Crazy Sh*t In Real Estate Episode 47: Pam Gebhardt

Summary:

In this episode, Leigh welcomes Pam Gebhardt to the show. Pam is a realtor in the Atlanta area and has been in the real estate industry for more than 26 years. Her crazy story describes a kind deed that went terribly wrong and is, indeed, a tragedy! Listen to hear why Pam no longer gives housewarming parties as a congratulatory gift to her clients.

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Time Stamped Show Notes:

00:21 – Introduction for today’s episode
00:36 – Introducing Pam Gebhardt
00:54 – Pam was trained in Education with a master’s degree in Mathematics
01:01 – It’s her 26th year now, as a realtor in Atlanta
01:58 – This is a true and crazy story
02:12 – Pam lives in a gated golf course community
02:17 – She sells and lists homes around the area
02:21 – When Pam sells a luxury home, she throws a housewarming party for the clients
02:37 – She sold a $2.8M brand new home to friends in her community
02:48 – They closed in July, but her clients didn’t want to do the party until they had all the furniture in the house
02:58 – They called Pam in mid-October for the party
03:03 – They had the caterers and 140 guests ready
03:27 – People were in the house – it was full
03:35 – Pam and the owner were in the basement, in the home theater and bar
03:49 – All of a sudden, Pam and her client noticed a smell – which they thought were people going up and down the elevator
04:10 – Pam suggested to her client to get people off the elevator, which he did
04:21 – They started to see smoke coming out of the cam lights
04:27 – 5 minutes later, all the alarms went off in the house
04:35 – Finally, they decided to go outside
04:50 – There were flames shooting out of the fireplace
05:06 – A person came up and told them to go in front of the house – somebody called the fire department
05:18 – Everybody thought is was funny
05:36 – The firemen advised them to take the cars out of the garage and remove all jewelry from the house
05:51 – People were having fun outside
05:58 – The firemen went up the house with a ladder
06:27 – All of a sudden, all the firemen came running out of the house
06:30 – All 120 guests were outside and they watched the house burn to the ground
06:46 – Her clients lost everything! Fortunately, their old house was not sold and was still furnished
06:58 – The client moved back to their old house and Pam recommended a reputable builder for them
07:14 – Long story short, there was a defective fireplace
07:19 – Pam makes sure that inspection amendments are being chased properly
07:34 – Once the attic is in flames, there’s nothing that can save the house
07:47 – The incident bothered Pam and the people in the community
08:20 – The insurance company reimbursed the money
08:49 – The clients were back in the house in a year and 21 days after the fire
09:33 – The insurance company sued the fireplace company
10:13 – It took Pam at least 2 years before she could talk about it
10:30 – Her client’s father was a fire chief in another city, so he understood the gravity of what happened
10:44 – The buyers now ended up with a much better home than they originally had
12:03 – Pam’s clients made “lemonade out of lemons”
12:32 – Pam now gives paintings instead of housewarming parties
13:17 – Pam has a team of 3 and is located north-northeast of Atlanta
13:30 – Contact Pam on her email
13:50 – Tweet Leigh Brown for your very own crazy story in real estate

3 Key Points

It pays to check, cross check, and triple check the quality of the house you’re buying.
It’s normal to feel guilty for something bad that happens to the house you sold, even if it’s not your fault.
Make sure to have a great home insurance for your home.

Credits

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