Walk a Mile in Their Shoes– and then tell me what you’d like to do

by barbfischer on February 21, 2010

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Dear Seller, do you know how hard it is for a VA or FHA buyer to get an offer accepted in most markets today? All things being relatively equal, would you perhaps consider helping a vet, maybe as a way of thanking them for their service to our country?

Dear Investor, now that the FHA anti-flip rule is gone, you could create an entire niche of buying/fixing/flipping homes for an eager ready-made audience of FHA and VA buyers. Remember when you were struggling to get to where you are today? And now you’ve got money and you’re able to buy… it’s a great feeling to “share the wealth”.

Dear Bank, when will you please acknowledge that most buyers will not, and can not wait 5 months or more for your decision, and that prices will fluctuate during that time? And that short sale sellers would just love to get on with their lives. Most of you only exist today because of a generous bailout. Collectively you now have millions and millions of extra dollars because the feds manipulate the rates… would you be so kind as to start lending again?

Dear Buyer, if you’re serious about buying a home, this is a long-term investment, so quit trying to “get a deal”, because you already are! Do all your financials upfront, know your criteria, see the house right away, write your best offer the first time, and respond to counters quickly.

Dear Agent, please quit listing homes for ridiculously low prices when you know it will up-bid for tens of thousand more. Please don’t collect dozens of offers when you know there’s no way you can respectfully manage more than a few. Oh, and P.S. We all love it when you answer your phone and return calls promptly.

Dear Everyone, emotions can kill transactions, and dreams. Don’t get into a tiff, and remain cool, calm and professional (buyers and sellers too). We all need to think big and keep our eyes on the goal ahead and get the results we all want. All of us are in this together, and this foreclosure market IS the new traditional market, for awhile at least. Let’s make the best of it!