Murphy's Law and the Real Estate Transaction

Murphy's Law: What CAN go wrong WILL go wrong

This post was inspired by a missing prescription. I went to my doctor who said she would phone in my prescription. After work I went to the pharmacy, only to be told they had no record of an order. They blamed the doctor's office, who was closed by this time, and suggested perhaps I was at the wrong pharmacy!  

Regardless of how much I protested, they didn't budge. The next morning, the doctor's office called to confirm my prescription WAS called in, this time with a confirmation (?), and my script was filled. 

So, WHY did I think this relates to real estate? If anything goes wrong, someone's going to point a finger. It's human nature to want to place blame, and I see it happen all the time.

A real estate transaction has many moving parts. Lots of people are involved from contract to closing. There is a buyer and seller, the buyers agent, the sellers agent, the loan officer or mortgage originator, the processing department, underwriting department, appraiser, home inspector, termite inspector, title company, attorney, paralegal, etc. A lot of people have jobs to do. and if something goes wrong, the finger pointing begins.

I do my best, and I expect everyone else to do theirs. If I make a mistake, I will own it. And if you screw up, admit it, correct it if you can, and move on. 

Real estate transactions, as in life, take cooperation and teamwork, patience and understanding. Let's stop placing blame and work together toward a mutually satisfactory outcome.

Today was one of those days. Someone dropped the ball on a loan. I could have reacted badly and blamed the guilty party. Instead, I took a few deep breaths and looked for a solution instead of pointing the finger. If there are no other hiccups, we will still meet our scheduled closing time.

If you are buying or selling a home in Brandon MS, I will explain each step in the process and let you know what to expect. I will follow up with vendors and do everything possible to keep your transaction on schedule. Sometimes there are hurdles but we'll face them head on and do our best to work through whatever Murphy's Law throws at us.