What Is The Craziest Thing You Did To Save A Deal?

By
Real Estate Sales Representative with BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE

What is your best experience at saving a deal that would have otherwise died?

I'm sure we've all had many situations arise over our real estate careers, when the deposit cheque didn't arrive in time. or the waiver for financing almost didn't make it on time.. or there were problems with a home inspection that could compromise the firming up of the deal.

My best experience happened about 5 years ago.. I had a young man purchasing his first home.  He had been pre-approved by the bank for a mortgage so all well in that regard. Our first deal fell through because of the home inspection.  There were many things the home inspector found that would have been costly to repair, and the Seller was not prepared to take on the burden of repairing them and the Buyer wasn't prepared to invest the funds required.  So.. on to the next one.

They say everything happens for a reason, and when one door closes, another opens... and that's exactly what happened in this instance.  We found another home that suited my client perfectly, an offer was submited (in a multiple offer situation) and we were the lucky bidders.

Although we had submitted a Mutual Release on the previous deal, the Buyer had not yet received his deposit cheque back and he didn't have the funds required to secure the second property.

I decided to draft up an Agreement whereby I would supply the deposit for him to secure the Agreement.  In order to facilitate this, I had him sign an Agreement whereby he would instruct the broker from the first deal to make the return deposit cheque made payable to me as it was in the same amount... Without his direction in writing it would not happen.

It all worked out in the end for the best, my client firmed up the deal... and he was one happy client... and I was one happy agent!

It was a bit out of the ordinary, and not sure it is someting I would repeat... but I think it was my most unusual, and the craziest thing I did to save a deal...

 

Posted by

                                                                                                                                                                                                                                

Mississauga and Streetsville Real Estate


When you choose me to handle your real estate needs, you choose a real estate professional who cares about you and your family, who listens to your needs and who will put your interests first and foremost. I will work together with you, protecting your interests, to achieve your objectives.

I have been uniting families and homes for more than 31 years.. Let me put my 31+ years of knowledge and experience to work for you when selling or buying your next home.

 

Proud recipient of the Platinum award for outstanding serivce with a rating of 100% voted by my clients!!

A great experience starts with a great agent !

Helping You Make The Right Move since 1987. 

Call me at (905) 896-4622 or direct at (416) 717-6331

 www.mississaugarealestateonline.com    gvalvasori@gmail.com            

              

 

No part of this publication, may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, or electronic methods, without the prior written permission of the publisher.  Copyright © 2018  Gloria Valvasori, all rights reserved.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Ontario Peel District Mississauga
Tags:
experienced real estate agent
homes for sale in streetsville
streetsville real estate agent
gloria valvasori streetsville real estate agent buyers in streetsville homes for sale in streetsville neighbourhood values

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
670,281
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

Buy the property! Call me crazy! Never again! 

Jul 06, 2016 12:55 PM #1
Rainmaker
576,879
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

OMG Lauren!!  Yes we all learn from our mistakes, hopefully... Its all an adventure!!

Have a wonderful evening!

Jul 06, 2016 12:58 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
576,879

Gloria Valvasori, Accredited Senior Agent

REAL Experience | REAL Commitment | REAL Results!
Do you know what your home is worth in today's market?
*
*
*
*
Spam prevention

Additional Information