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We finally closed after a lot of ups and downs, persistence is the key

By
Real Estate Agent with RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590

When I wrote the blog on May 31 Don't take any referral for granted, the reason why you need to call them quickly!  We started our house hunting right off the bat, and finally got a house they all liked in about 2 weeks time.  They were so happy to find that perfect home and looked forward to the closing which was scheduled for 30 days later.  Oh, that was just the beginning of a long roller coaster ride.

First, the appraisal came back $6,000 lower than the sales price on the contract, but we worked it out after all.

Second, our contract was contingent to the closing of my buyer's house which was located in another town about 40 minutes away and listed by a local agent, but, their buyer disappeared for a little while after our contract was executed on my buyer's new house.  Nobody could get hold of that buyer, not knowing whether they could close on their house or not, I had to explain to my other agent who we were buying the house with, which was not fun of course.  Then, all a sudden, my client's buyer showed back up, whoosh, I thought.  It went well till the day of my client's closing of his house, his buyer backed out!

Oh my gosh, now I have to deliver the worst news any one of us hate to hear, the deal is dead.  At least that's what it seemed to be at that time.

With the patience and persistence of the agent, her sellers, my buyer and his lender, we pulled it through.  My client can still buy and close his perfect new home.

Even though it took us almost 2 months to go through the ordeal and so many unknown, ifs and buts, with everyone working together, we finally closed yesterday evening.  My clients were still smiling as they signed those stacks of papers at closing, and they were so excited and looked forward to moving to Marion into their new home!

Miracle does happen sometimes, work it and it may just happen for you next time.

Posted by

 

Serving Marion, West Memphis, Crawfordsville, Hughes, Horseshoe Lake, and surrounding areas.  If you are planning to sell or buy, please feel free to give me a call, find out if I am the right agent for you.

 

 

 

Rita Fong, REALTOR®

RE/MAX Real Estate Today

1813 Highway 77  Marion, Ark. 72364

cell:901-488-9590

office:870-735-4663

fax:870-735-4668

http://www.ritafong.remaxarkansas.com

Like me @ facebook

 

 

 

Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Rita, It is indeed a roller coaster ride at times, isn't it? Glad you had a positive outcome for everyone involved, congratulations!

Aug 05, 2011 06:36 AM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Rita,

Good persistence on your part as well.  I think we all have had some hiccups that we would rather had skipped but that is part of our industry.  I'm glad it worked out for your buyer!

Rob

Aug 05, 2011 06:43 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Wanda, I am glad it all worked out for everyone involved.

Aug 05, 2011 08:50 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Rob, we have to take the good and the bad all the times, this industry sure does not have a dull moment for sure.

Aug 05, 2011 08:52 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Rita...in today's market if you are looking for easy, you will more often than not going to be disappointed

Aug 05, 2011 11:38 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Bill, I don't even know how to spell e-a-s-y ;)

Aug 05, 2011 11:40 AM
Lina Robertson
AMAX Real Estate - Springfield, MO
REALTOR® Serving Springfield, Nixa and Ozark, MO

Rita - I have no doubt it was your expertise and persistence that resulted in a closed transaction.  Congratulations, and GREAT JOB!

Aug 05, 2011 11:56 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

What a roller coaster ride!  Not surprised you got the job done.  You are GREAT!

Aug 05, 2011 01:49 PM
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Rita -  if I was having a difficult transaction, I'd sure want you to be the Realtor on the other side of the table!  You're a Pro with the patience of a Saint :)

Aug 06, 2011 11:35 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Lina, it will bring result when everyone is working together ;)

Aug 06, 2011 03:06 PM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Kay, aww, I am just glad this ride is over ;)

Aug 06, 2011 03:07 PM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Susan, the day when I work with you, I don't think we will have any problem because I've got you on my side!

Aug 06, 2011 03:15 PM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Congratulations to this successful closing. And they think we Real Estate agents don't work hard? :-)

Aug 07, 2011 04:18 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Eileen, I have a new client told me she would like to have my job.  I told her, "No, you don't." lol

Aug 07, 2011 02:51 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Rita, Congratulations on the sale. I hope the next transaction will be an easy one.Good luck.

Aug 10, 2011 12:01 AM
Rita Fong
RE/MAX REAL ESTATE TODAY, Executive Broker 901-488-9590 - Marion, AR
Realtor - Marion Arkansas Homes for Sale

Thank you, Gita!

Aug 10, 2011 03:56 AM