When Realtors should retire...................

When you are more of the problem than the solution!

This is what I wanted to rant about last week and now that my customers are in and cannot be tossed...........here goes.

So, had what I thought was a simple deal, little rental with a great customer. They had the dough and get this they were all ready approved by the Condo association (big plus)

When I made the first offer on the listing (BTW; been on the market like....forever) I figured that the agent would be ecstatic....HA was I freaking wrong; they went "Rosemary's baby" on me, in short Psycho!

This is how the transaction rolled and PLEASE NOTE that it was all done via email.....(no initials, just good faith).
Our offer,
Their counter,
Our counteroffer,
Their acceptance.......all good to here and then the fun began.

Paperwork, apparently Psycho Realtor has some disorder (or has been busted by FREC) B/C until all the I's, T's, P,s and any other hoop they could make me jump through; they felt that we did not have a contract.

Now it is important to note that we Realtors write an offer to lease that outlines the details of a transaction and then when we have that, we write a lease that supersedes offer.

So in this case we already had the Lease ready, did not need the offer to lease, just execute the freaking lease and get them in!

BUT NO, and I'll quote "UNTIL WE HAVE A CORRECT OFFER TO LEASE WE DO NOT HAVE A DEAL" No just sign the freaking lease and we're all good and you (psycho realtor) are interfering with my happy hour...4 days straight by my count.

Well after 5 days of obsessing over the offer to lease; where I was told that the tenants had to execute first?????? huh, in what country? If I make an offer that you do not like, you make the change and initial then we accept or change and it goes back to the other side...pretty basic stuff here.

Some of these heart stopping changes were but not limited to; useless dates, missed initial, useless dates again and my all time favorite.......useless date.

The useless date was the lease start date, my folks were willing to start lease a day early and move in the next day (walk thru, keys, etc...) BUT you guessed it NO, the lease MUST start on the move in date....ah no, lease can start when ever.

Which brings me to this part, you might say "Jav, they have a point..technically they need all of these things executed" but I forgot to mention that they also wanted me to execute documents that are no longer used, did not want to do a walkthru, B/C and I quote again "we manage many properties and we never do walk thru for our clients"

Big mistake.......after that little quote, their client requested a walk thru and the place was a mess. Client was wonderful and took care of every thing and my customers move in you guessed it....one day after the lease started...THE HORROR!

The moral of the story; when you see this:

Property on the market forever.
Agents makes you jump through useless hoops.
Agents make their commission a priority
Agents interfere with happy hour.
Then it's time to hang it up.or go back to kindergarten and study the "Golden Rule"
"Do on to others as you would like done to you"

Don't pay your mortgage.........

Truth is this topic is not what I want to rant about; I have something else on my mind and will go psycho as soon as the deal happens and I won't screw it up for my customers.

So, we all got a little help from the FEDS yesterday in a 75 billion dollar foreclosure bill.

Now while most of us (and by most I mean, 93% of us) will see no benefits from this package, it will assist some homeowners who have seen their values drop and are upside down on their mortgages.

BTW; if these greedy lenders would have done this 3 years ago, we would not be in this situation.
We on the forefront of this mess (street level) were advocating doing recalculations/modifications of adjustable notes back then.

In short we saw it coming but know one wanted to do anything, everyone just want the dough to keep flowing.

As to why this bill only affects 7% of us, is that 93% are not in trouble and a large portion of us don't even have a mortgage.

listen to the street, it's not as bad as they are telling you and tomorrows blog will be a lot more fun.............

It's 3:45, do you where your open house is?

Festivals galore in the magic city and while all of my friends.....er FRIEND, enjoy all the wonderful art, food and scenery that Miami has to offer I'm sitting at an open house contemplating the state of Real Estate......not really, just counting down the time till happy hour.

The State of Real Estate, lots of good things are happening out there.............Must be a Buyers market!
Portability, lower assess value, low interest rates, prices adjusting and now a little "pork" from our stimulus package.


That's right, for you ponying up a kallizion dollars to save the banking industry they are giving you a whopping 8,000 tax credit and they kept the 250,000/500,000 capital gains tax benefit, which is one the reason we're in this mess.

This package is not the answer, even though it did saved some mice from California (nice job Nancy), it's a start.

The Prez next step is to look at the foreclosure issue which they are doing this week.
Some lenders in anticipation of new legislation have halted Short Sales/Foreclosure proceedings through March.

We are seeing more action on the street, which goes against the conventional wisdom that the market is still tanking....it kinda of reminds me of 04'-05' when folks were buying just because, now folks are coming in because everything said it's a Buyers market......

The more things change the more they stay the same.

IT'S BACK..................

OK, after several weeks of wondering where the hell has my Blog been; on South Beach? Guantanamo? hanging with it's homies?

It just showed up out of the blue (Internet) with dirty laundry, smelling of cheap booze and bloodshot eyes.......and a new web site.

Isn't that just the case, they disappear and then come back and you don't even recognize them.

They offer all sorts of excuses, then try and bribe you with shiny things that cost a lot of dough but you know deep down inside they are the same wonderful site you fell in love with.

So, now you can get my daily rants at http://www.javsblog.com/ and some other useless information that I really don't care about.....but makes for really pretty graphics.

http://www.mymagiccity.com/ will also be getting a face lift (this is Miami) and will be "refreshed" after a couple of weeks. I actually have a funny story about this but cannot print it.

So, sit back, relax and stay tuned.

Oh and did I mention, It's never a Buyers Market?

where is my blog?