The Simpler The Better In Maine Home Sales.
The seller of a Maine home wants to see the place sold.
Pretty cut and dry. Quickly, with the shortest, least hassle possible. No drama please. But saving a real estate commission is always in the back of his mind. Wouldn’t it be nice to just snap your fingers.
Get full price and everything to just fall into place. Like in the movies with happy endings. Or those so so Hollywood real estate reality shows. (Gag) Excuse me.
Without the aid of a real estate professional and the commission check at the property closing. Cut with his name on it.
Often sellers who don’t put their home for sale on the market more than once or twice in a life time forget. What is involved in the setting the price. The marketing the real estate.
For guidance, the Q and A understood fully to get to a real estate closing as efficiently as possible.
Keeping the pathway from listing to conference room closing groomed smooth and easy. Avoiding the bumps, twists, turns.
Complicated negoiations, demanding people, the layer of players involved in sales of real estate property listings add stress. They all need someone to set expectations. Explain the process. To help guide the step by step. Keep everyone on board. On what do we do, where do we go and when, how, why.
Timing is everything in real estate sales and to blow a chance to sell can mean a long delay lining up another buyer for the Maine home listing.
What does not help is when the property owner has a couple people who have expressed interest in the past. So could we please exclude them from the listing? They won’t be buying most likely but what if. Let’s exclude them from the real estate contract. Oh oh.
When you have a couple first option to buy folks in the woodwork, lurking in the shadows, problems arise.
Because going back to those “buyers” in the background when a true buyer comes forward for the sign off of the first option can cause real estate sale derailment. When one steps forward and decides he or she is now ready to proceed. Without the real estate agent, broker, REALTOR of course.
Had a little different situation with an open listing where the seller can still let the place go on his own without a real estate property comission due.
And the more the merrier, lots of real estate agents could plant their signs on the front lawn too.
Adding to the confusion with property buyers who wonder do I have to pay two, three or more real estate commissions? It can seem like a real estate circus or carnival. For someone not working in the property listing and sale trenches daily.
A buyer from Rhode Island was located, shown the place by our office.
Spent most of a Saturday with the couple who wanted to know about the area. Then moved on after getting the ten cent tour to kick tires on specific property listings.
Found a Maine home that could work as we worked together. Had a full price offer for cash and the home seller could take their time getting out. Life there rent free for six months, a year if needed. Too good to be true?
There is not a happy ending to this real estate tale.
Because when the offer was conveyed, the seller who was doing a little real estate moonlighting of his own said he thought he had the place already sold.
Pretty tight lipped on what’s up, with who. Strange conversation that was limited in shedding light on the subject.
Wishing I had known going in and out of the loop.
But smiled on this end of the phone, move on time.
Let the home buyer from Rhode Island know.
Who is not a happy camper right about now.The second not free and easy phone call where helpful happens.
Still fuming over the waste of time, money to travel to and fro he muttered. He was ready to roll, sincere and now upset. Change of plans.
Back to square one.
Then two days later, the home seller calls me saying he lost his real estate property buyer.
I asked who it was and from experience knew bank financing was not in the cards this particular buyer was holding. And the wannabee but out of luck buyer wanted the seller to simply move out, just so he could rent for a year.
With the promise down the line he would buy. Probably.
If the place was still standing and looked better than the last rental house that too many people used, abused. That led to an eviction, the court system and just short of tear gas to conclude for the vacancy of a house that was thrashed.
Open listings come with these who’s on first, second scenarios that make everyone look bad, unprofessional.
That’s why you can’t put a listing on the Maine listings MLS network that is an open contract free for all. The trhinking being find a property owner, put them together with a real estate agent they believe will get results, represent them well. And bank on one horse in the house race. For the win, place, show, closing result.
Because no one person really knows what is going on as it happens.
Things can go downhill poorly.
Like a rudderless ship with a mind of its own or simply left to the winds of chance.
From the report the banker had given me, did not see a real estate closing in the near future happening.
Nice person, just upside down and then some financially.
Unless a winning lottery ticket was purchased by this lad who had a train wreck for credit score, debt ratios, poor employment history. Getting financing for a Maine home was full of loose ends for a mortgage house loan.
But when the Maine home seller asked could I write up the contract, get the buyer on board I said let me see where his head and heart are at on this latest development. After being dumped at the real estate altar so to speak. The sting still fresh.
The buyer out of state looking for a Maine home for retirement . Getting ready for his golden years.
Told me keep being eagle eyed. For a house like the sellers. That is owned by someone not playing games. And to relay the suggestion response. That the owner could do something not G rated with the house.
Emotions, dealing with the public makes for hurt feelings, misunderstandings. And just poor timing. Had one single real estate broker in Maine been plotting the coordinates on this property sale, a deal could have been struck. And every one gotten on with their lives. In new places, a different four walls, roof, floor address location.
One Maine real estate broker that has the experience, knows the process and that you trust is a beautiful thing.
207.532.6573 | [email protected] |
MOOERS REALTY 69 North Street Houlton Maine 04730