Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#348646 - 08/20/10 05:00 AM "Buy Owner" To Bite The Dust
PA Roadkill Offline
Major Contributor

Registered: 11/15/06
Posts: 2050
Loc: The Middle of the Interstate
Those of you in the southeast should be familiar with this company with the big TV barrage that ended with "Thanks, Buy Owner"

Now it's "You owe me, But Owner"

http://www.palmbeachpost.com/money/buy-owner-service-is-in-liquidation-868672.html
_________________________
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



Top
#348652 - 08/20/10 06:43 AM Re: "Buy Owner" To Bite The Dust [Re: PA Roadkill]
broker Offline
Major Contributor

Registered: 08/16/04
Posts: 1979
Loc: Cary, NC
I read the article and visited their site and this seems like a viable business model (better than most fsbo services actually), and it looks like they just got in over their heads with debt and the owner wants out.

Probably made millions during the boom. Flat fee and discount brokers are killing it around me and I guess it's a matter of location and homeowner equity and ability to be negotiable. I don't know if this company is in the mls at all but if not that would explain their demise.

One things for sure... we have a loooooong way to go til the bottom.
_________________________
the real estate industry is changing...

Top
#348659 - 08/20/10 09:01 AM Re: "Buy Owner" To Bite The Dust [Re: broker]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8478
Loc: georgia
Nothing new there.The owner made money and now that his debts are being called he is protecting personal assets and wealth and saying dump the company.

Typical owner as they all don't want to invest the personal wealth built up over the good times into a sinking ship.

He would do well to take his money and buy up distressed real estate for the upcycle.

Top
#348774 - 08/21/10 07:01 AM Re: "Buy Owner" To Bite The Dust [Re: super realtor]
broker Offline
Major Contributor

Registered: 08/16/04
Posts: 1979
Loc: Cary, NC
Large RE/MAX office also closing in FL. No one wants to take it over or buy it.

http://www.sun-sentinel.com/business/fl-...rce=patrick.net
_________________________
the real estate industry is changing...

Top
#348811 - 08/21/10 11:53 AM Re: "Buy Owner" To Bite The Dust [Re: broker]
PA Roadkill Offline
Major Contributor

Registered: 11/15/06
Posts: 2050
Loc: The Middle of the Interstate
Is this the Re/MaX franchise that had a couple of hundred agent in the Coral Springs office? We used to see them often in central Palm Beach County.
_________________________
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



Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
CourtneyFields19, theshortsaledude, toorgeman123, D best Realtor, Nilufar Yeasmin
21439 Registered Users
Who's Online
6 registered (NextStep, JiminVA, Muniart, 3 invisible), 161 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 79
KingofBPOs 55
Brit16 51
DueDiligence 37
super realtor 36
Bigtoe 35
Averis 34
johnnyloans 34
Kjmendy 33
SoldWithVideo 32
RIzwan 29
75Corvette 25
Scintillion 25
Doin' bpose 25
shurdul 24
(Views)Popular Topics
No new orders today 4757801
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2707717
Stupid MLS comments. 959064
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 291065
Land America 285007
New HUD Listing Brokers---Any Update? 269749
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239419
Stupid QC comments and BPO requirements. 230711
Is there religious content in Buffini class? 225895
FARVV 177251
REOTRANS 160812
Let's talk about our cars 147763
USRES / RES.NET 147658
asset val seminar in colorado 144137
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 02/29/08
Posts: 22

How To Advertise Here


This site presented by RNC Internet Services