Everybody had been foreclosed on. - 12/23/09 08:19 AM
I have a rental property.  My tenants recently moved out.  Everybody who applied to move in had been foreclosed on.  I chose a very nice couple.  She had been laid off earlier in the year.  It took her 2 months to find another job.  During that time, they fell behind with their loan.  Between interest and penalties they could never catch up.
… (1 comments)

BPO values and the agent who gets the listing. - 12/13/09 11:25 AM
I do a lot of BPOs.  I have noticed that certain agents sell on price only.  The range of prices in the neighborhood is $100,000 - $120,000.  One agent has a REO sale at $80,000.  It is always the same few agents with that sale.  They do no marketing, advertising, etc.  They put it up in the mls and let the bidding war begin.
Today I did a BPO.  I really wanted to say if you give it to an agent who works the listing it will sell $110,000.  If you give it to one of these agents, it will sell … (7 comments)

It is not rocket science. - 12/02/09 04:20 PM
I was showing property today.  We went up to a very nice house.  I opened the lock box.  There were 2 keys.  Neither one of them opened the front door.  After a couple of minutes the buyer said "Next".   This is the second time this has happened to me in the past month.  How do agents expect to sell their listings if nobody can see the property?  Or is this a way to make sure that they double end the sale?
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Matt Kofsky

Reno, NV

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Transaction Realty 500 Reno, Nv.

Address: 6121 Lakeside Dr, Suite 101, Reno, Nv, 89521

Cell Phone: (775) 240-4663

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