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Investors are buying big while they still can, SHORT SALE NOT ON MLS?

By Michael Rasch

Real Estate Agent with International Property Finder - Property Option 3072001

February 19, 2013 12:30 AM

So this weekend I am reading the paper and something catch's my eye. it's the 6 or 7th paragraph of this article

http://www.sun-sentinel.com/business/realestate/fl-waypoint-foreclosed-homes-20130218,0,3360799.story

the point in question is this statement ' In some cases, the firms are buying short sales and foreclosures that never make it on to local multiple listing services.'

HOW THE HECK DOES THAT HAPPEN

Really, I wonder how true that is? Is there some inside tract that is not being disclosed ?

Love to hear your views

Michael 'The Realtor' Rasch

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Dan Hopper

Dan Hopper - Gold Way RE - Westminster, CO

Colorado Broker / Referral Services

Michael, remember not all licensed real estate brokers / agents are Realtors®. So, the do not abide to the rules as established in most MLS, since those are regulated by Realtor Boards. Just one thought!! If it is a Realtor doing this, they may be in violation of the MLS rules and regs, but I am only referencing my area!

Feb 19, 2013 12:44 AM

Investors are buying big while they still can, SHORT SALE NOT ON MLS?

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