Peacocks, Pistols, and One avoidable pain...Smiles from the other side

By
Real Estate Broker/Owner with Homes By Cross, Inc.


There is a point that when you decide to sell your house, p
rior Charlotte Peacockto contacting a Realtor ®, that you are pluming like a peacock on the assumed value of your home.

You invite a Realtor ® into your house and question this person on their ability and means. You are returned a CMA (comparative market analysis) of the house's present market value. You proceed to think this person is trying to rob you of your assumed value as if a gun was pulled to force you to sell at such a low price.

You decide you have a better method on price but still hire the agent because of their reputation and marketing prowess. You disregard the price factor suggested in the CMA and proceed to price it too high. (against the agent's advise)

So the home lingers, and lingers, and lingers. You ultimately feel that the agent is not doing enough because of the countless showings and no offer is given.

Your life is an endless array of jumping in the car to let strangers stomp on your turf and fondle your precious home without your supervision. Your agent urges you to lower the price to garnish an offer. Your stubbornness refuses you to comply

 
bananna gunFour months into this dance to the car, your patience is waning. You are looking for an alternative. Thoughts turn Gnarly and visions of the gun re-emerge.

Who do you shoot ?


Remember, you want to sell this house and move on with your life. So you lower the price and Voila...The anticipated offer finally comes in.

The plumes of your peacock past are raised because you have a ratified contract. You celebrate (against the advise of your
Realtor ®).

In the hangover that ensues, your deaf ear hears nothing as your agent continues to tell you that this house is not sold yet. More urgings are directed at you to finish your checklist and listen carefully whi
le completing the list. contractor working

All you see are lips moving.

Your peacock plumes are out again as you decide you will not complete this list on the house. You puff and state that, in it's present condition, it is good enough for me,why isn't it good enough for the buyer? Besides, you think that because yo
u lowered  the price that the buyer is getting a steal. My loss is his gain. 

You spin yourself again into the fact you were robbed at gunpoint by the Realtor ® to accept this offer.

Your Realtor's ® lips are moving faster at this point. You still can't hear the words and complain you are being pressured. Dates and time-lines are a blur. You are consumed about moving out and packing up all your stuff , including the Whopper-Chopper you thought was long lost but is now found. 

Time is becoming of the essence and the sale is in jeopardy because of your "repair non-compliance".

Finally the AM channel that your Realtor was speaking on comes into tune and the lips have meaningful words. "The house is not going to close and the buyer wants to pull out". You have been plucked of all your peacock feathers and doom surrounds you as you blink at your belongings in the POD on the driveway.


The
Realtor ® says you can close this if you just finish what needs to be done.

You nod in agreement. uhaul

The next day a bevy of contractors swarm the house to fix your neglects.
Everybody is moving at warp speed to close escrow (they are now also charging you top dollar for the speed at which they must move.)

Within a few days, professionals from every corner of the real estate industry have made the your malaise fade away. A fire drill orchestrated by your Realtor ® to save you .

And today is the day. Closing happens and the Pod moves away.

Never put off check list items that are essential for closing.  All I can say is put away the gun , fold your peacock feathers, and make sure you have your A$$$ ready to move and do. Sometimes this tale has had unhappy endings. Not all sellers tune in and many times find they are out of time when they finally do!

Don't let your sale get away. Listen to your Realtor ® to ensure you won't walk away empty handed.

Homes By Cross, Inc

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Rainmaker
40,986
Terje (Terry) Aaslid
Realty ONE Group - Chandler, AZ
Foreclosed homes / New Homes

Hello Claude!

Thanks for sharing this with us. Highly amusing reading and should be provided to all sellers at day 1.

Nov 04, 2009 05:17 AM #1
Rainmaker
1,052,071
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Claude... The hard work behind the scenes never seems to come to light ...it is simply expected, taken for granted. We just did the job we were being paid for when we bring about a successful transaction, But if the over-priced home doesn't sell the seller never seems to remember the urgings to lower the price when it could have made the difference...live and learn.

Nov 04, 2009 05:28 AM #2
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Terje - Glad I provided a smile. Not a bad idea to copy sellers on pertinant posts.

Nov 04, 2009 05:36 AM #3
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Steve - You are so right on overpriced homes. Sometimes it's like pulling teeth.

Nov 04, 2009 05:42 AM #4
Ambassador
1,726,157
Richard Weisser
Richard Weisser Realty - Newnan, GA
Richard Weisser Retired Real Estate Professional

Claude...

Great post written by an obviously frustrated agent!

Featured in the Group "Whacked!!!"

Nov 04, 2009 12:06 PM #5
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Richard - Boy do I appreciate this feature! Thank you very much.

The Moody Blues song : "Nights in White Satin" told me to Breathe deep the gathering Gloom . That's what I do during certain closings. Makes me appreciate all the more, closings that smoothly transpire without any major issues or drama. If only all could smoothly transpire. Cheers

Nov 04, 2009 01:26 PM #6
Rainmaker
647,661
Team Honeycutt
Allen Tate - Concord, NC

This is sad but also on the verge of being comical.  Thanks for keeping us on our toes.

shelton

Nov 05, 2009 01:03 AM #7
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Shelton - It is rather comical isn't it ? Gotta smile at reality and laugh at how real it really is.  Cheers and thanks for stopping by.

Nov 05, 2009 11:41 AM #8
Rainmaker
631,662
Vern Eaton
Askov, MN
Realtor 651-674-7449

Claude...how many more happy sellers would we have if they would only listen to the professional.

Nov 06, 2009 12:50 AM #9
Ambassador
1,509,412
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

I have one right now that is a thorn in my side but luckily the seller and buyers are motivated (the tenant who hasn't paid rent since march is not) and everyone is being patient and active during this transaction :)

NEVER wait!  Always listen and act!

Nov 08, 2009 06:16 AM #10
Rainer
332,782
Irene Kennedy Realtor® in Northwestern NJ
Weichert - Lopatcong, NJ

Great analogy and great photos, Claude! I have a couple peacocks with whom I'll share your post.

Nov 08, 2009 11:28 PM #11
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Vern - So true. Yet in our box of chocolates market ...you never know what your client will do.

Nov 09, 2009 12:33 AM #12
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Renee - Boy is this statement valid: "NEVER wait!  Always listen and act!"

This is inspiration for a post. Hope the deadbeat tennant gets tossed soon. Cheers

Nov 09, 2009 12:36 AM #13
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Irene - Aren't peacocks fun ? Cheers and thanks for stopping by

Nov 09, 2009 12:38 AM #14
Rainmaker
661,166
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

Price it right and get it gone. It's easy to blame the Realtor that you didn't listen to in the first place.

Nov 09, 2009 06:08 AM #15
Rainmaker
1,132,361
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

JL - Maybe ear pulling might be an important tool that is overlooked for the selling impaired.

Nov 09, 2009 01:19 PM #16
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Claude Cross

Charlotte NC Homes For Sale
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