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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Rainmaker
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Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley R since 1976;408-565-8177

Hi Evelyn,

I got your message about the inspections of your mom's house. I hope it went o.k.

After growing up in a home it becomes part of us.  I've had several sign calls over the years from adults who told me my listing was the house that they grew up in long ago, and would I  mind showing it to them.  There's a connection between the house and its inhabitants especially with children growing up in that house.

May 26, 2011 08:25 PM #1
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1,496,304
Anna Banana Kruchten
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Evelyn lots of memories floating around in his Mom's house - as you well know.  Been there done that as well. Not an easy time.  And like Lloyd said sometimes adult kids stop over and want to see the house they grew up in. It's always fun to hear their stories and share their memories.

May 26, 2011 09:46 PM #2
Rainmaker
729,369
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Evelyn, sometimes it is difficult to let go the sweet memories.

May 26, 2011 11:00 PM #3
Rainmaker
671,163
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Lloyd:  That is so true.  I don't know why I didn't recognize what my sister and I were feeling.   Thank you again for your help with the roofer and prop. inspectors.  They were both very good.

 

Anna:  One person stopped by an open house I was holding who told me he had grown up in the house.  He said it had changed a lots since his family moved away.  It was nice hearing some of his stories about the house.  I am glad he had a chance to see it again.

 

Kwee:  Lots of memories in one's family home.  And even though my sister and I have lived in our respective homes for longer than we lived at our old house, I still refer to it as home. 

May 26, 2011 11:29 PM #4
Rainmaker
238,721
Peggy Hughes
PHA/Peggy Hughes Associates - Professional Moving Organizer - San Francisco, CA
SF NYC LA

Evelyn... I moved around quite a bit as a kid, but there was one house I lived in from the time I was 10 until I moved out at 18.  Every time I visit my sister, who lives less than a mile from this house, we drive by and I'm always tempted to get out and ring the bell!

May 26, 2011 11:53 PM #5
Rainmaker
671,163
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

Peggy:  Go ahead and knock on the door.  The people who live there now might appreciate hearing about the house and neighborhood when you lived there. 

May 27, 2011 01:34 AM #6
Rainmaker
313,960
Sandy Acevedo
951-290-8588 - Chino Hills, CA
RE/MAX Masters, Inland Empire Homes for Sale

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 #7
Rainmaker
341,957
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley R since 1976;408-565-8177

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

May 27, 2011 02:15 PM #8
Rainmaker
671,163
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

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 #9
Rainmaker
1,542,176
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

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 #10
Rainmaker
671,163
Evelyn Kennedy
Gallagher & Lindsey, Alameda, California - Alameda, CA
Alameda, Real Estate, Alameda, CA

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 #11
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Rainmaker
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Evelyn Kennedy

Alameda, Real Estate, Alameda, CA
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