A Day in the Life of a Main Line Realtor®
Here I am, your Main Line Philadelphia Realtor®. Up early to catch my hard-working clients on their way to work to discuss the offer they have in on a great house. I got them in the car—always seems a bit dangerous to me to talk about something as stressful as buying a house with someone who is driving. But it is better than a text, for sure. Like many of my younger buyers, these busy, tech-savvy young adults connect in short messages with lots of of abbreviations. Not always the best way to go over the fine points of all those Main Line homes for sale, IMHO. Ha ha.
The topic of the day is the timing on the purchase. The sellers want a very delayed closing so they can finish the renovations on their new home. My buyers are concerned about the mortgage rates going up (as well they should be). They have done a good job of contacting 2 lenders to see what their loan options are but neither one will guarantee a rate for more than 60 days. Is there a lender out there that will? We do not know. The lender you know is better than the devil you don’t, I always say. Nothing derails more transactions than lenders who over promise and then cannot deliver the money at the closing.
So we decide to accept the delayed closing with the rate risk in trade for what we think is a slightly below market price. Hard to get a seller to take their bottom line price the first few days they have the house on the market. And this house just came on the market. We wanted to be the first appointment. We have to make the offer palatable. I know this is the house for my buyers, after seeing them discuss and evaluate many Main Line homes for sale over the last few months. And they know it is the right house for them. But so did another set of buyers. So now we are in the dreaded “multiple offer” situation. What’s a Main Line Realtor® to do?
Meanwhile, my email is screaming “IMPORTANT” message received. I really prefer to decide myself what is important, but what can you do? This is from a client who bought a house 3 years ago and is having an issue with the builder. Just to make it clear, the agent is always the one to contact when you have any problem at all with your home or any even remotely “home-like” issue.
After-market service is an important part of being a real estate agent, so I will need to help this client solve his problem. First I have to locate the file and download all the emails from storage. A Main Line Realtor® also needs to be a tech whiz—not all of them are, that’s for sure! We have to prepare documents for electronic signature after filling out pages and pages on the forms that make up a transaction.
Well, tune in later to see how this Main Line Realtor® leaped tall buildings with a single bound! For more information regarding real estate and Main Line Realtors, please contact Sage Realty today!
Tags: Main Line Realtor