The Parenting Post Blog

Mr. Real Estate Agent Broke My Heart

By Mighty Maggie on Thursday, February 4, 10:37 am EST

If you follow my personal blog you are no doubt sick of hearing me talk about my HOUSE and how it is SMALL and my various CRACKPOT IDEAS for how to extricate ourselves from this situation. Most people, because they are NORMAL, would work with the house they have, be thankful and shut up about it on their personal websites. But not me! Oh no, I prefer to whine (eloquently, of course) about the near-impossibility of getting my kids to sleep in the same room and woe is us and maybe we can sell it now, rent a bigger house for a year and THEN find our Perfect House, once Phillip is done with grad school. Oh yeah, did I mention grad school? And how people must be crazy to think about selling one's house in a difficult market when they are shelling out tuition money every quarter? RIGHT.

But whatever. I am the master of my own destiny! So this morning a very nice man named Mr. Real Estate Agent dropped by my house to do a little walk through and give me the low down on Selling A House. Basically, Phillip and I were trying to figure out if we could at least break even on the sale of our house and whether there were acceptable rentals in our price range. Mr. Real Estate Agent was an absolute doll: juggling satsumas, drinking pretend tea and totally cool with having a conversation while two toddlers jumped up and down on my bed. I loved Mr. Real Estate Agent. Looking for an agent in the Seattle area? I'VE GOT YOUR MAN.

So then we started talking numbers. This was unfortunate for Mr. Real Estate Agent, as I am numbers stupid (no really, you will read the extent of this stupidity in an upcoming paragraph) but I did my best to answer his questions. He talked about taxes and commissions and something else I can't remember. He wrote all sorts of large scary numbers on the back of the stat sheet he'd printed out about my house, and then slid it in front of me. It turned out that if we sold our house, at the price Mr. Real Estate Agent recommended, we would have (gasp) money left over.

CALLOO! CALLAY! This was TERRIBLY exciting to me. Not only would we break even, we would have EXTRA! I immediately launched into a discussion of WHEN to put the house on the market and informed him that we would definitely hire him as our agent and I would be talking my husband into selling sooner rather than later. My love for Mr. Real Estate Agent was further cemented when he said very kind things about the state of my house, told me I wouldn't have to get rid of all the toys, that we would work around nap times for showings and no, he thinks the red paint in the little bathroom is FABULOUS!

When Phillip came home I excitedly showed him the sheet of numbers and started talking about what we'd have to put in storage and how if he didn't go along with my timeline I might leave him for Mr. Real Estate Agent. Phillip, though, wasn't listening to anything I was saying. He was looking at the numbers and shaking his head. "Maggie," he said slowly, "we'd still have to make up for our down payment. The amount he shows leftover from the sale is only two thirds of our down payment."

Someone felt more than a little foolish.

So it looks like we won't be moving this year. We will most likely move the following year, even if we only get two thirds of our down payment back in the sale. I mean, we can't stay here forever. But we can certainly stay one more year. I'm not as disappointed as I thought I might be. Phillip is pretty bummed, but I'm hanging out more in the Well, At Least We Know camp. Right? Now I know what we have to do. I can focus on figuring out what to do if and when Molly is too big for the pack 'n play in our bedroom, but can't sleep in her crib because Jack is busy un-napping. I can think about toy storage and toy purging. I can figure out whether I'm going to have to buy one of those sold-on-TV vacuum storage packs for all the baby clothes, or if I should just dump them all in a Goodwill parking lot.

In the meantime I'm thankful we HAVE our house. It's on the smaller side and completely child-unfriendly, but it's pretty and close to everything I love and I'm going to have to stick it out another year with my beautiful kitchen? BOO HOO! Now to figure out how to stop refreshing Redfin every morning...

Visit Mighty Maggie's personal blog.  


Member Comments
I Boycott Your Subject Line
2/4/2010 at 10:54 am
Well, you can always put it on the market for enough to break even and maybe someone will buy it. Of course, having a house on the market is a PAIN and HUGE STRESS so that is not a small decision. We had our house on the market for six months? And we got one offer, at which we laughed. And then we ended up not moving, so it was actually good that we didn't sell it.


What if you try to sell it
2/4/2010 at 11:47 am
What if you try to sell it yourself? Can you get the money you want out of it that way?

I have learned SO MUCH about this lately and you are smart - you can TOTALLY do it. I can tutor you in the ways of Being Pushy, it's not that hard. You could put it on the market and just see what happens. You don't have to accept ANY offer or even ANY showings. You could be picky and take your time and be a hardass.

Looking at our experience, I am glad I hired a Realtor this time, but now that I know how the game works, I'm probably not going to do that again. It's just too expensive, they're not lawyers (and yet they dispense legal advice constantly) and the time spent is not appropriate for the fee.

Just my opinion though!



Unfortunately...
2/4/2010 at 12:10 pm
...I think this post is Exhibit A in the I Am Most Definitely NOT Smart evidence file.


Oh honey
2/4/2010 at 11:54 am
I'm disappointed for you guys. BUT! If you wait a year, the market will continue to swing UP! And then you can sell it for MORE! And then you can get a bigger house! (But if you can't wait for all that I totally recommend getting pregnant. Nothing like an impending baby to make you do foolish things with money so Mama GETS HER WAY!). :)


Third baby
2/4/2010 at 12:09 pm
Manda: But then my husband would have an aneurysm and THEN where would I be?


I continue to HATE having my
2/4/2010 at 1:21 pm
I continue to HATE having my house on the market. And right now it's priced so that not only are we not going to be getting our down payment back, we're going to owe money when all is said and done. Not that it matters, because it's still NOT SELLING. BAH.


Meg's picture
Meg
Jumping back in to real estate...
2/4/2010 at 7:18 pm
My husband and I sold our house last year. We felt insanely fortunate, because we actually made a small profit. It was on the market for six months, and it was so hard to get the phone call that there would be a showing in two hours, then run around like a crazy person while my husband was at work trying to clean up after a toddler and pets and get us all out the door before the prospective buyers arrived. Once I passed them in the driveway. The day before we were going to drop our price, we got an offer. My parents closed on their house today, and they were on the market for over a year. We have been renting for almost a year, and it sucks. However, I think that's because our house has not been maintained in years. Shingles are falling off our roof, all of our doors (interior and exterior) are broken, water seeps in through the wall and the exterior doors, the humonguous windows in the living room are uninsulated and freeze on the inside every time it's cold, and there is a bullet hole in one of those windows. It's not from crime-the old renters were druggie friends of my sister's who shot through it for fun. So, we are about to put an offer in on a super cute farmhouse with an amazing yard. Back to home ownership! One piece of advice-be sure to get a realtor you really trust. Ours is a long-time family friend who is willing to work on my SAHM schedule (lots of emails after my son's bedtime!)


Anonymous's picture
Anonymous
Awwww sorry Maggie. Sounds
2/4/2010 at 10:10 pm
Awwww sorry Maggie. Sounds like you have as good a perspective as one can have. Do you think Jack will have memories at this house? TOTALLY pulling at straws here, but maybe the extra year will be the diff between Jack remembering vs not remembering, and maybe that could be the teeniest of condolences. I have no memories of what my parents affectionately called 'the little house' that we lived in as a fam of six in two bedrooms, before they moved to a rental with space, until they could buy something bigger.


Keli's picture
Keli
posting on MLS
2/8/2010 at 9:46 am
Yes, you could post it on the MLS yourselves and see what happens!!


Anonymous's picture
Anonymous
Good Touch Bad Touch
2/17/2010 at 6:26 pm
Well I have a five year old son and I constantly explain to him about good touch and bad touch. I mean, he even knows that mommy can't touch him in his private areas, so I taught him to clean himself during bath time. So if his own mommy can't touch him in his private areas then no one else can either, no kids or grown ups. I also explained to him that he can't touch other children/people either. So I found out that the neighor kid touches butts and now I don't allow my son to play with him, the neighbor is older then my boy. But now my problem is, my son is touching butts of the girls in his class. We've had four episodes now and I just don't know what to do. I have taken away his cartoons, games, snacks, and visits (to his friends). I need help...I would apprecate input. I have questioned him about it and he says no one is touching him. So I am between a rock and a hard spot with this. The teacher was wondering if the TV is an influencing factor. I'm at a loss. How can I put a stop to this? Please help...


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