It is not just real estate; any job where you have to depend on others can be frustrating. In our business, every transaction has a multiple players who must be counted on to perform their part. We deal with other agents who represent the “other side of the transaction,” lenders if the property being purchased is being financed, and escrow who is the neutral third party to every real estate sale. There are others but these are the main players we depend on to do their jobs.
This past week we are complaining about the “other agent.” Seems like we have three or four transactions where the agent representing the buyer or seller is asleep or not showing any desire to move the transaction along. This past weekend we fell far behind and were in jeopardy of losing a sale because the other agent who was representing the buyer of a house we have listed decided to go out of town and extend her stay without having any back-up or communication. This morning we are waiting for responses on two other transactions which were promised yesterday morning. What is up with people not doing their job and worse not communicating when there is a delay?
There is a simple rule to increase your probability of success: “Do what you say you will do.”
By the way, check out my local real estate column, “Different Standards From Mortgage Lenders,” over at Rocklin & Roseville Today