What! The Seller Did Not Get His Estimated Net Proceeds Disclosed? Here we Go! Cleaning Up Another Mess!

By
Real Estate Agent with International Properties and Investments LLC

I just could not believe this! I mean, let me tell you if you are not taking your duties to be a good agent seriously then please find another business to get into! 

We received a call on one of our expired packages. We decided we needed to see this property before we list it because this was a house that should have sold even in our slow market. Meeting with this couple was such a delight, they are wonderful people and we got along very well. The house was absolutely perfect. I am so glad we decided to tour this home prior to listing it. It has so many features that a buyer would desire.

The sellers had their home listed for six months with a local agent. She did not give them a net sheet when she took the listing! I can not believe that! The sellers did not know what their bottom line was going to be and the agent did not educate them as to who pays what and what is customary in our area. The agent did not mention any of the features this house has that bring it more value. She took one photo that looked like crap. This home is so beautiful as soon as I saw the house my mind started churning about what angles would be in our Real Estate Show and what I can do with showcasing this listing on our blog! The agent told these people who are in their late 60's that she would come back to take new photos and never did! When their listing expired with her, she just put their HOUSE KEY in their MAILBOX!  Yep, you read it right! Well, does she know this is illegal? What about security? You just leave keys in someone's mailbox for anyone to take and welcome themselves in your home? I was so embarrassed for my profession right then. This agent did not do these sellers justice.

Well, here we come to save the day and sell this spectacular home! So stay tuned to view another beautiful and priced right listing I am getting ready to showcase!

Copyright © 2007 By Katerina Gasset, All Rights Reserved

The material herein may not be copied, reproduced, distributed, transmitted, displayed or published. All rights reserved. Plagiarism will be detected and is punishable by law. Expired Packages, Results with Expireds.

Contact Nestor and Katerina Gasset for all your Wellington Florida Real Estate Needs at 561-753-0135.

 

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Ambassador
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
Realtors, Wellington Florida Homes For Sale

Gurjit Khosa - Realtor(R) & Loan Officer

Yes, and here is the door, do they need any help out? I will gladly give it! They make our business look bad. Well, the good thing is we can show them how the listing should be attended to. Thank you for your comment. Katerina

September 04, 2007 12:33 AM #61
Ambassador
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Nestor & Katerina Gasset
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Realtors, Wellington Florida Homes For Sale

Gary White, Associate Broker ~ Real Estate, Grand Rapids, West Michigan

Gary- Thank you for leaving a comment. I appreciate comments. Yes, the clients are very impressed and pleased thus far, taking photos on Thursday, check back over the weekend to see this beautiful home I will post about. Katerina

September 04, 2007 12:35 AM #62
Rainer
99,219
Ashley Drake Gephart
Drake Intel Group - Albuquerque, NM

How crazy is that? If you don't do a net-out and the seller turns out to be upside down they may not even be able to sell it when you get an offer. Good for you and Nestor for being a true professional.

September 04, 2007 12:44 AM #63
Rainmaker
652,546
Bob & Carolin Benjamin
Benjamin Realty LLC - Gold Canyon, AZ
East Phoenix Arizona Homes
Am sure you will be doing an excellent job for this seller who has been treated poorly prior it does sound like.
September 04, 2007 01:51 AM #64
Ambassador
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
Realtors, Wellington Florida Homes For Sale

Albuquerque Real Estate | Ashley Drake Gephart

And how would you like going to the closing table and finding out you OWE money! That is very likely in this market we are in here. Thanks for you support. Katerina 

September 04, 2007 08:16 AM #65
Ambassador
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Nestor & Katerina Gasset
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Bob & Carolin Benjamin - E Phoenix Valley Real Estate

Bob and Carolin- Thank you for stopping by and leaving a comment. We will do a great job marketing this beautiful home. Katerina 

September 04, 2007 08:18 AM #66
Rainer
18,435
Michele Van Detti
CJR - Gilbert, AZ
I had a similar experience when I was on the buyer's side of the transaction.  We made a fair first offer, and the seller's agent came back and said that they couldn't take it.  The reason?  Even at LIST PRICE, the sellers couldn't afford to sell this home.  Why?  They had a prepayment penalty nobody knew about.  Now, this home had been vacant for at least 6 months, and had been on the market with 2 different listing agents.  Nobody bothered to check for a prepayment penalty in all this time. Sad.
September 04, 2007 12:11 PM #67
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Michele Van Detti

Michele- This is a good question to ask the sellers when taking a listing. Sometimes they do not know and sometimes even the sellers withhold information such as a second note. Here in Florida title is not run until an offer is accepted. I build trust with the seller and they will begin to disclose. I have had listings where they say their payments are current and you find out later that they are in pre foreclosure. That is sad that this happened and that agents are not serious enough about their businesses. Katerina 

September 04, 2007 12:56 PM #68
Rainer
30,230
Toby Boyce
Howard Hanna RealCom Realty - Delaware, OH
MBA, Delaware Ohio

Katerina - Another great example of how you will swoop in and save the day for these clients. I smile every time that a seller says "I hate REALTORS" and ask their story. Too often it is a story like yours. I smile because I know that as bitter as they are, my hard-work and determination will not go unnoticed by these sellers. Keep up the great work! - Toby

September 04, 2007 12:59 PM #69
Ambassador
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Realtors, Wellington Florida Homes For Sale

Toby Boyce, MBA

Toby- You are so right! Isn't it a great feeling when you can turn someone's thinking around by good deeds and actions? Thank you for your comment. I enjoy seeing you around. Katerina 

September 04, 2007 01:04 PM #70
Ambassador
275,847
David M. Childress
Howard Hanna Real Estate Services - Akron, OH
I would love to be your Realtor® in Akron Ohio!

First, Katerina, thank you for missing me! That means a lot to me, really! That people like you care, means a ton!

I have been really busy with my "business" which is a really good thing, right? Sold 5 this month and really made some good people very happy! Which made me very happy.

I check you out all the time, but do not always comment, sorry!

David

 

 

September 04, 2007 01:37 PM #71
Rainer
58,052
Virginia Halter
RE/MAX Signature Properties - Harrisburg, NC
ABR, CDPE, CRS, GREEN, SFR, SRES

Wow.  She left the keys in the mailbox.  And didn't tell them how much it wouldcost them to sell.  I guess that means that she also didn't know what they owed and what they were working with. 

That is SAD.  It gives Realtors a bad name.  It isn't right!!! It is refreshing to see that they found an agent who will help them, not just list them.

September 04, 2007 03:00 PM #72
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Nestor & Katerina Gasset
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David M. Childress, Akron Ohio Homes for Sale.

WoW! You sold 5 houses this month? That is awesome! Way to go! HOORAY!!!

And you made people happy? WOW! That is the name of the game! I love it when you comment, just hi is great too! Katerina 

September 04, 2007 05:13 PM #73
Ambassador
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International Properties and Investments LLC - Wellington, FL
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Virginia Halter Broker, ABR, CRS

Virginia- SAD is the word! No, she never asked them what they owed. She said it did not matter. Well, it does not matter to the market what you owe but it does matter to know what you are working with and what is the best way to help your client! And she boohood every detail they tried to point out to her that they believed was a value. I will show you pictures this weekend of the house on my post so stay tuned. You will see that these things do add value! Thank you for your comment! Katerina 

September 04, 2007 05:16 PM #74
Rainer
12,384
Pat Hommel
Annapolis Plaza CB Residential and Commercial - Annapolis, MD
Annapolis, AA Co., Md. Real Estate Sales
Nestor and Katerina,  Good post.  Those sellers are lucky to have you.  Hard to believe that an agent would be so negligent on many levels - leaving keys in the mailbox - illegal, rude, unprofessional.  Was she a character in "Desperate Housewives"?
September 05, 2007 08:59 PM #75
Ambassador
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Nestor & Katerina Gasset
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Pat Hommel Annapolis, AA Co., Md. Real Estate Sales

LOL! Maybe so! Or maybe she just dreamed she was! Hopefully she is on her way out the door as this market is great for weeding these types out. Thank you for reading my blog. If you like my posts, please consider subscribing to my blog. Thanks! Katerina 

September 05, 2007 10:26 PM #76
Rainer
78,048
Vicky Poe
Good Ole Rocky Top - Crossville, TN
Realtor/ Auctioneer
That is one I have not heard, put the keys in the mailbox.  I suspect that agents referral list is short.
September 08, 2007 10:52 PM #77
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Vicky Poe, Realtor/Apprentice Auctioneer

Vicky- I doubt she gets referrals! She does not even care about security or liability? Katerina 

September 09, 2007 03:42 PM #78
Rainer
7,024
Christy Harvey
Keller Williams First Coast Realty - Orange Park, FL

I had a customer that was expired and she had 4 agents before me. None of the 4 other agents gave her a net sheet. She thought that my commission INCLUDED all the closing costs. Um..."no, ma'am." She got mad at ME for what the OTHER agents did wrong! I'm pretty new in the business. I couldn't believe it! That net sheet is a "what to expect when expecting" for Real Estate.

September 13, 2007 10:04 PM #79
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Christy Harvey

It is pure laziness and irresponsible. I can not believe that many agents just do not care! Thank you for telling your story here. Thank you for commenting. Katerina 

September 13, 2007 10:56 PM #80
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