Thursday, October 31, 2019

Teacher Prep

I can't stress enough how done I am with October. It has been one heck of a crazy month. Fortunately, my new real estate school boss has also had a crazy month and did not notice I haven't been around to talk about me teaching. That's a good thing, because up until this week, I had done nothing with my new certification. Plus, I didn't think starting a relationship with my new employer giving her a month of my baggage would be a sign of beginning on the right foot. So, I took the ultra-mature route and ignored the entire situation, hoping she didn't call.

This week, life, blessedly calmed down and I had a chance to kind of figure out what I want to teach. I think I want to start by teaching agency. It is a subject near and dear to my heart, and I truly feel if more agents paid attention to this particular topic, we would be raising the bar for our industry.

Tuesday, I sat in on an agency class. The teacher was boring and actually got the information partially wrong. Not wanting to be that student, I just took my notes and started working on my own outline, instead of raising my hand and correcting her. Ok, maybe I did that once or twice. But I swear I was tactful.

I was so relieved I was taking another agency class on Wednesday, to wash that horrid Tuesday class out of my brain. That is, until I sat down and had the worst class I have ever had Wednesday afternoon.

In the middle of class, after she said a few appalling snippets, I whipped out my phone and looked up the instructor. She had been an agent for less than two years. I didn't even know you could get a real estate instructor's license with less than two year's experience! The class was so bad, I was tempted to walk out and kiss the $20 I spent good-bye, but in the end, I stayed. I learned a lot about how not to teach a class. Trust me, I took notes.

Incidentally, I didn't have to raise my hand and tactfully correct Wednesday's teacher. There were about seven other people in the class doing it for me.

Marty and I are taking an agency class next week taught by my friend Kaye. I know it will be a good class. The reason I am taking so many is to get material together, because it appears I need to create my own curriculum.

The class I am creating for is how to set client expectations with a client consultation. Essentially, what the public needs to know to hire an agent. And more to the point, how an agent needs to act so the client's expectations are properly set.

 As a real estate professional, our jobs isn't really about showing pretty homes. And if the general public understood that, perhaps our industry would have a better reputation. There is a lot of work that goes on behind the scenes. I have had clients say to me I didn't earn my commission. Well, that means I did my job. They didn't know what was going when they weren't looking. Nor did they know how much drama they may have caused.

But the truth is, agents aren't respected. It is our own doing. I have actually lost clients because I wanted to sit down and have a consultation with them first. All they wanted to do was gain access to a home and decide if it was right for them. It didn't matter that they wanted to spend a third of a million and truly needed to know what their rights and legal obligations were. Other agents were willing to just waltz in and do it the clients' way, no matter what the legal ramifications were.

Pardon me for saying so, but this must stop. As an industry, if we want to be taken seriously, agents need to act the part. So, that's the class I am working on.


Wednesday, October 30, 2019

Appraisal Class

A week ago last Monday (October 21), I woke up with a jolt. I realized had totally forgotten to take my appraisal test scheduled on October 14. In my defense, the month of October has been six levels of crazy. In fact, it has been so crazy that even with the test on my calendar I still forgot to show up and did not think twice about it for another week.

Anyway, I hadn't studied for my final or thought twice about it. So, once I realized it was still on my plate, I did spend part of two days cramming for the darn thing, hoping I could pull off a passing grade. Finally last Wednesday, sick of the entire ordeal and frustrated by getting the covenants of a joint tenancy deed wrong every time that practice question came up, I finally just dusted my knees and went over to the college ready to accept whatever my fate may be.

By the way, I passed the test just fine. Then again, there were no questions about the differences between joint tenancy and tenants in common deeds.

I am not sure I want to earn an appraisal license through an online computer course. It isn't cheaper or more expensive than going to the Arizona School of Real Estate, but it has the advantage of being able to do this at my leisure. However, I miss having discussions and discourse about course topics. That might be more important to me if I choose to pursue this further. It is something I will have to think about.




Tuesday, October 29, 2019

The Bad Landlord

I am sorry, the smell-o-vision
is currently turned off.
This story hurts my insides.

Landon and Dawn were moving away. They had Bess house sit while they looked for a place to live in another state. Cindy, a mutual friend of Landon, Dawn and Bess suddenly became homeless through circumstances I don't exactly understand. So, what happened?

Well--and I am not making this up--Bess (the house sitter, not the homeowner) said to Cindy "Why don't you just move into Landon and Dawn's house? They are moving out of state and were thinking about renting it out anyway. They won't mind."

And then handed Cindy the keys to Landon and Dawn's home.

Bess didn't ask permission.

There was no lease.

There was no security deposit.

There was no nothing. And whilst you think Landon and Dawn should be 100 percent furious with their house sitter, they weren't. THEY DIDN'T MIND.  Why? Because Cindy needed a house.

Let's fast forward though the years of this train wreck, shall we.

I am not showing you the bathrooms.
You are welcome.
Cindy has lived in this house with her adult children. Rent is below market and has only been a mere suggestion, with Cindy having excuse after excuse about why rent would be late, if at all. Landon and Dawn have done their altruistic duty and kept the place habitable, by putting in a brand new AC unit, taking care of minor maintenance issues and paying the mortgage and taxes on the place so Cindy and her adult children had a place to live.

You think Cindy would be the least bit grateful, right? For the record, that question was rhetorical.

Last week Cindy and her adult children moved out. Landon and Dawn figured this out when the neighbor called and said there were two sizable moving trucks outside. Last week (after Dawn sent an unanswered text and e-mail to Cindy and her adult children saying this was happening) I entered the property to find a humongous mess.

Cindy et. al., left a good amount of their worldly possessions and a crap-ton of trash behind, including plates of food on the counter, and lots of perishable food in the garage refrigerator. Given the size of the moving trucks, it struck me they might have been able to squeeze in a few more items, but I guess not.

Though the place is a mess, fortunately, the house appears to be in reasonable condition. However, I had bad news for Landon and Dawn, they had to inventory and keep Cindy's possessions for a period of time before they can clean out the place and turn around and rent or sell it.

This past week, Dawn has repeatedly called me asking me for advice. Every time I give her my answer as a former landlord and as a real estate broker, she counters me, citing sources from fix and flip TV shows to what her third cousin's father-in-law thinks. I am the dumbest person alive in her eyes because I never agree with the third cousin's father-in-law. I don't watch the fix and flip shows, but I thought everyone knew they weren't reality, but instead sponsored content.

From what I can see, both Landon and Dawn don't really want my advice or expertise. I have made suggestions and given the names of folks that can help them. But so far, this is being met with, "we have this handled." That's awesome. I didn't really want to handle it for them anyway. I am not even sure I want them as clients when they go to sell it. However, I just hope Bess isn't their general contractor.

Monday, October 28, 2019

The Good Landlord

Bebe was renting a cute little townhome. A year and a half ago, she asked her landlord if she could let Don live there while she worked out of state. It would only be for a few months, and "he's a really nice guy."

The landlord (who did not ask my opinion at the time) said, "sure, no problem."

Now then, for those of you who don't have any Earthly idea of what happens next, please feel free to sign up for my 10 Day "How to Landlord" crash course.

Let's fast forward. Last week, I finally managed to convince the landlord to do an inspection. It wasn't that I thought there was anything wrong, but this situation has been going on for more than a "few months." I tagged along.

It turns out Don is perfectly settled. All of Don's worldly possessions are nestled comfortably into the this cute little townhome. All of his furniture, clothes, and dishes are there. And just to make sure nothing is going anywhere, there is a RING doorbell and interior security cameras candidly set up throughout the home. The entire place screams "man cave!"

In fact, there is no sign of Bebe anywhere. This isn't necessarily a concern, except our dear landlord has a binding contract with Bebe and only Bebe. If Don decides to not pay the rent, run a meth lab or play out one of the countless other imaginable scenarios that is going through my head right now, Bebe is on the hook.

Or, what if Don doesn't pay? How does the landlord take action to evict? There is no lease with Don and Bebe is MIA.

Perhaps Don is a serial killer with multiple warrants and has a long history of eviction? We don't know because my landlord doesn't know anything about Don because he didn't fill out an application to begin with

Are you seeing the problem here?

Fortunately, my landlord friend does see how this can get bad. She is vulnerable. Though things have been going very well and each party has been comfortable, there is no contract in place to protect this landlord. Plus, rent has been the same for five years and market rent is about $500 more than Bebe is contracted to pay, so a rental increase needs to happen too.

Anyway, the landlord sent a note to Bebe, saying "It is obvious you have abandoned the property," and gave a 30 day termination notice. She also sent a note to Don saying, "If you want a lease, you need to fill out a rental application, and have a background screening and credit check. You will also need to provide a security deposit. And by the way, we are raising your rent $200." Though this didn't sit well, he hasn't balked yet. The owner gave him five days to figure out if he was staying and complying or leaving. I haven't heard yet which direction he is going.

But no matter what, the landlord needed to do this. She wasn't protected.


Friday, October 25, 2019

Priorities

I took matters into my own hands. We now have a car. It even met Marty Sunshine's seal of approval.

Now that I can go placees, I can set up a coffee date with one of my favorite people.

Wednesday, October 23, 2019

And He Calls This "Fun"

How I shop for just about everything: Log into Amazon, check price. If it is within my tolerance, I click on buy. If not, I add it to the grocery list (even if it isn't a grocery item) and then when I go out once a week--or if Marty is somewhere he can pick it up--we purchase it. This goes for everything from nail clippers to shoes.

How Marty Sunshine shops for a car when the family is in desperate and dire need of transportation: look at every single Web site in the Phoenix metro area that might have a Toy-ru-wagen for sale. Gawk at every single car/SUV/wagon online. Compare minute features between each vehicle to excruciating detail. Dither over every subtle nuance. Does the station wagon have a flugulhorn sound system? Does the sedan have a virtual assistant? If the SUV gets a flat tire, will it change itself?

1. If I am at home, show me endless pictures of cars, calling out the wonderfulness of each and every vehicle (By the way, "I don't want a car with 140,000 miles on it," turns out to be the wrong answer.).

2. If I am at home and not super-cranky from driving all over hell's half acre for my job, drag me to where to the latest car is located to bother the sales people and then compare the car we intended to see with as many other vehicles as Marty can convince me to look at in a 90 minute period of time before I melt.

Or...

3. Send me (who has the working vehicle and is usually somewhere in the Phoenix metro area) to location of Marty's latest flame to test drive and see whether or not I "like" it.

Find some minor flaw in vehicle.

Raise price limit/search area/or other obscure requirement I didn't know was a requirement.

Repeat.

We are going on three weeks.





Monday, October 21, 2019

Deja Vu

My writing weekend was severely hindered by life. In fact, as I write this post, that's about all the writing that happened this weekend.

It wasn't the only reason my writing party was put on hold but it was one of the less ducky reasons. Some clients of mine live in Maryland. They have a home in Gilbert. They just heard from the neighbors, that the tenant had two sizable moving trucks in front of their home. The clients hadn't gotten rent and these renters hadn't returned any calls in weeks.

My clients called me in sheer panic. Was everyone moving or was the family splitting up? What kind of condition was the property in? And holy cow! What should my clients do??? My folks were ready to buy plane tickets as we spoke.

I have lived this. In fact, it brought back a flood of memories. Even though I really, really REALLY wanted to sit down and flesh out why my first chapter is 83,000 words and 157 single spaced pages (true story) these folks needed their nerves calmed first.

Marty and I made the drive to South Gilbert and checked things out. Yep. There in front was two moving trucks. The garage was open and it looked like a minor disaster--however, nothing was packed. They may be moving, but given the level of disorganization I saw from casing the house twice, it would be a while.

Everything my clients could do if they were here they could do from over there. They just need boots on the ground. In this case, yes, I can view the home (once vacant) and get them in touch with the random folks who will make the place either rent-ready or sell-ready. They can order the water, power, and the pool guy to from afar. I mean, if they want to spend $500 on last minute plane fare they can do that too. But, why? Besides, as of this time, nobody knows if the tenants are moving out or just reorganizing.

"What if they take the hot water heater?" my client asked.

I've lived that. It sucks. But the true answer is THERE IS ABSOLUTELY NOTHING YOU CAN DO IF THEY TAKE THE HOT WATER HEATER UNTIL AFTER THEY TAKE IT.

"What if they trash the place?"

Lived that too. It is cleanable. And fixable. But yea, not fun.

All these emotions and several more came up yesterday. It put me in a foul mood as I relived this nightmare all over again.

However, as much as I would rather have been cutting my story back, I totally understood how these clients felt. There is a level of helplessness that comes with managing property under these circumstances. I lived it and it is horrible. And I am sorry these folks lived it too. Hopefully their tenants leave and take all their baggage with them.