A Seller Steps Up

By
Real Estate Agent with Crown Key Realty

I am writing this because it is a great Real Estate story and because it helped to restore my faith in humanity,

A Realtor in my office recently took a listing on an expensive and highly desirable property. The home owner had over a half million dollars in equity. The property received multiple offers. The offer that was chosen had No Contingencies. All had been waved by the buyer which made the full price offer even more attractive.

When the buyer began inspections a leak under the home revealed a leak and a repair bill of $11,000. The buy said I want the property so I will pay for the repair as I agreed to when the offer was submitted.

The home owner said NO! I will pay for the repair because its my house and you shouldn't have to spend your money to repair my house. It was explained to the somewhat elderly home owner that she didn't need to pay as the contract was written so she wouldn't have any expense. Then she made her point very clear. She said I know what the contract says, and my ethics and sense of fair play say something else. I am paying.

Buyer was shocked, the seller paid and I think the families will be friends for life.

My name is Dale E. Bledsoe with Crown Key Realty and as always I may be reached at 209-481-6031.

 

 

Comments (5)

Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Denver Broker / Real Estate Advocate

Nice story,  .   WE do get the opportunity to come across such delightful clients, on both sides.... that it truly restores faith in others ethics and belief systems.  Too often, the "imaginary fence" is driven up between sellers and buyers.... we as the professional need to keep that fence OUT!

Mar 07, 2016 05:36 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

You have to love and embrace integrity when you see it these days Dale Bledsoe I have no idea who this woman is but she is MY friend as well.

Mar 07, 2016 06:09 AM
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Wow Dale this is one amazing lady to step up to the plate and repair the leak. Very very impressive.  I see people getting all nuts about $200 or $300 and it seems so trivial to me.   There are people just like this lady in my world but none quite like this.

Mar 07, 2016 07:48 AM
Mike Baltierra
Rise Realty - Eastvale, CA
Full Service at Your Service Realtor-Eastvale CA

That's crazy I never heard of both fighting to pay for the cost of a repair. I love working with people like that. It's what keeps me doing what I love to do.

Mar 07, 2016 10:04 AM
Dale Bledsoe
Crown Key Realty - Tracy, CA
Realtor in Tracy, California

Dan, I agree with the imaginary fence. In most cases there is no need for it to become an adversarial relationship.

Bob, her ethics and sense of fair play is amazing. She is my friend to, as I did the open that brought the offers in. She was great to talk with.

Anna you are correct. We have all unfortunately see a petty disagreement of a $200. or $300 dollar item implode a deal that should have happened.

Mike, you made me laugh. They weren't fighting over it, the seller made it VERY clear who was paying.

Mar 08, 2016 01:49 AM