For this sale in the Silver Creek Country Club in San Jose for $1,260,000, I was the buyer’s agent and this was my third transaction with this young lovely couple. This couple bought a townhome with me 3 years ago, and then we sold their townhome and bought this home at the same time.
Negotiations were rough for this home. The seller really didn’t want to budge in price and was pretty adamant to get what he wanted and the buyers felt the price was a bit high for them and wanted to get some wiggle room to feel good about the purchase price.
We went back and forth and interestingly enough, the negotiations came down to a pool table, if you can believe it. The seller was very attached to his pool table, and since he would not budge any more on price, the buyers wanted the pool table to feel like they got something more out of the deal to feel good about moving forward. Come to find out, this pool table was quite the dramafest. We didn’t think much about getting a pool table in the deal, it was more the principle of the situation, but come to find out, the pool table was extremely important to the seller and he was very emotionally attached to it.
Well, after all was said and done, the seller did agree to leave the pool table if the buyer’s agreed to the final price. I wrote up an addendum for the pool table and kind of assumed that included the balls and such, but to my surprise, that put the seller in a tail spin. He only wanted to leave the pool table and nothing more, which was fine with the buyers and we moved forward with the transaction.
The transaction itself was extremely smooth until we got to the end. There was no issue with our side of the transaction, but this transaction was contingent on the sale and closing of the buyer’s townhome, and the loan for the buyer on their townhome was going very slowly and that deal was creating a situation in which is was going to be hard to close this transaction on time, because that transaction was lagging and likely not closing on time.
Well, that was a day to day struggle to get the townhome situated and closing in a timely manner. I was constantly on that side of the transaction trying my best to keep that one on track so it would not affect the closing date of this sale. In the end, it all worked out and we closed just 2 days off which actually did not affect the timing of the buyers for moving, in that they had scheduled to move on Friday and we closed on Thursday. So, it was great that the buyers did not have to make any changes to their original plans even closing 2 days off schedule.
The sellers were an extremely nice couple and to our surprise, when we went to the home on closing day, the sellers had left EVERYTHING that went with the pool table, including the balls, poles, book about playing pool, the rack for the poles, chalk, you name it, they left it. It was a very nice gesture and surely a surprise to all of us since they were so sensitive about those items in the beginning negotiations.
The buyers are now happily in their beautiful home! Not everyone can say that their transaction came down to a pool table! I am sure it will be the talk of many parties while they are playing pool.
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