WHY is there so much waiting in Real Estate?

By
Real Estate Agent with Godzyk Real Estate Services NH License 033394
http://activerain.com/droplet/4YNt

Hurry and wait could be the motto of a Real Estate transaction. The best way to get through it, is to be prepared. There is normal waiting and then some, that is not so normal. Knowing what is normal and how to get through that which is not so normal, is a must. Buyers may wait for the perfect home to come on the market, they wait to see it, they wait for an answer to their offer, they wait for the inspection, the appraisal and the mortgage company to process their mortgage. They wait for approval and they wait to close.

 

Home Sellers see another set of waiting as they wait  for buyers to see their home. They wait for an offer. Once an offer is accepted they wait for the results of the inspection, the appraisal and wait for the buyer to be approved.

 

 

 

WHAT IS NORMAL AND WHAT WAITS CAN BE AVOIDED? Here in the Manchester NH area I find it best to tell my Buyer or Seller clients what to expect before we start our journey.

 

The "not knowing" is the most stress full part of real estate. Most can be avoided through communication. After all, no news, is still news, meaning that if nothing is new, at least tell us that. That news in itself is new news. 

 

The worst part of any sale or purchase is when someone in the chain of what needs to do does not get done. A late appraisal, an inspector who is over zealous and alarming to the loan officer who is non attentive. An agent you can not find or a loan officer not updating if that mortgage is approved. 

 

 

THE BOTTOM LINE is that there is a Right way and a Wrong to BUY or SELL a home. Buyers and Sellers need real answers and real solutions. Communication is key. Having a GOOD agent is a must. An Agent whether listing or a buyer agent, MUST update a buyer or the seller about market conditions and help that buyer or that seller through each step of the buying and selling process. 

 

The HARD TRUTH  is the BEST way to go about any home sale or purchase is to know that the consumer should not choose just any agent, choose the BEST agent for the job. My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. By using a philosophy, which is simple, to provide more personal and professional service to guide my clients through each step of the buying or selling process, I can help you find your dream home.

 

 

It is important to Hire the BEST Agent. In NH that could be me.  By using a philosophy, which is simple, to provide more personal and professional service to guide my clients through each step of the buying or selling process, I can help you find your dream home .

 

 

                                 

It does not take magic to turn your "For Sale" sign into a "Sold" sign. It takes a full time Local Agent who specializes in Listing homes like yours.

 

 To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .

 

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 30 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs with an infamous philosophy, which is simple: To provide more personal and professional service to guide my clients through each step of the buying or selling process. 

 

You can search for Manchester area Homes For Sale by clicking here. what is for sale by clicking here.

 

 

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Ambassador
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Buyers and sellers both get antsy with the time lapse while waiting for the process to complete itself.  It's the periods when there is no communication at all that gets to them the most

Jan 13, 2017 06:03 AM #3
Rainmaker
1,424,355
Sandy Padula and Norm Padula, JD, GRI
Realty National - Carlsbad, CA
Presence, Persistence & Perseverance

Never before has the statement, "Hurry up and wait" ever been so much cause for nightmares for us and our clients. Crazy!

Jan 13, 2017 06:13 AM #4
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Exactly Ed Silva and one easily resolved by simply communicating. Thanks for the comment

Jan 13, 2017 06:14 AM #5
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Oh yes Sandy Padula and Norm Padula, JD, GRI NMLS#1483386 we need this now and then so much time goes by before they need something else NOW. 

Jan 13, 2017 06:15 AM #6
Rainmaker
2,881,821
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Good morning, Scott -- "Hurry Up and Wait" is a term I have often used to describe life in real estate.  As you have written, the proper upfront preparation goes a long way in establishing expectations.  Of course, reinforcement is a part of this process too.  

Jan 13, 2017 07:01 AM #7
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Anna Banana Kruchten CRB, CRS, Broker
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Scott I often say 'hurry up and wait' to clients as well as - you need to have patience and expect that things might take a bit longer!! Thankfully we've got a pretty tight team and rarely are we off on timing. Once in awhile some unknown factor or person drops the ball but we're pretty good at keeping it bouncing anyway.   LIKE YOU! 

Jan 13, 2017 11:11 AM #8
Rainmaker
580,162
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Scott Godzyk 

I first learned of hurry up and wait when I was in the military. It's a test of patience. lol

Jan 13, 2017 01:33 PM #9
Rainmaker
2,156,314
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I have described those times as hurry up and wait times too!  When it takes as many entities as it does to close a transaction, you sometimes need to wait for others to catch up.

Jan 13, 2017 01:39 PM #10
Rainmaker
2,156,314
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

CONGRATULATIONS Scott, on having this blog FEATURED in the Old Farts Club group!    

Jan 13, 2017 01:40 PM #11
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Communication is the key during all those waiting periods that buyers and sellers have to go through.

Jan 13, 2017 03:15 PM #12
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Well said Michael Jacobs yes a steady dose of re-enforcement goes a long way to making things better

Jan 13, 2017 03:29 PM #13
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Exactly the root of most delays, waiting on other people Anna Banana Kruchten such as i did nearly all day today. People leaving early for a Holiday weekend at banks and closing companies

Jan 13, 2017 03:31 PM #14
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I was not born with patience Doug Dawes but it is a trait 30 years in real estate has taught me

Jan 13, 2017 03:31 PM #15
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I feel that more than normal lately Myrl Jeffcoat. It is that which we can not control that often delays us 

Jan 13, 2017 03:32 PM #16
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Myrl Jeffcoat thank you for the honor. 

Jan 13, 2017 03:32 PM #17
Rainmaker
2,638,949
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Communication goes a long way Chris Ann Cleland 

Jan 13, 2017 03:33 PM #18
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It does take patience in this job and when a buyer or seller is in a transaction. We seem to be constantly waiting on appraisals and someone to do their part of the job.

Jan 13, 2017 06:06 PM #19
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You said it, Scott. That not knowing is hard on buyers and sellers. I keep my clients well posted on the timeframes and what is expected of them. 

Jan 13, 2017 07:57 PM #20
Rainmaker
4,603,805
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Home sellers will be in very good hands when they select you as their listing agent.

Jan 14, 2017 07:00 AM #21
Rainmaker
458,297
Pat Starnes, Brandon, MS
Front Gate Real Estate - Brandon, MS
Front Gate Realty ~ 601-991-2900 Office

Your strongest statement is the "Not knowing is the most stressful part of real estate".  As professionals, we deal with the process repeatedly. Consumers on the other hand, are not familiar with the process and it is good to inform them of what to expect. Not only consumers, but WE also can get antsy when we have to "Hurry Up and Wait".

Jan 15, 2017 03:59 PM #22
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Scott Godzyk

One of Manchester NH's Leading Agents
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