Recently, I was told that it was a buyers market and I had to somewhat disagree, and when I saw a copy of
another agents repair addendum, I was floored! A listing agent was telling me this and when I disagreed that it
was a complete buyers market, then she told me to read this.
It was a repair addendum for a listing she had! For the record, they told the buyer where to stick it, because they
knew this was the kind of buyer that was going to sue the after the sale no matter what they said yes too. This
house had been on the market 3 days when this offer came in! $5,000 under asking price, but they wanted to
sell quickly so they took the offer. But, wait until you see what they ask for next!
The buyer then had an inspection and on there repair addendum these are just a few of the items on the 3
pages! There were cracks in the driveway and the buyer wanted the seller to rip up the driveway and replace it
with blacktop. Then two light bulbs were burnt out, so they wanted those replaced as well as two 4 packs of light
bulbs should any other burn out prior to close. OH IT GETS BETTER! Since there was really nice landscaping that
they didn't know how to take care of, they were requesting the seller to pay for landscaping for one year or come
over every month for six months to help them keep it up. Then, to top it off, they wanted the seller to pay for all
their closing costs, prepaids and the additional 1% they agreed to pay their agent in a buyer's agency
agreement! This agent was already getting 3% from the listing agent and they wanted her to get another 1%
because the buyer agreed to pay her 4% in a buyer's agency agreement!
When the listing agent called the buyers agent about this repair addendum, she said "You do know this is a
buyer's market, right?" WOW! I guess I was wrong it is a buyers market! Even the squirrel was jealous of these
buyer,s nuts! Also if you are thinking this was a million dollar property, you would be wrong! It was on a
$210,000 1974 ranch!
Wife's update to my blog:
Q: How do you stop squirrels playing football in the
A: Hide the ball, it drives them nuts!
Todd Clark - broker ** If you would kindly take the time to rate this post, it would be greatly appreciated. **
Kastings & Associates
** If you would kindly take the time to rate this post, it would be greatly appreciated. **
Todd Clark (Broker/Owner)
The Friendly Home Team
Realty Pro, Oregon LLC
I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.
What if there was a way you could search the MLS for FREE just like Realtors
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