Realtor - Amanda S. Davidson

Sometimes You Have To Cut Your Losses And Move On

Sometimes You Have To Cut Your Losses And Move On

Have you ever decided to fire a client? My guess is many of us have. Fortunately, it’s not something I come across a lot, although there are a few times that I have. An agent on my team recently fired a client and I was so proud of him for doing it. The agent on my team has been in business for almost two years, he works incredibly hard for his clients, and never hesitates to go the extra mile. Even with this client, he helped them move from one hotel to another, loading all of their luggage into his car. That’s just who he is and I love that about him.

 

This particular client wanted to make an offer on a condo and didn’t take my agents advice on what to offer. It was a lowball offer and not based on any of the recent sales. We talked in depth about it and agreed that he would go ahead and write it knowing the odds of it being accepted were really low. I have always believed that if someone isn’t from this area sometimes it takes writing a low offer (only willing to do it once) for them to understand that the current market trends aren’t conducive to lowballing and haven’t been in years. Sometimes it takes hearing the sellers aren’t countering to be brought down to reality and that’s ok. We understand that our market isn’t necessarily like other markets.

 

Firing A Client

 

After writing the offer up he sent it over to his client and then received a laundry list of “terms” this buyer wanted added into the contract in the form of an addendum. All of which were already in the contract. My agent pointed out the clauses in the contract that already covered what the buyer wanted to be added and you know what hit the fan from there. The buyer was adamant about having the terms added and they had to be written exactly as he wanted demanded. I’m incredibly proud of the agent that works with me for saying no. Not only was the buyer submitting a lowball offer, he then wanted language added that wasn’t necessary because it was already all in the contract or addendums included with the contract.


Firing A Client 


This same client had also told my agent that if he wasn’t available on any given day to show properties he would tour them with someone else. There were just too many red flags to proceed. I’m incredibly proud of him for cutting this client loose because I know how hard that is when you’re only in the second year of your real estate career. Continuing to work with a client that doesn’t respect your time or your expertise is never a good idea. There has to be trust and respect flowing between an agent and a client. Although my agent had already invested a lot of time and effort he was smart to cut his losses and move on when he did. Somes losses really aren't losses at all. 

 

 

 

Amanda Davidson Real Estate Group

 

 

      

 

Amanda Davidson

Amanda Davidson Real Estate Group

Broker - Owner
Licensed in VA and DC

6485 Old Beulah Street
Alexandria, VA 22315

Cell: 703.431.3755
Fax: 703.562.7057




Comment balloon 20 commentsAmanda S. Davidson • September 02 2018 05:34PM
Sometimes You Have To Cut Your Losses And Move On
share
Sometimes You Have To Cut Your Losses And Move On Have you ever decided to fire a client? My guess is many of us have. Fortunately, it’s not something I come across a lot, although there are a few times that I have. An agent on my team recently… more
Realtor Safety | It’s Not Just a Concern When Going to Meet…
share
Realtor Safety | It’s Not Just a Concern When Going to Meet Prospective Clients I’ve been thinking about writing this post for months but, for some time just couldn’t bring myself to relive something that happened to me last November. Realtor safety… more
You Passed Your Real Estate Exam – Now What? Part II
share
You Passed Your Real Estate Exam – Now What? Part II Last week we went over what first steps you should pursue after passing your real estate exam. For Part II of the series let’s assume you’ve selected a broker that has the values and culture you… more
You Passed Your Real Estate Exam … Now What? Part I
share
You Passed Your Real Estate Exam … Now What? Part I This might be a question you asked yourself when you first got into real estate and it’s definitely one I get asked a lot by new agents or soon to be new agents. Real estate is unique in that… more
Being A Part-Time Agent Should Not Mean You Give Part-Time Service
share
Being A Part-Time Agent Should Not Mean You Give Part-Time Service Being a real estate agent comes with many challenges and if you’re part-time it comes with an added layer of challenges. I have no problem with an agent being part-time but, what I… more
A Little Kindness Goes A Long Way
share
A Little Kindness Goes A Long Way In many areas the market is tight – low inventory, multiple offers, and rising interest rates put the pressure on buyers, sellers, and agents. When the pressure is on it’s important to remember to remain calm and… more
What Is A Typical Day In Real Estate?
share
What Is A Typical Day In Real Estate? I absolutely love this question because it’s one I get asked a lot and the answer is there is no typical day in real estate. Being in this business requires ninja like flexibility. Sure, I have what I call my.. more
Treat Others As You'd Like To Be Treated
share
Treat Others As You'd Like To Be Treated Real estate is a profession that’s always changing; whether it be effective ways to market, evolving laws, or new technology to learn. If you’re in the industry you know change comes with the territory. One… more
The REAL in Real Estate
share
The REAL in Real Estate I’ve always found it ironic that the word REAL is in Real Estate yet there are so many outlets that deliver fake ideas as to what it is we really do and who agents really are. From the HGTV’s to the Bravo’s to just… more
Can Part-Time Real Estate Agents Succeed?
share
Can Part-Time Real Estate Agents Succeed? There are a lot of people who have dreams of making it big as a real estate agent. Many get their license and want to start part-time in real estate because they’re scared to lose the steady income their… more