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I am trying to sell our old house, bought new before selling, yes that was stupid.  Anyway, hired my friend as my real estate agent.  Never, Never, Never do business with a friend.  The house deal has become a disaster and we are not even speaking.  I just wish I had gone and hired a stranger instead.  Of course my hubby wants to make nice and keep the peace but I am to darned stubborn for that to happen.  I really hate that I might lose a good friend over a stupid house.  Anyway, if I keep her as a friend I will invite her to join this site, it is great!



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Member Comments

    • 0 votes vote up vote up

      Vikki Hall wrote Dec 19, 2008
    • Keep the friend but also tell her because you want to keep her as friend you are getting another agent. If she refuses to talk after that it’s on her.



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    • 0 votes vote up vote up

      Kat007 wrote Dec 19, 2008
    • Good idea, I hate the thought of losing the friendship but I also don’t like the direction the house sale is going.  I have a few thoughts about other realtors so I am thinking about that.



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    • 0 votes vote up vote up

      Vikki Hall wrote Dec 19, 2008
    • Good Luck!



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    • 0 votes vote up vote up

      Marie Hempsey wrote Dec 19, 2008
    • Hey Kat,
      I am an agent and have a friends home listed now and they are living somewhere else so are paying for both. Tough situation let me tell you, for both of us. I feel i have done all i can right now and i am thinking they are disappointed in me. I have 3 listings...none of them have sold, it is such a terribly crazy slow time, my hands are tied. I do not know the circumstances with your situation, but please take the economy and time of year into mind before you voice any anger you have with your “friend/agent”
      Thank you for listening and Best of Luck to you...I hope you sell soon!
      Friends,
      Ree



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    • 0 votes vote up vote up

      Kat007 wrote Dec 19, 2008
    • Thanks Ree,
      If it was just the slow time it wouldn’t be such a big deal but we listed the house as is and they had crazy numbers of people looking.  They finally brought this guy in that really liked it but wanted us to leave the tractor and fix everything that was wrong.  We priced it to sell as is but we compromised and agree to fix some more things... we had already put a lot of money into it.  Anyway, my realtors, since they are transaction brokers, decided they didn’t like his mortgage broker so they found him a different one.  The new one convinced him to wait until after the first of the year and to do an FHA loan (oh my goodness) on top of that when they brought the new contract over last night they had moved him back to his old mortgage broker and they are not sure if he will get a grant that will pay his down payment, if not we are again screwed!  Instead of a normal 30 day close we are now looking at 2 months and I am just totally frustrated!  I am about ready to just auction the darned thing off.



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    • 0 votes vote up vote up

      Darla5 wrote Dec 20, 2008
    • Kat,

      Ree is right . We talk about being agents on here.  

      This market is a hard market right now. My partner and I have alot of listing. I have done everything and some have not sold. IT will take a whack at my confidence at times. I do know though it is the market and not me. The market has never been like this before. Some of the listing are brand new and perfect and one of my listing is the best decorated and the house is  unbelievable. Everything looks like a picture in a magazine. It has not sold yet. Traffic and tons of advertising. One offer so far but the house is 434K and the offer was 370K with the highest bid being at 399k but my seller would not take it.

      The only thing I can tell you from reading your story is I try and stay out of the mortgage end of the business. I have seen so many deals mess up because an agent will try to control that end of the transaction. There are good and bad loan officers. I have three that I  know to be good. One is my favorite but he might not be my clients favorite. So, I give them three cards and say they are all good, call them and shop the rates and see who you are most comfortable with doing business. Did your realtor know this broker in the beginning or did the client choose him with no imput from the realtor?

      Hang in there. It is a frustration situation. The house will sell, it is just going to take longer in this market. The days on the market are so much longer and the offers are low ball offers. I have some offers over 100K off the listing price. It is insane...

      I know it does not help the frustration level but you are not alone. It seems like we all say the same thing no matter what market or state we are in right now.



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    • 0 votes vote up vote up

      Linni wrote Dec 20, 2008
    • i agess with the other gals on here.. be patient.. everything is slowed down terribly!

      i know things will work out!

      Linni



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