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Ambassador
5,230,159
Debe Maxwell, CRS
Savvy + Company (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
2,220,654
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
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - 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
1,544,043
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

DIVORCE

Mar 19, 2019 07:56 PM
Rainmaker
7,836,442
Roy Kelley
Retired - Gaithersburg, MD

Some transactions are really challenging. 

Mar 19, 2019 05:22 PM
Rainmaker
4,572,620
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 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
1,197,555
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

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
5,104,931
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
3,164,294
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
1,726,096
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Escrow disputes going to the State for an EDO

Mar 19, 2019 06:12 PM
Rainmaker
2,781,303
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
5,772,575
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
5,217,392
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
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Great answers. Good luck with your test. 

Mar 20, 2019 09:12 PM
Rainmaker
1,598,452
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
758,035
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
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily 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
2,390,681
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
5,868,689
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
4,936,727
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
1,311,772
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
3,345,237
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

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

Mar 20, 2019 09:09 AM
Rainmaker
1,239,901
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
1,712,676
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
1,503,028
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