Skip to main content

The Waiting (is the Hardest Part)

Full disclosure: this week’s missive is more for the consumer than for the realtor.  I can promise, though, that for all the realtors who read this, you’ll most likely find yourself saying or thinking something along the lines of “preach on, brother”, “testify”, “amen”, or “you got that right”.  With that in mind, I implore you ALL to read on. 

Recently, I received my monthly wireless phone bill, and it was $20 higher than it should have been.  I had made some changes on my plan a little before that, but my monthly bill’s amount was supposed to stay virtually the same in fact, my first bill after the changes was a little bit less than my usual amount.  Bonus!  Befuddled, I called the company and asked the operator to help me understand why my bill was $20 higher and then find a way to get it back down to the price I had been promised when I had made the changes to my plan.  Long story short: the operator with whom I had originally made the changes had promised me one thing, and the billing was something entirely different.  The “new” operator patiently tried to explain the math to me to demonstrate that my new $20-more bill was correct, and I kept politely stopping her with, “I’m not arguing the math that would be like arguing that water isn’t wet or that Kim Kardashian should write a book giving marriage advice.  What I’m upset over is the fact I was promised my bill wouldn’t change, and it did.” 

She kept trying to explain that the math was correct and there was nothing more she could do about the monthly bill amount.  Remaining calm, I said to her, “I appreciate everything you’ve done for me today, I really do, but I do need to speak with a manager.  I truly believe someone at that level is given a little more leeway, and that’s no slam on you.”  Five minutes later, I was talking with a manager, and twenty minutes later, I had a $240 credit (12 months X $20) to be applied to upcoming bills on my account.  All told, this experience took well over an hour yes, an hour of my life I’ll never get back, but I got some compensation out of it.  I would have liked to see the $20/month taken off my bill FOREVER, but I took what I thought I could reasonably get. 

For those of you who are about to wade into the waters of home buying, let this rather strange story help you in your quest.  My goal when I picked up the phone to talk to the wireless company was to get my $20 back in Fantasy Land, that should have taken about five minutes, but here in the real world, it took over an hour and I wasn’t going to hang up until I got some resolution. 

Once you’ve found the house you want to buy and put in an offer, PLEASE DON’T EXPECT it to be accepted within five minutes (or an hour) and be on your merry way.  Your goal is to get that house, but there are a lot of things that will be out of your hands and in the hands of others PREPARE yourself to be patient and know THERE WILL BE COMPROMISES.  This could take many forms: closing on a later date, digging through old file boxes to find that ONE piece of paper the underwriter wants, dealing with a seller’s last-minute request, etc.  Just remember the goal (the house) and what that goal is going to make possible for you: a place to raise a future family, a gathering point for friends and loved ones where you have enough room that you don’t have to sit on laps to watch the Super Bowl, a place without a pervy landlord (unless you’re the landlord, and then all bets are off), etc.  Lastly, remember that your real estate agent IS management: she/he has the leeway to get the deal done (as long as it’s legal).  Happy buying!

Comments

Popular posts from this blog

Numbers Don't Lie, But Wherein Lies the Truth? (Posted November 21, 2016)

Said with enough conviction, you can make almost anything sound true.   Preface the fabrication with “according to a recent bi-partisan government study,” and you’re three quarters of the way to selling the lie to a lot of people.   Seriously, try this. The next time you’re at a dinner party or having coffee with friends, pepper this little tidbit into the conversation: “I read something really interesting the other day.   According to a recent bi-partisan government study – I think it took them three years to get it all done – middle-aged men who drive either a Toyota Camry or a Honda Odyssey have more testosterone than younger men who drive either a Ford F150 or a Dodge Charger.”   You’ll get some raised eyebrows and looks of mild disbelief, but don’t let that deter you.   Just lift up your hands, palms outward, and say, “I just think it’s interesting, and it makes sense when you think about it” – and then change the subject to something completely u...

Couching Your Savings Correctly (Posted July 25, 2016)

I recently read an article online about a gentleman who set a goal to purchase a home and then mapped out very specific steps as to how he would reach that goal.   Personally, I was extremely impressed by his discipline and foresight.   His goal had two parts to it: save $150,000 for a down payment and purchase a home.   Before you choke on your coffee or spit soda through your nose, let me disclose here that the gentleman who is the subject of the article was purchasing a home in the New York City area.   Now that your blood pressure is returning to normal and you’ve spared your freshly ironed white shirt from staining, I’ll give you a breakdown of his plan: •   Starting in 2007, he looked at his annual salary and then took a look at the amount of credit card debt he was carrying; he cut back on as many expenses as possible so he could pay off that credit card debt in the first year.   Touché! •   He kept his lifestyle scaled back to the poin...

Dumb as (or Smart as) a Box of Rocks (Posted June 27, 2016)

Obviously, you all want to know what Brexit means to the economy and the housing market specifically.   So do I!   But since my crystal ball is at the cleaner’s, let’s give the Brits and the European Union a little time to work out the terms of their separation and look at something else.   What’s a “fad ”?   With the help of Google, this is what I got as a definition: “an intense and widely shared enthusiasm for something, especially one that is short-lived and without basis in the object's qualities; a craze.” In April 1975, an advertising executive by the name of Gary Dahl invented the Pet Rock.   The idea came from his sitting in a bar with some friends who were complaining about the cost and time required to take care of various types of pets.   He marketed his “pets” by placing a rock in a box cut and shaped like one you would get at the pet store to carry home a puppy or a kitten.   Along with the box and the rock, a booklet was included...