These trying times provide us with a unique opportunity to show our true colors. As a group, Real Estate Practitioners can be that much needed "lifeline" for people adversely impacted by the lending industry's debacle.
A few years ago I went through Hell trying to stop this young family's foreclosure. I literally spent dozens of hours on the phone, trying everything in order to stop the foreclosure. In the end it paid off: I succeeded. I will never forget that phone call I received from my client. It still sends chills up my spine to this day. It was hard to understand her at first, because she was crying so hard. Sobbing uncontrollably she mustered: "Thank you, thank you, thank you! You saved our lives! Thank you! We will never forget you! What you did for us is the best thing anyone has ever done. I don't know how we'll ever be able to repay you!" I never expected that phone call. I wasn't even sure they understood the kind of trouble they were in. Her words will always stay with me, and saving their home from foreclosure was one of my badges of honor as a Realtor.
Just last week I helped another family keep their home. It wasn't even a lot of work. I simply pulled the comps, I told them how much equity they had in the home, and I advised them to try negotiating with the Lender again, and to go to the top, especially in light of the fact that they had so much equity in the home. They did, and they were able to work something out. They were not even my clients; they were another agent's clients and she called me to ask for help, so I did.
Here is my invitation: let's use our knowledge and energy to help these people out. The time and effort it will take is well worth it. The goodwill created by doing so, will fuel our Real Estate Practice for years to come... Not to mention our Reputation...Technorati Profile