I wanted to comment on this.  Because buyers, sellers and all industry people need to acknowledge that the human apsect, the “American Dream”, has been pretty much stomped for many people out there.  The San Diego Real Estate market and industry… and frankly the entire California market I would say…  has morphed into a difficult, un-feeling, jammed, and dis-jointed beast.  Honestly…. from the front lines of the industry I can say that, sadly, the BANKS are running this show now.  I would guess that between 75-85% (very possibly more!!) of our current inventory is made up of short sales and foreclosures.  Which, you guessed it, require a bank representative to approve a sale.  We agents are losing our capability to deliver a true fiduciary service to our clients.  The good agents are fighting tooth and nail to do so.  Today is the time of the REO and Short Sale offices that WON’T even take a phone call from a buyer’s agent!  Many have convoluded answering systems that don’t have the “press zero to speak to an operator” option.  So we’re left emailing constantly.   And then we have clients, friends and relatives that are facing a very near mortgage interest adjustment meaning much higher payments or a true hardship (I know about a dozen people who’ve been layed off or received reduced hours) and the banks say don’t qualify for a modification. 

I still humanize every offer I submit, writing a concise yet thorough cover letter detailing my client’s situation and providing a few personal details about their family, hopes in home ownership and intent.  I know there’s a human being somewhere that will see the offer and I just hope to spark some sense of compassion…  a reflection of how much home ownership (or any other dream of prosperity) has possibly meant to them and their families. Let’s bring the human aspect back into real estate….  I do believe it will take some time….  the time needed to relinquish the current corporate grasp that is currently choking the industry.

Tara

This entry was posted on Tuesday, August 4th, 2009 at 3:55 pm and is filed under Advice. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.