The Rental 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.

Related:

15 things I've learned from "Million Dollar Listing" so far

How to interview a closing lawyer

Confessions of a closing lawyer

4 things buyers MUST do if the seller wants to stay after closing (sponsored)

"Splitters" can save you thousands on a new condo

2 ways to lose your contract deposit when you least expect it (sponsored)

UES buyers sue for their $256k deposit after discovering washer-dryer ban 

Teri Karush Rogers

Founder & Publisher

Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she covered New York City real estate for the The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri holds a BA in journalism and a law degree from New York University. 

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