Okay, it happened. In a previous post, I asked for help in convincing a seller NOT to allow the buyer in before closing on her Sarasota Florida home and I want to thank you all for your comments.
Do you think the Seller listened? Instead, she not only let them in her garage, but allowed them to put their things inside the house. I documented everything and sent her in writing my stance on the matter.
Here's what happened. Day of closing, the buyer walked. Since all contingencies were met including a loan commitment, he released the $30,000 escrow deposit and requested that the entire amount be paid directly to the Seller. I agreed, even though there was a 50/50 split in the listing agreement. We renegotiated the agreement so that the Seller extended her listing with me for an additional 6 months. The reason the buyer walked, was that the buyer for HIS house walked. BIG MESS. So now the guy is out $30,000.
The Seller, although happy with the $30,000 is extremely agitated over this whole thing. Oh yeah, I even saved her $5000 on her property insurance by recommended a different insurer. Why so agitated?
It took 4 days for the buyer to get his stuff out of her house because he did it all himself without the help of a professional mover and used a van. The seller was calling me in tears because the buyer was bumping furniture up against walls and scraping her tile floors. I reminded her kindly that it was none of my doing and I vehemently opposed allowing the buyer into the house.
Here's the kicker. This Seller claims that she was a Realtor for 25 years. She was a Realtor for 25 years and never, never had anything like this ever happen to her before. She, the Seller was a Realtor for 25 years, sold many houses and never had one closing not go through. She, The Realtor for 25 years was so upset that she, the Realtor would not allow the sign to go back up in her yard. The Realtor (of 25 years) would not allow a lock box to go on the property.
I, her Realtor, advised her to take a few days and really think about what she just said. I, her Realtor will call her next week. Right now, it's Friday afternoon and I don't want to hear any more about a deal that went sour for which I had absolutely no control.
A big Margarita sounds really good right now. Have one on me, will ya?