It’s 105 Degrees Outside. What Do You Mean You Have Cold Feet?

Reblogger Mary Yonkers
Education & Training with Alan Kells School of Real Estate/Howard Hanna Real Estate

What a sense of humor!  Or maybe it's a glimmer of hope or its opposite DESPERATION.

Read Joni Staples post:  What Do You Mean You Have Cold Feet?  (Temperature is 105)  No wonder she posted in Do Not Worry ~ Today group.

Original content by Joni Bailey 518539

It’s 105 Degrees Outside. What Do You Mean You Have Cold Feet?

GIRL! Put some boots on if your feet are cold!

It seems like people have cold feet these days. Two of the past three pending sales that I have written about have backed out. No inspections, just changed their minds.

One time, it was the seller, and this last time, it was the buyer.

Blowing my mind! ☺It just blows my mind.  But then again, I am not the kind of buyer who returns items the next day because I’ve changed my mind and think they don’t look good or fit right. I don’t buy things that I am not sure of.

BUT, this is exactly what the buyer's option period is for. Or in the seller’s case, the seller financing addendum gave them time to consider whether or not they wanted to finance.

In both cases, nothing had changed except for the buyer and seller’s minds.

This is what our office calls the REAL ESTATE ROLLER COASTER!

We ride high when the contracts are accepted, and go low when they change their minds.

I am looking forward to doing the loop to loop when the next one makes it through closing! ☺

I ♥ Happy Buyers & Happy Sellers


It’s 105 Degrees Outside. What Do You Mean You Have Cold Feet?

Joni Staples, Broker Associate BHGHRE-AP (936) 650-9017

           Copyright (C) Joni Staples     (936) 650-9017


Licensed in the state of Texas (0518539)                         




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Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Mary, Joni makes a great point here, and this has happened to me just recently. My buyer changed his mind on a deal that appeared to give him everything they had asked for. It is HOT, and some do have Cold Feet.

Aug 09, 2012 06:38 AM #1
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Hi Jerry,  I have had buyers walk away from sizeable deposit for some unknown reason.  One guy simply said, 'You don't understand.'  Well, I would have a hard time walking away from $100 let alone $1,000 or more.

Aug 09, 2012 06:48 AM #2
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

First of all... I just LOVE those shoes, and love the co-ordinating polish.  They look great, although at this stage in my life, I could never wear them.  Darn !

Now... I might have cold feet, but I've got a very warm heart.  Does that count ?

I have rarely had a buyer just up and back out... although I know some Realtors to whom that happens more than it should.  Both of them are pretty pushy types as far as "closing the deal" is concerned, so I am not really surprised when, once the buyer or seller gets away from that agent, they up and cancel.  I just might cancel if I were them, too.  Just my two cents.

Aug 13, 2012 06:56 AM #3
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Mary Yonkers

Erie/PA Real Estate Instructor
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