The Crazy Real Estate Business
I am depressed and feel rejected. If you tried to make a real estate deal and had it fall through in the worst way, you will understand.
We saw a nice little house that we figured we could live in. First step. Let say they were asking ‘X’ price for it. Our real estate guy did some research in the area where the house is located and said..”Wow, this house is priced way over what anyone has gotten on a house in this area for the last 6 months. The most a house has gone for in this neighborhood is X-70,000!
That is a huge difference, don’t you think? So, with the comparable’s in mind, we offer to buy the house at X-60,000. The sellers in say “No way, how about X- 5,000″.
To that offer we say, ” How about X-30,000″. We come up 40,000 from our original offer.
The sellers now, after having an open house and a number of people come view the property say, ” No way, X-5,000 is our deal”.
I haven’t mentioned meeting the neighbor of this property. A single woman, who was bright and friendly when we met her. We instantly liked each other. In fact, she liked us so much, she invited us into her house to view it and asked us for tea and said she would love to have us as neighbors. We felt the same way.
So, with this last ‘No Way’ offer, I held tight inside, and thought, “The neighbor is on our side, something will turn up”.
I was right. After the weekend Open House Showings, where lots of people came, there were no other offers. So, our Real Estate Agent gets a call back from these people….named McHardy. The sellers, McHardy, now offer us X-15,000!
We snatch the deal, say “Yes yes yes”, and sign on the bottom line. The price is way over what the neighborhood has done so far, but we are willing…..in fact, we love the house. We fantasize in our minds where the couch will go, how we will put up a wall in the big front room and make an office. Put up a glass block between the living room and dining and put a beautiful fish tank…..and of course, have the neighbor over for dinner and movies…………. Okay, it isn’t across the street from the ocean. Okay, we won’t have these fantastic views of thunderstorms,but it had a little pool in the back yard and with a bit of a stretch, we could actually afford it!
The papers go back to the McHardy’s for more signatures. We await their return. Damn. The papers never get delivered. After calling us and telling us the price they wanted, they now pull out of the deal! The nerve! Now, they want more money…..X-5,000 and that is it. It’s like they dangled a carrot, they think we really want the carrot and tell us, you want it? you will have to pay more than I said……
This is a crazy making situation. This is disappointing. More than disappointing, this has depressed me for days. We feel lied to and jerked around. (Is that still an expression today? Jerked around). Like a horse with a crazy rider, pulling the reins one way, then another.
Why did they call us back and offer it at X-15,000. We laugh at them and call them the ‘McGreedy’s. And are feeling betrayed. We say ‘ No Way’…..and all our plans are gone….and besides being sad and blue, we are mad as hell.





















