Monday Miscellany - Teamwork, Family and Offers

By
Real Estate Agent with Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com 10301213186

Another Monday and various things are taking up brain space in my mind. This week's Monday Miscellany thoughts surround teamwork, family and offers.

 

Monday Miscellany

Teamwork. Every real estate professional is both a competitor and coworker with every other real estate professional. We compete for business, but we also have to work together as members of teams when getting our clients to the closing table. Also, at any time agents join and depart from brokerages, so someone who used to work elsewhere could be working along side us at any time.

 

Which is why, in my opinion, we should all be cordial, pleasant and helpful to each other. It doesn't cost anything to behave in a  "do unto others" method and it could result in huge benefits. This week I asked another agent to explain a buyer-agent fee that was in his private agent remarks. I had already asked my broker, who didn't know and who asked me to reach directly out to the agent. The agent responded by comparing me to a for-sale-by-owner "and cheap commissions," with lots of "you" words. It was a very rude and snotty response from someone I hadn't ever heard of or worked with before. I did wind up putting in an offer, which unfortunately didn't work out, but we could have been on the same team if that deal moved forward. I let my broker know to put this person on the "do not recruit" list. The agent's attitude was so unnecessary. Kindness and a sense of teamwork goes a long way in every aspect of our lives.

 

Monday Miscellany - Teamwork, Family and OffersThoughts on family. With four sons between my husband and I, and with our own siblings, aunts, uncles, nieces and nephews, parents and the like, holidays have often been full of noise and life. Easter gatherings would include baskets and chocolate bunnies, with tons of food and conversation. Life does go in circles, and some day the house may be like that again. But this year, with deaths and distances keeping many apart, Easter was quiet. My husband, me and one adult son. It was of course still a wonderful day with delicious food, conversation and togetherness. For me, family is the most important thing in our lives. Spending time doing normal things or fun things, it's the time together that makes any holiday (or really, any day) special.

 

Making offers on homes. There is no way to know exactly what a seller will accept for their home, with the exception of the listing price of course. When making offers on homes, there are so many factors to take into consideration. What is the market like? Is it a seller's market with homes getting scooped up in a day or so? Is it a balanced or buyer's market where it's okay to take some time between the viewing of a home and the submission of an offer? Is the home priced well for the market, or is it over or under priced? What have comparable homes been selling for? Is the home at the top of a buyer's price range, or is there wiggle room? How badly do the buyers want the home? How badly might the sellers want to sell?

 

Often, a buyer will place an offer and the seller will counter-offer. The sellers and buyers might negotiate back and forth a few times (or many times) before either coming together and agreeing on a deal or moving along to look for the next house or buyer. Sometimes, the very best possible offer is placed and the buyers lose out to someone with a higher, stronger, cash offer. And sometimes, not as often as the other scenarios, an offer is placed and accepted with no negotiation. This week I had one like that. My buyers put together a solid offer, we presented it, and the sellers accepted it. It's a wonderful call to make when you can say to your buyer "the sellers accepted your offer as is."

 

My brain is relatively quiet this morning, and those are the only thoughts that are spinning around my head at the moment. So with that, I wish you a wonderful week!

 

 

Originally published at thehousekat.com.

Posted by

 

Kat Palmiotti, The House Kat

Licensed Associate Broker, CBR®

Grand Lux Realty, Inc.

428 Main Street

Armonk, NY 10504 *

* still supporting Monroe NY, Orange & Rockland counties.

 

914-419-0270 (cell)

email: kat@thehousekat.com

www.thehousekat.com

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Rainmaker
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Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Thank you Peter Mohylsky, SoWal Is HOME. 

Good morning, Sheila Anderson - I hope you had a great day yesterday!

I agree Nina Hollander - they are cooperating brokers or co-brokes. Or they should be!

 

Apr 22, 2019 04:35 AM #4
Rainmaker
3,164,882
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Kat. We have one son who is married and one grandson.We live within walking distance and are close. So family time is our priority.

As for business, teamwork is essential. If my agents had bad experiences, the other agent is off my recruiting list.

Offers adn counter offers are a fact of business.

Enjoy your day hassle free! 

Apr 22, 2019 04:35 AM #5
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Thank you Wayne Martin - teamwork really is essential! Have a great day!

Apr 22, 2019 04:37 AM #6
Rainmaker
4,866,639
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Kat Palmiotti informing your Broker of another agent's lack of "teamwork" a smart move is what every agent should do when they cross paths with that type of agent....one bad choice can destroy an office....literally.

Apr 22, 2019 04:39 AM #7
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Thank you Barbara Todaro -- I totally agree - a bad attitude/agent can infect the entire office.

Apr 22, 2019 05:53 AM #8
Ambassador
2,641,306
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

I've never understood the need for some agents to throw shade at another agent.  You never know when we're going to cross paths again.

Apr 22, 2019 06:12 AM #9
Rainmaker
3,185,207
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Negativity is contagious ....and best to just to stay away !

Apr 22, 2019 06:24 AM #10
Rainmaker
1,374,657
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I am seeing quite a few listing agents put this fee in. I am unwilling to pay agent fees to another brokerage. I write an amendment which clearly put in place no fees if we agree on a deal. I think this can cause bad-will between brokers and works against any potential "teamwork"

Apr 22, 2019 06:36 AM #11
Rainmaker
2,444,830
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

My Easter was also quiet, but wonderful none the less.  I am glad yours was enjoyed my friend!

Apr 22, 2019 07:28 AM #12
Rainmaker
4,310,343
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kat,

What a wonderful reflection on the weekend you shared with us.  We were very fortunate in our real estate practice to work with colleagues rather than competitors.  It was all about getting the job done for the seller and the client.  Wishing you a wonderful week ahead.  A

Apr 22, 2019 07:53 AM #13
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Kat Palmiotti - You didn't deserve the treatment you got from that so-called agent. You did the right thing to let your broker know. Also, your broker will have an idea about this person if another agent in the office does a deal with them. 

I believe in the Golden Rule in business and my personal life. I have found that the most difficult agents I have had to work with are on the opposite end of many of my transactions. Go figure!

As for family...

My husband and I have one son, his wife and our grandson in Sedona. Every Sunday we have Sunday dinner because both kids work and we watch Tristan. Easter, they were both off and we had all day together!

On holidays, I invite others who do not have family close by. But this year, our neighbors had their children here. 

Apr 22, 2019 07:58 AM #14
Rainmaker
3,238,750
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Kat - in a way I think each of these topics is somewhat related and it's nice to see how you view each.  Real estate, family and offers/counter offers/negotiations are a part of real life.  Ups, downs and sideway activities are best addressed when we truly understand the view point of the other side/person.  

Apr 22, 2019 03:14 PM #15
Ambassador
3,041,741
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I must ponder this post remembering the negative agent Kat Palmiotti 

Apr 22, 2019 09:27 PM #16
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Exactly, Liz and Bill Spear - we never know when we'll have to work with people again; might as well be nice.

I agree Sally K. & David L. Hanson - I guess the agent was having a bad day.

Jeffrey DiMuria 321.223.6253 Waves Realty  - this fee was for a foreclosed property where the offers all had to be placed on a specific offer platform. The agent indicated the fee went to the company that owned the online tool.

 

Apr 23, 2019 03:40 AM #17
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Thank you Brian England - Yes, a quiet holiday can still be enjoyable!

Ron and Alexandra Seigel - Thank you! I'd much rather work with people who know how to work "with" people. :-)

Sheri Sperry - MCNE® - That's wonderful that you have weekly dinner with your son, his wife, and your grandson. Those are memories that will be with you all forever.

 

 

Apr 23, 2019 03:43 AM #18
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

You're right, Michael Jacobs these topics were all linked in some way. Thank you for stopping by!

Hi Paul S. Henderson, REALTOR®, CRS - We all have to try NOT to be the cranky agent! :-)

Apr 23, 2019 03:45 AM #19
Rainmaker
1,959,649
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Good Morning, Kat Palmiotti - First of all, thank you for introducing me to a new Word for the Day: "Miscellany!" 

Teamwork is crucial to succeeding and this paragraph goes a long way in developing solid relationships. 

I am sorry for the struggles and challenges you have been faced with. I can relate because it is what I'm going through now. My daughter-in-law is preparing to bury her mother, father, and brother and it's hard to be long-distance. In some ways, I feel we could have been sisters and I want you to know, you're a very special person in life here on AR and I'll always support you.

When it comes to listings, we are not magicians. Isn't it crazy when everybody says a home won't last long but then it stays on the market much longer than expected? Sometimes, it's not about the Real Estate Agent, the price, or the location --- oh, we could have long stories by the fireplace, you and I sharing stories.

I wish you best wishes always. I look forward to the day we meet in Montana.  

 

Apr 23, 2019 07:13 AM #20
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Thank you Patricia Feager, MBA, CRS, GRI,MRP - I cannot wait to meet you either, and I do think we will have lots of stories to share. I'm glad we are friends and look forward to being "in person" friends!

I'm sorry to hear about your daughter-in-law; it sounds like this is an incredibly difficult time for her. Being long distance is definitely tough when it's distance from those we love and care about.

Wishing you a great rest of your week.

Apr 23, 2019 11:24 AM #21
Rainmaker
3,173,897
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Yes we all run into those "do not recruit type candidates" and sadly they do not care....Endre

Apr 23, 2019 10:55 PM #22
Rainmaker
1,402,295
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

You're probably right, Endre Barath, Jr. !

Apr 24, 2019 10:58 AM #23
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