Well it was a very interesting day. I was closing on a Detroit multi family home today. The closing was taking place in Northville. The seller and I got there about 5 minutes before the closing. Well the closing time came and no home buyer. We waited 10 minutes and then I called my home buyer. NO answer. I called again in five minutes. No answer. I called again no answer. Finally my investor called. It was like he wasn't worried about being there!
I just don't get it. Yesterday I sent him an email with all the necessary information.
- where the title company was located at
- when the closing was to take place
- title company phone number
- to bring his social security card and photo id
- how much the check was to be, and who to make it out to
- all the closing documents so the buyer could look over them
Then I called him and told him what he needed to know. I had called him on Monday to confirm the day and time of the closing. It's not like he didn't know when and where he was closing.
I simply told him that he would lose his earnest money deposit. I then told him the caretaker of the property was moving out today so the property would be empty. I also told him the seller was leaving for vacation tomorrow. (Which he was).
I think all of that sank in. That he was going to lose money and lose the home. He hadn't gone to the bank yet even. And he was over a half an hour a way.
He finally strolled in about an hour and twenty minutes late. He wanted to buy more properties but I won't be his Metro Detroit Real estate agent. If somebody doesn't understand or realize my time is valuable then I won't work with them. This guy had no regard for the title companies time, the seller's time, or my time. Sad...
I completely understand when the bank is jammed and it takes a while to get your check. I understand when buyers run into traffic. But I don't buy it when somebody doesn't take other peoples time seriously. But it is just a day in the life of a Metro Detroit real estate agent. At least this buyer showed up for the closing. I have heard stories from other agents where their buyers get cold feet and don't show up at all.
I guess I should be thankful for the buyer showing up. Other than sitting in a waiting room for a hour and a half today was great!
May your tomorrow have no surprises like this and may others respect your time this week.
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My Month of April quote:
"Sometimes the only way to get to the far shore is to lose sight of the shore you just left"
Russ Ravary
"helping make your move easier"
your local Metro Detroit Realtor helping clients like you sell and buy homes through out the entire Metro Detroit suburbs. I love showing and selling Oakland County and Livingston County Lake front homes too.
I can't believe someone would do that. Why go through all that trouble to show up late and cause trouble for everyone? I don't blame you for not wanting to work with this joker.
Russ - We occasionally see the same bad behavior. Closing is almost like an optional event. Give me the keys so I can move in... we will link up the paperwork later... Huh, I don't think so...
Russ...At least it did have a happy ending. I was so afraid before I finished reading that the buyer decided to wallk. Hope you have a better day tomorrow!
I'll bet you had some steam shooting-out of your ears, while twiddling your thumbs, just a-waitin' for your client to appear. You shoulda hit him upside the head, Russ!
I had to terminate a business relationship with a Realtor last year because she had no concern about anyone else's time -- not mine, not her Clients, not her co-workers. I made sure she knew exactly why I was burning that bridge, but even using plain English, she didn't.