open house for bank owned properties: Open house for a bank-owned property? For a separate listing agency?
- 02/25/10 03:34 AM
Why not? In my neck of the woods, it's a seller's market. Inventories are low. Buyers are actively looking. Multiple offers are fairly common because there are fewer properties to show. Agents who want to use the old-fashioned (and in our area, fairly effective) way of getting prospective clients through open house, here's an idea: If your agency doesn't have enough listings for you to hold open, then call a reputable REO listing agent and see if you can hold HIS or HER listing open. And yes, you can pick and choose which properties you want. It can be done and
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