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.


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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