Do you ever get a little tongue tied when talking with a client? Today, I was walking with a buyer as we viewed a home in sore need of updating and TLC. The home is located in Pass Christian, and is approximately  35 years old.According to neighbors I chatted with, the cul de sac did not flood. The family wants to stay in Pass Christian so they do not have to disrupt the children from school. They also really, really need a 4bedroom, 2 bath, garage, fenced yard.

We are looking considerably below their pre-qualified range as they feel more comfortable with lower payments. Plus we expect insurance to add between $300 and $400 a month. Fortunately, the family will qualify for Ms Home Corp assistance. Pass Christian presently has many newly built 3bed/2 ba (Planetta Homes, LLC is one of the major players in new home construction for the Bay St. Louis/Pass Christian area) that they could swing, but they really want that 4th bedroom.  

He asked about yet, another issue. My reply was that if he were interested in the property the offer would be subject to inspections and that we could "negotiabate" any particular areas of concern.

We stopped in our tracks and looked at each other with a perplexed look on our faces. We both knew what I meant and immediately knew that subconsiously I was fusing debate and netgotiate. It was like a light bulb went on for both of us. Perfect! We had created an innovative yet perfect word for real estate negotiation!

It gave us another reason to laugh together and enjoy the home viewing experience. Now I think we will have to use negotiabate around others and give it its proper conjugations: negotiabating, negotiabatable, negotiabators.

 

 

14 Comments on Buyer Humor: Its Time to Negotiabate

MAY
09
2007
Funny how things seem to blend together at times.  I think that I have come across a few clients where the term "negotiabate" applied!
11:45pm • #1
182,728 Points 11 Featured Posts Outside Blog
Great word Suzi...who knowa it may catch on!
11:45pm • #2
Cute story. I frequently get toungue-tied because I try to go 100 mph. I'm glad that your buyer laughed with you and realized that you are on his side.
11:49pm • #3
MAY
10
2007
1 Featured Post
Actually it is in poor taste to abuse the English language like that!  Professionally I wouldn't use the word.
12:37am • #4
10 Featured Posts Localism Sponsor Outside Blog
At least your bout of tongue tied'ness resulted in something reasonable. How about when your speaking and its as if 5 words are getting mixed together and it ends up sounding like your speaking in tongues. At least it only happens after what is usually a long and involved day. Thanks for the new word and I say abuse the English language till it cries for mercy.
1:39am • #5
Suzi ~ That is comical ! We are HUMAN as well, I like your new word.
5:26am • #6
4 Featured Posts
Good grief; hope the President does not read your post!
6:24am • #7
224,750 Points 2 Featured Posts Localism Sponsor Outside Blog
See, you've coined a new word!  BTW, those insurance rates are right up there....have you seen any hopeful signs that rates will subside in your area?
6:43am • #8
2 Featured Posts

Suzi...I love it!  Great new addition to the real estate dictionary!  that must have been funny when you said it.

Regards...Jay

6:47am • #9
111,315 Points 7 Featured Posts Outside Blog

Everyone--I smile each time I think of it. The smile and twinkle in the eyes of my client was priceless, too. He knew where I was at mentally--it was a freudian slip. If I ever use the word puposefully, it would be in humor and with people I feel comfortable with. We all need something to break the stress sometimes. The client vote is to bring it into the real estate lingo.

I personally do not believe that creating a fresh coined word is not abusing the English language, especially if involved people immediately understand the meaning. For the Agent on either side, I think it brings a visualization of a person that champions their cause with dertermination.

Insurance: Have mercy! It seems like everyone is working on the issue and no one is getting anywhere. If anyone from our area has bright ideas, please clue me in. Insurance is the deal breaker if the buyer agent does not have buyers totally prepared. Many Builders and a small majority of serious home sellers are offering 1 year paid insurance as incentive. But, in the end it ends up in home price.

8:38am • #10
MAY
11
2007
138,875 Points 1 Featured Post Outside Blog
Suzi-That is quite the interesting word.  I read an article today in Consumer Reports that said Missississipi (Gulfport and Biloxi) are the place to go if you want to flip houses.  What is your take on that?  Aloha!
12:36am • #11
111,315 Points 7 Featured Posts Outside Blog

Negotiabate! I think the client and I visualized strength and focus in this oddly coined word. He knew I had a plan in my head.

The MGC (Short for Magic Gulf Coast), The flipping opportunity is not as strong as it was, but it is still there. There is wide opportunity in pre-construction investment. It is my belief that if you want to flip houses you have to be willing to put $$ in to the houses. It isn't going to be as simple as clean and paint. Flippers still have to deal with buyers being able to afford home owners insurance. The Prime need here is in the range below $150K. (IMHO).

Let's cross associate. We have the Navy SEABEE base and Keesler Air Force Base, PLUS we have Stennis. I need folks who can teach me more about being a military relocation specialist. Pleased to make your acquaintance!

6:22am • #12
138,875 Points 1 Featured Post Outside Blog

Aloha Suzi-That article that I had mentioned was based on all of those so called experts that travel the country and tell you how you can make it rich by flipping houses.  Of course we all know better and this market currently does not support their theory anymore.  You bring up a GREAT point about the insurance and the fact that there need to be people who want to buy there.  I can imagine that a lot of previous owners were scared away and dont want to come back.  On the other hand, you have the die hards that will be willing to stick it out and grind through anything.

Yes, lets work together.  Feel free to get in touch with us anytime you may have questions about military relocation.  We will be happy to help.

Aloha!

1:38pm • #13
MAY
25
2007
111,315 Points 7 Featured Posts Outside Blog

I just discovered this post was Featured. Cool! I got distracted with income producing enterprises (negotiabating) and forfot to check in.

9:30am • #14

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Suzi Gravenstuk, REALTOR®, Broker

Diberville, MS

More about me…

In Transition...

Address: Mississippi Gulf Coast, Harrison County, Long Beach, MS, 39560

Office Phone: (228) 447-4470

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Are you excited? If you found me, you are most likely thinking of moving to the Mississippi Gulf Coast. I remember the excitement, anticipation and concerns about relocating. Therefore, I try to convey "slice of life" moments with photo-blogs and single photo uploads. My area of focus is Harrison County, MS. Distinctively, Gulfport, Biloxi, and Long Beach at this time.



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