I just fired my Short Sale Client!

What????  Yes, first time in 5 years of doing loads of Short Sales with different Lenders, different types of Sellers, various emotional situations..pretty much everything I thought....

 

Retired Broker who was not representing herself, but did insist on showing her property herself.  Yikes..alarm bells should've gone off.  But..she was referred by a friend, and really, how bad could it be???  Primary residence, condo, well kept, only one loan with Chase.  Slam dunk, right???

 

Buyer #1 withdrew their offer after the BPO came in too high.  Not surprising.  Seller was pretty good about getting me financials and did qualify for hardship.  On to the next Buyer.  Here begins the problem.  No offers come in, I keep reducing, and I also keep getting e-mails stating that the Buyer did not want to deal with the Seller!  Not once, but several times.  I keep pleading.."please let me show it.  I think it might be too close to your heart."  No!

 

Monday another Realtor showed it with his client.  Realtor calls and says he loves it and is writing an offer.  Then it all went down hill.  What happened?  I'm not sure.  But again, I receive a call saying, "Buyer doesn't want to deal with your Seller." 

 

 I had tried to fire myself twice before, but got talked into staying as List Agent.  We're at about 8 months with a List Price of $125,000 and this time, I stuck to my guns.  Listing is cancelled. 

 

I had to throw in the towel, admit that I was just spinning my wheels.  I know it was the right thing to do, but I still feel like a schmuck-a quitter I am not!  Good luck to the next Agent...

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  • cant get em all and you dont want to work with all of them either.  Go get another one!

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