Realtor Roger
Realtor Roger ~ The “Spec” House
Friday, March 19th, 2010 | Home Buying, Home Selling, Realtor Roger | No Comments
In real estate, you have to be ready for anything and everything!
Here Roger Stauter shares one of his favorite real estate experiences. Enjoy!
A “spec home” is a new home built without a buyer in mind. The builder hopes to sell it at a profit after it is completed. Marketing of a “spec home” often involves furnishing some rooms so the house looks more attractive. A prospective buyer of a “spec home” may want to meet with the Builder to ask questions before submitting an offer.
Some year ago I had a “spec home” on Madison’s north side listed for sale. It was nicely furnished. An interested prospect wanted to meet with the Builder, so I made an appointment to meet at the house at 1:00 PM. The prospective Buyer arrived on time, we opened the door and walked into the living room…
There on the sofa was the Builder… sleeping soundly and snoring loudly. Arranged around the sofa was a formation of empty beer cans.
The prospective Buyer did not buy the house