As of a few minutes ago I’ve probably taken my last official action as a property owner in St. Mary’s County in scenic southern Maryland. I’ve added my John Hancock to a few pieces of paper and in about 48 hours they’ll be countersigned and magically turn into a big bag of cash… or, well, whatever the electronic equivilent to a big bag of cash is, anyway.
I really expected signing it all over would leave me feeling some kind of way, but what I seem to be feeling most is a sense of relief… that I’ll never have to worry about finding another tenant, or that someone is going to tear the place up, or that I’ll get a random phone call in the middle of the afternoon that the furnace or air conditioning compressor needs to be replaced. I made some damned good memories in that little condo during the short time I lived there, but its life as an income stream (or suck depending on the year) lasted far longer than did my time really living with it. I’m mostly left feeling that it was an investment that served its purpose and it’s time to cash out.
Maybe the sick dog has just used up all the feels I’ve had allocated for the week before we got to the real estate transaction portion of shit to do. Anyway, I’ve done my bit. All that’s left now is for the seller to do his. And then we can all feel well satisfied and get on with whatever is next.
This morning I got to experience the real value of working with a real estate agent. It’s not so much that they are board certified professionals who spend every day facilitating technical sales with dozens of moving parts and a propensity to run into trouble at every step of the process. What makes the realtor so valuable than any of that, however, is they allow the buyers and sellers to stay at arms length through almost the entire transaction. For most people real estate is the single largest purchase they’ll ever personally experience. Throw in the emotional dimension of a place called “home” and the whole thing is fraught with issues.
I’m bringing this up because I went by my house-in-waiting this morning to get some measurements, look at a bit of furniture the sellers are interested in being rid of, and to make sure the truck actually fits into the garage (Yeah, that’s actually a thing with a large truck and a standard size garage). Unlike the other showings and the inspection the seller was there. So was his son. So was his daughter-in-law. They all seem like nice enough people – the son and his wife apparently live a couple of streets over so we’re even quasi-neighbors. Despite that, I’m still the guy who chiseled them down to a rock bottom price and then presented a longish, but reasonable, list of repair requests on a house, their home, that the seller and his departed wife designed for themselves from the basement up. But there we all were standing in their living room (that in about three weeks will be my living room) making small talk while I made snap decisions about their furniture and then wandered from room to room with a tape measure and clipboard figuring out where my own furniture will fit. The whole experience was just awkward.
It needed to be done, but the whole thing just felt so very odd… and I’m pretty sure I’ve come to the preemptive decision that I will never even consider a sale “by owner.” I have enough weird in my life without adding that to the mix. For this one small thing, the realtor is worth every penny of their commission.