gold. Speaking of Gold - congrats on your Star!
Way to go my friend. There are Realtors and then there are REALTORS! When Realtors think well on their feet and constantly search for solutions great things happen. You go guy! Have great day and Happy Mothers Day to all the great women in your life.
Great story, Neal. You showed your true value and knowledge, and the commitment to get the job done. And you won a client for life. Referrals can come to us when we least expect it, or in unique ways. Thanks for sharing this inspiration.
Neal Bloom-Realtor ® Assoc.-CRS-Weston FL
Weston, FL
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RE/MAX Premier Associates
Office Phone: (954) 608-5556
Cell Phone: (954) 608-5556
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Absolutely Neal. How many of us have passed up business that we did not recognize.