I will give you three guesses:
1. Inga
2. Liam and Inga
3. All of the above
Saturday, March 30, 2019
Friday, March 29, 2019
If You Need to Reach Me...
Yesterday, I gave Ari's loan officer a head's up: Mama and Papa Bear will be here Friday through the weekend.
"I think I am out of town. I am leaving tomorrow morning. No! I am leaving tonight," was his automatic reply. He then added, "Thanks for the head's up."
No problem. I personally have gone fishing. I left Thursday night too.
Thursday, March 28, 2019
Denise's Dilemma
My agent friend, Denise, posted a story about her and another agent. It did not end well. Denise said she will be filing an ethics complaint. So, I called her.
"Take down all of your posts. Now." I ordered.
Denise had told me when this issue happened she was annoyed, and now that it has escalated from bad to worse, Denise is doing the right thing by filing a complaint. Because I already know too much, I will recuse myself. That said, I will enlighten all'y'all.
Denise listed a home for $175,000 (not really, I don't know how much the home was listed for, but these numbers work for this example). A buyer's agent brought an offer for $179,000.
Denise's client ran the numbers and found that after they paid off their mortgage, they would be $2000 short of reaching their (never before mentioned to Denise) goal of having netted $100,000. That is to say, after all of the seller costs and mortgage paid, they would make $98,000. And by golly! This was something so important they were loosing sleep over. They just couldn't possibly net $98,000. So, Denise offered to pay for the title policy, which was $1500.
Therefore (for those of you playing along in the home game) the seller would make $99,500.
The seller said no to the buyer (being $500 off from their new non-negotiable goal) and cancelled the listing with Denise.
The very next day the home was on the MLS listed for $179,000 and it was under contract. The new listing agent was the buyer's agent from before.
The home closed recently and Denise found out the same buyers bought the house and the other agent was the buyer and seller's agent in the transaction.
Denise feels like she is owed a commission. Now before you form an opinion based only on the paragraphs above, do know this is a common issue and there is boilerplate language in the Arizona Listing Agreement that addresses this specific issue. There is also a Code of Ethics in place the other agent has to adhere to which would prevent him from listing this house. Even if it was an honest mistake (did the seller go behind Denise's back, perhaps?). The buyer's agent should have said declined.
I happen to agree with Denise, but she knows I will never hear the case on the Grievance Committee. I suspect the High Inquisitor Squad will agree too.
"Take down all of your posts. Now." I ordered.
Denise had told me when this issue happened she was annoyed, and now that it has escalated from bad to worse, Denise is doing the right thing by filing a complaint. Because I already know too much, I will recuse myself. That said, I will enlighten all'y'all.
Denise listed a home for $175,000 (not really, I don't know how much the home was listed for, but these numbers work for this example). A buyer's agent brought an offer for $179,000.
Denise's client ran the numbers and found that after they paid off their mortgage, they would be $2000 short of reaching their (never before mentioned to Denise) goal of having netted $100,000. That is to say, after all of the seller costs and mortgage paid, they would make $98,000. And by golly! This was something so important they were loosing sleep over. They just couldn't possibly net $98,000. So, Denise offered to pay for the title policy, which was $1500.
Therefore (for those of you playing along in the home game) the seller would make $99,500.
The seller said no to the buyer (being $500 off from their new non-negotiable goal) and cancelled the listing with Denise.
The very next day the home was on the MLS listed for $179,000 and it was under contract. The new listing agent was the buyer's agent from before.
The home closed recently and Denise found out the same buyers bought the house and the other agent was the buyer and seller's agent in the transaction.
Denise feels like she is owed a commission. Now before you form an opinion based only on the paragraphs above, do know this is a common issue and there is boilerplate language in the Arizona Listing Agreement that addresses this specific issue. There is also a Code of Ethics in place the other agent has to adhere to which would prevent him from listing this house. Even if it was an honest mistake (did the seller go behind Denise's back, perhaps?). The buyer's agent should have said declined.
I happen to agree with Denise, but she knows I will never hear the case on the Grievance Committee. I suspect the High Inquisitor Squad will agree too.
Tuesday, March 26, 2019
I Am Really, Really, Really Sure I am Busy
It turns out Mama Bear will be in town this weekend to visit with Ari. I am sure she will want to see his new house. I am also sure she might be slightly disappointed to find out what one can get in his budget. Not just the house--which would be super-cute if in a different neighborhood and wasn't full of leftover former tenant trash.
I do mean trash. Old beer cans. Dirty diapers. Fast food wrappers. And all sorts of other yucky debris. If one could look past the neighborhood and the garbage, it really is adorbs.
But in any case, I think I am sick/busy/out of town/watching baseball this weekend. Darn. I won't get a chance to meet Mama Bear and see the look on her face when she sees her son's potential home.
I do mean trash. Old beer cans. Dirty diapers. Fast food wrappers. And all sorts of other yucky debris. If one could look past the neighborhood and the garbage, it really is adorbs.
But in any case, I think I am sick/busy/out of town/watching baseball this weekend. Darn. I won't get a chance to meet Mama Bear and see the look on her face when she sees her son's potential home.
Monday, March 25, 2019
Ari Update
Ari found a house. It wasn't on the market which is why there weren't 15 offers on it. We managed to negotiate a reasonable deal. He wanted $10k less than I thought the owner would take. The counter offer was $10k more.
Ari hemmed and hawed. I had a thought bubble over my head where I was thinking, "Even if you pay the $10k more than you wanted, this is a great price. Don't miss out on this place because it will be $40 more a month. How many homes have you lost out on because you are unwilling to change your criteria?" In the end, Ari signed the counter-offer and we will be opening escrow today.
Ari also told me his parents will be here next weekend and was I free to show off his house? I believe I am busy. Very busy. Given this house is in a scary neighborhood--possibly even more scary than the last one, I am not about to be there when his mother sees the place.
Ari hemmed and hawed. I had a thought bubble over my head where I was thinking, "Even if you pay the $10k more than you wanted, this is a great price. Don't miss out on this place because it will be $40 more a month. How many homes have you lost out on because you are unwilling to change your criteria?" In the end, Ari signed the counter-offer and we will be opening escrow today.
Ari also told me his parents will be here next weekend and was I free to show off his house? I believe I am busy. Very busy. Given this house is in a scary neighborhood--possibly even more scary than the last one, I am not about to be there when his mother sees the place.
Saturday, March 23, 2019
Today's Rant
Jane has put a note on her calendar to remind me to start looking for a new accountant in July. Because I really, really, really, really, really, really, really, really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really,really, really, really, really, really, really, REALLY, dislike my current one.
Friday, March 22, 2019
Bad MLS Pictures--Truth in Advertising Edition
To be fair, these aren't bad MLS pictures. They are pictures of a property that looks like, well, this.
If you are one of the two readers to this site, you know how I rant about agents who have been hired to represent a home in the best light. After all, they have a responsibility to their client. In this case, I think this agent did a great job.
If you are one of the two readers to this site, you know how I rant about agents who have been hired to represent a home in the best light. After all, they have a responsibility to their client. In this case, I think this agent did a great job.
Looking for a home with plenty of storage? Want to bring the inside out?
Don't miss this gem.
Are walls a requirement for you? Then look no further.
Are you ready to ditch the traditional and boring perpendicular walls for a bit of whimsy?
Then I have the house for you!
This all can be yours, including the spectacular view.
This house has it all! Do you want running water? No problem!
Do you want cleaning supplies and various aerosol mystery cans?
Yep, it has that too?
This seller's pride of ownership is unquestionable.
Plenty of room for a toilet paper roll holder but, you must act now!!
Wanting a multi-level home with stairs that seem to lead to nowhere?
Then this is the house for you.
And finally,
Plenty of room to add on and the studs are included in the sale (if you ask for them and include them in the offer price).
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