How many pendings....

By
Real Estate Agent with John L. Scott

Have you had at one time in your best year in real estate? And even more importantly, how many of them actually closed and what did you have to do to keep your sanity during all of this?

I was fortunate enough to have 14 residential homes pending and waiting to close. It was so hard keeping them all straight and yet nothing major happened to jeopardize any of them from closing. I was going over the new figures each time another offer was accepted and turned to pendings. I was always told not to count commissions until they were in hand, but this time it all worked out over a period of about 60-90 days.

So how many did everyone have on the hook at once during the hottest market you've ever been in? Did you find it hard to juggle so much at once and not lose good service?

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Ambassador
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Jim Crawford
Jim Crawford Atlanta Realtor - Atlanta Real Estate
RE/MAX Paramount Properties

First of all we work as a husband and wife team so I always had the best possible support.  Over the years we never had too many deals fall out. Our peak year we closed 50 sides, but I think the most we ever had going to close at one time was about 9 and was spread over 6 weeks.  You are right, never count any commissions until it is over...then rush to the bank.

September 16, 2009 09:18 AM
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Rainer
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Jason Provencio

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