WHY WON'T MY CLIENT SELL HIS MOTHER'S HOUSE

By
Real Estate Sales Representative with Gallagher & Lindsey, Alameda, California
http://actvra.in/bsx


 

WHY WON'T MY CLIENT SELL HIS MOTHER'S HOUSE  A client whom I have spoken with about selling his mother's house for over a year told me recently he might be ready to start clearing the house soon.  The house had been in a trust and all the documents and and deed's needed to transfer the house from him as trustee to him as an individual had been signed and recorded last year.

 

 

I have been giving him updates during the time telling him about the current value of the house periodically.  During the time of her death to the present time the house has lost more than $100,000.00  in value.   

 

 

I had suggested that the house should go on the market in early March this year, because there would be less competition at that time.  My customer wasn't ready but thought that he might be ready to sell the house in June.

 

 

I just couldn't understand why he was taking so long.  He has been paying taxes, insurance and upkeep on the empty house.  He has been losing money but he doesn't care.  I wondered why he wouldn't sell?

 

 

Then I thought about my own situation.  My Mom passed away almost 2 years ago.  Her house had been empty for 4 or 5 years prior to her death.  The house is in a good neighborhood so my sister and I weren't worried about it.  At first, we thought that we would let one of our kids stay at the house, but they all had their own living arrangements. We briefly thought about selling the house.  Finally, we decided to fix it up and rent it. 

 

 

I think my sister and I are just reluctant to sell our family home because of what it represents.  We had lived in it since it was built and it represents our life with our Mom and Dad.  If we sold it, we would have to admit that they were truly gone.  A hard nut to swallow.  

 

 

After I realized why I was reluctant to sell our family home, I understood better why my client was moving so slowly.   I must tread carefully with him and let him know that I share his feelings.

 

 

 

 

 

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Topic:
Home Selling
Groups:
31 Days of May Challenge 2011
BananaTude
Do Not Worry ~ Today
POSITIVE ATTITUDE for the Weary Soul
The Art Of Marketing You
Tags:
alameda real estate
mothers home

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Rainmaker
312,685
Sandy Acevedo
RE/MAX Masters, Inland Empire Homes for Sale
951-290-8588

Hi Evelyn, Great post! My daughter and I did that once... knocked on her childhood home, my first home. The owners were great and it was fun!

May 27, 2011 02:08 PM
Rainmaker
335,335
Lloyd Binen
Silicon Valley R since 1976;408-565-8177
Certified Realty Services

You're welcome and I'm glad they were both good.

May 27, 2011 02:15 PM
Rainmaker
634,747
Evelyn Kennedy
Alameda, Real Estate, Alameda, CA
Gallagher & Lindsey, Alameda, California

Sandi:  Glad to hear that the owners of the home were welcoming.  Bet it was nice for you to hear about the neighborhood.  Happy Memorial Day.

 

Lloyd:  Thanks again.  If anyone in my family in San Jose is thinking about selling, I'll tell them about you.  Hope your Memorial Day is relaxing and fun.

May 27, 2011 03:15 PM
Rainmaker
1,277,441
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Evelyn, I have a listing that has been vacant for years as well, and the family finally put it on the market.    I believe it has been vacant for 4-5 years.    Just enough time for them to move on.

May 29, 2011 10:55 AM
Rainmaker
634,747
Evelyn Kennedy
Alameda, Real Estate, Alameda, CA
Gallagher & Lindsey, Alameda, California

Joan:

I do think that my client is ready now, but who knows. Thanks for your comment and have an enjoyable Memorial Day Holiday

May 29, 2011 11:07 AM
Anonymous
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Rainmaker
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Evelyn Kennedy

Alameda, Real Estate, Alameda, CA
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