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Don't Poke the Bear

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Services for Real Estate Pros with Ward County Notary Services
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There ARE bears in Real Estate you don't want to poke!

Titus & Philemon are guinea pigs and I wouldn't be too afraid of them but if you are an even smaller guinea pig you might me. Now us humans might/should fear this:

I don't remember the first time I heard "Don't poke the (sleeping) bear" and I also don't remember the first application where I did just that and found out exactly what those old words of wisdom meant.

Drawing upon my years of Real Estate experience I can tell you, with certainty that there are bears that Buyers, Sellers, and Agents can poke and they to will find out exactly why you "Don't Poke The Bear". Poking the bear in Real Estate can change that sold sign to:

Here are a few proven ways to poke the bear if you are the Buyer, Seller, or agent involved.

Argue with the Lender. Argue with the Home Inspector. Argue with each other heatedly. Argue with the Appraiser (unless you have solid comparables to back up your argument). And my favorite:

Buyers asking the Seller for more free stuff at closing.

 

 

 

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Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Selling the Main Line & Chester County

It never seems to go well arguing with the appraiser, even when you do have comparable values to back up your point. Always good to avoid poking the bear.

Feb 01, 2023 08:30 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bob and yes don't poke the bear can be a buyer asking for to must, or you are right about lenders also.  Don't Poke the BEAR!

Feb 01, 2023 08:32 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Bob,

You have that right! Don't poke the bear. Some agents feel they know more that the appraisers and are arrogant when getting them comparable sales. Not the way to handle it! I've found establishing good relationships with appraisers always helps on my listings. Often i have appraisers contact me about properties I've sold in the community. They want to know why I got more for one than another. I'm always gracious and give them information to help them. I've rarely had a problem with any of my listings not appraising.

Feb 01, 2023 09:41 AM
Anna Banana Kruchten Phoenix Broker
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Now how ridiculous is it when we run into a fellow 'professional' that somehow thinks yelling and screaming (whatever you call it) is a good thing.  Grow up and don't you dare poke the bear!  I'd hang up on you Or I'd walk away and suggest we talk when you calm down - and not before.

Feb 01, 2023 10:59 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

We had a great team of appraisers in Minot when I moved here Nick Vandekar, 610-203-4543 but I think all but one has since retired. When we were hit by a flood in 2011 they had to bring in appraisers from all over, many had not heard of Minot ND and wanted to compare based on where they were from... it was a horrible mess.

Feb 01, 2023 11:41 AM
Nick Vandekar, 610-203-4543

That is one of the big problems, so many of the appraisers are aging out and there are no young appraisers following behind due to the requirements to become an appraiser being so stringent.

Feb 01, 2023 12:00 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

It never works out well to poke the bear does it Will Hamm ? Especially if the bear is our client 🤪.

Feb 01, 2023 11:43 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I forgot about that back side of Appraisers contacting us Dorie Dillard Austin TX . I always enjoyed helping them out.

Feb 01, 2023 11:44 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Anna Banana Kruchten Phoenix Broker I can not imagine you as a bear BUT I agree whole heartedly, If another agent is going to lay into me they are going to see how angry a bear can be. 

Feb 01, 2023 11:46 AM
Anna Banana Kruchten Phoenix Broker

Bob I do not get angry.  That to me is a waste of time and energy and creates nothing good. There have been only a few times where some know it all agent has gotten out of line with me.  I told one guy - I am hanging up now. Call me back when you get yourself under control. If they did not  control themselves, one phone call to their broker handled it.   There is no room for crazy behaviors between professionals.

Feb 01, 2023 12:33 PM
Bob "RealMan" Timm

Well said Anna Banana Kruchten Phoenix Broker and well done. When I think about it the incidents between another agent and I probably added up to two or three and I did take it to their Broker just as you said you would.

Feb 01, 2023 07:03 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Good lesson to not poke the bear -- but I like Anna Banana Kruchten Phoenix Broker comment - call me back when you get yourself under control! lol Not much to be said after that 

Feb 02, 2023 07:59 AM
Anna Banana Kruchten Phoenix Broker

Lise Howe it works every time when somebody needs a 'time out'!!!  Just like a little kid's temper tantrum.  Not happening on my watch!!

Feb 02, 2023 08:55 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Bob- sorry I couldn't comment on this yesterday but we both had bears on our minds. cute analogy with real estate and you've given good examples about poking the bear when buying a house!!!

Feb 02, 2023 02:23 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I am happy that you got to it Kathy Streib . Frankly I have no idea how you find the time to read so many posts. You do a fantastic job doing it.

Feb 02, 2023 02:51 PM
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