An Ethical Mission Viejo Realtor Makes Hard Choices
My Goals as an Ethical Mission Viejo Realtor
My goals as an ethical Mission Viejo Realtor are to treat each client with respect and dignity and to care for each client as I would appreciate being cared for.
The pursuit of my goal to remain an ethical Mission Viejo Realtor leads me to many different sources of information, perspective and like-minded people. So you won’t find it odd that one of the most interesting things I learned about Cal Poly San Luis Obispo,
as I dropped my daughter off to start her freshman year of college this week, is the University’s commitment to “Learn By Doing” and the Mustang Way – which is as follows:
- We are focused on excellence
- We embrace one another
- We are one community
- We accept responsibility
- We lead by example
These are extremely decent and honorable words to guide a college student, as well as an ethical Mission Viejo Realtor. So, I applied these guiding principles to a recent Mission Viejo real estate experience I had to see if I could cut the mustard. Here’s what happened.
My phone rang last week. Well, it didn’t actually make a “ringing” sound, I have a special ring tone set up for unknown callers, and on line was a gentleman looking for a home to lease for a year while both he and his cousin participate in a post-graduate program at UCI. Being new to Orange County, the two young men were staying in a local hotel, driving a rental car,
with brand new cell phones and new bank accounts with a large national banking establishment. Their program at UCI commences on September 20, and they were dedicating their time and efforts to find a residence as soon as possible.
I accepted my responsibility as an Mission Viejo Realtor (who also serves Irvine and many other Orange County communities) and embraced their desire to find suitable living arrangements. Armed with their need for a two bedroom condo close to UCI available for immediate occupancy preferably with a washer, dryer and refrigerator included, we set out eighteen hours later to look at four condos that could possibly work for them.
They liked three, and leading by example, we sat down to complete the applications according to the requirements set forth by my fellow Realtors and their landlord clients. This is where I learned that we’re not really one community.
Much like an offer to purchase a home in Mission Viejo today, each condo requested certain documents and information as a part of the application. Proof of funds to cover the security deposit and the first several months rent is a vital piece of an excellent application. No problem in the case of these two gentlemen, as they had their current bank statement showing more than adequate funds. Next bit of documentation concerned proof of income to support the remainder of the year’s rent. Slight problem here. See, these two young men are not US citizens. They are attending UCI on a US Department of Justice Certificate of Eligibility of Nonimmigration (F-1) Student Status which they provided for the landlords’ review. They don’t have jobs or paychecks. Instead, their parents, back in their home land, will be sending them roughly $10,000 each every three months to cover their living expenses. So they accepted the responsibility to show their prospective landlords the capability to pay for the remainder of the year by providing their parents bank statements, showing the equivalent of roughly $100,000. I thought we had that requirement covered, so on to the next item – their credit report and FICO scores. Impossible to produce this document, as the young men do not have Social Security numbers or any sort of credit history traceable by a credit report. But they do have rental history from an apartment they leased in Illinois as a part of another study program. They provided the contact name and phone number so the prospective landlords could check their payment history and condition of the property when they vacated at the end of the lease term.
Despite all of the alternative documentation to portray their ability to pay the rent and be responsible tenants, each application was declined. In a desperate attempt to further demonstrate their excellent candidacy for tenancy, they offered to pay three months rent up front. This was also declined. Having exhausted every avenue trying to lease from an Orange County landlord, they are currently still living in the local hotel, now trying to rent an apartment from a large property management company. I wish them the best. Unfortunately for me, there are occasions like this where my choice to remain an ethical Mission Viejo Realtor means I don’t get paid. On to the next client.
I’m Leslie Eskildsen, your Mission Viejo Realtor
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