Podcast: Crazy Sh*t In Real Estate TM

Summary:

If it’s not icicles inside a flooded house it’s a tricky sale with a prejudiced client! Bill Hamburg, a REALTOR® in both Pennsylvania and New Jersey, is back on the show and ready to share another story and some more crazy shit. This time around, he’ll share how he talked someone with a “For Sale By Owner” sign to let him list their property – not without some hiccups, of course! Tune in to hear how Bill marketed a house on a highway, handled a prejudiced client, and overcame a failed septic inspection.

Please subscribe to this podcast in iTunes or in the Podcasts App on your phone. Never miss a beat from Leigh by visiting leighbrown.com. 

Time Stamped Show Notes:

• 00:30 –Bill’s last CSIRE story: “The Icicle House”

• 01:30 – He went to a property and heard a “waterfall”
• 01:50 – Water was gushing from the second floor onto the first from a broken pipe; it was February, the owner had left the water on and there were icicles everywhere

• 02:20 – Introducing Bill; a REALTOR® out of Horsham, PA who is associated with both RE/MAX and Keller Williams

• 03:15 – They started with Keller Williams but a few years ago it made sense to switch over to RE/MAX; in New Jersey they’re new, so they’re still with Keller Williams

• 04:50 – Bill’s CSIRE story

• 05:00 – In 2007 when he was in the business for a little over a year, he saw a “For Sale By Owner” sign
• 05:55 – Realtors know contracts and keep their clients out of court; FSBO sales are tricky and can be difficult
• 07:00 – Bill called the number on the sign and the man said he didn’t need a realtor; Bill convinced him to let him see the house to diagnose why it wouldn’t sell
• 07:35 – He was trying to sell during the downturn; the house was in a good address and was a rehabbed home
• 08:12 – The guy was asking $300,000 but it was too high and on a highway; Bill offered some marketing ideas to improve his chances of finding a buyer
• 09:10 – He talked the guy into letting him list the property and he listed it for $315,000; he got showings and an offer
• 10:40 – The man said he couldn’t sell the property to that person; the septic system failed inspection and the buyer was coming back for repairs 
• 12:00 – The agents were the ones who should manage expectations and get the transaction to close
• 13:05 – In the end it worked out; he didn’t really care who moved in 
• 13:35 – If the house had been sold FSBO, it would’ve been sold with a failing septic system; this raises concerns of the law

• 13:45 – The lesson

• 14:00 – It shouldn’t matter who buys your house; all that matters is if the money’s green
• 15:00 – A REALTOR® is there to mediate the transaction and ensure everything is done properly and fairly

• 15:20 – How to contact Bill: by phone (215) 206-1980 and email bhamburg@pahouselink.com 

3 Key Points

1. For Sale By Owner is not a good idea!
2. It shouldn’t matter who’s buying the house. 
3. The job of a REALTOR® is to facilitate a smooth transaction and keep the clients out of court.

Credits

• Audio Production by Chris Mottram
• Show Notes provided by Melissa Valder

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.