 In other news, Boomer dad's driving real estate agents nuts is on the rise. This is hilarious. I read this article the other day I want to share it with you. I want to read part of the article because I thought one of the stories was pretty funny And I want to hear your stories in the comments. I want to hear, you know, if you've got Boomer dad's interfering with your millennial buyers talking them out of deals, you know with negotiations or inspections There's a lot of a lot of Older dads that come out and actually play like they're going to be the inspector For the house come out and inspect the house and people end up walking away From those deals. Okay. It's just hilarious But uh, but yeah, let me know in the comments another situation that I find quite often is financial advisors Financial advisors, you know, I'll talk. I'll have a client. They're looking to buy this property We find the one they're looking for I spent a lot of time looking and showing and advising And when it comes time to make an offer, they say, well, let me run this by my financial advisor And come to find out they don't make the offer and they decide to kind of pass And now it's not a good time to buy and stuff like that So I want to dive into that scenario too with you at the end Um and really kind of walk you through that because I have a very interesting perspective on that specific situation But here's the article right here It's hilarious boomer dads are driving real estate agents nuts And they tell a story here About an agent trying to sell a town home Um last spring at a town home showing This is up in new york the agent David Harris was the agent watched his client and married millennial with a kid bounce from room to room before taking a seat on the staged sofa A gesture Harris had come to regard as a cue that the client feels at home and is ready to make an offer He was right The client liked the place Harris suggested to go 50 000 above asking or 1.7 million He anticipated a bidding war His client agreed but the client had to make one phone call We all know who that phone call is Harris watched as as as as uh watched as he went outside and started pacing And then he takes the cigarette out Harris says it was his father That father advised his son they shouldn't go above listing price Not because he had toured the home and uncovered a flaw or anything of that nature But because he had fixated on the detail he saw online the house was 18 feet wide The father believed it was priced as if it were a 20 foot wide Property they insisted on putting in an offer at 1.6 or 50 000 below asking price The asking price was 1.65 The house ultimately so for 150 000 more than asking price to someone else It would have been very nice If they'd listened Harris said not only because his client regrets losing that town home But because more than a year later Harris an agent with call well banker wall warburg Is still taking the same client to showings and he said I can't get that time back Real estate agents aren't paid by the hour and they're increasingly finding their valuable time being sucked away by boomer dads This is so funny I'm sure new york real estate has always been propped up by family money and family opinions, but millennials and gen z buyers Are learning harder than ever On their Leaning harder than ever on their parents for cash at a time when borrowing is expensive And a lack of housing makes cash valuable a valuable way to cut through the competition According to about a dozen agents I spoke with Dads have an annoying tendency to present themselves as experts on all aspects of home buying based on their own actual logic Sure kids can waste time One broker I spoke with described the hour she spends deflating expectations Of million dollar listing finishes and so can moms a brown Harris stevens agent had a mom retract an offer over a bag feng sui But uh, Harris is in a tricky spot counter dad's belief. Okay. Now. Here's where the rubber is the road guys Okay, the agent's in a tricky spot. Okay counter dad's belief about the value of the 18 foot white town home And you can lose his trust which means you're losing his cash and losing the client altogether I try to always be careful in those moments Harris said And that's so true All right, and we go down to to a couple of other stories here I'll let you guys read all this stuff. It's just so funny To uh to to hear this But let me know in the comments your your dad's story your boomer dad inspector Uh story or whatever Because this is this is a fact and I've dealt with a lot of family Clients that had family money families going in on properties together and you do have to play All sides, you know, you have to you know, like I've done You know, it kind of reminds me too of like divorce situations where The husband's mad at the wife and I'm representing the deal and I'm representing both of them And you know, I kind of have to play both sides a little bit To really kind of keep the peace between them to get to the closing table because that in fact is what's best for them Hell most of those are court ordered I've been in a lot of those sticky situations. It came out smelling like a rose But with this financial advisor You know because I had an agent I'll tell you the story. I had an agent come to me And he said hey ricky I was talking to this buyer They talked to the financial advisor now they don't want to buy the house And you know, he's like, how should I come back at the clients? You know, how can I explain to them that hey the financial advisor is just trying to You know get you to keep your money with him because he's making money I said, yeah, but you can't really approach it like that because Then they're going to say well, you're just trying to sell us a house because you're going to make money And you know, so it goes both ways. I said I said the fact of the matter is this I bet you a million dollars That the financial advisor that's advising them to not buy the house to keep their money where it is He and his mind 100 percent 110 percent believes that that's the best financial move for them And financially to leave the money there let it keep multiplying Rather than go buy a piece of property in this uncertain market Um, there's a lot of legitimacy there even in a market. That's great Um, a financial advisor may still believe that what he's doing with your money is better than what they could do in real estate So, um, it's like it's like a catch 22 there. It's like, which way Do you go the way that I advise my agent about this was that I said, listen, you don't need to discredit the financial advisor Same way that Harris here doesn't need to discredit the dad and go against the dad here You know, what you need to do is build those secondary, you know outside influences up You know go with it say listen You know like what do you want to do understand your financial advisor is advising against this But what exactly is it that you want to do because that's what I'm going to help you do Here's what I think, you know, let me know what you think and why and then we can go from there But at the end of the day, I'm not going to try to this is what the agent wanted They wanted me to try to figure out how to tell them How to get them to buy the real estate and I said that's the wrong move to try to get them to buy the real estate That's just not what I do. I don't care for prospect or a client buys anything or sells anything I'm just trying to hear them out for what it is. They want to do and help them do it Um and maintain that relationship forever. I said if you try to force them into a deal Later when they actually do a deal They may not come back to you because they're going to remember you try to force them into a deal this time They didn't like that, you know, they forced them into a deal when they weren't ready Why not, you know Maintain that relationship until the till the day that they actually do An actual transaction So that you're in the best position possible to help them when that day comes So anyway, that's my two cents on it. I hope you guys enjoyed this one I'm going to put another video right here for you to continue watching and learning and until next time selling