Ok, stop me if you’ve heard this one...

A day before closing, a man and a woman go into a bar to conduct a walk through. The man says to the women, “Where are the washer and the dryer?” The woman says “I don’t know, they must have gotten clean away!” Alright, bad joke, but worse situation. This just recently happened. The tenants took the washer and the dryer. The listing associate knows nothing about it.

After a few hours and a few phone calls, the tenants brought the washer and the dryer back, broken! The latch to the front loader washer must have been broken when moving them. What to do, what to do?? Well, in this case the buyer accepted it, but what if they didn’t? Do we escrow funds for the repair? Do we ask for a credit? What will the mortgage company say? Do we hold up the closing? Please don’t be thinking that the sales associates should just pay for it! I always say, “If it’s my fault, I’ll pay for it, but if it’s not my fault, then it’s between the buyer and the seller.” Now, have I paid for things in the past? Yes, I will admit that I have, but this should be the last resort and for not a lot of money! Most of the time, these things can be negotiated between the buyer and he seller. Here’s where your negotiation skills come in handy! And a little common sense also comes in handy!

If you would like more information, contact me. 

I’m Ric Giumenta. You can have a good day or a bad day. It’s your choice. Make good choices.