“No Monkey Offers” Returns!
This is too funny.
If you’ve been following my blog for awhile you may remember the story (and voicemail message) I shared about the seller who told me he didn’t want any monkey offers from me. If you never heard this…its funny and you should check out that post before moving on. I did end up making him an offer for $98K…but I guess it was too monkey for him, his wife, and attorney at the time (several months ago) so they refused it (they felt they should get $120K).
Guess who called me at the end of last week?
Yep. You guessed it! Mr. No Monkey Offers.
Turns out he has done some work to the house now and he wanted us to take a look at it and give him an offer. I told him repeatedly that we don’t make retail offers on homes and if we can’t get it at a discount (despite the work he put into it), we’re not buying. He insisted that we take a look at it and give him another offer.
I even recommended that since he seems to want top dollar for his home, I can offer up a pre-qualifed tenant-buyer who has cash and will be qualified for a loan to buy his house in 12-24 months…we could do a lease option (Note: for those unfamiliar with how this would benefit us, we’d be able to keep the lease option deposit from the tenant-buyer)!
Noooo….No Monkey Lease Option Offers either. He needs to sell now and can’t hold onto it any longer he says.
He called me again this morning. This is his 5th phone call to me in 3 days (he calls multiple phones and leaves messages on all the lines). He leaves me a message asking if we saw the house yet and told me that he was reading the Wall Street Journal this morning and the experts were saying that housing is really turning around and there were more home sales than they had initially projected.
Ummm….ok.
So my loving hubby went over to the house today, called Mr. Monkey Offer’s cousin to let him in the house and checked things out. Sure, there was some work done to the house, but not really anything stellar. Nothing that would increase the value that much.
We’re going to make him another offer and I’m pretty sure he’s going to think its rather monkey too. I don’t know though…there could be a deal here. He seems really anxious to sell the house. If nothing else, it makes for a good story.
Stay tuned!
P.S. I did an interview recently for real estate investor Kendall Matthews KJAM internet radio show. It’s about 20 minutes long and it was a fun conversation! If you’re interested you can check it out here! Kendall has done several interviews with investors across the country so you might want to poke around on the site and listen in!
Related posts:
- Monkey offers and other seller calls
- No monkey offers!
- No Monkey business but still grinding
- Revisiting old offers
- The Option House Strikes Again!
Category: Dealing w/ homeowners, Fun calls with sellers
hahaha I just listened to his voicemail! that was funny Shae. Did he use the phrase “monkey offers” again with you? I am curious to find out if he accepted the monkey offer or not now:)
Matt Rosen´s last blog ..17 Ways To Build A Wholesale Buyers List
Matt, we’re going to send him another offer this evening and I’ll be sure to let everyone know what his response is!
He didn’t use the “monkey” phrase with me again..in fact he’s been generally more amiable than he was back in September.
Hilarious!! The picture above is too funny… I’m interested in knowing if he acccepts or rejects your next monkey offer. Matter fact, I made some monkey offers today myself. Oh Well…
LOL! Hey, that’s just what we do, Torrey! Thanks for stopping by
It is very interesting how some Mr. Big Shots’ turn humble when reality sets in.
Before you place in your “rather monkey offer,” delay for a day or two…
I think it takes 7 phone calls from a seller before they are classified as “Totally Distressed.”
Kendall Matthews
Kendall´s last blog ..gilbert-house
Hey Kendall, great to see you here
It’s funny what you said about delaying….I had a similar “Why rush?” thought late this afternoon. Instead of sending it today, I decided to wait until late tomorrow. I fully expect that he’ll call wondering what’s up. I’m also going to include a seller financing option since there’s tons of equity in the property….not sure he wants that either, but you never know until you present it. He also told me he’s had offers to rent it for $1700/month and he wasn’t interested in that….working directly with sellers is never boring 
Ah, the smell of desperation from a seller is so awesome
Raquel´s last blog ..Some agents are just so funny
[...] Dealing With Home Sellers: Expect The Unexpected Posted by: tiffany | Category: Flipping Houses, Real Estate Investing [...]
Just goes to show you that while they may not be desperate today, keep those letters going out. Months and depleted bank accounts can change a mood very quickly. Well done Shae.
Thanks Jason! You’re absolutely correct…more reasons to stay consistent! Speaking of that, gotta go and get another set of postcards out!
Love the smell of desperation. You might just have this in the bag Shae. I’ve had this happen to me a few time and they end up caving. Curious about how this will turn out. Very funny.
Esi´s last blog ..Sow Seeds – Reap Rewards
I remember the 1st post seems like he might be ready to get rid of the house. no monkey offers lmbo
Hey Esi and Raquel, we’ll see how it goes! He’s actually calling again *right now* as I type this….
LOL! Kevin, glad I could make you smile today
I can’t decide which is more amusing- the words “Monkey Offer” or the part about the real estate market turning around…
Can’t wait to hear how it turns out.
Steph´s last blog ..Steph Goes to the Beach
LOL! Yeah, this comment about the market really had me rollin’. I consulted my mentor about the offer..its going to be less than before which I’m sure he’ll be ecstatic about.
Haha! I guess there’s always “that” type of seller. Keep us updated!
When he called, you should have just reiterated the same exact offer from last time…let him know that the work he did on the property exactly canceled out the drop in market values over that period of time…
J
J Scott´s last blog ..123Flip Newsletter
Hey J, its unfortunately worse than that! We offered him LESS than last time even with the improvements (he likely spent about $3K on improvements based on what we can tell)!
I think i’m going to put that monkey picture some where close to my computer. Can’t help but smile and laugh when I see that mug!
Scott Costello´s last blog ..MLS Offer Week- The Offer is Going Out Too…
LOL! I know. Pretty funny. I can’t remember where on the internet I got it from…which reminds me that I really need to start putting image credits on my blog.
im a Rookie in this business and i know that if you aren’t making Monkey Offers they arent low enought! LOL very fully.
LOL! That’s right Devon! Thanks for stopping by