The Market

5 things we learned from the NY Times about closing-room hissy fits

By Teri Karush Rogers | April 30, 2012 - 9:45AM 

Personally speaking, most real estate closings we have attended are the opposite of high drama. In fact, they tend to feel more like an extended stay at the back of the international customs line at JFK after a 12-hour flight delay, with a body clock stuck at 3 a.m. and contact lenses that crunch when you blink.

Apparently, though, being stunned into boredom at a real estate closing is a good thing--at least compared to the closing-room tantrums rounded up in this weekend's NY Times.  

In case you missed it, here are some key takeaways besides the keen observation that "a lot of people in this city have gotten what they want by being emotional."

  1. If for some reason you forgot until now to mention to your spouse how much you sold the apartment for, remove all sharp objects from closing room and spouse.
  2. Nothing says "Let's do this thing!" like a firearm laid silently across a conference room table. 
  3. That 8-year-old washing machine is worth a lot less than what you stand to make on your $1.1 million apartment.
  4. If nothing happens when you flip the light switch in your new place, it may be because you behaved like an ass at the closing.
  5. Your broker knew about your new mouse problem all along.


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