Hurry up and wait … Hurry up and wait … Hurry up and wait …

By
Real Estate Agent with Better Homes and Gardens Real Estate Metro Brokers
http://actvra.in/jWr

Hurry up and wait … Hurry up and wait … Hurry up and wait …It seems that lately every real estate transaction is taking a lot longer to close. And as the period between binding and closing lengthens, so does the demand for additional documentation and intervention in the process.

The mantra “we need this done ASAP” is repeated ad nauseam, and after a mad dash to complete the task at hand the sense of urgency disappears until another hoop is elevated in anticipation of the next leap!

And so the cycle of performance and frustration continues until either a successful close or one or more parties gives up in disgust.

I now understand why so many real estate agents are attracted to all of the new casinos popping up all over the land:

The odds of coming out ahead are so much better!

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Topic:
ActiveRain Community
Groups:
Club Chaos
Dedicated Bloggers
Realtors®
The Lounge at Active Rain
"Whacked"!!!
Tags:
frustration
patience

Comments 21 New Comment

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Ambassador
1,620,786
Richard Weisser
Richard Weisser Coweta Newnan Homes for Sale
Better Homes and Gardens Real Estate Metro Brokers

Rich...

Hanging by a thread is right ... it makes your stomach hurt! .

Paula...

They really seem insignificant, don't they? Thanks so much.

Tatyana...

That doesn't sound like a bad idea! Thanks.

Kristin...

I sure hope that you are right. Thanks for jumping in!

Bill...

You got that right! THX

September 21, 2011 11:01 AM
Ambassador
777,307
John McCormack
AlbuquerqueHomes.com
Albuquerque Homes Realty * www.AlbuquerqueHomes.com

Hi Richard -

I can so relate... so we all hurry up and wait.

Make it a great day in all you do even if it's waiting.

Regards from the Q

September 21, 2011 11:22 AM
Rainmaker
233,968
John M. Scott
Broker / Owner San Francisco Real Estate
BRE # 01442690, Scott Keys Properties

Richard, so right. Lenders always wan tone more thing. Short sales always want something updated... And so the story goes.

September 21, 2011 01:36 PM
Rainmaker
342,029
Rodney Mason
FHA 203K, USDA, VA, HomePath Renovation Specialist
Prospect Mortgage

Documentation standards are definitely much tighter today given the turmoil of the last few years.  With any piece of documentation provided, it can raise a new question that then must be answered.  Buyers often unintentionally make it more difficult on themselves by making large deposits into their accounts that then have to be explained, transferring money between accounts, opening new trade lines, etc.

September 21, 2011 08:28 PM
Rainer
121,194
Melissa Stahl
Realtor, Exit Realty Capital Area
Central PA Realtor

Richard,

I had a serious flashback when I read your title....being retired military it hit home....but maybe that's why I'm so drawn to this business....I'm already geared for that mindset. :-)

September 21, 2011 10:20 PM
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Richard Weisser Coweta Newnan Homes for Sale
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Additional Information

Author Bio: Richard Weisser is a Georgia real estate broker, licensed auctioneer, and has been writing about Georgia Real Estate since 1999.

Coweta Fayette Real Estate offers opinions and helpful information to consumers and real estate professionals in the Coweta County Georgia area.

Coweta Fayette Real Estate allows you to search the entire Georgia MLS for free with NO registration required!

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