William's Blog...with a smile!

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You should have hired a professional...

A few weeks back, My buyer had an offer accepted.

We ordered a home inspection.

We then made a list  of issues (not petty ones.)

After the repairs were made we had the right to re-inspect.

 

The home owner did the repairs himself...   BAD DECISION!!!

Most of he issues were worse than when we asked for repairs.

The guy admits he is no handy man.

So, WHY DIDN'T YOU HIRE A PROFESSIONAL???

 

Said that he could not afford to.

Well, we offered to  take the home  As-Is.  At a price reduction.

The seller agreed and his loss was around $10,000.

 

A professional would have cost under $1000.

 

Trying to save a dollar by pinching a penny seldom works.

Comment balloon 11 commentsWilliam Feela • July 13 2017 04:03AM

Comments

So true!   I see the same thing over and over again when sellers don't want to spend say $2500 on paint but they end up discounting $10k because of paint! 

Posted by Shanna Day Team Leader (UT & AZ), Keller Williams Realty (Keller Williams SLC (UT) and Keller Williams Realty EV (AZ)) over 2 years ago

William Feela - what is that saying? Penny wise and pound foolish!

Posted by Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (LAER Realty Partners) over 2 years ago

Good morning William.  A good deal for your buyer, a bad decision for the seller.  Lesson learned I'm sure

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty) over 2 years ago

Hi Bill... fortunately our repair agreements are an addendum to our contracts and call for professional remediation. But talk about penny wise and pound foolish!

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) over 2 years ago

Good morning William Feela ,

We solved that problem with addressing repairs in our contracts to be done by a professional..no more repairs done by the seller who in most cases has no clue!! Some just don't get it.

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) over 2 years ago

Good morning William. Amazing. Some folks just don't get it. Good break for your buyers. Did the storm hit you?

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 2 years ago

Good morning William. Sometimes you should just bite the bullet! It is more cost effective. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) over 2 years ago

I have seen this also where the repairs are worse than the issue was.

Posted by Vern Eaton, Realtor 651-674-7449 over 2 years ago

Homeowners often make bad decisions in making their own repairs.  I remember one seller, who "retextured" a ceiling after a roof leak.  It was the worst mess I had seen.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) over 2 years ago

Our amendments after an inspection say things like....Licensed Electrician,

licensed anything to avoid the homeowner from making a bad thing, worse !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) over 2 years ago

Unfortunate that he did not get competent help for these repairs, but having a licensed contractor is never a guarantee either, I have seen more unlicensed contractors do a superior job to those who paid their fee to the state.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities) about 2 years ago

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