Podcast: Crazy Sh*t In Real Estate TM

Summary:

In this episode, Leigh’s guest, Rosemary Buerger shares how a young couple had to learn a very hard lesson while selling their house providing further proof that you need help and protections in place when it comes to selling your home. Realtors and owners alike need to due their due diligence when it comes to who they allow into the home. This crazy story involves two houses, terrible tenants and $10,000 worth of damage.

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Time Stamped Show Notes:

• 00:42 – Leigh welcomes Rosemary Buerger
• 00:52 – Rosemary says they are experiencing great growth in Fayetteville, North Carolina
• 01:34 – Fort Bragg is located in Fayetteville; Rosemary is a proud, army wife and army daughter and this is what brought her to Fayetteville
• 02:45 – Last year, Rosemary listed a home which had tenants in it and she could not take photos of it at first
• 03:17 – The tenants refused a prospective buyer into the house and her client told them they only have a month’s lease left
• 03:48 – A month later, Rosemary receives an inquiry about the house, but later found out that the caller was inquiring about the tenants
• 04:25 – Rosemary found out the tenants made an offer on the person’s home (the one who called), moved in early paying only the security deposit and then cancelled the contract two days before close and refused to move out
• 05:10 – The couple who owned the house had to hire an attorney and the wife kept asking Rosemary questions about what she should do
• 06:02 – The tenants caused $10,000 in damages, they not only caused damage to the house, but they also had to pay the attorney’s fees on top of having to clean the mess they made in the house
• 06:48 – Rosemary says the tenants did not take care of the house because they knew all along they could not afford it
• 06:56 – Rosemary says agents and consumers have to be very careful in letting people into their homes
• 07:21 – The house eventually was listed and a sale was going smoothly when Rosemary received a call from the buyer’s agent saying they were terminating right before closing, unless the offer was decreased by $10,000
• 08:31 – Rosemary says you have to know who you are dealing with
• 08:51 – Leigh says it is the realtors who know that things like early possession do not work
• 09:31 – Rosemary says there are ways you can protect yourself if you are the buyer
• 10:21 – Consumers have to understand that agents are also protecting the memories of their homes
• 10:39 – There is a due diligence deposit if you want to buy a house
• 11:23 – There are states that do not have laws about real estate
• 12:07 – Leigh says clients should also keep their mouths shut about the stories of their properties because buyers can use it to their advantage
• 13:10 – Rosemary says nobody could anticipated what her client would go through, the young couple had to learn things the hard way
• 14:07 – Call 910-984-6794 or check out Rosemary’s website
• 15:28 – Tweet Leigh Brown for your very own crazy story in real estate

3 Key Points

1. Due our diligence to protect yourself and your home—get to know the people who are buying your house.
2. Ask your realtor what protection you have in place as the one who is selling your house.
3. Do not share every detail or story about your house to those who are interested in your home as they can take advantage of it.

Credits

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

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