Ralph Sells The City: The Adventures of a Non-ExtraTerrestrial Realtor
Showed a home in a very nice area of Toluca Lake yesterday. The space works for my client, and the location. But it needs a lot of updating. The listing agent told me that there is one offer already on the property, and that they have to respond to it by this evening, so if we're going to write on it we'll need to submit by that evening.
Ran comps and talked it over with my client. The property appears to be overpriced. And it's been on for about 5 months. I pulled up title information and based on what the outstanding first lien amount is from what appears to be a re-fi done last year, we don't see how it can be a standard sale from where the comps are at and also where my client would need to come in based on how much money he'll have to put into the home to bring it up to date.
So we're going to pass and move on towards the Emerald City.
Then I finally got word on one of my BofA short sales that they have received (or at least acknowledged) my full package.
I inititiated the short sale on Equator and it basically sat there without any tasks generated for 2 weeks while I continually emailed asking why no tasks are being generated. Hello?! Is this thing on?!
And then when I finally got acknowledgment the negotiator tells me I have 48 hours to upload 13 revised documents or the short sale will be declined.
What are your thoughts: Would I end up losing my license if I found this person, shoved a rat in their mouth and sewed their lips shut? And if so, would the benefits truly outweigh the advantages? Flip a coin?
On the gluten-free side, I have a client whom I just sold her condo, and we're going house hunting to buy her first single family home. She's probably one of the best clients I've met and I love working with her. I told her that I'm afraid that I'm going to have to start sending her my dry cleaning bill, though, because she keeps me laughing so much that I practially pee my pants. (too much information?)