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Client doesn't seem to want to sign the inspection contingency...

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Real Estate Agent with John L. Scott Sp34627

 

Everything is going great…. The buyer loves the house…. The inspection shows a great home…. The seller/listing agent was at the inspection…. Everyone got along great… The future tenants like the former tenant…It looks like a friendly deal…. Then….

 

The relatively mild inspection report comes out.  I look at it at the report and smile.  This should be easy.  We should as the seller to fix a few things because his daughter and friends will be living there until school ends and he is a good dad and just didn’t know these little issues.  But…

 

My buyer is from the big city and seems to want everything done.  That is a bit insulting in out small city atmosphere.  Furthermore the daughter and her friends will be his tenants for 5-8 months.  I write a kinder (not as kind as I originally wrote) and sent it to him on Friday.  He messaged me that he doesn’t see why dad doesn’t do everything (some of things were merely suggestions).  Either way he hasn’t signed or talked to me about a reasonable counter.  The inspection contingency ends tomorrow (Tuesday)…

 

I have warned my buyer the contingency period was about to end and if he doesn’t sign soon he won’t get anything.   I am almost tempted to show the report to the other agent and see what he wants to do off the list.  I like the friendly atmosphere since we will be continuing a business relationship until the next school year.  I do not want the hostility that could come with an aggressive counter for the inspection contingency.   Any ideas?

 

I fear he could lose the girls as the tenants and then he would have an empty home until August.  That would lose a lot more money then the extra tree work he wants done.

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Posted by

 Debbie Holmes

John L. Scott Real Estate

  

(208)761-2551 Email: d5holmes@msn.com

To search Boise Homes visit my website

 

Comments (12)
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Randy Bocook
Keller Williams Coastal Area Partners - Richmond Hill, GA
Selling Coastal Georgia

Yikes, Sounds like a hand full . I am  not sure how I would have handled it?

Randy

Dec 16, 2012 10:31 PM
Virginia (Ginger) Schott
Cabins & Canoes - Port Jervis, NY
Assoc. Broker, CBR, CHMS

Have you pointed out the possibility of his loosing the girls? 

Dec 16, 2012 10:37 PM
Debbie Holmes
John L. Scott - Boise, ID
Gets the job done!

I am going to try to have a talk with him today.  If I don't reach him by the afternoon I will talk to the other agent and give him the inspection report.  He might be willing to do everything.  It's just we are a small place and we do things differently.  I have watched my sellers get angry over the requests and don't want to see this happen here since I know he is going to buy the home and he will need the tenants.

Dec 16, 2012 10:38 PM
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

Hi Debbie,

it always seems to start with reasonable expectations, it seems that prior to the home inspection and before the requests are asked for is when we lay the groundwork. Too many times a buyer looks at an inspection as a blank check to ask for the world, and as you said, even suggestions that really aren't problems. It seems as long as they all have family members involved maybe someone will give a little more than they normally would, especially at the holiday season.You may have to ask the buyer to reconsider and put the shoe on the other foot as far as his repair request. good luck

Dec 16, 2012 10:39 PM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Debbie,

You may have a deal that will go south......some Clients just do not get that a Win-Win is the best way to succeed, especially when there are only suggestions in an inspection NOT must be done's......

Dec 16, 2012 10:49 PM
Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Denver Broker / Author / Advocate/Short Sale

I would try to get them to dwell on the health and safety issues that really need addressed.  The "wish list" is something that should probably be eliminated.  BUT, with the listing broker and seller being present at the inspection, just set them in having to DISCLOSE that inspection to any prospecive buyer, that eould make it worse! (NOT a smart move by listing broker and seller)  UNDER NO circumstance do I or the seller EVER attend an inspection!!

Dec 16, 2012 10:52 PM
Debbie Holmes
John L. Scott - Boise, ID
Gets the job done!

If he continues to ignore the contingency ends and nothing needs to be done... Of course he is a good client and I could lose him for future work.

Dec 16, 2012 10:53 PM
Debbie Holmes
John L. Scott - Boise, ID
Gets the job done!

No lockbox and the listing broker is the seller.   That might be part of the problem....   I do not attend the the inspections as a listing agent but sometimes the seller refuses to leave.  I have had that happen a few times in the past.   It is akward.  

Dec 16, 2012 10:59 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Debbie. This is why there is angst in our business, and I hate it. I hope you work through it. Sorry.

Dec 16, 2012 11:04 PM
Debbie Holmes
John L. Scott - Boise, ID
Gets the job done!

It is early here.  So early that I put milk instead of vinegar in my poached egg water.

Dec 16, 2012 11:15 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Debbie, This stuff drives me nuts, I mean people need to grow up, act like adults and move through the process.  This isn't rocket science but we do have contracts, dates and time-lines to adhere to.  I got a feeling you will pull this one together.  Good luck!

Dec 16, 2012 11:47 PM
Debbie Holmes
John L. Scott - Boise, ID
Gets the job done!

The seller will sign and the buyer will sign.... Yeah....

Dec 17, 2012 04:47 AM
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This is a blog about all things real estate (and a few extras). I blog about my buyers, sellers, listings, short sales, the real estate market. I am internet savvy and am trying to learn more skills. I like blogging because I get to share information with other real estate professionals and my clients. I can find you a great home in the Treasure Valley. I was the Democratic Nominee for CD2, Idaho for the US Congress. I have two website: http://www.debbieholmes.net.

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