Many of you probably read my first post on this topic a few weeks back. I am happy to say that we are now Under Contract with our home, and we can start moving forward with our plans.
I listed my own home for sale once before, but this time it was different. Last time, I not only listed it, but my buyer clients ended up purchasing it, and thus I was the only Realtor involved. Talk about agency agreements..I was the listing agent, the buyer's agent, AND the seller. Quite strange. This time, a cooperating agency brought the buyers, and so I have had to wear a few different hats. During price negotiations, we were fortunate to have a multiple offer scenario, and I calmly handled that to make sure all parties were given a fair shot. I didn't start getting emotional until the attorney review period (I know most states do not have this), but basically it is a period where the attorneys for both parties "disapprove" the contract, and make the wording as strong as they can to protect the client's best interest. This process I thought would be wrapped up last week, but there were some communication dificulties on both ends, and my attorney added an extra clause to protect me. To make a long story short, I got very emotional today because I was trying to play Realtor and Seller at the same time. It got very difficult for me. I had to reach out to a colleague and ask for some assistance in calming me down.
One thing is for sure. This process has been quite valuable for my business, as it helps me truly remember just how emotional a home sale can be for the clients. I try to always be mindful of my clients feelings during the process, but going through it myself has definitely made me a better Realtor.
I am curious as to how many of you out there have listed/sold your own homes, and what your experiences were. I had some people tell me to have another agent handle it for a flat fee, and I had others tell me that I should do it myself, because it's one less person involved.
I am not sure if I would do this again, but I can say I have learned a great deal from this experience. Thanks for all your great comments about yesterday's post about presenting in person. For those of you who are curious, we are still in negotiations with that particular deal. Have a great day. Until next time.....
Sean Carroll - RE/MAX Classic Group
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