If it has multiple offers then it is most likely priced under market because overpriced REO bank foreclosures will not get offers. It sounds like you are in a price bracket with little quality properties and many buyers competing for them. Wait a f
Re: FARVV
by MArealtor
@ 25 minutes 15 seconds ago
my volume is down 30-40% from 2 yrs ago. I think there are just more agents out there doing BPOs and FARVV is finding more agents in each local market to take the orders. So, when I used to travel 15-20 miles to do orders, I now only get them in my d
Originally Posted By: Pine Hang in there MA - it will eventually work out. Thanks. For those of you that remember trying to break into the REO buisiness, there are many more defeats than victories. I have been at it for a few years and have only g
*$50k-$500k loan amounts *only collateral that can be used is real estate (residential or commercial only-no land) *$10k or 10% d/p whichever is greater for purchases *interest rate of 1-2.5%/month (depending on deal) *no credit score requirement
Originally Posted By: luckyMan, this market is compeditive for listings. I have been tracking the leads I have lost to other agents so far in 2010 and currently the total is 22. Imagine if I could somehow have listed 1/2 of them! I'd be up by an ad
Hey how is it going? My name is Cody and I am 19 years old. I am a field engineer currently and a full time student at the local college. I do the inspections on all new homes being built in vegas. Well maybe not all, but quite a few,LOL. I live in L
Theres this guy in the office who is REALLY annoying. He continually asks what I'm doing for business. I tell him I am settling in, learning everything. Each and every time I see the guy, he keeps asking what I've been doing like he's my mother. Th
I signed up a while back when they first made the switch, they sent me a new app today. I asked if there is any chance of REO..will let you guys know the answer. Don't want anymore ORT pita's right now..too busy with REO and short sales.
Fllagent Sounds like he intends to turn you into his flunky. If you want the job take it. You don't say what's in it for you so far, are you embarrassed by your arrangement. Show some stuff, whats he going to do with all the leads? Just keep them i
yes you can focus on buyers but a buyer only agent is as rare as Bigfoot. what do you think they do, sell their buyer a house and then say don't call me in the future unless you plan on buying? Or you want to buy a home but you need to sell your home
Maui, just visit their website and you can create an account for free. They do however ask for 30% co-op broker fee when you finalize a transaction with a client they connect you with.
James This is a matter of which home is selected for an open house. I don't allow opens on homes that aren't ready to show. I once had an open I advertised as the three pigs live here but this sty has great possibilities take a look! Sold it at th
Originally Posted By: GOTOREOYes, I fill out sections and go to save with only everything missing. Same problem I'm having! I love this site, that way I can verify others are having similar problems - and I'm not going crazy!!!
Vermont Wow, you caught me by surprise having a rate that goes down as the price goes up in a buyers market. As the price goes up, buyers become rarer, and my time and effort and expenses increase thus my rate goes up, not down. So not to advocate
Sucks - like pulling hen's teeth here So what I see so far indicates that bedroom 6,7,& 8 have the same value as bedroom 1,2, and 3. Is this really true? Why or why not? Answer's so far seem to be only partially correct or not fully answered
The last REO listing I had the paralegal for the bank suggested I cut my commission right before the closing. The lawyers picked it up and started sending emails around (I was CCed on the emails) They all agreed that was the direction to take.....can
I wish I had a few like him now. Our REOs are selling at 40% - 60% of Tax Assessed value. Several years ago you could do a quick thumbnail that a property was worth 133% of tax assessed value. Our 2009 TA value is based on 2008 sales data and exc
Celebrating 12 years as one of the internet's most popular Real Estate Communities!
