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Real Estate Bits and Pieces

Blog by Susan Pruden
Cheverly, Maryland

Informal observations about Prince George's County Real Estate and happenings around our local area. I'm Susan Pruden, in Cheverly Maryland and I welcome your comments and participation.

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Drama in Real Estate

Saturday, February 24, 2007
Categorized in: Choosing an Agent
Tagged with: closing, problems

There are some agents who feel they must create drama in order to prove to their clients that they are working hard on the client's behalf. These are the worst transactions to be involved in as just about everyone leaves it feeling battered and bruised.

 

I've been involved in a couple of these recently. 

 

In the first one that comes to mind, the listing agent worked seller into a frenzy so that she became convinced that my client was trying to cheat her. She then refused to cooperate with us on anything, even refused to comply with repairs that she had agreed to in the contract. I would have chalked this up to the seller just being unreasonable until I heard through the grapevine that this is typical of this listing agent's transactions. Virtually every agent I've spoken to has had a similar story about selling this agent's listings. My client is very happy with his new home, but he certainly has a bad taste in his mouth from the way we were treated by the other agent.

 

In another recent sale, the buyers' agent took every problem and made each one into a federal case, threatening that her clients were going to cancel the contract if my client didn't cooperate. The truth is, as is often the case, that neither side got everything it wanted. The buyers didn't get all the repairs they wanted, nor did they get all new carpeting and other cosmetic items that they requested after the home inspection.  The seller ended up spending considerably more money on repairs - may of them cosmetic) than she expected in order to get to settlement. I am ashamed to say I completely lost my cool on this one, but never with my client. Thinking back, I was successful in getting both of us to laugh over how unreasonable the repairs were. By keeping the end result in mind (selling the house and getting out from under the mortgage payment), I was able to help my client move past the problems.

 

I think that there is enough drama inherent in purchasing or selling a home without creating more. I can think of nothing better than a trouble-free transaction. This doesn't mean that there aren't problems -- they come with the territory. But when the agent on the other side is calm and professional, we can work through the issues with a mimimum of fuss.  It's such a relief when I have to call an agent with a request or problem and the other agent simply says "thanks for the call, I'll discuss it with my client". 

 

No drama. No fuss. Just professional behavior that serves both sides well. Sometimes buyers and sellers can be unreasonable. But that doesn't mean that we agents have to buy into it. I think we serve our clients best when we stay objective and don't get personal in our reaction to whatever the problem is. Buyers and sellers can find family and friends to fuel outrage.  They don't need us to pile on. Take it seriously, yes. Work towards resolving whatever it is in our client's best interests, absolutely. But not take it on as a personal affront. That doesn't serve anyone well.

 

(C) Susan Pruden.

User Comments

1. re: Drama in Real Estate

Written by: Ardy
Sunday, February 25, 2007
Hmmm, looks like I gotta come up with some drama!

2. re: Drama in Real Estate

Written by: Susan Pruden
Sunday, February 25, 2007

Please, Ardy -- no drama! Yours is one of the transactions that I'm savoring for its smoothness! They've been few and far between in this transitional market.

 

I'm sure there will be enough drama watching you and Joseph getting the firewood off your roof!

3. re: Drama in Real Estate

Written by: Susan Pruden
Wednesday, February 28, 2007
Ardy commented that he thought he would have to come up with some drama -- I'm happy to say neither he nor the sellers came up with any on the day of settlement! Thanks to everyone for a smooth closing  ---Susan

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