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Ambassador
4,256,027
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I had a seller terminate a Contract - a no-no in NC. My buyers used my real estate attorney to recoup 100% of their costs, including attorney fees.

The good news - my buyers found a home that they liked SO much more than the one with the crazy sellers. It was meant to be!

Mar 19, 2019 09:32 PM
Rainmaker
1,919,284
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Always have an open mind and find a solution that will work for everyone.

Mar 19, 2019 05:51 PM
Ambassador
5,407,022
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

NEVER EVER FOCUS ON THE WORST OF ANYTHING!

Concentrate on the good projects and what went well, we do get what we focus on.

Mar 19, 2019 05:33 PM
Rainmaker
1,229,112
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

DIVORCE

Mar 19, 2019 07:56 PM
Rainmaker
6,604,378
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Some transactions are really challenging. 

Mar 19, 2019 05:22 PM
Rainmaker
4,097,284
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

There can be lessons learned in real estate beyond the classroom experience but I feel so much more is gained when we accentuate the positive.  Try it and see how much better life is. 

Mar 19, 2019 04:10 PM
Rainmaker
883,124
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

all are interesting.  experience does matter.  try and anticipate the next turn/bump in the road.  Learn the business with an experienced professional.  Keep learning, work hard as if your life depended on it.  It does unless you are here just for the good times and there are small victories but you have to anticipate those too. 

Mar 19, 2019 03:11 PM
Rainmaker
4,114,514
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Have not had one in 25 years that could be so categorized.

Mar 19, 2019 02:36 PM
Ambassador
3,038,790
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

in 25 years I have never had a contract dispute.  Clear language in special stips has kept that from happening.  And the GAR contract is very well written.

Mar 19, 2019 07:08 PM
Rainmaker
1,639,526
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Escrow disputes going to the State for an EDO

Mar 19, 2019 06:12 PM
Rainmaker
2,641,352
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

the hurt is hard to track as it penetrates into the physical, psychological, emotional, mental and spiritual realms...what to do? do righteousness, don't doubt what you know to be right, have charity and be abundant

Mar 19, 2019 03:25 PM
Rainmaker
5,583,740
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kennith,

No worsts!  It was a matter of keeping the end goal in mind.  A

Mar 19, 2019 03:01 PM
Rainmaker
4,207,107
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

A seller who refused to return earnest money after a buyer exercised his right to terminate the contract. The issue went to mediation and an incompetent mediator thought it best to split the money. Clearly he never understood the issue. It was resolved in the buyer's favor in arbitration.

Never used mediation again! The cost was a non-refundable burden on each party. 

Mar 19, 2019 02:46 PM
Rainmaker
2,062,514
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Great answers. Good luck with your test. 

Mar 20, 2019 09:12 PM
Rainmaker
1,596,586
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea

Mar 20, 2019 07:53 PM
Rainmaker
684,365
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Breach of Contract is a problem. The aggreged party can sue for the deposit money (but they never do, not that I've seen).

Mar 20, 2019 05:20 AM
Rainmaker
5,571,848
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

all contract disputes are handled by the attorneys representing each party.... we make sure our clients have an attorney from day one.... we don't wear that hat...

Mar 20, 2019 03:54 AM
Rainmaker
1,898,793
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

A buyer threatened to walk out on my seller so I shot him in the knee cap... "try walking out now"... not really .

Mar 19, 2019 07:24 PM
Rainmaker
4,936,642
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Never had one.

Mar 29, 2019 03:35 PM
Rainmaker
4,011,211
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Earnest money dispute.

 

Mar 23, 2019 11:17 AM
Rainmaker
910,421
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

My client defaulted on his contract to purchase a home. Complicated story. Bottom is that he lost his deposit to the sellers.

Mar 21, 2019 02:56 PM
Ambassador
3,054,835
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I wish you all the best with your real estate studies. 

Mar 20, 2019 09:09 AM
Rainmaker
1,153,400
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

The buyer released all contigiencies and want to cancel the purchase contract.  No common sense.

Mar 20, 2019 09:07 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I accentuate the positive.

Mar 20, 2019 08:56 AM
Rainmaker
1,386,873
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Nothing horrible.

Mar 20, 2019 08:28 AM