Trust

Trust

  Trust is an interesting thing. It is free to give, but costly if lost. If it is broken, it may never be repaired and sometimes, trust is irreplaceable. A friend told our secret. A colleague got the promotion by taking credit for our hard work. A contractor stole from us. A parent didn’t do what they said they would do. Words. An action. We’ve all had our trust betrayed somehow. It is disappointing. It hurts. What do you do when that trust is broken in a real estate transaction? Let’s take a look. You own a house that had some storm damage on the roof. You were able to get your insurance to pay out on a claim. You weren’t having any major leaks so you did a quick fox and used the rest of the money for some other improvements you’ve been wanting to make. Fast forward a year. You are selling the house. You’ve disclosed a few things you knew might come up but your house is in pretty good shape, overall, and it’s a hot market so it should sell fast. You receive two full price offers right away. Well that was easy! You decide on the one that had the best terms and moved forward. As suspected, a few things came up on inspection but no big deal. There was a question about some shingles on the roof but the inspector said it looked like there had been a repair and there were no active leaks. Then you get a call from your agent. He asks some more detailed questions about the roof and you start to get nervous. Apparently the Buyer was shopping for insurance for their “new home” and the agent pulled a CLUE report on your house. “A what?,” you think. It stands for Comprehensive Loss Underwriting Exchange. In layman’s terms, it’s a record of insurance losses. Remember that claim you filed? Remember that money you received? There’s a record of it. So, the Buyer knows you were paid for an entire new roof to the tune of $6500.00. That money is long gone and the old roof is still there. The buyer demands a new roof. You can’t deliver. You lose the buyer. Well, that’s OK, just go back to the other buyer, right? Not so fast. Now there is a disclosure issue. You have to (or should) tell that other buyer the situation. If you don’t, your agent should. They will probably want a new roof too, or a reduction in the sales price, or they may not trust you now and wonder what else you aren’t telling them. When you do something to lose trust, you could it...

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5 Questions to Ask When Hiring a Realtor

5 Questions to Ask When Hiring a Realtor

  WHO Who are you affiliated with? The company doesn’t necessarily make a difference but, are they on a team? Who is their Broker? Who can they call on if they need help or have questions during your transaction? If they are part of a team, it typically means you will always have someone to contact if you have questions or want to see a property. Not many individual Realtors have seen everything in the real estate world so it is always good to have resources to pull from.   WHAT What is your process for helping me purchase or sell a property? Do they have a written outline or flow chart of what to expect? If not, they may not be organized enough to have taken the time to prepare or they may be flying by the seat of their pants, so to speak. Make sure they know the process well. There are a lot of moving parts and details that can easily be missed if there aren’t checks and balances. You don’t want to be responsible for making sure the “I’s” are dotted and the “t’s” are crossed.   WHEN When can I expect to hear from you? Don’t expect to communicate with your Realtor every day unless there are things that need to be discussed, however, it is a good idea to understand when and how often is reasonable to expect updates. This is a good time to give them your expectations of how and how often you’d like to receive updates as well. Realtors aren’t mind readers so make sure you make your needs clear so you are not frustrated or disappointed.   WHY Why should I use you? What sets them apart? Do they specialize in what you are selling or looking for? Do they have extensive experience with your demographic? You may be looking for someone who has a lot of time to devote to you personally or you may prefer someone who has a lot of business and, therefore, may not be as personally, immediately available. Make sure their qualifications meet your expectations prior to hiring them, otherwise you may be underwhelmed with the service you receive.   HOW How will you market my needs? Whether you are buying or selling, your Realtor should be letting others know what you have to sell or what you want to buy. There are not only a plethora of public places to market, but Realtors have access to private groups and networking opportunities to make your needs/wants known to professionals that may have the means to meet that exact need.   As in any other business relationship, you need to feel comfortable that they can...

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Tomorrow

Tomorrow

  We all have obligations. Jobs. Bosses. Friends. Family. Bills. Dishes. A lot of those, we can’t ignore easily without consequence. If we don’t pay our bills, we don’t have water. If we don’t go to work, we don’t get paid. But what about those things that we can forget about for a minute? We are not promised tomorrow, and, while we need to make sure we are taking care of business and ourselves, there are some things that maybe we need to open our eyes to a bit more today. Self: So many of us fail to take care of ourselves. We have so many others that need cared for, that we don’t take time for our own self-preservation. If you have ever flown on a commercial airline, you have heard that, in an event of loss of cabin pressure, oxygen masks will fall from a compartment above. If you are traveling with someone who needs assistance, you are to secure your mask first and then help your companion. Why is that? Because if you don’t take care of yourself first, you will be passed out and you won’t be able to help the other person. This goes for your everyday life as well. If you are not well (mentally, emotionally or physically) you can’t do your best in any aspect of your life. Your work and your relationships will suffer and you will begin to feel drained and unhappy. Family/Friends: Often times, we can let work obligations get in the way of our most important relationships. Our family and friends sometimes get the leftovers of our energy. We take the stress, exhaustion, disappointment, and unhappiness out on the ones closest to us. If they are truly important to us, those relationships deserve the best of what we have. Make sure to spend quality time and let them know what they mean to you. It doesn’t take much time to send a text during the day just to say you’re thinking about them. Be sure to put them on your calendar just like a work appointment. Your niece’s piano recital is just as important to her as your top client’s emergency. It’s your choice to make priorities and not let the “unimportant” take their place. Animals: Our pets are possibly the only living being that loves us unconditionally and is always happy to see us. How have we shown our appreciation? Spend time with your pets and do something special for them. Buy them a new toy or a special treat. Just sitting on the couch with them can restore your soul and make you both very happy. Nature: The Universe has a way of showing her beauty...

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