My 22nd closing of 2013 is a bummer :-(

Today is kind of a sad day for me.  See, I am having my last closing with a repeat client/friend that is moving out of town.

I met Gerald at a listing I had several years ago.  I could tell he didn’t like Realtors that much.  He didn’t see much of a use for them.  I can’t say that I blame him.  He is a pretty sharp guy that kept me on my toes with every question he asked.  He stretched me a lot and made me a better agent as I worked hard to keep ahead of him to show him I had something he needed other than opening a door.

The first house he bought from me was a foreclosure.  He has always had this plan to buy something at a low price that he can fix up and make money on.  This first house was in a perfect location and was in awesome shape for a foreclosure.  We got the house in multiple offers.

Gerald and his wife fixed up that house and had me list it.  I was amazed at their skills in decorating and knowing where to spend their money.  In fact, they are much better at both of those than I am.  They are the type that can take a normal room and spend $500 to make it look like the dropped more like $5000.  Needless to say, that house sold quickly in the terrible market we were in back then.

After this, we looked at several other houses.  There was one in Nicholasville he liked.  He saw it at night and with snow on the roof.  We wrote an offer.  Come inspection time, the snow was gone and we could see the house better.  It did not inspect well.  I told him that the house needed way too much work and it didn’t really fit his model of finding a good house and adding value to it for a profit.

So, we ended up buying a house in southeast Lexington.  The process of that one was a nightmare.  A local investor group had bought it at the Master Commissioner sale and did not have title to the house yet.  They then realized they sold it to us for pretty cheap and thought they could force us into paying more or backing out of the contract.  One of the owners called me and gave me 3 choices of what we could do.  I told the dude that while I appreciated those options, we were just going to stick to the contract we all signed.  After the biggest professional battle of my career, Gerald and his family got the house according to the terms of the contract.

Soooo, Gerald has me come look at the house this spring.  Again, I am amazed at their talent.  The place looks awesome.  I mean, it is like something on HGTV where you take an old outdated kitchen or bath, keep the expensive to replace items and somehow add just the right new stuff to make a negative into a positive.  It would not surprise me to see them on HGTV one day.  Heck, they even made pink tile look cool??

Again, the house sells quickly because we price it right at market value and it looks so sweet.  We start looking for houses, and Gerald accepts a really good job about 80 miles away.

I will really miss Gerald and his family.  I’ll miss working with him.  I will miss the occasional email about a house he saw that he wants to flip.  I’ll miss going out to lunch with them.  But that is okay, because I know he will be happy with his new job and I know he has an awesome future ahead of him.

So, I may be a little glossy eyed tomorrow at 9 because I will miss a good friend who has been a pretty important part of growing me as a Realtor.  I won’t be able to say this tomorrow, but………

Gerald, thanks for your friendship.  Thanks for sending me everybody you’ve ever met who wants to buy or sell a house.  I know you have a great future in front of you, and I know it involves real estate.  You know too much to not either be a Realtor or an investor some day.  You are a good man and I will miss you and your family…….and I hope you read this tonight so I don’t have to say this in the morning!

One thought on “My 22nd closing of 2013 is a bummer :-(

  1. Great post John, enjoyed reading it. On Jun 27, 2013, at 11:05 AM, Lexington Ky Real Estate Blog-Heavy on the Real Part wrote:

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