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I got physically assulted by a crazy person at an open house when I was all alone.
New Fairfield, CT
Had a Buyer representing himself as an out of area Realtor. I photocopied his licensing card (OREA) for my file. Offer fully negotiated and proceeds forward to lawyers for closing. My Sellers pack up their house and move to the far side of the country a week prior to closing, middle of winter. Closing day comes and Buyer disappears off the face of the earth. Turns out to be identity theft. Stolen Realtor's licensing card (prior to photos being on them)
A right royal mess all round!!! Police still haven't found the crook and never did return sizable deposit.
(Luckily we get it back on the market asap and I get a new Buyer, at a better price, within 2 weeks)
The good thing about nightmares is that you wake up and they are gone.
New Fairfield, CT
I thought I had not locked the door to the last home visited. Had to turn around. So much for brain farts! Yup! The home was locked.
John McCormack, CRS
a buyer pulled out of a $1+ million contract 5 days before closing on one of my listings.
John McCormack, CRS
Working with a crazy seller and her daughter. A neighbor told me they had their carpet installed 3 times before they paid for the carpet. They always got free or discounted meals at restaurants by complaining. The sale was a terrible experience for me and the Prudential employees, but it did close.
Getting sued because the title company missed a lien on a property.
A developer of a condo project went bankrupt and I had quite a few contracts there.
Working with a buyer who was verbally mean, cruel, and ugly. Was so relieved when I FIRED her!
After two years, the For Sale sign is installed in the front yard.
The owner, shaking and in tears, "I don't want to do this." Then two minutes later, "But I must. I can do this."
And it never got better.
NOT what Marco Giancola said! Realizing that a slew of listings we had at the time were not going to sell or close when the market CRASHED!
Miami Beach, FL
The buyer kept texting me 2 times a day about the side of rooms
Good morning Sally. There was a time period that real estate values dropped 50% in value, that was not a fun time to be an owner.
I am sure that my mind has blocked out the trauma, but I suspect that it had something to do with a renter.
I had two different buyers under contract and the apprasial on 1st home came in 25,000 low and the 2nd home apprasial came in 26,000 low. That was very bad day.
I have run VERY low on gas during a showing spree. I have also locked my keys in a unit after showing the condo.
Dual agency, buyer broke into vacant home 3 days before close and then could not get the loan
I have experienced lots of difficult situations during my career. There was a major fire at one of our garden apartment communities and later there was a flood that impacted the same units.
The buyer passed away on the morning of the closing.
I thought I lost the key I had just used to get into a condo with clients... found it, at the bottom of my purse! After that, I developed a "system".
decades ago, I had a very large sale closing, and the seller insisted on "cash" at closing.... hundreds of thousands of dollars to be carried to the closing at the registry of deeds.... I hired a body guard to accompany us and stay with us at the closing.... what a pain in the ass that was!!
An estate property where the terminally ill brother ( who could not afford to buy his sisiers half of the home) lived and refused to allow the home to be shown. The sister was the executrix and tried to have Him evicted. The brother took her to court to remove her as executrix. The courts removed the sister as executrix and appointed an Atty. to serve as the administrator. The brother never did allow the home to be shown (despite a court order) and passed away a few months after. After he died his son removed a washing maching and by doing so damaged an internal pipe which leaked water and damaged the downstairs ceiling and walls. The home was finally sold.
Sally & David,
Sold a luxury waterfront property. Kept trying to get the seller to re-locate his expensive boat at the dock. He was too busy to get around to it. Full price offer if the boat was included. At joint closing, buyer told seller he didn’t really want the boat he was just jerking the sellers’ chain. A BIG bloody fight was very narrowly avoided.
Ohhh nooo.... It's too early in the morning to ruin my day remembering it.
A buyer showed up at the bank holding his earnest money, asked to withdraw it, and they gave it to him! He did show up at settlement, and he didn't understand the process. Happy ending, but some rather anxious hours! English was not his first language!
Sally K. & David L. Hanson The time I went with my buyer three times to the closing table. He wanted to purchase a commercial building. The underwriter was very uncooperative each time. In the end, my buyer was turned down for the loan not because he didn't qualify, but because the underwriter backed out at the last minute. My buyer was too frustrated to go through the whole process again with another lender. Deal lost!
A commerciall buyer walked away from a sizable deposit refusing to close. He was right for doing so one year later!
I had a seller who got full price offer in one day and was upset because buyers wanted a few window screens repaired. The seller yelled at me as though it was my fault.
Sally K. & David L. Hanson - I appraised an abandoned nuclear power plant for local tax assessment purposes that was 95% physically completed but canceled by the power company after regulatory issues that resulted after Chernobyl and Three Mile Island. The average construction time for a nuclear power plant went from about three years to 15 years! Nightmare, yes, BUT I also learned a lot. It helped shape my appraisal career.