Tuesday, August 17, 2010

Stressed To Kill!


Our state legislators have made sure that the Tennessee "militia to secure the free state" can now take our guns with us most everywhere we go. It is now within the law to take your gun to bars, parks, and churches.


Believe me, with few exceptions our second amendment rights are not under threat in Tennessee. But if the wise leaders in our legislative chambers start encouraging Buyers and Sellers to bring their guns to real estate closings, then it may be time for me to retire my real estate license and get a job as a Walmart greeter. (I wonder if they are packing heat.)


As Realtors, buyers, or sellers you know some version of this story. Mary, your Sunday school teacher, and her husband John listed their home with you and today is closing day at 5:00PM. John has been living in Atlanta for three months working at his new stressful job and has signed power of attorney for the closing. Mary is home with the three children and is leaving her job, friends, and family, and her children needed to be in the right Atlanta Schools two weeks ago. The movers are at the home and almost ready to pull out when you get the call from the closing attorney. "The home can't close today."


There are a thousand reasons a home does not close as scheduled, but whether the paperwork is not ready or the earth has just been hit by a giant meteor the results are the same. It's out of your control and you are going to hear words come out of your Sunday school teacher's mouth that could make a sailor blush, and you hope that her gun has been packed up by the movers.


Realtors at this time, it's good to drink a big glass of empathy juice. Never forget that the sale of purchase or real estate is a very stressful event for our buyers and sellers and it often coincides with another very stressful event in our customer's and client's lives.


Some homes have happy closings where the buyer is moving to a nicer home. Even then people are stressed about spending the most amount of money they have ever spent in their lifetime. But most home closings are coupled with some other stressful life event.


Job relocation, loss of a spouse, a new child on the way, health issues and loss of income are just a few examples of other major stressful events that accompany the sale and purchase of a home. That is why some seemingly small problem during the transaction is the proverbial straw that breaks the camel's back.


Real estate transactions have become more and more complicated. To nurture a transaction through selling, financing and inspections to the closing is complicated, and things will go wrong. Today's economy has made the process even more stressful with loss of values, appraisal problems, and banking that has taken a 180 degree turn from the days of free flowing money.


The stresses that our clients face in every transaction are real. Never forget it..

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