Today's Market leads to a Client's Suicide Death

Today's Real Estate Market is so different from past markets. Many Sellers are suffering because they are not able to sell their homes. They may have reduced the price two or three times, and it still did not make a dent. Statistics say some Sellers are just walking away from their homes. We are now starting to see some more homes unattended, vacant, and definitely heading to the foreclosure status.

As a Broker Sales Agent who has served both Clients and Customers for 9 years now, I have done everything professionally in my power to provide a memorable service. On occasion, I get calls from past clients and customers letting me know they are doing well, that they are happy with their homes, and will definitely refer their family members. It is a good feeling when you know that you have done your job well.

But, there does come a time when you have done everything you could to service a client, and unfortunately. that client was so overwhelmed with their circumstance that they do the unexpected. They commit suicide.

I had been providing services for a client of mine about 3 years now and had the opportunity to get to know them well. Whenever there were any housing related problems my client would come into my office; We would sit down and brain storm together how we would tackle the issue. When we were not talking business I had the opportunity to get to know the entire family and even participated in picnics. It was a good and open client relationship.

I had just spoken with my client the day before to let them know about a situation that was occuring at the property they were trying to sell. The conversation went well and I knew it was something that could be resolved. My client had been trying to sell their home now for about 9 months and we just got a breakthrough (an offer). Simutaneously, my client was going through something I was not aware of. Something that was so overwhelming that apparently my client felt the only way out was through death. When I received the disturbing news the very next day that that individual had taken their own life, it was a shock. I knew that my client was a very strong individual and had been through many circumstances in their lives. There is no way, it would have gotten to this extreme. According to the family members, that individual just could not take it anymore.

Who could have guessed that in these trouble times people would choose that option. It is usually unlikely, but with desparate times comes desparate measures. The unthinkable becomes the reality.

I was heart felt with sadness. I was numb. I was upset. I was wondering why they did not come into my office, we could have sat down and battled it out together. Unanswered questions will remain with me throughout the rest of my Real Estate career.

For now, all I can do is hold on to the positive memories of this individiual. Remind myself, that in life we all make our choices. My client decided this was their best choice, and no matter what I have to respect it.

Say Hello to Shorty!

A Short Sale is the best resolution for a Seller who is having a hard time paying their mortgage. The Seller lists the property for less then the amount they owe on the property and once they get an offer, they negotiate with the bank to accept the offer and release them free and clear of any outstanding mortgage debt against the property. Of course, a Seller should acquire the services of an attorney to make sure that the release is accepted and done.

Short Sales are attributes to today's current home sales. They are making possbilities endless. It is a win win situation for the Seller and the Buyer. And better yet on behalf of the Seller the banks are definitely negotiating short sales, so take advantage of today's market.

Buyers if you are really considering buying a home, go for a short sale. Remember that home you wanted to buy in that neighborhood but really couldn't afford. Think again, many buyers are getting the home they always dreamed of and better yet they know that in the long run when the market turns they will be ahead of the game in equity value.