Blog Buyer When the juice is worth the squeeze

When the juice is worth the squeeze

By Molly Ozier, December 5, 2018

What makes all the hard moments worth the effort to push on?

My partner, Kim Parmon and I, worked with a first-time investor who fell in love with a bank owned property while it was pending with another offer. We met this client through our lovely preferred escrow officer, Emily Hummel with Fidelity National Title, who should be used as a model officer for escrow companies on how to handle transactions and client relations. The home had over five sale fails so we watched it. Sure enough, a week or so later my watchlist alerted me it was active again. We put in an offer and a few days later, after some back and forth on price, we got the home under contract.

Nothing about this transaction went as expected. Not that a transaction usually does, but this one had special circumstances that made it unusually tough. First tip-off would be that this home was bank owned. Anyone who’s been involved with a bank owned deal is not kidding when they tell you they are especially tricky. The second hurdle came following inspections. The home hadn’t been lived in for months, so we were expecting a laundry list of items that needed attention. Well, we got that and then some. Let’s just say the word ‘terminate’ got tossed around from the beginning of the two-week transaction until about three days before closing. But our client loved this house. And that’s the client that makes you want to work hard. The one that refuses to give up and throw in the towel when it seems like everything that could go wrong, has gone wrong. So we didn’t, we pushed on.

We made it to the finish line, unlike so many buyers before us. With a fed up listing agent, what felt like an unneutral escrow officer, and us, two babysitters…I mean buyer’s agents with a client that’s about to take on her first flip and couldn’t be happier with the outcome. In a few months this humble abode, walking distance to downtown Milwaukie, will be ready for a new owner and we can’t wait to see what our ever so determined client produces!

And that’s what makes the juice worth the squeeze.

 

Molly Ozier

Broker

Why I'm a realtor has every bit to do with my past. I come from a long line of designers, small business owners, advisors, and jugglers (literally). My father, a highly regarded builder in Piedmont, CA, filled my childhood home with blueprints leaving me with a sense of nostalgia anytime I walk onto a construction site. Nothing brings back memories like the smell of sawdust for me. My mother, a therapist for 25 years, taught me the delicate balance of empathizing with others while taking care of myself and managing 10 things happening at once. A skill that has proven quite useful in my career. When I felt the time had come for me to expand my horizons, I looked North to Oregon and never turned back. I quickly fell in love with my new home and everything it had to offer - from the coffee shops to small businesses, I had found my place in Portland. Finishing my degree at Portland State University, I looked for what direction to go next. Unable to ignore my want to do something that removed me from behind a desk and use my armory of skills to advocate for others, I chose the path of a Realtor. Born with an instinctual will to never stop learning and growing as a person, paired with an inherent eye for seeing the potential in any diamond in the rough, I closed 12 transactions in the first year of my career. What I offer my clients are the tools and information necessary to make an informed decision. I strive to be an ethical resource for those around me. What direction you go is ultimately up to you, I'm just here to guide and inform you along the way. Whether purchasing a first home, ready to re-experience the thrill of buying and/or selling all over again, or looking to invest in this great state, my purpose is to be your advocate and key support system throughout our exchange and hopefully beyond.
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  • T: 510-599-7816
  • molly@livingroomre.com

Molly Ozier

Broker


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