Gary White FlexIt Realty~Real Estate & Updates, Grand Rapids & West Michigan

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Do I look like an ATM?

Do I look Like your personal ATM?

Real Estate Agents and Brokers are in the business of real estate, selling homes.  I maintain an office in Grand Rapids Michigan under the name Flexit Realty®.  The name was created from “Flexible Real Estate Solutions” but that isn’t why I look like an ATM.

From time to time we all hear from potential clients the reasons why they can’t buy.  We hear why they will have trouble paying the rent.  We even hear why they are moving.  Most of the time you have to feel for the economic situation that has caused them so much misfortune.

People become desperate and bargain without anything to offer for collateral.  I receive calls nearly everyday from a buyer who knows they cannot buy, before they call me.  

This may seem harsh to you, I run a business for profit.  If I don’t make a profit my office closes, my agents find Licensed to Flexit Realty by Bigstock Photoanother real estate broker to work with and that is that.  The problem is, I like being a real estate broker in Grand Rapids, Michigan.  I have lived in Grand Rapids for the better part of 35 years, since 1972, minus the 5 years in Florida and a couple years traveling.

I was asked if I could loan a buyer, I don’t know, the money for the down payment to purchase a home.  They would pay me back right away.  As soon as they saved the money, they had a good job at Wal-Mart Sam's Club, driving a forklift.  I knew I looked like an ATM, my own grown children think so too!  I may have a big soft spot for people in need, I like making an impact on peoples lives, without putting my business or personal life in jeopardy.

I don’t intend to minimize hard work or driving a forklift, I have done that and more.  In my own company, as president, to get shipments out the door on time I drove a forklift, packed and taped boxes right along side my hourly workers.  As I recall they laughed and had fun with me, fixed my mistakes, showing me why I designed and they did the manufacturing.  

Let’s face the facts, I don’t know anything about my clients other than they are great people.  Some of them have become life long friends.  I remember them all, and they have each contributed to my success and my companies success.  Do I want to become a home mortgage lender?  Do I want to cross the line and become more than I am are real estate broker and agent?  NO, I have a business to run and profit keeps that business running.  Do I want to be an ATM no, that isn’t my function as a Grand Rapids real estate broker, a home selling agent or representing buyers as a buyer’s agent in Grand Rapids.

I want the best possible outcome for my clients, I work hard to make sure that happens, just like my agents and other professionals in the real estate industry.  I invest in my business and in my clients homes for sale.  I invest in my agents with tools and knowledge skill sets to help them represent their clients better.

I feel bad for people that have put themselves in a fix, but I cannot fix all their problems.  I feel bad for those that have not learned you must sacrifice for what you want.  You must save for what you want.  We live in the "Land of the Free and the Home of the Brave".  We step out and work for our goals.  The great result of that work, most people are able to achieve their goals of home ownership.  It may not be in their time frame but they can do it with 3.5% down for a conventional loan.  My first house was 20% down and my parents didn’t know what an ATM was at the time!  

Thanks for Stopping By and Leaving a comment.

Gary L White Broker/Owner Flexit Realty

Gary L. White, Associate BrokerFlexit Realty Logo, www.FlexitRealty.com
CRS, GRI, ABR, ePRO, AHS, SFR

Phone: 616-784-2360

Email: GaryWhite@FlexitRealty.com

Website: www.FlexitRealtyGrandRapids.com

Videos:  YouTube.com/FlexitRealty

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Comments

a comment I wrote in another post ,People amaze me, seems appropriate here. How can anyone ask you for that kind of money when they do not even know you. Live within your mean be happy and do not worry about the Jones .

Posted by All Mountain Realty 3 months ago

Hi Charlie, I feel bad they asked but I am not a parent of friend so it seems unlikely they would have much motovation to pay me back after they occupy the home.  The other issue that strikes me is crossing this line makes you more than a real estate agent.  You now have a vested interest in the transaction.  That would be a major problem without disclosure to the seller.  Thanks for the comments Charlie.

Posted by Gary White~Grand Rapids Real Estate Market Home Selling Pro! 616-784-2360 (Flexit Realty "Flexible Real Estate Home Selling Solutions") 3 months ago

One of the best pieces of advice I received from a seasoned agent was to never "buy" the transaction, meaning we are not ATMs.  If a buyer cannot afford the costs of buying a home, it's not the agents responsibility to float them the cash.  I, too, am shocked when clients ask/demand/suggest that you give them money!  Where did that weird thought of entitlement come from?  

Posted by Francine Viola, Realtor - Homes for Sale in Olympia WA Expert (Coldwell Banker Evergreen Olympic Realty) 3 months ago

Hi Francine, thank you for your comment.  I have been asked over the years more than once.  More in recent months, I suspect our Michigan economy has something to do with this issue.  Thanks again for your comment Francine.

Posted by Gary White~Grand Rapids Real Estate Market Home Selling Pro! 616-784-2360 (Flexit Realty "Flexible Real Estate Home Selling Solutions") 3 months ago

Gary,

I guess on one level some take the position that it never hurts to ask. And it must work sometimes otherwise they'd stop asking.

Posted by Wayne Johnson-San Antonio Homes For Sale San Antonio Realtor (Coldwell Banker D'Ann Harper RealtorsĀ®) 3 months ago

Hi Wayne, hope all is well.  I have to agree, it never hurts to ask.  I brought my boys up with that philosophy.  Sometimes you are surprised by a yes!  Thanks for the comments Wayne.

Posted by Gary White~Grand Rapids Real Estate Market Home Selling Pro! 616-784-2360 (Flexit Realty "Flexible Real Estate Home Selling Solutions") 3 months ago

It would be nice to help people but this is a business. Not being cold, just honest.

Posted by Gary L Waters PLLC- Broker Associate RealtorĀ® Melbourne Viera Rockledge FL (Century 21 Baytree Realty, 1211 Admiralty Blvd, Rockledge) 3 months ago

Hi Gary, we do have our own bills to pay.  I like helping but we can only reasonably do so much.  Thanks for your comments Gary.  Hope all it well.

Posted by Gary White~Grand Rapids Real Estate Market Home Selling Pro! 616-784-2360 (Flexit Realty "Flexible Real Estate Home Selling Solutions") 3 months ago

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