2 deals dead today.
Deal #1 I saw it happening. I could see something was wrong. The really fucked up thing about it is I had both sides of the deal. That's double commission. My buyer was using a private lender. At first things were going well. Now we're a week away from closing and the lenders haven't been returning calls. I was getting nervous, the buyer was getting nervous so today I googled the company and the name and here is what I found
This is terrible. This is 5 FUCKING figures gone! Gone! I have an irate seller now and a heartbroken buyer.
Deal#2 was another 5 figure commission. The sellers took my clients deal even though it was $15000 less. But my buyers were offering $951,000 on a $999,000 house. And the sellers took our deal over a $975,000 offer because my buyers don't have a home sale contingency. I WORKED THE SHIT OUT OF THIS DEAL. Only thing the sellers asked for was to move the date of the closing up 2 weeks. My client (well the wife) would not budge! 2 weeks. 2 fucking weeks. And I'm out $10,000.
VIP took me out for a drink. He was supposed to have dinner with his in-laws but because I was gut punched twice in a day he was kind enough to tell his inlaws he was going to be late and took me out for some booze!
So at 9:00 I called the seller's agent and told her no dice on date. She said she'll let me know what happens.
If we can't make a deal I am down a total of $20,000.