Realtors, forget listing new buildings

If you're a Realtor, you've probably salivated at the prospect of listing an entire new condo project for sale. All those units...all those commissions...but in reality, it's all that work. And it doesn't stop after the units close.

My buyer recently closed on a condo in a brand new North Hollywood building. The building is listed by the stalwart Aaron Scott, and he and I have probably talked more since the unit closed than we did during escrow -- mostly all about newly discovered construction problems. See the previous post on this subject.

On behalf of my client, Aaron and I have discussed construction issues, parking issues, alarm removals, contractors, cabinets, refrigerator doors, stoves that smoked, non-working toilets, intercom info, etc. etc. The Realtors on these new buildings handle everything -- they set up appointments with contractors, track down info, and communicate with the buyers and the buyers' agents about it all. In theory, a Realtor's responsibility ends when a property closes. But obviously, there's no such "statute of limitations" on these new places.