When Selling, Let your Agent Find any Contractor for Job Quotes During Due Diligence! Could Save you $$

Written by Posted On Wednesday, 16 July 2014 04:48

Have had two (2) recent experiences where I found it far better for me as an agent to call and line up quotes and estimates on work requested by a Buyer to be done rather than my Seller. Please remember Sellers everywhere that especially right now when all contractors or trades are extremely busy, as opposed to a couple of years ago when they weren't, that it will cost you more to randomly call a subcontractor and pull them off a job for an "urgency" of your own.  Too I see contractors who are trying to "make a living" off home Sellers who seem especially anxious to get beyond a repair addendum and to a closing table!

The first example is a client who has a vinyl clad home in Jefferson, GA.  The home had some issues upon Buyer inspection with some leaking around the base of the siding where it was installed improperly some years before.  It was a simply fix, but the Seller had called "a siding guy" to take a look at it and the next thing you know, we are talking about a quote to replace the vinyl on the ENTIRE house with Hardie plank!?!  That is taking a band-aid on a cut and turning it into open heart surgery!  Not needed! 

The second recent experience came yesterday.  We were told in a repair addendum that there was a toilet leak from under Master Bathroom that needed repair and sewage clean up that was the result of the leak.  After consulting with a plumber that the seller had called, she emailed me to say that the sewage clean up was to be $1800!?!  No, the plumber had not seen the issue. No he had not done anything but throw a big fat number out there!  Makes me wonder if he had done so "not" to get the work, but according to the inspector who I called to discuss this with personally as her agent, correct costing should be more like $300 based on the size of the spill.  

My message is to let your agent work for you.  I know contractors for example.  We were also able to get a warranty, that I had placed on the house for my Seller during the listing period, to repair the leak for $75 not $300.  I also know contractors who understand when I call them that we are trying to get repairs done to sell a house and get to closing, not rebuild the house?  Sellers, if a repair addendum asks for "Items A, B, and C to be repaired," we don't need a contractor adding to that list based on what they feel needs to be done to do the job "better" in their minds.  We need only what the Buyer asked to be addressed to be fixed.  This inspector even mentioned to me on the phone, and again I represent in this case the Seller not the Buyer, that he could not see the flooring under the bathroom floor. He could tell there was a leak, but could not see if the flooring was damaged.  He said he did not "want to pull the insulation away to check the floor."  Well, that is his job!  It is not mine nor my Sellers to check the flooring.  The Buyer wanted the leak fixed and wanted the spill cleaned up per what they provided to us in writing requesting certain repairs to be done prior to closing. That is it! We don't go beyond what we need to do to make sure we are addressing the items requested of a Seller within an inspection addendum.

Let your agent do the work.  This is another classic example of how an agent can probably save you money. Not just cost you fees to list a house! We were successfully able to reduce a total of a $2100 repair "guesstimate" from one plumber down to $325 of real repairs due to the warranty I put on the listing as part of my listing services at no cost to my Seller and out of having some contacts with trusted contractors who do work for my clients and know me. 

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Hank Bailey

Hank was born and raised in Athens, GA. He moved to Oconee County in 1984 and has been a resident ever since! Hank started his career in 2005 so he's been on the roller coaster of both up and down markets. Throughout Hank's real estate career he has learned many lessons. He values doing a good job and doing it the right way. His motto is "hard work is not to be applauded, it's to be expected." As he tries to be a good student of his business, he watches trends in every angle of the real estate business, including having an eye to look for and identify the quality of construction on newly renovated flips to new homes.

Also being in front of the MLS or multiple listing service daily on three different MLS platforms (Georgia MLS, FMLS, and Athens MLS) he knows comps, keeps up with new listings, and knows the markets. Having experience for years as an Accredited Buyer's Representative he is adept to knowing what inspections are needed and the right inspector or contractor for the job! Finally, his most fun is negotiating with buyers and sellers. After almost 500 closed sales in his career, he has a lot of experience doing it! In 2010 Hank emerged as the #1 agent with Prudential Georgia Realty, Hoschton, GA. From that point on he has been the #1 agent in each office he has been apart of through 2017. He also is a member of the RE/MAX Hall of Fame, a lifetime achievement club Hank attained in just 3 years!

Hank's key attributes include his dedication to his clients, responsiveness, hard work ethic, and last but not least, his knowledge of how to market residential real estate. He has an unparalleled desire for every client he represents to be part of his extended family, and he has a true commitment to do anything to help them achieve their #housegoals !

www.hankbailey.com/

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