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Sorry But I Cannot Help You Sell Your House

Sorry But I Cannot Help You Sell Your House

 

Prepared for a listing appointment by asking lots of questions, doing all the comps,  checking out the neighborhood and driving by ahead of the scheduled time.

The house was in need of  major TLC.

My definition of TLC  = Tons Liquid Cash.

 

Margaret Rome 410-530-2400

From out phone interview, I knew the seller's bottom line.

 

 Since I had made the appointment, I went to the door and knocked.

 The seller asked if I wanted to come in.

My reply: "No thanks, I just wanted to tell you that I am not going to be the one helping you sell your house."

 

Sorry But I Cannot Help You Sell Your House

 

Margaret Rome 410-530-2400

 

 

 

 

 

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Broker-Owner HomeRome Realty 

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Author of Real Estate the Rome Way

mrome@HomeRome.com

410.530.2400

 

 
Comment balloon 27 commentsMargaret Rome, Baltimore Maryland • September 01 2015 07:26PM

Comments

Margaret,

 

I love for definition of TLC = tons of liquid cash. We veterans learn it is better to never take the listing than be pulled under by such a listing.

Posted by David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation, Relocation, Luxury & Lifestyle residential (Colorado Real Estate Advisers LLC ) over 3 years ago

David Gibson Thanks for stopping by. We do NOT need to take every listing.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) over 3 years ago

It is a business decision Margaret. You did not want to waste time and money. Some Agents will take a listing at any cost but not a true professional.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 3 years ago

Margaret Rome, Baltimore Maryland This was a good business decision based on the Seller's bottom line, comps, and the condition of the home. I love the new meaning for TLC.

Posted by Sharon Parisi, Dallas Homes (United Real Estate Dallas ) over 3 years ago

Margaret we're on the same page today - just wrote about a similiar situation. Experience is the key to saying let's get this done or.....sorry but it's not workable.

Posted by Anna Banana Kruchten CRB, CRS 602-380-4886, Arizona's Top Banana! (Phoenix Property Shoppe) over 3 years ago

Margaret Rome, Baltimore Maryland - I always like your innovations. In this post - TLC! (I will use it for some of my investor buyers.)

And you need to have many in pipeline to say 'no' to one! Coming from abundance and not scarcity.

Posted by Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (LAER Realty Partners) over 3 years ago

Best thing you can do for your business: Learn to say no! Sorry your house is in the TLC category if you want to sell it, here is what we have to do...

Posted by Chris Mamone, Senior Loan Officer (Keller Mortgage) over 3 years ago

Margaret - I bet that home seller was pretty surprised to hear your statement when you came to their door.

If the only thing the seller is looking at is their bottom line, sometimes you just can't help them. A home will only sell for it's true market value.

Posted by Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor (Good Company Real Estate www.ChandlerRealEstate.weebly.com) over 3 years ago

Margaret, goes with "what part of NO don't you understand?"! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) over 3 years ago

That is smart to avoid wasting any more time.  Next!

Posted by Debbie Gartner, The Flooring Girl & Blog Stylist -Dynamo Marketers (The Flooring Girl) over 3 years ago

Yes, sometimes we just cannot help - I have to get better at saying no.

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) over 3 years ago

Margaret - Smart move. I'm sure the seller was surprised that you said no before coming in the house. I know you saved a lot time and energy by not taking the listing.

Posted by Alan Gross, Loan Consultant (PrimeLending, A PlainsCapital Company, Equal Housing Lender) over 3 years ago

Knowing the seller's bottom line ahead of time allowed you to make that decision quickly and move on.  Let someone else waste their time.

Posted by Margaret Goss, Chicago's North Shore & Winnetka Real Estate (Baird & Warner Real Estate) over 3 years ago

Margaret Rome, Baltimore Maryland I've had to turn down listings before. It is NEVER fun or easy. But sometimes it is the only choice. It is isn't the house you are turning down, it is the difficult client with unrealistic expectations.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 3 years ago

I am sure the Seller was very disappointed when they heard you say those words, but you are right, there are some listings that we just should not take.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) over 3 years ago

Margaret, that home must have been TERRIBLE, and there are listings we just have to pass on! 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) over 3 years ago

Hi Margaret Rome, Baltimore Maryland , I sure do understand and agree with your decision but I offer a possible exception. I was on a pre-listing preview this week of a home that also needs TATLC = Tons and Tons of Liquid Cash. The lot is larger than average, has an ocean, bay and city skyline view worth about 1M. The house is what I would refer to as a total tear down. 

Posted by William Johnson, Retired Real Estate Professional (Retired) over 3 years ago

Good morning Margaret Rome, Baltimore Maryland Love your definition of TLC.  Will add to my class vocabulary.

Posted by Mary Yonkers, Erie/PA Real Estate Instructor (Alan Kells School of Real Estate/Howard Hanna Real Estate) over 3 years ago

Sometimes we just need to say when, it costs money, time and more to sell a home and it takes a strong and knowledgeable agent to turn down a listing. 

Posted by June Piper-Brandon, Piecing Dreams One Home at a Time (Long & Foster Hampden) over 3 years ago

Margaret

Love the TLC acronym!

Sometimes saying no is absolutely the right decision to make

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) over 3 years ago

Every house is now for every Realtor to sell....that can be at either end of the spectrum...

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) over 3 years ago

Hello Margaret ... very creative post my friend and featured to the group:

Posted by Robert Vegas Bob Swetz, Las Vegas Henderson Homes for Sale (Realty ONE Group) over 3 years ago

Thanks Robert (Alaska Bob) Swetz  for the feature.

Sally K. & David L. Hanson Thanks for stopping by.

Jeff Dowler CRS In this situation...it was the right decision.

Mary Yonkers Glad to be part of your teaching.

Well stated June Piper-Brandon 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) over 3 years ago

William Johnson  I followed my gut reaction and never looked back.

Joan Cox My internal radar was not in a good place when I arrived at the property.

It was the right decision Brian England and Bill Roberts 

 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) over 3 years ago

Your welcome my friend 

Posted by Robert Vegas Bob Swetz, Las Vegas Henderson Homes for Sale (Realty ONE Group) over 3 years ago

Margaret, I'm wrestling with just this issue. My problem: I really like these sellers, they have a need to sell BUT---they have an unrealistic idea of the likely selling price.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 3 years ago

Lottie Kendall These sellers may have a need to sell but may not be able to afford to sell. Good luck with helping them.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) over 3 years ago

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