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#265218 - 12/17/08 10:35 PM Your thoughts when your property gets reassigned
Cool guy Offline
Major Contributor

Registered: 06/30/04
Posts: 2043
Loc: California
I take it all personal. LOL.

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#265222 - 12/17/08 10:45 PM Re: Your thoughts when your property gets reassigned [Re: Cool guy]
jbt4re Online   content
Major Contributor

Registered: 03/04/07
Posts: 1801
Loc: SWI
I don't, it happens. I get them and I lose them, it's all part of REO. Some I would be more than happy to lose and have someone take care of the headache.
_________________________




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#265225 - 12/17/08 10:53 PM Re: Your thoughts when your property gets reassigned [Re: jbt4re]
savvycyn Offline
Veteran Member

Registered: 07/12/07
Posts: 707
Loc: California, USA
I take it personal too

But I am learning more & more how to separate myself in this business. So many of my clients are like robots & you just have to get over there lack of personality/caring or it will drive you nuts...

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#265226 - 12/17/08 11:16 PM Re: Your thoughts when your property gets reassigned [Re: savvycyn]
CALL TODAY SMILE TOMORROW Offline
Veteran Member

Registered: 06/08/06
Posts: 614
Loc: DETROIT
I don't take is personal, but it does [censored] me off. I just had 1 reassigned after having it 8 months and under contract 4 times. It fell apart each time because of mortgages (cash deal would have been nice)
_________________________
NOT JUST A JOB IT'S A LIFESTYLE
JEFFREY SACK
J&S Properties of Metro Detroit

OFFICE (313) 779-1817
Fax (313)865-7406

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#265227 - 12/17/08 11:20 PM Re: Your thoughts when your property gets reassigned [Re: CALL TODAY SMILE TOMORROW]
jdharpe Offline
Member

Registered: 10/11/08
Posts: 301
Loc: Washington
have not had one reassigned yet, but i have one that i think its coming....

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#265232 - 12/18/08 12:21 AM Re: Your thoughts when your property gets reassigned [Re: jdharpe]
Wissa Offline
Member

Registered: 12/09/08
Posts: 29
Loc: CA
I lost my 1st one recently... bad location... bad AM... begging to reduce the price constantly, finally a desperate buyer made an offer and couldn't produce the loan.

was sort of pissy... but I quickly got over it... ohh yea and the next agent stole my combo code lockbox!!

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#265242 - 12/18/08 01:26 AM Re: Your thoughts when your property gets reassigned [Re: Wissa]
papa lou Offline
Veteran Member

Registered: 04/23/06
Posts: 852
Loc: Los Angeles, California
AT first I took it personally, but not anymore! At least for the ones wherein the listing period has expired.

Now I do get pissed when they just reassign arbitrarily after I spent money marketing and the listing has not expired.

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#265246 - 12/18/08 03:06 AM Re: Your thoughts when your property gets reassigned [Re: papa lou]
R8Ragent Offline
Member

Registered: 01/07/08
Posts: 108
Loc: Washington State
What goes around usually comes around. I've lost some - and picked some up.

I do feel bad when the bank reassigns one to me - drops the price $10,000 and then I sell in less than a week though. That has to make the other agent pretty upset! After they did their best for four months. ...But I've been there too, its a bummer when you are producing offers, but the people aren't able to make the deal stick - and then you lose the listing. All that hard work down the drain.

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#265249 - 12/18/08 04:22 AM Re: Your thoughts when your property gets reassigned [Re: R8Ragent]
PA Roadkill Offline
Major Contributor

Registered: 11/15/06
Posts: 2050
Loc: The Middle of the Interstate
In the past year, I've lost two and picked up two with the same broker on the other end.

Luckily we're friends so it's no big deal. And all four were the same company and all four were problem properties.
_________________________
Broker-Owner Thirteen Years REO Experience
GRI,CRS,CRB,e-Pro

Some days I feel like the bug, other days I feel like the windshield



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#265263 - 12/18/08 09:07 AM Re: Your thoughts when your property gets reassigned [Re: PA Roadkill]
Mr. Foreclosure Offline
Major Contributor

Registered: 09/01/06
Posts: 2834
Loc: upstate New York
S_ _ _ happens. I have had some reassigned that I was not very happy about (and in a few cases have said I will not accept new assignments from the offending company again). In other cases they were problem properties the loss of which is really a favor.

On the overall scale I will also admit that I have benefited from receiving some that were reassigned from others; probably all balances out in the end.

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#265268 - 12/18/08 09:58 AM Re: Your thoughts when your property gets reassigned [Re: Mr. Foreclosure]
Peace ☼ Offline
Member

Registered: 06/29/07
Posts: 478
Loc: Chicago
Some I'm glad to see go....others really [censored] me off after I do all of the prep work ....Especially when the other agent lets the property go down and it sells for lower than offers received early on...

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#265270 - 12/18/08 10:01 AM Re: Your thoughts when your property gets reassigned [Re: Cool guy]
Artiste Offline
Major Contributor

Registered: 06/12/06
Posts: 1972
Loc: Arizona Bay
Originally Posted By: Cool guy
I take it all personal. LOL.


if that ever happened to me, i also would take it personally and likely obsess over it for a day and a half or more - seriously
_________________________
Let's take back the real estate between our ears and get green like a sonofa$%^&*

NAFTA is over!!
(if you want it)


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#265381 - 12/18/08 09:32 PM Re: Your thoughts when your property gets reassigned [Re: Artiste]
StLbpo's Offline
Member

Registered: 04/13/05
Posts: 372
Loc: missouri
Its just part of the you get some ....you loose some

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#265401 - 12/19/08 03:55 AM Re: Your thoughts when your property gets reassigned [Re: StLbpo's]
LND Offline
Member

Registered: 01/06/07
Posts: 496
Loc: San Francisco
Chi-town,

That just happened with me. I got the bank to lower and the offers coming in are lower than ones they could have taken 3 weeks ago. But that isn't my fault. Those buyers were gone when rejected, and even the old broker told them to lower.

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#265450 - 12/19/08 03:13 PM Re: Your thoughts when your property gets reassigned [Re: LND]
Margaritaville Offline
Member

Registered: 04/24/06
Posts: 435
Loc: Illinois
For me, it depends on the property.

Sometimes, I have an absolute hissy fit and throw a temper tantrum that would put a spoiled 3 year old to shame. Then about 2 minutes in I realize I'm acting a fool, and it's not the end of the world, there are plenty of other properties out there for me to list. It just wasn't meant to be.

Other times, I do a little happy dance because it was a heap of junk and I never really wanted to waste my time with it anyway smile
_________________________
If there was a better way to go then it would find me
I can't help it, the road just rolls out behind me


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