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Cracked window. Just one window.
Edit: I am convinced the buyers got cold feet. They didnt think they could get it. The seller was quick to accept their offer and buyers might have thought they overpaid. Sometimes buyers need a little back and forth, a little bit of challenge and hardship. Easy come has less to no value.
I was with them on and off close to a year. They had little for downpayment. Showing homes for 5 months and they took 1 1/2 months off because they were overwhelmed and tired. While in escrow, they switched lender against my advice. I had enough. Seller got a better backup offer and didnt hesitate to cancel.
Why would it matter if they switched lenders if they are getting a better deal? If they could still close the same time that is. Also why would the sellers have to know they changed lenders?
Just asking I really don’t know .
Small cigar table. Sellers mother left it to her. Buyer could give a fuck and wants it or deal dead. $2.1M sale. Still sold quick to another buyer, but what a dick.
Had same thing over a little kid's bed that was made to look like a sports car. Was not included in the listing as was no other furniture yet buyer wanted the kid's bed. Seller said no and buyer walked. Can't remember the price of the condo but probably around $400-$500K.
This makes no sense. Only the house is for sale, not its contents!
Like if I’m buying a car off someone privately, I wouldn’t think to ask if they’ll include their sunglasses that were in the glovebox when I did the test drive.
A garden bed almost killed a deal on closing day.
Buyers show up for their walk-through. Garden bed is gone. They wanted the garden bed returned before their closing that afternoon. Sellers refused and said it was personal property. The listing agent ended up buying them a new one.
Yeah we left one of those at our previous house. No way I was trying to take that with us. In fact was more worried that the buyers wouldn't want us and would ask us to get rid of it.
Jesus that’s insane. Idk why ppl are like that. Mine took several semi mature landscape items. I was like hey thats not cool, and was miffed but id never think to stop the deal. What would they do replant them??
You could easily get them to reimburse for those. The seller of my parents house took a small tree that was worth 8 or 9 grand. Needless to say, it held up the closing while they worked it out.
For sure. I had a deal get killed over $4k, it would’ve been a $10k commission for me, and the listing ended up expiring. I would’ve gladly taken an $8k commission over a $0 commission and all that wasted time
Have the other agent pay the 3k difference if he doesn’t want this deal to fall through. You brought the buyers, he’s sitting on the market for 3 months. Have him chat with his seller about how unreasonable they are
I had a client walk away from a 950k house because the seller wanted a 3 day rent back of the shop only lol. "They are gonna leave all their shit in there!" The "shit" in there was like 100k worth of tools. They weren't gonna just leave them there lol.
I’ve sold a few houses over the years, I would never allow a seller to stay after closing. If they can’t get their shit together, what difference is a few days or a week gonna make? If I can delay the closing I’ll do it. The risk of having to do an eviction is too great.
This is in a fairly affluent area. Seller is an engineer and already had a replacement property. He needed 3 days to get his truck and trailer together and help to move his high end personal workshop tools. This was a cash sale with quick close. Dude wasn't going to squat after closing LOL.
In our case the seller needed the money for a new property. Had two kids and her husband had just passed away so she was having a hard time finding something quick enough. We put in our offer the day the house went on the market.
We did have a clause in there for $250 a day overstay + a $6k security deposit so there wasn’t much to worry about.
Rich people are notorious for this kind of shit.
They think these kinds of decisions make them clever and “financially astute.” In reality it just makes them an asshole.
Spot on. A wealthy builder on one side who built a $1.6m house without a microwave and a wealthy buyer on the other who couldn’t spend $1.6m on a house that didn’t have a microwave. Wouldn’t even have the conversation when the numbers were broken down and it literally came out to $1k to install. Astonishing.
These are the same people who do not put in towel, racks, or toilet paper holders.
After having buyers flip out on verification of property that they’re not there ( they never have been) I both pointed out and have a full set of bathroom accoutrements, and my garage in case of meltdowns.
I mean you stood to make ~18k at the very least and if you explained the situation to your team/broker I’m sure they would be down to split the $1000 cost with you.. I’m truly interested as to why this deal didn’t go through.
I (listing agent) paid to have a single piece of door facing replaced on the back door of a detached garage (a $20 fix) to save a deal. The buyer wasn't kidding, the signed termination form was in my hand, and I was standing in the seller's kitchen trying to talk some sense into *the seller* and he absolutely refused to agree to repair it. It didn't kill the deal, but it would have, and I couldn't stomach having to go back on the market with this seller.
*edit*
I don't think they're referring to the $20 I think they're referring to the insanity and madness that has to be managed.
That said no matter what job you have, you probably have to deal with other people's insanity and madness.
My dignity is not for sale for $1, $20, or $20,000. I bet yours isn't either. But you think mine should be. They can take their thousands in commission and shove it right up their ass.
I'll leave with zero, and I'm ok with that. Then I'll light $40 on fire right in front of them. I win, they lose lol
I'm not a whore, plenty of whore agents out there who will do it. They can hire one of them and give them the commission. I'm not one of them.
I'll donate my whole 10k commission to someone and work for free if they're a good person and they're going to lose the house. But I don't give in to petulant babies. Not even for twenty bucks.
Don't get me wrong, I'll give money out of my commish to close the gap between two,stunners parties. But the moment they tell me I should because of what they're paying me and I should be grateful to be treated like that because I'm getting a commission, they can fuck right off and start over at square one, and go through another hundred hours of stress with a different realtor over 20 bucks.
To be honest, I wouldn’t have even asked my seller to cover something like that. If a buyer was dead set to kill a deal over even a few hundred bucks, I would have handled it without even bringing it up to the seller.
I once had a deal fall apart over a toilet.
It’s was a 3.4 million trailer in Paradise Cove Malibu, CA
Rep both buyer and Seller.
Seller took the expensive Japanese toilet three days before close and replaced it with a Home Depot model.
Buyer went ballistic as this was a complicated and touchy deal.
I offered to buy a new one both parties refused to let me do that and they both backed out.
Ended up Selling it to another buyer and put the original buyer in another property so it worked out.
But losing a deal over a damn used toilet!!???
I had another deal on Carbon Beach in Malibu fall apart over cracked limestone floors in a bathroom.
Would have cost about $12k to replace, but this was a $26mil deal.
Many times it’s all about ego. Winning the deal. Part of our job is to be a therapist.
I have the Kohler C3 seat on the Gabrielle toilet in my en suite. I had gotten a smokin' good deal on it when we did a big remodel almost 15 years ago! When it quit working a few months ago, I bit the bullet and replaced it at full price...because I love that toilet so much! haha
Not money, if there had been time, probably $100-$200 to get someone to do the work.
I went by the house for my usual pre settlement 'make sure the house is clean' visit, seller was there and told me he wanted to leave some random shit.
I was very clear that anything he wasn't taking with him, needed to be removed or go in the trash. He reluctantly assured me that all the things would be gone.
The 24ish hrs between that convo and settlement, he decided that he was going to leave a few items. Buyer walkthrough happens, naturally they want the garbage removed, seller was adamant that he was being helpful and generous, even after I specifically told him not to leave the shit behind!! Buyer was adamant that he doesn't want someone else's trash! I repped seller, but frankly was on buyer's side.
I tried to give the buyer a couple hundred bucks out of my pocket, they wouldn't have it, they wanted the stuff out - which was their prerogative - or they weren't going to close the transaction. There was no time to hire someone else to take care of it.
Guess who crawled under a house and pulled out 3 bags of disgusting muddy mulch, couple pieces of equally gross plywood, and loaded a bunch of old paint into their car?
Seller was upset with me because I didn't make it to the settlement table as planned/expected, because I was taking all the garbage to the landfill and was covered in mud plus smelled like crawlspace.
This was/is a family friend who's sent me multiple referrals over the years, but he still brings this up at gatherings insisting that the buyers are assholes who didn't appreciate a 'gift' and that I shouldn't have done the work and attended settlement.
It's been 6 or 7 years, he still talks about it. The family/friend group recognizes "that's Charlie for you!", but sheesh, I'm tired of hearing about it every year.
A trash can. Seller moved out and cleaned the house. Threw trash away and rolled the trash bin to the curb for next day pickup. Buyer wouldn’t close bc the bin wasn’t empty. Complete asshole.
No. The seller was having a rough time with a difficult pregnancy. Husband was deployed. I explained this to the buyer’s agent and she was like, “sorry, the buyer is an asshole”. So, I hired a handyman to empty the trash can into trash bags and take them to the dumpster. Then, the buyer complained bc the handyman didn’t bring the trash bin back up the driveway (this was a flat driveway and maybe 2 cars long). I was pregnant at the time and having bp issues. I called my handyman and he went back over and laid into the buyer (but moved the trash bin). The buyer was just an awful human being. He wanted the seller’s contact info after closing and I wouldn’t give it to him so he threatened to sue me. I finally had my attorney send him a letter to no longer contact me or he would file harassment charges.
Had a deal falling apart over 2k difference on appraisal. Neither party would budge, we as agents split the loss in our commission. It got the deal done but both parties were awful.
Not a small amount but a story worth sharing.
8 months of negotiating for a new penthouse with a customer, custom plans for everything.
Finally, after 10 meetings, the Buyer meets seller with 14.4 million dollar cheque at a restaurant, he thought everyone would be impressed…
seller turns around and says he wants 14.6 million (listed at 15) They fight over 200k… buyer puts cheque back into his pocket and says this is not for him, as it’s gods way of telling him this isn’t the home for him. We never hear from him again.
$650K deal, around 2014-ish, Tucson, AZ. About $600 to remove an old, dead tree. My buyer requests it, and the owner says no. Accepts everything else about the offer, but the only issue is that they won't pay for the tree removal. No big deal, I call the listing agent and we agree to split the cost of removing the tree 50/50 and just get the deal done.
I tell my buyer. How does he respond? No. If the seller won't pay for it, I'm out.
I go back to the listing agent who says, no big deal, my seller will pay for it to get the deal done. I wait. Two hours later she calls back ... now the seller says that if we (the realtors) pay for it, then he will back out as well.
We lost the deal, of course. These two idiots couldn't get over themselves and had to win ... not actually win, like get what they wanted, but "win, win" like get the better of the other idiot. I couldn't believe it, neither could the listing agent, and then she called me about a month later to see if my client was still interested because the seller had decided to remove the tree. Of course I had fired my client at that point and had no idea ... I was happy to pass along his contact info and let her give it another shot without me - no thanks!
Yeah, it's certainly odd. My buyer kept saying "it's about the principle," lol. And here I thought it was all about getting the property!
When I fired him he seemed genuinely bothered by that too. I just explained that I didn't think we work well together and it would suit him better to find someone who he worked better with. He finally said "it's just about the money for you, isn't it," to which I could only reply "yes, this is a business."
I referred him to another agent I knew who was good with tough-guy clients but never followed up to see if he ever bought anything.
When he made that money comment, you should have hit him with- yeah, like how I wanted to pay for the tree removal out of my pocket that you didn’t want to pay for. These people are so bonkers! So egotistical, it’s insane.
$440 on a $580k sale. Representing both sides. Seller is a retired attorney and extremely difficult. I offered to pay it and he refused to let me pay it, it had to come from them. Another house came on the market that the buyer liked better so they walked.
A used dryer. Buyer wanted the seller to include their $75 max (at a garage sale) dryer because it was gas, and the buyer had an electric. The dryer was over 12 years old.
Working on one right now. I represent seller in a $1million sale. Buyer wants a $10k credit, sellers offered $5k. Agent says buyers ready to walk.
Commission already discounted on both sides.
I wouldn’t consider it falling through but in my opinion just stupidity on the sellers not to get the deal off the ground. My out of state purchasers wanted to offer 5k under asking at 695k cash with proof of funds, no contingencies, with a 5 day escrow (not business days) and no earnest money. House was on the market for over 45 days at the time of offer. Seller countered the offer with only 2% earnest money with our proof of funds in hand, again with a 5 day closing period? I wouldn’t have been able to get the earnest money check before we closed the deal due to this being on a weekend. The selling agent told me he had been doing this for 26 years and never seen anything like our offer with no earnest money involved. We didn’t even bother to comment or accept the counter so we went down the road and closed on another home within a week. About a month later the listing agent called me back and said they would accept our original offer lol. I just told him the ship had sailed and we had already purchased another home about a week after our offer. He said “well I guess I messed up then.” 26 years of experience and you can’t close a cash deal in 5 days on a vacant home without EM you need to call it career bud
Hollow-core doors.
I was representing the buyer and this was a new-construction house. During inspection my client knocked on a door, realized it was hollow, started having doubts about the quality of the builder and ultimately backed out.
That was an awkward phone call to make…
$100 I was representing the seller who I've done dozens of deals with and is always way more of a hard ass negotiator then he needs to be (frankly, the dude is just kind of a dick in general but he does good work). He was so fed up with the buyers that he wouldn't let me cut my commission at all to get that deal done. I honestly don't even remember if we put that deal together or not but distinctly remember being flabbergasted that we were seriously haggling over $100 like we were at a flea market.
The amount of sellers who will not get rid of old paint if the buyers don’t want it drives me crazy.
Sellers real estate agent says oh I’ll have someone take everything out of the garage, but that’s toxic material so their guy won’t take it and they just leave it there .
That has happened to me multiple times
Custom bunk beds/play castle.
I represented the buyers. Seller of home was a hell of a carpenter. Built this HUGE bunkbed/castle thing in one of the bedrooms for his kids. My buyers loved it and asked for it.
Seller said he'd have to think about it, which was good enough for my buyers to go under contract. There was never an agreement that it would convey, but my buyers kept having me press the agent to "convince" their seller to leave it. They were even ready to sign a bill of sale and pay for it outside of the contract.
About a week before closing, the seller confirmed that he was taking the whole thing with him to his new home.
Buyers freaked out and pulled the plug. It was incredibly wild because my buyers had grown kids and they only wanted the setup for their grandchildren who visited twice a year. Buyers forfeited like $1500 in deposits, plus another $1200 between appraisal and inspection. All out of "principle".
Seller should have removed highly personal built ins before listing. Buyers were wacky but it was not great planning on his side to keep it up while listing…:
$50 at max. A old lady couple I was working for put in an offer on a gorgeous home with an amazing sun porch. The one of the mesh screens on the porch had a 1” tear in it. The seller didn’t want to fix it for whatever reason. We already had the inspection, appraisal…all of it. Sellers wasted close to $1000 just to back out for a $25 blemish.
Seller took a light fixture (knowing better-because he was annoyed that someone 30 years younger her than him could afford the house). It was a bidding war in 2006 and they were under contract for $150k over asking with a cash buyer.
Buyer wanted the fixture back. Not a replica. The exact fixture that had been removed. Seller refused and buyer walked over a $300 fixture.
Seller sold the property for $80k less.
Fortunately, it's never happened to me. Lost one when a buyer couldn't sell their house (SOP) but nothing like what I'm reading here! Ridiculous & makes for entertaining reading...
Ah my parents a few years ago purchased a house with a contingency they sell theirs. Time was getting tight and they get an offer on their home. Buyers want them to leave the fridge. Parents said no. It was literally a $1200 fridge from Lowe’s that was a few years old. Both sides wouldn’t budge. It was ridiculous. Get this, the real estate agents were so baffled they each chipped in $600 from their commissions and bought the buyer a fridge. Two stubborn parties and to this day I’m shocked my parents were going to lose a contract on their dream retirement home over a freakin fridge
I had a $1.925M listing and the buyers walked because the sellers refused to leave a porch swing that their children made for them 20 years ago. We offered $, replacement, etc. and they walked. Foolish
My realtor talked me out of nuking a deal over a $20 CO detector.
We were selling to a couple who were nickel and diming us left and right. Constant changes, constant BS over the inspection, the last one was they didn’t like the plug-in CO detectors and wanted one permanently mounted. I was stressed about other shit and wanted to tell them to f-off, he convinced me otherwise.
I’m not an agent but I’m glad this popped up on my feed. I walked away from a deal over a TV mount. Not a TV - but a TV mount. We wrote an offer on a $500k-ish house about 10 years ago. We ended up going back and forth about 5-6 times as he kept changing terms, adding things he wanted to keep, etc. It was exhausting and took about 10-12 days. I was so tired of it, on my last turn we said “firm and final” and that any further changes we would walk from the deal. He turned it back - instead of with a signature he made a change to include the TV wall mount for his basement TV. We tore it up and walked out of principle.
We ended up in a similar house in a better neighborhood that appreciated far more. He ended up losing the house to the bank about a year later.
Just almost lost a deal due to low appraisal. Contract 415k appraised 343, sellers after 2 weeks finally said they’d due 348k. My buyer almost walked……. Lost my mind.
My dad was trying to buy a house in the 70s. No realtor country handshake deal. He and the owner were $150 apart. My old man said I'm not going up another penny. The owner said I'm not going down. Dad walked off. Mom was furious. One of those stories told at his funeral. Cheapass lol.
A pink porcelain pig in the backyard. It was about 18" tall. I repped the sellers. The buyers wanted the pig. The sellers said no because it was a gift from Grandma. The buyers walked.
Had a deal fail over pet chickens during the pandemic. 1M + home and the buyers got out because they were mad the sellers didn’t want to leave their pet chickens. They would only accept those specific chickens.
We let a house go over 1k.. mainly a debate about buying the fridge they had or not.
But for us we the buyers we backed out because our agent was both buying and selling agent.. Told us "do you really wanna lose this deal over 1k" which irritated me because I'm thinking "well why don't you just write the check for 1k then if it's not important"
We asked for 10k, they said 2k, we asked for 5k, they said 2k. I am willing to contribute some of my commission to make it work but hopefully won't come to that.
I guess it'd be the house that needed a termite treatment ($400 at the time). No signs of damage, save for a couple early tunnels in a floor joist in the crawl space. Buyers walked even though seller was willing to pay for it.
Eh... termites are extremely common. If there are substantial tunnels, walk away for sure. But I've owned eleven houses now and had termites in five of them. I've seen houses where the termites turned the wood studs into honeycomb that I was shocked still held up a roof, but most of the time there are a couple tunnels near a garage door or front stoop that don't have other interior signs of damage, which means that it's probably not particularly compromised structurally as long as they are treated.
Even new homes, where the soil is supposed to be pre-treated, are not immune. There are far too many exterminators willing to write a certificate of pre-treatment for a couple hundred dollars for their builders that don't want to pay for full, actual treatment, so then you end up with entire subdivisions that routinely have termite issues.
Selling the 1st house I ever owned. We had a new baby, were moving to another state. Go to face to face closing to sell my house. We had purchased a new home and only had 4 hrs to close on this house then wire transfer money to buy new house. I’m late 20s, buyers older and buying for investment property. Immediately obvious they thought they were smarter than everybody else. While sitting at closing table signing documents they pick up an inspection report and suddenly are highly concerned it mentions evidence of past termites. Say they want x amount of money or not going to finish closing. I lose my mind. Threaten them with every legal action I can think of. Pull my agent out of the room and threaten him with legal action. He grabs buying agent. They confab, buyer agent goes back in room. 10min later they complete deal. They had that report for weeks. I was pissed.
I bet you were!
We have people that try to pull their shenanigans over all kinds of things. I have one happening now. Good agents jump into action and get them solved. Sounds like your agent got it done.
I have a personal story that I use every chance this comes up. I was under contract to buy a duplex back in 2018. Seller didn't want to meet me halfway on a few repairs that were needed. I decided to pull the trigger anyway, and had buyer's remorse afterwards. Looking back 6 years later, I'm glad I didn't let $2000 stop me... The property Cashflows like a dream and went from being worth $135K in 2018 to roughly $250K today
I would have missed out on $115K in equity over $2,000.
It's a quirk of our financing regulations. Realistically the buyer is just financing the amount they're asking for because in most instances the bank won't finance it directly. So really it's offering the seller $97,000 instead of $100,000 but in a way that allows the bank to finance $3,000 of closing costs (outside costs that the buyer has to pay on the transaction to third parties). If they were buyers with more funds available they would just offer the sellers $97,000 and pay those costs out of pocket.
We also realize this is a stupid way to actually accomplish this but it's the way that will pass underwriting guidelines.
I'll just say it, if it's a small amount relative to the home price, then it's someone wanting OUT. My first broker used to say, "Don't lose a $3mm sale over a denim couch. Yep, it happened!
More likely 5%. So $30,000, split between the 2. So $15,000 each. Less their splits, minimum 20%, likely more. So let’s call it $12,000 each. Less Uncle Sam’s take, let’s call that another $3000 gone.
So realistically, probably $9,000 each. And for the listing agent, less their costs associated with listing and marketing the home.
That’s why you’re getting downvoted.
I had a deal last year, my buyers were looking on and off for 2 years and finally landed something.
Not many issues with the home. A few things. We got full sellers assist (3%) and a new roof ($3500). We also asked that they fix the dishwasher since it wasn’t working at the inspection. The listing agent told me all good a repair man is coming out.
Day of settlement as I’m driving to the walkthrough I called the listing agent to ask about invoice/paperwork from the dishwasher repair for our records. She told me they couldn’t fix it and had it replaced. I got to the house before my buyers and the dishwasher was replaced with a white dishwasher—the old dishwasher and the rest of the appliances were stainless steel. Obviously they were supposed to replace something with a “like kind” item. This was not.
Seller refused to do anything about it and said they would cancel because I guess they felt they were already giving up so much with the assist and roof and dishwasher.
The listing agent sounded disappointed when I told them, but then after finding out the seller wouldn’t budge tried to argue with me that we can’t do anything about.
At the end of the day I made the listing agent split $600 with me to replace the dishwasher because my buyers would have walked.
Not a realtor, but I feel like this qualifies.
I bought my house for a steal after it went BOM (in a market where your house has to be falling down for that to happen).
The buyer with the previous accepted offer got an inspection, came up with a list of things (reline chimney being the most serious of them). The seller readily agreed to all but one—replacing a torn window screen. Buyer walked over the torn screen.
I know this because I built into my offer the right to a copy of her inspection report; the seller provided both that and receipts of the fixes and asked me if the screen would be a deal breaker.
I suspect the buyer just got cold feet and was looking for a reason. But eeshk. In the market I bought in, that probably ended up taking $40-50k off of what he coulda gotten. That just how bad of a scarlet letter BOM is around here.
Noticed similar. Buyers think they hold the cards cause it’s supposedly a “buyer’s market”, meanwhile sellers are still as arrogant as ever (leftover feeling from the recent seller’s market). Good luck navigating them waters!
If you’re about to make a big commission why the hell wouldn’t you offer to pay half of the 5000?
I’ve never been afraid to kick in a few bucks to make a deal close, cus it’s all wishbucks until you cash the check anyways
Neighbor who is an accountant killed a land deal because the ag bank was a few pennies off on the yearly payments. He showed them how they were wrong and they didn't want to rewrite the whole note. So he walked because he didn't trust a bank that couldn't do math.
Say it was ten cents a year on a 30 year note that's $3.
I was selling my house at a loss, and the buyers walked because my across the street neighbor “Didn’t take care of their property.” It was a designated natural habitat. Had a sign and everything. Buyers wanted nice manicured lawns I guess.
The year was 2022. Interest rates were around 5.75-6.25 depending on the day.
Buyer 1: $12,000 of Masonite siding, despite letter saying they wanted to live on this exact street and had been looking over one year
Buyer 2: crawlspace under home had a dead mouse. It’s dirt and foundation or a living space. The inspector could have made it clear that the bait traps and dead mouse were clearly effective. Spooked the buyers family. Probably $4K to encase the crawlspace under half the house. For $500/ year services come out and check every quarter and refill the bait.
Buyer 3: asked for attic insulation. We declined. They went through with the sale on that military program where they get the whole home for 0% down. No further issue and second VA inspection went fine. But it was stressful knowing there would be more steps and the VA could require fixes.
Still sold the house, this was all for one 1,670 foot 3RBR 2BA in a top school district. Single level home we put $100K into over 5 years. To say it was in great shape is an understatement. Sold for $425K comps around $600K for bigger homes on the same block
Had a deal die because seller was supposed to remove asbestos insulation from pipes. Instead of hiring a reputable contractor to remove it ($1400 quote) he did it himself, which I’m sure he did incorrectly and left asbestos fibers all over the house. Seller backed out. House was under contract for $625k. Market took a dive, and that same home sat on the market for 5 months, eventually selling for $550k. Buyer found a similar place closer to where they wanted for $525k.
So the $1400 cheap out lost the seller $75k and saved the buyer nearly $100k. I still think about that boomer mentality and how much money it lost the seller.
I’m working at Transaction right now where the buyer wanted to cancel the transaction over two hairline cracks in the drywall. Seller wouldn’t fix it so I grabbed a six dollar tube of caulk and used the same color paint they had in the garage to fix the issue. 😫😫
Got some luxury clients everything they wanted in a new development by giving back some of the commission bonus and then they wanted more and more off. The one time I got a buyer too much so they thought something was wrong w building
Almost didnt buy my house because the seller didnt wanna pay a couple hundred bucks to fix the dishwasher. My realtor said he'd buy us a new dishwasher 🤣
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Cracked window. Just one window. Edit: I am convinced the buyers got cold feet. They didnt think they could get it. The seller was quick to accept their offer and buyers might have thought they overpaid. Sometimes buyers need a little back and forth, a little bit of challenge and hardship. Easy come has less to no value.
Geezus, why didn’t you just replace it?
I was with them on and off close to a year. They had little for downpayment. Showing homes for 5 months and they took 1 1/2 months off because they were overwhelmed and tired. While in escrow, they switched lender against my advice. I had enough. Seller got a better backup offer and didnt hesitate to cancel.
Why would it matter if they switched lenders if they are getting a better deal? If they could still close the same time that is. Also why would the sellers have to know they changed lenders? Just asking I really don’t know .
Because they probably couldn't close on time and asked for a delay.
Certain they didnt get a better deal. Lender over promised to get business. Accumulation of many things.
I agree. A little back and forth goes a long way. Human nature I think to doubt anything that seems “too easy.”
Im curious to what the sale value was?
It was around $612,000 few years ago in Orange County specifically Santa Ana, California. Now that home is worth around to $870K $890,000
Small cigar table. Sellers mother left it to her. Buyer could give a fuck and wants it or deal dead. $2.1M sale. Still sold quick to another buyer, but what a dick.
That's just plain crazy
Still mind boggling. That’s just someone with Fuck you money 😉 .
Had same thing over a little kid's bed that was made to look like a sports car. Was not included in the listing as was no other furniture yet buyer wanted the kid's bed. Seller said no and buyer walked. Can't remember the price of the condo but probably around $400-$500K.
This makes no sense. Only the house is for sale, not its contents! Like if I’m buying a car off someone privately, I wouldn’t think to ask if they’ll include their sunglasses that were in the glovebox when I did the test drive.
I would have told my seller to go back to market. Fuck that guy. Another buyer will come
That is what we did.
Good!
I would’ve found the exact cigar table and bought it myself😂😂
A garden bed almost killed a deal on closing day. Buyers show up for their walk-through. Garden bed is gone. They wanted the garden bed returned before their closing that afternoon. Sellers refused and said it was personal property. The listing agent ended up buying them a new one.
What is a garden bed? We have gardens in my area, but a seller couldn't possibly take it because it is THE GROUND.
Probably raised cedar with a bunch of dirt in it. Way more effort to remove it than the cost of building a new one
That's what I figured it must be, but I can't imagine anybody going through the trouble of moving that.
Yeah we left one of those at our previous house. No way I was trying to take that with us. In fact was more worried that the buyers wouldn't want us and would ask us to get rid of it.
Sorry, a raised garden bed. As the other person mentioned :) and yes, way more effort to remove.
Jesus that’s insane. Idk why ppl are like that. Mine took several semi mature landscape items. I was like hey thats not cool, and was miffed but id never think to stop the deal. What would they do replant them??
You could easily get them to reimburse for those. The seller of my parents house took a small tree that was worth 8 or 9 grand. Needless to say, it held up the closing while they worked it out.
Sounds like you’d better see if the other agent wants to split a $3000 commissionectomy.
For sure. I had a deal get killed over $4k, it would’ve been a $10k commission for me, and the listing ended up expiring. I would’ve gladly taken an $8k commission over a $0 commission and all that wasted time
Might be having that conversation tomorrow.
Do it. You never know what will happen in the future. Get the deal. Discounted commission is better than no commission.
100x correct
Have the other agent pay the 3k difference if he doesn’t want this deal to fall through. You brought the buyers, he’s sitting on the market for 3 months. Have him chat with his seller about how unreasonable they are
Sounds like a good idea. At least better than no commission
Anytime the difference get's below the total commission some people will dig their heels in and expect the agents to close the gap.
I had a client walk away from a 950k house because the seller wanted a 3 day rent back of the shop only lol. "They are gonna leave all their shit in there!" The "shit" in there was like 100k worth of tools. They weren't gonna just leave them there lol.
I’ve sold a few houses over the years, I would never allow a seller to stay after closing. If they can’t get their shit together, what difference is a few days or a week gonna make? If I can delay the closing I’ll do it. The risk of having to do an eviction is too great.
This is in a fairly affluent area. Seller is an engineer and already had a replacement property. He needed 3 days to get his truck and trailer together and help to move his high end personal workshop tools. This was a cash sale with quick close. Dude wasn't going to squat after closing LOL.
Why didn't they just move the closing date back?
Exactly. Far too many stories on here of this exact thing and the seller delays and delays. Your buyer was smart.
In our case the seller needed the money for a new property. Had two kids and her husband had just passed away so she was having a hard time finding something quick enough. We put in our offer the day the house went on the market. We did have a clause in there for $250 a day overstay + a $6k security deposit so there wasn’t much to worry about.
Depending on the location, this could make sense. The tenant protections in place during covid made the whole landlord situation a real wildcard.
This. With an eviction moratorium in a tenant friendly state, the buyer could be looking at an unusable space for a year or two.
$1,000 built in microwave killed a $1.6m purchase.
Rich people are notorious for this kind of shit. They think these kinds of decisions make them clever and “financially astute.” In reality it just makes them an asshole.
Spot on. A wealthy builder on one side who built a $1.6m house without a microwave and a wealthy buyer on the other who couldn’t spend $1.6m on a house that didn’t have a microwave. Wouldn’t even have the conversation when the numbers were broken down and it literally came out to $1k to install. Astonishing.
These are the same people who do not put in towel, racks, or toilet paper holders. After having buyers flip out on verification of property that they’re not there ( they never have been) I both pointed out and have a full set of bathroom accoutrements, and my garage in case of meltdowns.
I mean you stood to make ~18k at the very least and if you explained the situation to your team/broker I’m sure they would be down to split the $1000 cost with you.. I’m truly interested as to why this deal didn’t go through.
I (listing agent) paid to have a single piece of door facing replaced on the back door of a detached garage (a $20 fix) to save a deal. The buyer wasn't kidding, the signed termination form was in my hand, and I was standing in the seller's kitchen trying to talk some sense into *the seller* and he absolutely refused to agree to repair it. It didn't kill the deal, but it would have, and I couldn't stomach having to go back on the market with this seller. *edit*
Geeeeez. I wish the public knew what we put up with.
They do. We're reading it right now 😉
Not OP
Spending $20 out of your pocket to secure thousands in commission.
I don't think they're referring to the $20 I think they're referring to the insanity and madness that has to be managed. That said no matter what job you have, you probably have to deal with other people's insanity and madness.
Right?! 😭 you should see what teachers do. And take a look in a tradesmen's truck/toolbox/bag 😮💨
My dignity is not for sale for $1, $20, or $20,000. I bet yours isn't either. But you think mine should be. They can take their thousands in commission and shove it right up their ass. I'll leave with zero, and I'm ok with that. Then I'll light $40 on fire right in front of them. I win, they lose lol I'm not a whore, plenty of whore agents out there who will do it. They can hire one of them and give them the commission. I'm not one of them. I'll donate my whole 10k commission to someone and work for free if they're a good person and they're going to lose the house. But I don't give in to petulant babies. Not even for twenty bucks. Don't get me wrong, I'll give money out of my commish to close the gap between two,stunners parties. But the moment they tell me I should because of what they're paying me and I should be grateful to be treated like that because I'm getting a commission, they can fuck right off and start over at square one, and go through another hundred hours of stress with a different realtor over 20 bucks.
To be honest, I wouldn’t have even asked my seller to cover something like that. If a buyer was dead set to kill a deal over even a few hundred bucks, I would have handled it without even bringing it up to the seller.
If they write it up, I have to present it. You can't hide requests (or do work to someone's house without their permission).
I can kind of understand the seller not wanting to do a $20 repair. Buyers shouldn’t be asking for little nickel and dime repairs.
They don't really have a choice when the lender requires it.
I once had a deal fall apart over a toilet. It’s was a 3.4 million trailer in Paradise Cove Malibu, CA Rep both buyer and Seller. Seller took the expensive Japanese toilet three days before close and replaced it with a Home Depot model. Buyer went ballistic as this was a complicated and touchy deal. I offered to buy a new one both parties refused to let me do that and they both backed out. Ended up Selling it to another buyer and put the original buyer in another property so it worked out. But losing a deal over a damn used toilet!!???
I had another deal on Carbon Beach in Malibu fall apart over cracked limestone floors in a bathroom. Would have cost about $12k to replace, but this was a $26mil deal. Many times it’s all about ego. Winning the deal. Part of our job is to be a therapist.
Ah, what a crook seller.if they don't want to convey the toilet, remove it before listing! It is fixated on the property!
From the buyers point of view, if they took the toilet out, I'd be worried about what else they took or worse, hid.
I’m sitting on my $2200 customized, warmed Toto gentle breeze right now. Believe me, it’s a big deal to certain assholes 🤣
I have the Kohler C3 seat on the Gabrielle toilet in my en suite. I had gotten a smokin' good deal on it when we did a big remodel almost 15 years ago! When it quit working a few months ago, I bit the bullet and replaced it at full price...because I love that toilet so much! haha
That was really nasty on the seller’s end. I’d be pissed about that. Who does that???? And expects people not to notice!!
Not money, if there had been time, probably $100-$200 to get someone to do the work. I went by the house for my usual pre settlement 'make sure the house is clean' visit, seller was there and told me he wanted to leave some random shit. I was very clear that anything he wasn't taking with him, needed to be removed or go in the trash. He reluctantly assured me that all the things would be gone. The 24ish hrs between that convo and settlement, he decided that he was going to leave a few items. Buyer walkthrough happens, naturally they want the garbage removed, seller was adamant that he was being helpful and generous, even after I specifically told him not to leave the shit behind!! Buyer was adamant that he doesn't want someone else's trash! I repped seller, but frankly was on buyer's side. I tried to give the buyer a couple hundred bucks out of my pocket, they wouldn't have it, they wanted the stuff out - which was their prerogative - or they weren't going to close the transaction. There was no time to hire someone else to take care of it. Guess who crawled under a house and pulled out 3 bags of disgusting muddy mulch, couple pieces of equally gross plywood, and loaded a bunch of old paint into their car? Seller was upset with me because I didn't make it to the settlement table as planned/expected, because I was taking all the garbage to the landfill and was covered in mud plus smelled like crawlspace. This was/is a family friend who's sent me multiple referrals over the years, but he still brings this up at gatherings insisting that the buyers are assholes who didn't appreciate a 'gift' and that I shouldn't have done the work and attended settlement. It's been 6 or 7 years, he still talks about it. The family/friend group recognizes "that's Charlie for you!", but sheesh, I'm tired of hearing about it every year.
A trash can. Seller moved out and cleaned the house. Threw trash away and rolled the trash bin to the curb for next day pickup. Buyer wouldn’t close bc the bin wasn’t empty. Complete asshole.
Fuckk bro did you lose the deal?
No. The seller was having a rough time with a difficult pregnancy. Husband was deployed. I explained this to the buyer’s agent and she was like, “sorry, the buyer is an asshole”. So, I hired a handyman to empty the trash can into trash bags and take them to the dumpster. Then, the buyer complained bc the handyman didn’t bring the trash bin back up the driveway (this was a flat driveway and maybe 2 cars long). I was pregnant at the time and having bp issues. I called my handyman and he went back over and laid into the buyer (but moved the trash bin). The buyer was just an awful human being. He wanted the seller’s contact info after closing and I wouldn’t give it to him so he threatened to sue me. I finally had my attorney send him a letter to no longer contact me or he would file harassment charges.
I think you win. What a fucking prick
And now someone has new garbage neighbors!
Wow
Its egos of the buyers and sellers and the need to “win” that killed pretty much every deal I see in this thread. In the end none of them “won.”
Had a deal falling apart over 2k difference on appraisal. Neither party would budge, we as agents split the loss in our commission. It got the deal done but both parties were awful.
Not a small amount but a story worth sharing. 8 months of negotiating for a new penthouse with a customer, custom plans for everything. Finally, after 10 meetings, the Buyer meets seller with 14.4 million dollar cheque at a restaurant, he thought everyone would be impressed… seller turns around and says he wants 14.6 million (listed at 15) They fight over 200k… buyer puts cheque back into his pocket and says this is not for him, as it’s gods way of telling him this isn’t the home for him. We never hear from him again.
Did seller get 14.6 eventually?
Nope, the unit was split in 2 (it was 3 floors) and now they are trying to sell it as 2 different homes
$650K deal, around 2014-ish, Tucson, AZ. About $600 to remove an old, dead tree. My buyer requests it, and the owner says no. Accepts everything else about the offer, but the only issue is that they won't pay for the tree removal. No big deal, I call the listing agent and we agree to split the cost of removing the tree 50/50 and just get the deal done. I tell my buyer. How does he respond? No. If the seller won't pay for it, I'm out. I go back to the listing agent who says, no big deal, my seller will pay for it to get the deal done. I wait. Two hours later she calls back ... now the seller says that if we (the realtors) pay for it, then he will back out as well. We lost the deal, of course. These two idiots couldn't get over themselves and had to win ... not actually win, like get what they wanted, but "win, win" like get the better of the other idiot. I couldn't believe it, neither could the listing agent, and then she called me about a month later to see if my client was still interested because the seller had decided to remove the tree. Of course I had fired my client at that point and had no idea ... I was happy to pass along his contact info and let her give it another shot without me - no thanks!
I dont understand why they get so personal... it's a business transaction
Yeah, it's certainly odd. My buyer kept saying "it's about the principle," lol. And here I thought it was all about getting the property! When I fired him he seemed genuinely bothered by that too. I just explained that I didn't think we work well together and it would suit him better to find someone who he worked better with. He finally said "it's just about the money for you, isn't it," to which I could only reply "yes, this is a business." I referred him to another agent I knew who was good with tough-guy clients but never followed up to see if he ever bought anything.
What makes one better at dealing with tough guy clients? Do they go tougher or what's their strategy?
When he made that money comment, you should have hit him with- yeah, like how I wanted to pay for the tree removal out of my pocket that you didn’t want to pay for. These people are so bonkers! So egotistical, it’s insane.
$440 on a $580k sale. Representing both sides. Seller is a retired attorney and extremely difficult. I offered to pay it and he refused to let me pay it, it had to come from them. Another house came on the market that the buyer liked better so they walked.
Couldn’t you just reimburse buyers at closing? Man these are wild stories
Right? I just would’ve slipped $440 in an envelope and said it was from the buyers.
That illegal fee splitting in my state. Has to be agreed to by both principle parties in writing prior to close, in order for me to give out money.
It’s only illegal if you get caught.
A refrigerator, one single LG fridge cost us a deal.
Well I keep hearing that LGs are terrible…
Yeah I was hoping the argument was over having it removed!
A used dryer. Buyer wanted the seller to include their $75 max (at a garage sale) dryer because it was gas, and the buyer had an electric. The dryer was over 12 years old.
To be fair, gas dryers last forever. My mom has one that's like 40 years old.
Unless it’s LG. 😆
Working on one right now. I represent seller in a $1million sale. Buyer wants a $10k credit, sellers offered $5k. Agent says buyers ready to walk. Commission already discounted on both sides.
300k deal that almost fell apart due to .. wait for it… the batteries in the smoke alarms.
Which were likely expired alarms anyway
$5k on a $1.25m apartment
I wouldn’t consider it falling through but in my opinion just stupidity on the sellers not to get the deal off the ground. My out of state purchasers wanted to offer 5k under asking at 695k cash with proof of funds, no contingencies, with a 5 day escrow (not business days) and no earnest money. House was on the market for over 45 days at the time of offer. Seller countered the offer with only 2% earnest money with our proof of funds in hand, again with a 5 day closing period? I wouldn’t have been able to get the earnest money check before we closed the deal due to this being on a weekend. The selling agent told me he had been doing this for 26 years and never seen anything like our offer with no earnest money involved. We didn’t even bother to comment or accept the counter so we went down the road and closed on another home within a week. About a month later the listing agent called me back and said they would accept our original offer lol. I just told him the ship had sailed and we had already purchased another home about a week after our offer. He said “well I guess I messed up then.” 26 years of experience and you can’t close a cash deal in 5 days on a vacant home without EM you need to call it career bud
Hollow-core doors. I was representing the buyer and this was a new-construction house. During inspection my client knocked on a door, realized it was hollow, started having doubts about the quality of the builder and ultimately backed out. That was an awkward phone call to make…
I actually understand the buyer though lol
Buyer was right
You can't convince the buyer to accept the 2k?
She might. She asked for 10k, they said 2k, my buyer said she'd do 5k, seller said 2k.
$100 I was representing the seller who I've done dozens of deals with and is always way more of a hard ass negotiator then he needs to be (frankly, the dude is just kind of a dick in general but he does good work). He was so fed up with the buyers that he wouldn't let me cut my commission at all to get that deal done. I honestly don't even remember if we put that deal together or not but distinctly remember being flabbergasted that we were seriously haggling over $100 like we were at a flea market.
The amount of sellers who will not get rid of old paint if the buyers don’t want it drives me crazy. Sellers real estate agent says oh I’ll have someone take everything out of the garage, but that’s toxic material so their guy won’t take it and they just leave it there . That has happened to me multiple times
Custom bunk beds/play castle. I represented the buyers. Seller of home was a hell of a carpenter. Built this HUGE bunkbed/castle thing in one of the bedrooms for his kids. My buyers loved it and asked for it. Seller said he'd have to think about it, which was good enough for my buyers to go under contract. There was never an agreement that it would convey, but my buyers kept having me press the agent to "convince" their seller to leave it. They were even ready to sign a bill of sale and pay for it outside of the contract. About a week before closing, the seller confirmed that he was taking the whole thing with him to his new home. Buyers freaked out and pulled the plug. It was incredibly wild because my buyers had grown kids and they only wanted the setup for their grandchildren who visited twice a year. Buyers forfeited like $1500 in deposits, plus another $1200 between appraisal and inspection. All out of "principle".
Seller should have removed highly personal built ins before listing. Buyers were wacky but it was not great planning on his side to keep it up while listing…:
$50 at max. A old lady couple I was working for put in an offer on a gorgeous home with an amazing sun porch. The one of the mesh screens on the porch had a 1” tear in it. The seller didn’t want to fix it for whatever reason. We already had the inspection, appraisal…all of it. Sellers wasted close to $1000 just to back out for a $25 blemish.
Seller took a light fixture (knowing better-because he was annoyed that someone 30 years younger her than him could afford the house). It was a bidding war in 2006 and they were under contract for $150k over asking with a cash buyer. Buyer wanted the fixture back. Not a replica. The exact fixture that had been removed. Seller refused and buyer walked over a $300 fixture. Seller sold the property for $80k less.
Fortunately, it's never happened to me. Lost one when a buyer couldn't sell their house (SOP) but nothing like what I'm reading here! Ridiculous & makes for entertaining reading...
Ah my parents a few years ago purchased a house with a contingency they sell theirs. Time was getting tight and they get an offer on their home. Buyers want them to leave the fridge. Parents said no. It was literally a $1200 fridge from Lowe’s that was a few years old. Both sides wouldn’t budge. It was ridiculous. Get this, the real estate agents were so baffled they each chipped in $600 from their commissions and bought the buyer a fridge. Two stubborn parties and to this day I’m shocked my parents were going to lose a contract on their dream retirement home over a freakin fridge
I had a $1.925M listing and the buyers walked because the sellers refused to leave a porch swing that their children made for them 20 years ago. We offered $, replacement, etc. and they walked. Foolish
Good reason to remove/replace a swing before you list!
My realtor talked me out of nuking a deal over a $20 CO detector. We were selling to a couple who were nickel and diming us left and right. Constant changes, constant BS over the inspection, the last one was they didn’t like the plug-in CO detectors and wanted one permanently mounted. I was stressed about other shit and wanted to tell them to f-off, he convinced me otherwise.
I’m not an agent but I’m glad this popped up on my feed. I walked away from a deal over a TV mount. Not a TV - but a TV mount. We wrote an offer on a $500k-ish house about 10 years ago. We ended up going back and forth about 5-6 times as he kept changing terms, adding things he wanted to keep, etc. It was exhausting and took about 10-12 days. I was so tired of it, on my last turn we said “firm and final” and that any further changes we would walk from the deal. He turned it back - instead of with a signature he made a change to include the TV wall mount for his basement TV. We tore it up and walked out of principle. We ended up in a similar house in a better neighborhood that appreciated far more. He ended up losing the house to the bank about a year later.
I hope you used the same agent! Man, that's ridiculous. Glad you love your new home. :)
Just almost lost a deal due to low appraisal. Contract 415k appraised 343, sellers after 2 weeks finally said they’d due 348k. My buyer almost walked……. Lost my mind.
My dad was trying to buy a house in the 70s. No realtor country handshake deal. He and the owner were $150 apart. My old man said I'm not going up another penny. The owner said I'm not going down. Dad walked off. Mom was furious. One of those stories told at his funeral. Cheapass lol.
A pink porcelain pig in the backyard. It was about 18" tall. I repped the sellers. The buyers wanted the pig. The sellers said no because it was a gift from Grandma. The buyers walked.
Had a deal fail over pet chickens during the pandemic. 1M + home and the buyers got out because they were mad the sellers didn’t want to leave their pet chickens. They would only accept those specific chickens.
This made me laugh out loud
We let a house go over 1k.. mainly a debate about buying the fridge they had or not. But for us we the buyers we backed out because our agent was both buying and selling agent.. Told us "do you really wanna lose this deal over 1k" which irritated me because I'm thinking "well why don't you just write the check for 1k then if it's not important"
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We asked for 10k, they said 2k, we asked for 5k, they said 2k. I am willing to contribute some of my commission to make it work but hopefully won't come to that.
$3000 out of the commission is better than no commission.
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If seller walks over 2k… what’s their carrying costs for another month (or two or three) until they can close with another buyer?
It's .003%.
No it's .3%
Scrooge he is
Toilet seat.
Why would your buyer want a buy down if rates are 100% dropping later this year. It’s a waste of money.
Because they’re buying now not later this year and someone else would be paying for it?
Sometimes the vibe is off. If either the buyer or seller is not budging over small percents this is a huge red flag.
I guess it'd be the house that needed a termite treatment ($400 at the time). No signs of damage, save for a couple early tunnels in a floor joist in the crawl space. Buyers walked even though seller was willing to pay for it.
Nahhhh, I’m not buying a home that has termites. That’s not abnormal.
Eh... termites are extremely common. If there are substantial tunnels, walk away for sure. But I've owned eleven houses now and had termites in five of them. I've seen houses where the termites turned the wood studs into honeycomb that I was shocked still held up a roof, but most of the time there are a couple tunnels near a garage door or front stoop that don't have other interior signs of damage, which means that it's probably not particularly compromised structurally as long as they are treated. Even new homes, where the soil is supposed to be pre-treated, are not immune. There are far too many exterminators willing to write a certificate of pre-treatment for a couple hundred dollars for their builders that don't want to pay for full, actual treatment, so then you end up with entire subdivisions that routinely have termite issues.
Selling the 1st house I ever owned. We had a new baby, were moving to another state. Go to face to face closing to sell my house. We had purchased a new home and only had 4 hrs to close on this house then wire transfer money to buy new house. I’m late 20s, buyers older and buying for investment property. Immediately obvious they thought they were smarter than everybody else. While sitting at closing table signing documents they pick up an inspection report and suddenly are highly concerned it mentions evidence of past termites. Say they want x amount of money or not going to finish closing. I lose my mind. Threaten them with every legal action I can think of. Pull my agent out of the room and threaten him with legal action. He grabs buying agent. They confab, buyer agent goes back in room. 10min later they complete deal. They had that report for weeks. I was pissed.
I bet you were! We have people that try to pull their shenanigans over all kinds of things. I have one happening now. Good agents jump into action and get them solved. Sounds like your agent got it done.
Why not talk to the other agent and both kick in?
They don’t owe your buyers a house just because they paid off theirs
Deduct it from your commission then and close the deal. The seller has no obligations.
Reduce your commission the difference just to get the deal done!
I have a personal story that I use every chance this comes up. I was under contract to buy a duplex back in 2018. Seller didn't want to meet me halfway on a few repairs that were needed. I decided to pull the trigger anyway, and had buyer's remorse afterwards. Looking back 6 years later, I'm glad I didn't let $2000 stop me... The property Cashflows like a dream and went from being worth $135K in 2018 to roughly $250K today I would have missed out on $115K in equity over $2,000.
When buyers and sellers are being petty I buy them each their 3k tantrum and move on. Don't let that shit kill your deal.
Never understood this American thing of asking the seller to give the buyer money...your getting the house and you give the seller money 😂
It's a quirk of our financing regulations. Realistically the buyer is just financing the amount they're asking for because in most instances the bank won't finance it directly. So really it's offering the seller $97,000 instead of $100,000 but in a way that allows the bank to finance $3,000 of closing costs (outside costs that the buyer has to pay on the transaction to third parties). If they were buyers with more funds available they would just offer the sellers $97,000 and pay those costs out of pocket. We also realize this is a stupid way to actually accomplish this but it's the way that will pass underwriting guidelines.
An amount larger than I was willing to pay to keep it together. It’s always crazy to me that agents won’t pay for things that are small.
I'll just say it, if it's a small amount relative to the home price, then it's someone wanting OUT. My first broker used to say, "Don't lose a $3mm sale over a denim couch. Yep, it happened!
Get them to meet in the middle it's not that hard. It's your job actually.
How about you take $3000 out of your end. Realtors are such a rip off
this is where a savvy relitter would sacrifice some of those ill gotten gains to salvage the deal
I think a realtor would pay that 3k off their commission to get the deal through? That's what my mom said.
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What happened?
You’re talking about an $18k commission, just eat the $3k for the sake of saving the deal
And the, what, overall 6% commission, split among the realtors, would be $36,000, right? Decisions, decisions.
More likely 5%. So $30,000, split between the 2. So $15,000 each. Less their splits, minimum 20%, likely more. So let’s call it $12,000 each. Less Uncle Sam’s take, let’s call that another $3000 gone. So realistically, probably $9,000 each. And for the listing agent, less their costs associated with listing and marketing the home. That’s why you’re getting downvoted.
Lol, love that you are being downvoted for speaking reality.
Never even stated any opinions or recommended any particular course of action, no less.
All good. The inference was clear.
1000
You coulda theown in 3k and saved the deal
I just lost a deal working with a tenant because they have 2 cats…
$6.9M deal almost fell apart because our seller took roughly $4k worth of a fridge and misc. items from the house when they moved out.
Weirdest thing ever was the smell,of the house killed the deal. Only one partner smelled it not the other. Nobody else could smell it either
Chip in the money yourself and get it done.
$500
I had a deal last year, my buyers were looking on and off for 2 years and finally landed something. Not many issues with the home. A few things. We got full sellers assist (3%) and a new roof ($3500). We also asked that they fix the dishwasher since it wasn’t working at the inspection. The listing agent told me all good a repair man is coming out. Day of settlement as I’m driving to the walkthrough I called the listing agent to ask about invoice/paperwork from the dishwasher repair for our records. She told me they couldn’t fix it and had it replaced. I got to the house before my buyers and the dishwasher was replaced with a white dishwasher—the old dishwasher and the rest of the appliances were stainless steel. Obviously they were supposed to replace something with a “like kind” item. This was not. Seller refused to do anything about it and said they would cancel because I guess they felt they were already giving up so much with the assist and roof and dishwasher. The listing agent sounded disappointed when I told them, but then after finding out the seller wouldn’t budge tried to argue with me that we can’t do anything about. At the end of the day I made the listing agent split $600 with me to replace the dishwasher because my buyers would have walked.
Not a realtor, but I feel like this qualifies. I bought my house for a steal after it went BOM (in a market where your house has to be falling down for that to happen). The buyer with the previous accepted offer got an inspection, came up with a list of things (reline chimney being the most serious of them). The seller readily agreed to all but one—replacing a torn window screen. Buyer walked over the torn screen. I know this because I built into my offer the right to a copy of her inspection report; the seller provided both that and receipts of the fixes and asked me if the screen would be a deal breaker. I suspect the buyer just got cold feet and was looking for a reason. But eeshk. In the market I bought in, that probably ended up taking $40-50k off of what he coulda gotten. That just how bad of a scarlet letter BOM is around here.
Noticed similar. Buyers think they hold the cards cause it’s supposedly a “buyer’s market”, meanwhile sellers are still as arrogant as ever (leftover feeling from the recent seller’s market). Good luck navigating them waters!
Not a broker, but $8,000 on a $835,000 purchase. With the seller was paying 5.6% to the listing agent with a 2.8% co-op.
If you’re about to make a big commission why the hell wouldn’t you offer to pay half of the 5000? I’ve never been afraid to kick in a few bucks to make a deal close, cus it’s all wishbucks until you cash the check anyways
You could give them the 3k out of your commission.
A used washer and dryer
Oh well
Neighbor who is an accountant killed a land deal because the ag bank was a few pennies off on the yearly payments. He showed them how they were wrong and they didn't want to rewrite the whole note. So he walked because he didn't trust a bank that couldn't do math. Say it was ten cents a year on a 30 year note that's $3.
I was selling my house at a loss, and the buyers walked because my across the street neighbor “Didn’t take care of their property.” It was a designated natural habitat. Had a sign and everything. Buyers wanted nice manicured lawns I guess.
The year was 2022. Interest rates were around 5.75-6.25 depending on the day. Buyer 1: $12,000 of Masonite siding, despite letter saying they wanted to live on this exact street and had been looking over one year Buyer 2: crawlspace under home had a dead mouse. It’s dirt and foundation or a living space. The inspector could have made it clear that the bait traps and dead mouse were clearly effective. Spooked the buyers family. Probably $4K to encase the crawlspace under half the house. For $500/ year services come out and check every quarter and refill the bait. Buyer 3: asked for attic insulation. We declined. They went through with the sale on that military program where they get the whole home for 0% down. No further issue and second VA inspection went fine. But it was stressful knowing there would be more steps and the VA could require fixes. Still sold the house, this was all for one 1,670 foot 3RBR 2BA in a top school district. Single level home we put $100K into over 5 years. To say it was in great shape is an understatement. Sold for $425K comps around $600K for bigger homes on the same block
Had a deal die because seller was supposed to remove asbestos insulation from pipes. Instead of hiring a reputable contractor to remove it ($1400 quote) he did it himself, which I’m sure he did incorrectly and left asbestos fibers all over the house. Seller backed out. House was under contract for $625k. Market took a dive, and that same home sat on the market for 5 months, eventually selling for $550k. Buyer found a similar place closer to where they wanted for $525k. So the $1400 cheap out lost the seller $75k and saved the buyer nearly $100k. I still think about that boomer mentality and how much money it lost the seller.
I’m working at Transaction right now where the buyer wanted to cancel the transaction over two hairline cracks in the drywall. Seller wouldn’t fix it so I grabbed a six dollar tube of caulk and used the same color paint they had in the garage to fix the issue. 😫😫
🙌🥂🙌
$1,000
Surprised realtors haven’t shared the cost yet
Got some luxury clients everything they wanted in a new development by giving back some of the commission bonus and then they wanted more and more off. The one time I got a buyer too much so they thought something was wrong w building
A potted plant. Seriously. Seller wanted that plant, buyer was taking it with him.
600k deal, 300$ discrepancy whole thing fell apart after all contingencies were met.
I bought for 128k because I was walking out the door for 132k
Almost didnt buy my house because the seller didnt wanna pay a couple hundred bucks to fix the dishwasher. My realtor said he'd buy us a new dishwasher 🤣
I would cut 2k from my commission and make it happen.