Weekly Results

This week ended in little victory and a lot of headaches. My L.A. buyers are so sweet. Although very determined they are a little crazy. Not entirely, them per say. The lender of their choice, YES!

There lender instructed their appraiser to do an appraisal for a property we wrote an offer for. Which is strange because there was no was no accepted offer to perform and to issue an appraisal. My buyers are upset and got mad at me because of there lender, who has proof that he called me 19 times. I spoke with my broker/manager about the problem. Therefore, I wrote the lenders a letter stating that neither the buyers or I are liable for the cost of the appraisal done.

I have a co-worker at the office who is real estate agent and a former appraiser who said, that the appraiser can lose his appraisal license under federal law if he conducts an appraisal without the written accepted offer. Insane! So this is purely stupid in my eyes and honestly a waste of my precious time.

After all this drama. I checked my email earlier this afternoon, and found out that I did not get my offer accepted for my L.A. buyers. We submitted our offer, which was highest and best and did not get anything. Someone submitted an offer stronger! I was a little bit bummed. But its ok because if the other offers falls out they will keep us for back up.

So tomorrow morning, I will show some property all over Los Angeles again. I'm excited to do it. I hope we get some offers in. I'll have my comps ready, offers ready and make it work!