In this crazy Real Estate market we all are experiencing at this time everyone is getting frustrated and when I say everyone I mean buyers, buyers agents, listing agents and even the Asset Managers who represent the Investors of the Real Estate Owned (REO) properties and the blame for the length of time to get a response to offers made has gotten ugly at times.
Buyers agents have blamed listing agents for holding back offers so the listing agent can sell the property themselves and earn more commission and I as the listing agent of two separate REO properties was accused of this very thing this past week when I informed two agents, who were waiting for signed bank addendum's from the asset manager, that their offer had been accepted but the Asset Manager was extremely busy and it would take more time than normal to get signed addendum's.
The accusations came flying at me like a sonar powered missile and I'm not half of those things I was called and when it comes down to the bottom line "Sticks and Stones May Break My Bones But Words Can Never Hurt Me". But today, Sunday, crow is being served for the holiday BBQ at a couple of agents homes.
The Asset Manager of these two properties e-mailed the signed addendum's TODAY and the escrow has been assigned so all will be right with the world on Tuesday for the buyers and their respective agents but was any credit given to the Asset Manager for working on a Sunday on a holiday weekend? NOPE!!!!
My hats off to this Overworked, underpaid, under appreciated, very qualified professional who has gone above and beyond to make these transactions become a reality of home ownership to two buyers who will never meet her and in all probability never know what she did.
Rachel, THANK YOU!!!!!
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