Podcast: Crazy Sh*t In Real Estate TM

Summary:

In this episode, Leigh interviews Jennifer Langston from Kansas City, Missouri. Jennifer shares her disheartening experience with an “incarcerated listing” and the events that unfolded that caused her to lose the listing. Listen as Jennifer discusses how this entire process changed Jennifer and her business practices to better prepare for “the worst scenario”.

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Time Stamped Show Notes:

• 00:21 – Introduction for today’s episode
• 00:30 – Introducing Jennifer Langston from Kansas City, Missouri
• 00:39 – Leigh knew Jennifer from the internet, then they met in a senior citizen’s center
• 01:20 – Jennifer shares about an incarcerated listing
• 01:36 – Jennifer found out along the way that the seller was in jail
• 01:50 – The listing was a 1900s farmhouse, in Kansas, that needed a lot of work
• 02:21 – In Jennifer’s 20 years in the business, the farmhouse was in the worst shape she’s ever seen
• 02:26 – Jennifer started with a conventional renovation loan
• 03:35 – The agent wasn’t truly honest about the seller’s incarceration status
• 04:20 – Jennifer’s buyers started asking her questions about the seller because they googled the seller
• 04:45 – Jennifer confirmed the seller’s incarceration with the seller’s lawyer
• 05:35 – In the process, the listing agent had a higher backup offer and did everything to throw Jennifer’s offer out
• 06:20 – Jennifer’s offer got kicked out because of issues with the power of attorney
• 07:00 – The listing agent did something unethical
• 07:31 – Jennifer shares how disappointed she was with the transaction
• 09:12 – Leigh shares that the consumers are not aware of what realtors have to go through
• 09:45 – Jennifer discusses the impact of how people treat each other
• 10:29 – This experience changed Jennifer’s perspective
• 12:10 – Reach Jennifer at 816-405-2439 and her website
• 13:27 – Tweet Leigh Brown for your very own crazy story in real estate

Key Points:

1. Do your due diligence on the listing agent side RIGHT from the start, so that your set-up well for your contract.
2. Treat mistakes as a way to improve yourself and benefit your next customers.
3. Work at a higher standard and be mindful of the way we treat each other.

Credits

• Audio Production by Chris Mottram
• Show Notes provided by Mallard Creatives
• Cover Design by Two Minds Design
• Original Music by Rimsky Music