Log In   ·   Become A Member

Adventures in Real Estate: Buyers From Heaven, The Move From Hell

John A. Viteritti

No, not the home of our writer, this is in fact the Gardiner Estate in East Hampton. Listed for $29 million with Tim Davis of The Corcoran Group. (Courtesy Photo)

Having spent a career in real estate, I was not unaware of the trials and tribulations of selling and buying a home. In fact, we had put off selling and buying our own home precisely because I knew what a trauma it could be.

We started out okay, picking an experienced and competent local real estate broker to represent us, both as sellers and buyers. We also were represented by a very competent local attorney on both sides of the deal. Within a short period of time, we had a price agreement with a "buyer from heaven," which relieved us of much of the usual stress of selling your home.

The buying side was a little more difficult, mainly because we were looking to downsize from a two story colonial to a one story ranch within the same town we were already residing, so that limited the number of choices available to us, but eventually we did locate a property that met our needs and, as with the purchaser of our home, we "lucked out" with the sellers who were also a pleasure to deal with. In addition, both closings went without a hitch, except for the fact that the bank attorney was an hour and a half late for the closing on our purchase.

All did not go as well on the day before Thanksgiving, the stormy, cold, day we were moving out of our large house into our smaller house with much of the stuff from the larger house being transported to the smaller house. The situation was further exacerbated by the fact that the expected four movers turned out to be three, and the anticipated six hour move turned out to be nine. It also didn't help when my daughter, driving out with my two grown granddaughters to help Mom to turn over the house "broom clean," called from the gas station four miles away from our house to tell us the car had broken down. I drove to the gas station, where the people who worked there let me hang out to wait for the tow truck while my daughter and granddaughters took my car to go help out Mom.

About an hour and a half later, I met the movers at the new house as they moved the furniture and other personal belongs from the larger old house to the smaller new house. I saw clearly illustrated a principle of physics I was taught in high school: two objects cannot occupy the same space at the same time. And of course, that took more time, hence nine hours instead of six.

At the end of the day, we found respite in a local restaurant recommended by our real estate agent. Since then we have returned several times alone and with family.

The next day was Thanksgiving Day. My other daughter invited us to her house to celebrate the holiday. We did some major unpacking in the morning, more to find things rather than out of choice. When we stepped outside the house to get into our car to head off, my wife discovered that she had left her pocketbook in the house. I didn't think she needed it, but knowing that it is not a good idea to try and separate a woman from her pocketbook. I said nothing, which turned out to be fortuitous. When she tried to get back into the house, we discovered, you guessed it, we had locked ourselves out.

Now, a little background on our buyer, the moving company, and our rescuer: The fellow who bought our home is a Town of Southold Police officer. So is the fellow who owns the moving company. What do you do if you are locked out of your home on Thanksgiving Day? You call the police! We did, and he did get us into the house. Too say the least, we were much relieved. I would also expect that we were the cause of great entertainment at the precinct house the next day.


John is a St. John's University graduate, licensed Real Estate broker, lecturer, teaches real estate license classes at LIU, NYU, and Cook Maran Real Estate School, and is a well-respected consultant to the real estate industry. www.johnaviteritti.com


Be the first to comment on this article. (Just fill out the form below)
 

Submit Your Comment

Please note, you are not currently logged in. Your comment will be submitted as a guest.
To submit your comment as a member, please click here.
Your Name:
Location:*
Comments:*
* Comments will be reviewed and posted in a timely fashion
* All fields are required
Question:*
What color is a banana?
(For spam prevention, thanks)
 
 
 
http://www.hamptons.com/gallery/ads/2143.gif
http://www.hamptons.com/gallery/ads/1824.gif
Gary R. DePersia, Corcoran Real Estate
With over $2 billion in transactions on the East End and since 1995, Gary DePersia is consistently ranked among the top producers in the Hamptons. A year-on-year member of The Corcoran Group President’s Council, he has qualified as a national list maker since 2007. In 2008 he was Corcoran's top broker on the East End by sales volume and rental units; and ranked as the nation’s 4th top broker. In the 2017 REAL Trends & The Wall Street Journal list of America’s top real estate professionals, he was designated #26 nationally, #4 in the Hamptons and #3 at Corcoran overall by volume with nearly $200 million of transactions for the past year. His office operates with four licensed assistants allowing him to build a business stretching from Southampton to Montauk and Sagaponack to Shelter Island. gdp@corcoran.com

Bridgehampton National Bank
For over 100 years Bridgehampton National Bank has been the East End's hometown bank. Many success stories...one bank, BNB!

Advertise on Hamptons.com - Have your business be seen by over 2 million viewers including NEW searches
Hamptons.com- Our exclusive online magazine has 2.6 million Page Views YTD for 2015. Contact us to join our elite group of clients that benefit from having a presence on the Hamptons award winning publication www.Hamptons.com

Hamptons Carpet One Floor & Home
We pay less,and so do you.With over 1,000 stores in our buying group, we can get the lowest prices from the best flooring manufacturers — and pass the savings on to you.Visit our other locations: Hamptons Carpet One Floor & Home, 675 North Sea Road,Southampton, NY 11968

CP Complete- Landscape Design & Construction
Paul Guillo And Chris Hall Two Of The Most Respected Names In The Community Together, they are partners in CP Complete. They bring their years of experience and integrity to creating and renovating luxury backyards.

D+J Concepts is known for a high-end cutting edge approach to design.
D+J Concepts is known for a high-end cutting edge approach to design with a balance between functionality and imagination. We skillfully and tastefully transform ordinary spaces into classic modern styles, which are understated, and luxe. We’re known for our modern transitional style incorporating antiques and modern elements for an unexpected edge.

Hamptons luxury real estate specialist for 33 years, Andrea Ackerman offers outstanding expertise in the field.
Hamptons luxury real estate specialist for 33 years, Andrea Ackerman offers outstanding expertise in the field. Trusted, experienced and successful, Andrea has solidified herself as the go-to broker of the Hamptons and a wholehearted advocate for her clients. A pioneer in the real estate industry on the East End of Long Island, she is driven by her passion for the business. Andrea is based in the Bridgehampton office of Brown Harris Stevens as a licensed real estate associate broker and consultant. Formerly, a principal partner and Senior Director at Brown Harris Stevens, Andrea now assists in developing their corporate strategy for the Hamptons region, advising other brokers and sales associates, as well as being one of the top producers and listors.