Most of the time our job is to sell homes, either representing the buyer or the seller. We guide the buyer client through the transaction, we might suggest some local lenders who know the market, so they are approved and in a stronger position when it comes time to make an offer. We sit down and discuss the areas they want to look. We ask them what they are looking for and how they are going to live, are they indoors or outdoors people, with kids without kids, what about pets? All this we use to guide them to the right home. When the market is hot we have to encourage them that they will find the right home at the right time.
For sellers we have another role, we provide comparable sales and homes for sale so they can price their home correctly. We advise them on how to prepare the home for sale and explain the multi step marketing plan we are going to implement to get their home sold.
But sometimes buyers jump and get it but as they move forward they realize this is not the right home. They might find they have lost a job and cannot get a mortgage. Sometimes it is just that doubts arise and the client wants out. Sometimes the seller changes their mind or cannot find anywhere to move.
Then our job changes. It becomes one of extrication from a contract. Our PA Agreement of sale is very buyer friendly and gives them multiple steps to exit the agreement if the correct steps and timings have been followed as we are a time is of the essence state. You need to understand the contract and what it says and who gets the deposits and when.
It is disappointing for both sides, the seller who thought they had sold their home and the buyer who thought after weeks of searching they had found the next place where they were going to live with their family.
Emotions sometimes run strong, but if both agents can advise their clients this is a time to move forward and to understand the other person's position everything can be resolved. It might not be entirely amicable, but that is another reason why you use agents, to help the process along without people saying or doing something rash.
If you need help selling or buying a home on the Main Line contact Nick Vandekar, Tredyffrin Easttown Realtor, Selling The Main Line with Long & Foster Real Estate Inc, office 610-225-7400, cell or text 610-203-4543, Nick@VandekarTeam.com, website www.SellingTheMainLine.com.
If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you, contact us or connect
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