How Footwear Affects Vision

Reblogger D B
Real Estate Agent

Original content by Jon Zolsky, Daytona Beach, FL

We have a listing. Beautiful 3 bdr/3 bath oceanview condo on the south side of Dimucci Towers Grande in Daytona Beach Shores. Very spacious unit, with two balconies, terrific amenities, and one of the most liberal rent restrictions, making it a great choice for those who plan to rent.

This is a short sale. At $239,000 this is the lowest price for an oceanview 3 bdr unit in the Condominium building. So it is not unusual that I get calls from the agents.

And all of them are asking the same question about our progress with the Lender. They want to know where we are with the lender. Well, nowhere. We were told to send the contract, when we get it, and that’s the extent of out foray into the Lender.

Towers Grande Daytona Beach Shores - jon zolskyAnd that’s what I tell agents. This is a short sale. We can’t guarantee that it is going to be quick closing, and we can’t even guaranty the price to the penny, even though we have the letter from the lender indicating the price they would be considering. Yep, in writing.

The agents that call me do short sales, and I expect them to be aware of the short sales. But for some reason, when they are in the shoes of the buyer’s agent, they are often not.

My last conversation was really weird. The agent told me that her clients were considering to give us a lowball offer, and with their right to walk away in 45 days. I told her that I would recommend the Seller not to consider this offer.

- Why?

- So far we did not have closings in 45 days. And this is not BoA and not the Equator situation. We would need double that time to make it realistic.

And then I remembered that we are doing two short sales with the company where the agent has her license. She is not the one who is handling those short sales, but it is the same company. So I am asking her why she is insisting that we accept a quick (in terms of short sale) closing, while on both short sales, where her brokerage represents the Sellers (different deals), we are already over one year and counting.

So, when they do short sales, one year is fine, but when we work with sellers, 90 days is incredibly long…

Yep, a matter of perspective. Getting from the buyer’s shoes into the Seller’s shoes…

Never thought that footwear can so miraculously affect the vision

Looking for a place to live or just to come time from time and relax on the ocean in Greater Daytona area? Call me 386-405-4408FunCoast Realty - Jon Zolsky

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Spam prevention
Show All Comments
Rainmaker
678,506
Cara Marcelle Mancuso
Long Realty - Dove Mountain, Marana AZ - Tucson, AZ
Call a Marana neighbor, I'm THERE! LONG REALTY

Very nice piece on perception - I get buyer's agents that want a daily call from me to update status on the lender's progress too - starting with contract acceptance.  Your analogy was terrific - thanks for sharing.

Jun 15, 2010 02:55 AM #1
Ambassador
1,723,119
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Donald - was surprised (though pleasantly) that my blog post was reblogged. Thank you

Jun 15, 2010 05:50 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,006,310

D B

e-PRO, Realtor - Bucks County PA - 610-952-3578
Ask me a question
*
*
*
*
Spam prevention

Additional Information