Main Line Homes Blog

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Who will tell me not to buy?

This story has been adapted to not reveal those mentioned. It is not located in PA or on the Main Line but it does contain a good moral worth remembering.

A client loved a particular home. They made an offer and their offer was accepted. It was an estate selling the home as is. Home inspections were arranged. Issues arose.

The home was riddled with mold. Water was getting into the basement.  It was going to take extensive remediation to fix.There were also potential issues with the electrical wiring and the home inspector called for further investigation by an electrical contractor. However the inspector said the house was solid and had good bones.

The buyer arranged some further inspections and contractors to visit the house. Yes the wiring needed to be replaced, it was old and was not up to code. But nice house and well built said the electrician.

The contractor visited to look at the issue of water penetration, yes it would need some landscaping and some drainage issues to fix the water penetration. Well built house said the contractor.

Finally the mold remediation expert came by. He looked around and shook his head, it was going to take a lot of work to fix, but it could be done and the house was worth it as it was well built.

Now, the client was handy, the price was a deal for the area, the location was excellent, close to the buyers work, in a good school district, etc. But not once did an inspector or contractor say "Don't buy the house".

In conversation he was intrigued that not once did anyone question his purchase or advise him not to buy. Everyone mentioned how well built or what a great location or words along similar lines.

He was very surprised. So we sat down and said to him, it is your decision to buy or not to buy. Every expert is here to give you information so you can make the right decision for you. They supply you with the data, you make the choice. Not them. It is really irrelevant what they think about the house other than their specific area of expertise. Likewise, it is not our position to tell you to buy or not or what price to offer or pay. Only you can make that decision, we can supply you with the information, the data, explain it and help you feel confident in your decision, but at the end of the day it is your choice. You have to decide if you want to pay the price for the renovations, the remediation of the mold, the updates to the electrical system, the landscaping and everything else and if it is worth it to you.

They went ahead and they were very happy, they got a home in a great location, with excellent equity built in as the repairs were completed and they love their home. It was exactly what they were looking for and they don't regret buying the home, not even once.

But, don't expect anyone to tell you what to do. It is your choice when buying a home, we can all only give you the data and the information you need to make the decision.

If you need help buying or selling a Main Line or Tredyffrin Easttown home we are here to give you the confidence to make the right decisions. Contact me today, Nick Vandekar, Selling The Main Line with Long & Foster Real Estate Inc., office 610-225-7400, cell or text 610-203-4543, Nick@VandekarTeam.com, 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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Comment balloon 31 commentsNick Vandekar, 610-203-4543 • January 15 2019 04:37PM

Comments

Good morning Nick. I'm not sure that this home was in this country but your point is well made no matter where it is. You decide.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) 5 months ago

Can;t be in this business too long, NIck, before a clients asks what we would do in their shoes... that's a slippery slope, for sure. There have been a couple of times I suggested to a buyer that they walk away and both times they did and later thanked me for that advice. Then again, we ultimately also found them properties they liked much better!

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) 5 months ago

Carol Williams my suggestions for Second Chance Saturday.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) 5 months ago

Sheila Anderson the photo of the house is not in the US, but the story is of a house in the US.

Nina Hollander we have advised clients to not purchase, once they disregarded our advice and it worked out fine, other times they listened when they realized we had their best interests in mind.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Nick,

We have several clients who advised their clients not to buy.  They had valid reasons in each instance.  In our commercial real estate practice, we often presented the pros and cons of the location for their business.  We always encouraged them to ask their advisors.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) 5 months ago

Ron and Alexandra Seigel clients always want someone else to make the decision.But the final decision has to be theirs in our opinion.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Hi Nick Vandekar, 610-203-4543 - Ultimately it is the buyer's choice. However if they ask for my opinion I give them their options based on my experience, knowledge and wisdom. 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) 5 months ago

Sheri Sperry - MCNE® love your profile photo by the way. Yes, it is always the buyers choice, and we can give an opinion, but ultimately they have to make the decision for themselves whatever our opinion is.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Yes, we (and the inspectors/contractors) provide all the necessary information and then it is up to the buyers to make the decision. Nice post!

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com) 5 months ago

Good morning Nick Vandekar, 610-203-4543 ,

Glad to see your post featured..excellent story. Ultimately it is the buyer's choice. It is our job to help them gather all the relevant data to make an informed decision. However it's often the case they will ask for my opinion. I always  give them their options based on my experience, knowledge and wisdom and go over the pros and cons. Sometimes I'm compelled to offer my opinion but it's not often.

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.750.6899) 5 months ago

Hi Nick and Trudy:

There is a valuable in your story. Every now and then a client will ask "what would you do" or some variation. While one might appreciate being asked, it's their choice.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 5 months ago

Dear Nick,

Very good illustration of boundaries in our business. We will not be fixing the place up or paying the mortgage, so our advice has to mostly stick to the facts, so our clients can make up their minds for themselves.

Posted by Dörte Engel, ABC - Annapolis, Bowie, Crofton & rest of Maryland (RE/MAX Leading Edge) 5 months ago

Most of the time, we find buyers make the right choice. We also present them with facts and stay neutral unless we know they can get in trouble with something. On those occasions, we let them know what pitfalls they might be in for down the road.  Again though, as you state so well, the final decision is theirs. D 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) 5 months ago

Dear Nick,

So the picture made me curious. Is it in Aveira, Portugal? Inquiring minds want to know.

Posted by Dörte Engel, ABC - Annapolis, Bowie, Crofton & rest of Maryland (RE/MAX Leading Edge) 5 months ago

Thank you for sharing this very important point. We can only advise and not make decisions for anyone. 

Posted by Laura Filip, What can we do for you today? (Laura Filip Broker , Opening doors for All Seasons of Life ) 5 months ago

If a buyer asked me "Would you buy this house?" I would answer exactly as you said. I would lay everything out - but it's never my decision.

Posted by Margaret Goss, Chicago's North Shore & Winnetka Real Estate (Baird & Warner Real Estate) 5 months ago

Nick Vandekar, 610-203-4543 In what part of Portgual is this building?

Posted by Ken Jones, Real Estate Advice & Training (Ken Jones Real Estate Advisor) 5 months ago

Nick Vandekar, 610-203-4543 Glad to see this post featured. We can try and put ourselves in the client's shoes but we cannot make that decision. It does sound like they got the right home...and that is what is important.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 5 months ago

Very true. We can provide info and options for them to consider or discard, but they have to make the decisions. If the inspector or contractor did tell them not to buy it, I would have a discussion with them before providing their contact info to buyers again.

Posted by Mel Ahrens, MBA, Kelly Right Real Estate, Customized Choices for your Real Estate Needs (Kelly Right Real Estate) 5 months ago

Kat Palmiotti very true, people don't like making decisions and always try to pass it off to someone else. But buying a home has to be the buyers choice.

Dorie Dillard CRS GRI ABR and Jeff Dowler, CRS  I wish I had a dollar for every time a buyer asked me what I would do. 

Ken Jones and Dörte Engel looking at my diary from my walk and when I took the photo my best guess is it was walking outside of Anadia, between Lisbon and Porto, it may have been as we walked through Avelas de Camino. It was in dire need of rehab, or total tear down.

 

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Laura Filip very true.

Margaret Goss it is not our decision, it is theirs and they have to own it.

Margaret Rome, Baltimore Maryland they are very happy, and they were able to deal with what was there and they got a great deal.

It is part of our job Mel Ahrens, MBA, Kelly Right Real Estate to provide them with information and options, it is not our job to make decisions for them.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Debb Janes EcoBroker and Bernie Stea JD that is exactly our policy, let them have all the information they need, but at the end of the day they have to make the decision.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Well written and excellent points, Nick Vandekar, 610-203-4543. Never get into a situation of making decisions for someone else. Buyers absolutely need to be comfortable with their purchase in the end - not anyone else.

Thanks for sharing this,
Bruce.

 

Posted by Bruce Kunz, REALTOR®, Brick & Howell NJ Homes for Sale (C21 Solid Gold Realty, Brick, NJ, 732-920-2100) 5 months ago

Nick Vandekar, 610-203-4543  Sounds like you did your due diligence.  

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) 5 months ago

Bruce Kunz it is not our job to make the decisions for the client. However good our customer service that is not part of it, making sure they have the ability to make a good decision that is different, there we will go above and beyond.

Hannah Williams we do our best and whilst we would not have bought this house, it was perfect for these clients and they knew what they were getting into.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

GREAT post Nick, and after 22 years, think only once did I hear a structural engineer tell a client, I wouldn't buy this home, it was very unsound, and thought unless they bulldozed it, it would not stand for 6 months longer.   

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) 5 months ago

Good advice. Whether you said yes or no, it could come back to bite you.

Posted by Marte Cliff, Your real estate writer (Marte Cliff Copywriting) 5 months ago

Joan Cox I have so far never heard a structural engineer or home inspector say a house was falling down, but am sure one day...

Marte Cliff it is always the buyers decision, everything is subjective, only they know what they can handle.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Hello Nick - in my opinion the best decisions are weighing options, knowing the possibilities and understanding the "value". It's rarely or never a "perfect" fit but it's likely ideal based on timing and the facts known at that time.

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 5 months ago

Excellent post!  No matter what any tradesman says, it's the buyer's decision.  I try to frame it like this, there are lots of pieces to the puzzle of buying a home. We can look at the area, price, condition and you can make that decision.  

Posted by Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN (Value Added Service, 602-620-2699) 5 months ago

Michael Jacobs I don't think we have ever sold the perfect house, clients always want to change something regardless of price.

Jan Green totally agree, it is always the buyer's decision.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

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