Catch a Tour Bus; See some Listings!!

I just read an article in the Sacramento Bee where investors are taking tour buses to view foreclosure to foreclosure listings.  Has anyone else heard about this.  I know of Realtors going in caravans to see actual listings that are on the market and giving feedback, but bus loads of investors looking to buy REO or foreclosure properties is just amazing to me.  Don't get me wrong, I want to see these properties sold and not to be vacant, and maybe this is the best approach to having properties sold.  I just think it  is super sad that there are so many REO and foreclosure-type properties out there that people are resorting to this type of marketing and tactics to sell their listings.  What does everyone else think about this?


Matthew Zgonc
www.buysellmodesto.com
 

4 Comments on Catch a Tour Bus; See some Listings!!

I have heard of "office tours" where agents go out to preview listings from other agents in their office, but this craziness has not quite hit my area yet!

03/05/2008 09:52 AM by Michael Klijanowicz - Relocation Specialist - Baltimore & Harford County (Baltimore & Harford County Maryland - Long and Foster )

We have office tours, but I thought it was totally crazy that this type of stuff is going on.

03/05/2008 09:57 AM by Matthew Zgonc, REALTOR® for Modesto, CA (ERA Village One Real Estate)

Yes, my area is sponsoring tour buses to look at foreclosures and new home sales. It a sign of the times, when you need to make things happen, agent start to think outside the box.

03/05/2008 10:10 AM by Lorraine and Loretta Kratz (Crescent Moon Realty, Inc. & Land N Sea Auctions.)

I didn't know that they were doing that in the Bay Area.  I guess this is occurring more and more often.

03/05/2008 10:23 AM by Matthew Zgonc, REALTOR® for Modesto, CA (ERA Village One Real Estate)

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Real Estate Agent: Matthew Zgonc, REALTOR® for Modesto, CA (ERA Village One Real Estate)
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