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Cheap Foreclosures in the Moonlight

Cheap Foreclosures in the Moonlight

It happened again last week.  I bumped into a family at a restaurant and upon learning my occupation, the wife approached me with that dreamy look in her eyes and said “Real estate... you must have so much flexibility!”  I begrudgingly admitted “Yes, I do.”  I didn’t elaborate.  I didn’t want to encourage or discourage her, as she had "the look" in her eyes.  You definitely know when someone wants to get their real estate license  when they approach you and mention the “flexible hours" or tell you that they “love looking at houses.”  I suppose the desire has to originate somewhere.

 


However, that day I felt it best to say nothing more.  After all, it was Sunday afternoon, and she and her family were enjoying a nice brunch after church and probably about to retire to an afternoon and early evening of game watching activity.  My husband and I, on the other hand, were being “flexible.”  I decided to close my open house 15 minutes early so we could make the last seating for lunch.  After that, we had to figure out how to do our weekly grocery shopping, and complete BPO pictures before darkness hit as we did not have enough daylight to do both.  We were just discussing whether we thought our perishables might make it through the proposed trip when I bumped into this happy group.  In the end, we opted to complete the assignment and possibly eat canned and freezer burned food until our flexible schedule would allow shopping next Sunday.



As I went through the next week, I reflected on all my flexibility.  I called short sale lenders at 8am because that is when they are most likely to answer the phone.  I skipped lunch so that clients who could sneak away at lunch to view properties could still make it home in time to have dinner with their kids that evening.  Each day I ate dinner at 4pm or 8pm because many of my clients got off work at 5pm and I needed to be flexible and show them houses.  And after 8pm, I stayed up writing offers, so that my clients could e-sign them that evening before the next day’s demands.  That weekend, I held an open house and still managed to show homes with disgruntled tenants and day sleepers, as well as empty REOs that required bank pre approvals and signed mold waivers just to view.  

 

Indeed, flexibility is also required when trying to find "a deal" for your clients too.  That same week, I had a client who was willing to drive two hours to view a home that same night, a juicy foreclosure deal that popped up at the last minute.  So I had to be flexible and show this home in the evening.  We had to play Marco Polo to find each other in the dark on the street and then I suddenly realized that the home was actually already being shown -- it's just that there was no electricity.  The other real estate agent kindly offered me his flashlight for the viewing.  Fortunately (and sadly), I was prepared and went back to my car to retrieve my  own flashlight.  


I love what I do; however, I wonder if people understand that flexibility sometimes means looking at cheap foreclosures in the moonlight.


Tni LeBlanc is an independent Real Estate Broker, Attorney, and Short Sale Agent. She has successfully completed short sales with Bank of America, Wells Fargo, CHASE , GMAC, Seterus, IndyMac, CitiMortgage, Green Tree Servicing, Specialized Loan Servicing,  HomEq Servicing, Wachovia, Coast Hills Federal Credit Union, Select Portfolio Servicing, Fannie Mae, Freddie Mac,  and others.  

* Nothing in this article is intended to solicit listings currently under contract with another broker. This article offers no legal or tax advice. Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement.  Tni LeBlanc and MInt properties are not affiliated or endorsed by any lender.

Copyright© 2013 Tni LeBlanc *Cheap Foreclosures in the Moonlight*

Tni LeBlanc, Broker
(805) 878-9879 mobile/text

tni@mintprop.com
www.MintProp.com
CalBRE #01871795

Comment balloon 32 commentsTni LeBlanc, Realtor®, J.D. • January 21 2013 04:34PM

Comments

Yeah, our schedules are as flexible as our business will allow and sometimes that means not at all!

Posted by Vern Eaton, Realtor 651-674-7449 over 6 years ago

Tni:

Wonderful post. Too true. Flexibility for everyone schedule but yours. Keep up the good work. 

Posted by Alan Kirkpatrick, Alan in Austin (Austin Texas Homes) over 6 years ago

You are so funny, big "suggest" from me on this post. Yes, we do have some flexibility, but we also pay our dues.

Posted by Karen Fiddler, Broker/Owner, Orange County & Lake Arrowhead, CA (949)510-2395 (Karen Parsons-Fiddler, Broker 949-510-2395) over 6 years ago

Well put, Tni! As a reward for that flexibility, we get paid all of the commission they see on the HUD1. (Minus the co-broke, minus the company split, minus taxes....) Flexibility, by the way, is also why they feel completely free to call on Christmas Day, MLK Day (my phone rang all day), and on Sunday morning...

Posted by Liz Lockhart, GRI, Cape Girardeau Real Estate (Riverbend Realty, Cape Girardeau, MO) over 6 years ago

Suggested!  Lol...you really spell out all of our "flexibilty" to those who want to enter this line of work....ahahahaha.  Terrific!

Posted by Brenda Mullen, Your San Antonio TX Real Estate Agent!! (RE/MAX Access) over 6 years ago

Tni:

So true. Flexibility for everyone's  schedule but your own.  I think we should all become a little less flexible in the year ahead!  LOL

Posted by Joan Whitebook, Consumer Focused Real Estate Services (BHG The Masiello Group) over 6 years ago

Vern - Exactly!

Alan - You definitely have to find a way to make all this flexibility work!

Karen - Ain't that the truth!  Thanks for the suggest!

Hi Liz - Yep, there are a lot of minuses to those numbers.  Yes, my phone rang all day too.  I did draw the line at showing property today.  I did want to honor Dr. King.  But, I did sit at my home office desk drafting a response to a multi offer situation too.

Thanks for the suggest Brenda! As real estate agents we provide service! That require a lot of flexibility indeed.  

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

Tni, So you don't consider dinner at either 4:00 or 8:00, flexibility?  

Posted by Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411 (Certified Realty Services) over 6 years ago

Tni,

I wonder why the life of a REALTOR® looks so appealing from the outside? She also needs to understand the "flexibility" of not getting paid can be vexing at times.

Rich

Posted by Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate (Coldwell Banker Residential Brokerage) over 6 years ago

Hi Tni.  In this day and age we are expected to be available 24/7.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 6 years ago

Tni, this is the truth and then some!

I tend to work to varying degrees 7 days a week.   On a Friday afternoon last summer, I went out to the pool for an hour or so.     An acquaintance learned of my "leisurely" afternoon and out came the flexibility card.  

Howling at the moon!   Brian

*suggest*

Posted by Brian L. Sirota, Esq., For Solutions: (714) 501-7660 (Bristar Realty (Realtor/Attorney)) over 6 years ago

Joan - Maybe for peace of mind, yes!

Lloyd - Well I know my family sure would appreciate some "prime time."

Richard - That's the truth, that's the least fun thing to be flexible about!

Conrad - I know, what can we do about it?  I'm getting text messages at all times. 

Brian - Thanks for the suggest!  Yes, people catch you doing something maybe once at a time when others are working and they think that is how you spend your day.  I might be at Macy's at 10am on Tuesday because that is the only time I will be able to go! 

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

Tni: Very good point! That is the side of real estate that no one wants to talk about--that look that she had in her eyes?? I'll bet you anything that look would appear even when you tell her that story about the real schedule you have!!! ....and she would think you were stretching the truth too. People really do not know what we go through--no one can until they end up here in this great profession! Thnaks for a terrific post...

Posted by Paula Hathaway, REALTOR, LBA, ...The Most Informed Agent In The Hamptons! (Douglas Elliman Real Estate) over 6 years ago

Dear Tni: To be flexible in our time management is part of being a Realtor. For me it requires a lot of patience & understanding in an age where people want it right now & will leave you if I cannot meet their time demands. You sound very intelligent & you must have a lot of patience. I try to follow your example,  sINCERELY, jIMMY fAULKNER

Posted by Jimmy Faulkner, The Best Of St. Augustine (Florida. Homes Realty & Mortgage) over 6 years ago

Well, Tni, I gotta say.  You work a whole lot harder than I do!  Good for you.

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) over 6 years ago

The License is easy it is the work after the License that is work.

Posted by Chuck Mixon, Cutler Bay Specialist, GRI, CDPE, BPOR (The Keyes Company) over 6 years ago

Yes you gotta love it! You didn't at all mention the flexible pay, that one will put stars in their eyes!

Posted by Sherry Chastain, Realtor, Selling Homes, Lake Properties,Luxury Homes,Short Sales (Hendersonville, Nashville, Old Hickory, Lebanon Tennessee) over 6 years ago

Tni - I love the photo with the six arms.  It's just so appropriate.

Posted by Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M (Donovan Blatt Realty) over 6 years ago

Paula - I suppose that it is nice to be in a profession that is idealized by many.  Still it is funny that people who work set schedules don't realize what flexibility entails!  I wasn't in the mood to bust any bubbles!

Hi Jimmy - So true.  I am in communication overload most of the time.  This message then that message then another.  You have to stay flexible and keep up with it all!   LOL.

Hi Pat - I doubt that!  But yes I do work hard,

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

Chuck - Very true!

Sherry - Yes flexible pay on top of it all!  

Christine - Thanks I thought so too! 

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

I'm sure the kids, if there are some, would like "prime time" with mom.  Nonetheless, they're learning a valuable lesson by watching hard-working mom.  Don't get a RE license.  Just kidding.  Kids learn by modeling their parents and you're teaching yours that sometimes hard work, long hours, inflexible schedules are necessary to provide a good life for loved ones.  They'll appreciate those lessons for a lifetime.  My guess: your mom had a schedule like yours when she was your age.  That's modeling.  

Posted by Lloyd Binen, Silicon Valley Realtor since 1976; 408-373-4411 (Certified Realty Services) over 6 years ago

I know the feeling, answering emails from my phone at 11pm while lying in bed and checking them again as soon as I wake up at 5am on my way to the gym.  I've been so "flexible" I haven't taken a day off in 2013!  I think flexible usually just means "pulled in a lot of different directions!"

Posted by Marc McMaster, Putting my clients before myself (RE/MAX Centre Realty) over 6 years ago

I absolutely love your style of writing.  

I am so flexible, that I can work all the time!  In fact, I was working yesterday (on my day off HA!) until about 10:00 pm.  

Real estate is what you make it.  I see guys working 20 hours a week and having a ton of flexibility.  Then I see the rest of us.  Good post.  :)

Posted by Amanda Christiansen, Christiansen Group Realty (Christiansen Group Realty (260)704-0843) over 6 years ago

Most of the activities we have is from 5-9p.  The sad part is alot of agents don't wonk after 5 or 6p.  I have shown houses up to midnight before.  Out lockboxes shut down at 8 or 9p (however they are set up) and I had to run around town and drop all the lockboxes before 8p and waite for our client to get into town at 9p ( He flew in from out of state) and we saw houses till midnight. 

Posted by Steve Warrene, Pittsburgh Real Estate Investment Specialists (Your Town Realty) over 6 years ago

I totally understand.  Just this past Holiday Season, I was working with a tenant that was relocating from California and wanted to be in her new rental on December 29th?? Now imgaine all of the leg work that I had to do in order to make this happen? including trying to get her wiring instructions on Christmas Eve, being at the intended property the day after Christmas in 20 degree weather, not to mention the property had no heat.  And after all of that, she decided that she didn't want the property after all. 

SURE I have a flexible schedule!!

Posted by MeLisa Minter, Realtor, Bay Area Houston Real Estate Agent (Minter Real Estate Services) over 6 years ago

Hi Tni,

You shed a very funny light about the reality of the life of a real estate agent.  And you give us a good laugh in the process.  Thank you for sharing!

Posted by Jordon Wheeler, J W Group Real Estate Sales and Service (The Jordon Wheeler Group) over 6 years ago

Lloyd -  LOL if only I had some kids!  I'm too busy selling real estate!

Marc - I definitely get what you are saying.  My phone rang at 7am the other day and I just thought, days, nights, weekends AND mornings?!  Let me get some Starbucks first!  LOL.

The Chistiansen Team - Thank you!  Yes, I just finished writing my last offer of the day about 10 minutes ago.  Now I'm trying to get a jump on tomorrow!

Steve - you are a champ!  And so FLEXIBLE!

MeLisa - Wow!  Christmas Eve -- did you get over time for that?  Nope!  

Jordon -  Glad you like it.  It;s not what people often think!

 

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

Tni~Ahh, yes! I was flexible all day yesterday (Saturday) showing houses to one client and negotiating counter offers for another. As I wished my sellers a happy weekend, the husband said, "You, too, but it looks like you are working." I admitted that I sometimes feel a bit jealous when I wish someone a happy weekend. When I showed up again last night, at the club where the sellers were relaxing, with yet another counter offer, he gleefully said, "Have a great weekend!" and winked.

I told him that I thought I'd take Sunday off, a needed break since I fell and hurt myself while enjoying Saturday's showings. My "flexible schedule," though, found me at the sellers' doorstep once again (today on Sunday in the rain, no less) with the final counter offer. We are under contract NOW and my sellers seem to GET IT about my schedule.

Posted by Liz Lockhart, GRI, Cape Girardeau Real Estate (Riverbend Realty, Cape Girardeau, MO) over 6 years ago

Hi Liz -

So nice when clients have that realization moment about "flexibility."  I attended a home inspection on Sunday that started at 9am (and the time just went forward an hour) and got an emergency call to write an offer that afternoon while I was preparing to go to Home Depot for plants.  

My plants sat in the truck outside my office while I went in to write this offer.  We got an accept this morning and that helps dealing with the fact that my Sunday was lost!  Just another day in real estate!

Tni

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

Tni

I was looking at of all things the number of Suggested Posts of those ahead me in California on the list of points for all agents in CA on AR. Saw you had the most, thus I am here and the reason for this comment. Reality at its best is all I can say, and I wish you more peaceful times, cheers cvc

Posted by Curtis Van Carter, Your Napa Valley Broker Extraordinaire (Better Homes & Gardens Wine Country Group) over 6 years ago

Hi Curtis,

That's news to me that I have the most of anything at AR!  There are dozens of agents who are from CA that have more points than me.  Didn't know you could check suggested posts -- I must be out of the loop.  Nonetheless -- glad you stopped by.

Cheers,

Tni

Posted by Tni LeBlanc, Realtor®, J.D., Tenacious Tni (805) 878-9879 (Mint Properties, Lic. #01871795) over 6 years ago

Hi Tni, it is true that in our profession having flexibility is one attribute that we should have. Learning and having to multi task requires time and concentration to balance everything. Thank you for the insight.

Posted by Erika Rogers, St George Utah Real Estate & Relocation Specialist (Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage) over 6 years ago

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