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July 20, 2005

Real Estate Offer - Redondo Beach Update

We put an offer on a really nice home in Redondo Beach last week and an odd thing happened while we were waiting for an answer. To put it simply, our real estate agent disappeared. For anyone who hasn't put an offer on a home before, let me tell you this is a bad thing, especially in a hot real estate market like Redondo Beach.

We had put an offer on a home on a Thursday and were supposed to receive a response by Saturday afternoon. We didn't really think we had much of a chance because we only offered full price, which seems to be an insult in Southern California. Any way, Saturday passed with no word from our agent and by Sunday afternoon we started to become upset.

We left numerous messages with our real estate agent to no avail. The thing that made us nervous was the fact that he had a $25,500 check for escrow in the event our offer was accepted. We finally called the sellers agent and asked if our agent had submitted the offer on the house in Redondo Beach. We were releaved when she said that our agent did indeed submit the offer, however, she quickly stated that the home had already gone into escrow. Boy were we ticked. The selling agent said she had left a message with our agent on Friday morning stating they had a better offer but he never called her back.

It turns out our trusty agent was on vacation with his family. Obviously, this in itself is fine. Everyone is entitled to vacation. He told us, however, that his phone didn't pick up a signal in the mountains and this is why he didn't call us. Fair enough. the question I have to ask is if he knew he was leaving, why didn't he have somebody else in his Redondo Beach office look after our offer? The answer is simple, it didn't occur to him. Today is Monday and we have submitted another offer on a different home in Redondo Beach. Needless to say we are using a different real estate agent who is more trustworthy and who specializes in Redondo Beach properties. Our Southern California real estate quest continues.

Posted by Dogger at July 20, 2005 02:51 PM

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