whacko characters
Hard Money Lender Part 2: He’s a Rouge Slum Lord
(post by Dee) Remember our previous post about the Hard Money Lender? Well, his story took some interesting twists. After showing his property to a new investor, 2 offers were made, one $50K, another $75K higher than anything he got before – both he turned down the same way… Don’t say no, didn’t counter, and [...]
8Jun2008 | | 0 comments | Continued
Stupid Brokers Part 1: Property Advertising Sign for Sale
(post by BT) It seems the longer I am in this business, the stranger the people I run into. This is what 2 moronic brokers asked me today: “Can we put our sign on your commercial listing and take yours down?” This is how it went. I get a call for a corner property / [...]
2Jun2008 | | 2 comments | ContinuedProperty Seller: No English. Buyer: No English, No Manners.
(post by BT) I have a listing with a seller that speaks no English, Spanish only. A Realtor from another office called me to set up an appointment. He said (in good English) that someone else would come to show the property. The agent who arrives, just like his buyer speaks 2 words of English: [...]
21May2008 | | 0 comments | ContinuedIllegal Basement Apartment: No Lease, No Rights, No More Mr. Nice Landlord
(post by BT) Two weeks ago a neighbor near my office came in and asked if I can give him some advice about his “situation”. His landlord is selling the house he’s renting and he has to get out. His concern was that the owner wanted him out within 3 weeks and he did [...]
18May2008 | | 0 comments | ContinuedNasty Commercial Tenant: Get the Key, Listing Is Yours
(post by BT) I happened to be waiting for an agent in my office down the block from his house. While sitting in my car I noticed a store for rent by owner. Suddenly, in front of me a car pulls up and my realtor instinct kicks in. I know right away [...]
12May2008 | | 0 comments | ContinuedNeighbor Wants to Sell Her House? Or Just Wants to Gossip?
(post by BT) I got a lead from a client of mine who said the lady next door wanted me to call her - she’s ready to sell. Great! I call her to talk property and business, she starts gossiping right away like a local news reporter. Who? What? Why? When? Where? Soon enough, she [...]
8May2008 | | 0 comments | ContinuedHard Money (Loan), Soft Brain (Lender)
(post by BT) Today’s call is from a hard money lender. Definition: hard money is a high-interest, short-term loan for an investment. Caller’s name: Moron! He foreclosed on someone and now has this property, a 6-family building he wants to sell FAST. He does not give exclusive listing, the usual “Just bring a buyer and [...]
30Apr2008 | | 0 comments | Continued
Get Broker Tales by email