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There is Crazy in the Water!
Another spring selling season is in full swing around the country, and the crazy people are returning to the real estate market everywhere. The folks I am speaking of are the buyers, sellers and cooperating agents (on the other side of the transaction) who cause real estate professionals great stress and anxiety as they manage residential property listings and sales transactions. This year, in my local market, we see even crazier behavior from the “over-medicated, under medicated or not medicated” crowd.
The managing brokers I manage at Benchmark Realty, LLC are calling me every day with situations involving clients who are allowing their emotions to get the best of them and electing to walk away from transactions that are only a few days away from closing. Cooperating agents are doing the same by speaking into various issues outside of their fiduciary responsibility and evoking fear and apprehension in their buyer and seller clients. Trust me, as spring winds down and summer arrives, real estate buying and selling is going to bring out the worst in some people. There is crazy in the water!
The Last-Minute Temper-Tantrum
A couple of weeks ago, one of our brokers stopped by my office to fill me in on a ... more
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