you look cute in your avatar.. how about you send me some photos and Ill send you some bpo companies...



doesnt anyone remember hard work?

You guys are missing the point ..........

The question is asked like this, "have you had many offers?" ..

They didn't ask, "id this listing still available?" ....

Two very diiferent questions ........

When they ask about offers they really are eanting to know if they can low ball it .........

I guess the question should be is it worth me making any offer? For example you might have submitted several offers that one of probably will get accepted a week before I even called and you are just waiting to hear back from the lender on which one they would choose. I call to ask that because I don't want to go through the paper work writing the offer and
getting a pre approval letter from my lender just to have one that was submitted 2 days earlier get accepted. That's generally how it is in my local market. And now that I think of it has this thread gotten off topic or what? From the millionaire $150 million agent wanting to do REO to arguing about realtors calling about listings. he he

This would work beautifully with diligent agents, but they aren't the problem. I call on just about every house I show, because a 30 second phone call is far less bothersome (for anyone) than having your clients schlep out to a listing and fall in love with it just to find out its been under contract for 3 weeks. And the call often leads to the listing agent offering pertinent information not included in the MLS.

When I show *regular* listings as a buyer's agent, this is my process:

1. Send the list to the buyer.

2. Get the buyer's picks for showing.

3. Get showing instructions for each of the listings from the MLS (unless the listing specifies otherwise).

4. If and when the buyer wants to make an offer, which may be days or weeks after seeing the property, THEN I call the other agent to get specifics on availability, existence of other offers, etc. At that point in time, I expect the listing agent to be attentive and happy to get my call because we have a potential deal in the making. And they usually are! And I preface my questions with "I've read your MLS listing and here are the specific questions I have for you."

Someone please tell me why this would have to be different for REO properties, other than I'm just looking for excuses not to show property.

To me, getting the preliminary info not very useful. Any information I give you when you call can change minutes after we hang up. Active now, pending this afternoon, or maybe not! 0 offers now, 2 offers 2 hours from now, or maybe not!

The bottom line is you can't eliminate 100% of your risk. You are going to have to take the chance sometime that a listing (REO or otherwise) just may not be there for you when your buyer is ready to put in the offer. That's just the nature of the business.

Finally, I don't have a problem with people calling. My issue is with people calling for information that's right in front of them. Or who don't want to look it up themselves and find it easier to just pick up the phone.

foo foo spray=deep woods off! deters hitchhiking fleas

Has anybody noticed that the originator of this thread hasn't posted since it was started?

Just wondering...