realtytrac: Why Do I Need A Real Estate Agent To Find Real Estate Listings? - 04/30/12 07:53 AM
In the spirit of consumer awareness.
This morning, I received an online lead from the 3rd party vendor that our "big broker" contracts with for foreclosure leads. The customer was interested in a property that was listed as "bank-owned", or "REO". However, the property is not bank-owned.
Now, I don't think for a minute that the vendor is being deliberately misleading, but, this property was purchased by a real estate investment firm at a trustee sale in Oct 2011 and listed for rent from Dec 11-Feb 12. The listing was then withdrawn from the MLS, probably because they either rented … (3 comments)

 
Cathy Baumbusch, cathybREALtor (RE/MAX Executives) Rainmaker large

Cathy Baumbusch

cathybREALtor

Springfield, VA

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RE/MAX Executives

Address: 4000 Legato Road, Fairfax, VA, 22033

Office: (703) 449-7629

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Keeping Real Estate REAL for Washington DC and the surrounding area, including Northern Virginia and Suburban Maryland.


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