Crazy Sh*t In Real Estate with Leigh Brown - Episode #24 with Tim Hur

Summary: Would you tap into your network to scrounge up $1.2M in 48 hours for a client looking to convert on a short sale? That's what this week's guest Tim Hur did! Listen as Tim explains how he was able to orchestrate the miraculous deal all the way to close. Please subscribe to this podcast in iTunes or in the Podcasts App on your phone. Never miss a beat from Leigh by visiting The Leigh Brown Experience. Time Stamped Show Notes: 00:43 – Introducing Tim Hur 01:33 – Tim is a licensed realtor 01:52 – Tim's crazy story 02:07 – Tim had an independent firm working with international clients and celebrities 02:31 – Tim won a bid where his client was paying cold hard cash 02:47 – Everything that could go wrong did 02:53 – 72 hours before closing, client informs Tim he needs another week for the money 03:29 – Tim was frantic and the seller was upset 03:51 – Through networking Tim was able to get $1.2M in 48 hours 04:33 – Tim went to the attorney's office and closed the deal 05:02 – Seller stayed for a few extra days 05:34 – Tim's client was amazed at Tim's efforts 05:39 – The interest for the $1.2M was $200K 06:05 – Tim got a call from the attorney saying the lender rejected the short sale 06:33 – Then there was a title policy issue 06:37 – The seller found out about the title issue and refused to leave the house 06:54 – Tim, his client, and the seller's attorneys had to get involved 07:05 – In two weeks, the lender gave up 08:26 – The fun part? The client doesn't speak English! 08:36 – On the 30th day of the 30 day note, Tim's client finally pays 09:23 – During the final walkthrough, Tim realized the seller took every single chandelier out 10:54 – Working with international clients can be a headache 12:05 – Remember to maintain good relationships with your network 13:50 – Relationships last far beyond deals 13:57 – Tim was able to get a few more sales from his client 14:30 – Reach Tim on Facebook, Twitter,  and Instagram 17:07 – Are you a listener with a crazy story to share? Ping Leigh at www.crazyshitinrealestate.com 3 Key Points Networking, in any industry, is key. Remember to keep good ties with your network –they can save you someday, somehow. There will be times that going the extra mile isn't enough—you need to go the extra 100 miles. Credits Audio Production by Chris Mottram Show Notes provided by Mallard Creatives Cover Design by Two Minds Design Original Music by Rimsky Music