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Never Burn Bridges

May 2nd, 2010
Logo of the National Association of Realtors.
Image via Wikipedia

Yo, so I’m checking in once again.  I have a few updates in this wacky world of Real Estate.  But first, I have to burn a few bridges first.  Yep that’s right…I said it.  I burn bridges…whomever said “one should never burn bridges because you don’t know when you’ll have to cross them” was a sissy.

So apparently, I’ve pissed off all of the Champaign County Realtors over the last two weeks due to the practice of blind offers.  I don’t see what the problem is.  Basically, if I know a property has been listed over 150-200 days…I’ll make an offer on it.  Most times this offer is substantially less than what the seller is asking.  BFD!  If there’s seller motivation, then cool, if not, then reject it…this shit isn’t that complicated.

However, a few Realtors that I’ve come across have found it very complicated.  They have balked at my offers and latched onto anything that they could logically object to.  The main question being, “Where did you find the Champaign County Realtor contract”?  My answer being “Google that sh!t”.  See, most Realtors in Champaign, object to any buyer, sans Realtor, using their MLS contract.  Apparently, it’s copy-written and only to be used by members of the Board of Realtors.  The real truth is that Realtors in Champaign object to any buyer, sans Realtor, using their MLS contract for offers substantially less than list price.  I was doing them a favor by completing the contract prior to offer submission.  I guarantee that if my “blind” offers where for 100% of list price, no Realtor would say a word.  They’d just collect their dual-agency commission check and STFU (Google that if necessary and get your acronym game up).

I’ve already psychoanalyzed these folks and came to this conclusion.  Realtors have the legal/ethical obligation to present ‘all’ offers to their client, the seller (in this case).  I took the same classes they did, so I know this.  Therefore, when a guy like me comes around and offers substantially less than the list price, the Realtor hates it!  The main reason being that their client, the seller, is looking at them in the face while they regurgitate my low number. They probably get cursed out. HA!  Sucks to be a Realtor!  I wouldn’t want to do that either.  One of the many reasons I’m not a Realtor.  The seller is going to blame the Realtor, not me, some guy they’ve never met.  But oh well, this comes with the territory and is part of what they signed-up for.  If they want to change their career path, Wal-Mart is always hiring for 3rd shift.

I talked to my lawyer about this issue and it was agreed that this town is just to small for my strategy in this regard.  Everyone knows too much about each other and it hinders business in some cases.  But it’s all good.  I’m still going to make it do what it do, in Champaign and beyond!

“I thought I told you that we won’t stop, I thought I told you that we won’t stop”

*Disclaimer*
All Realtors aren’t lame, just the ones that read this and take offense.

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